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Politics

  • Daniel Korski QUITS Tory London mayoral race

    June 28, 2023

    Tory London mayoral hopeful Daniel Korski has dropped out of the race to take on Sadiq Khan for City Hall following an allegation of historic sexual assault. Korski, who has seen support drain away after TV producer Daisy Goodwin accused him of groping her breast during a meeting in No10 a decade ago, announced the [...]

  • Groping allegation against Tory mayoral hopeful Korski ‘very serious’, No 10 says

    June 28, 2023

    Downing Street has described the groping allegation against Tory mayoral hopeful Daniel Korski as “very serious”. No 10 also indicated prime minister Rishi Sunak would urge any further complainants to come forward. Television producer Daisy Goodwin made a formal complaint after she publicly accused the former adviser of sexually assaulting her during a meeting in [...]

  • Is Brexit the real reason for London’s stock market malaise?

    June 28, 2023

    Whether Brexit is to blame for London's market malaise is a topic of debate in the Square Mile.

  • Rishi Sunak should cut national insurance and make investment relief permanent, report argues

    June 28, 2023

    Prime Minister Rishi Sunak and Chancellor Jeremy Hunt should cut companies’ national insurance contributions and make the temporary business investment tax relief permanent, an influential think tank has argued in a radical blueprint to overhaul the UK’s tax regime. Employers’ should be subjected to a 12.8 per cent national insurance levy, one percentage point lower [...]

  • Johnson’s ‘unambiguous’ breach over Daily Mail column shows need for reform, Tory peer warns

    June 27, 2023

    Boris Johnson’s “unambiguous rule breach” over his Daily Mail column shows the urgent need to reform the approach to post-ministerial jobs, the government has been warned. Advisory Committee on Business Appointments (Acoba) chairman Lord Eric Pickles wrote to deputy prime minister Oliver Dowden with his concerns today. The Conservative peer said the former prime minister’s [...]

  • Tories won’t probe groping claim against London mayoral hopeful Daniel Korski

    June 27, 2023

    The Conservative Party has indicated it won’t open an investigation into an allegation of sexual assault by Tory mayoral candidate Daniel Korski. The party told the PA news agency that it “does not conduct investigations where the party would not be considered to have primary jurisdiction”. Daisy Goodwin, a TV producer and novelist, wrote in [...]

  • Jeremy Hunt to sign ‘milestone’ financial services agreement with EU

    June 27, 2023

    Chancellor Jeremy Hunt will today sign a long-awaited deal with the European Union on improving regulatory cooperation for financial services, in a move that Hunt said will boost the City as a “global financial services hub”. Hunt and EU financial services commissioner Mairead McGuinness will sign a Memorandum of Understanding (MoU) at the European Commission [...]

  • Covid-19 inquiry: No-deal Brexit prep stopped intensive care drugs ‘running out’, says Matt Hancock

    June 27, 2023

    Preparations for a no-deal Brexit meant vital intensive care drugs were prevented from running out during the pandemic, Matt Hancock has told the UK Covid-19 Inquiry. Crucial medicines were “within hours of running out” in the midst of the coronavirus crisis, the former health secretary said while giving evidence to the UK’s official inquiry. Asked [...]

  • Bank of England and Rishi Sunak fail to win over investors on inflation fight

    June 27, 2023

    Investors are sweating over Britain’s inflation problem running out of control and the Bank of England being unable to solve it any time soon, exclusive research for City A.M. has revealed. More than a year of raging prices has eroded confidence in policymakers’ ability to ease the cost of living crisis. Some 56 per cent [...]

  • Tory mayor candidate denies groping allegation in ‘strongest possible terms’

    June 26, 2023

    A potential Tory candidate for mayor, Daniel Korski, has denied allegations he groped a woman whilst an adviser in Number 10 in the “strongest possible terms” via a spokesperson. Daisy Goodwin, a TV producer and novelist, wrote in The Times that Korski grabbed her breast during a meeting in Downing Street in 2013. A spokesperson [...]

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