Dorries: Truss ‘deserting the centre ground’ with ‘unconservative’ benefit cuts October 6, 2022 Nadine Dorries has accused Liz Truss of “lurching to the right and deserting the centre ground” allowing Labour leader Keir Starmer to “place his flag on”. The former culture secretary who supported Truss in her leadership bid and was a staunch supporter of Boris Johnson, said the government’s policies were “cruel” in a time of [...]
Truss ‘giving with one hand and taking with other’ through stealth taxes, IFS says October 6, 2022 Liz Truss is “giving with one hand and taking with the other” by keeping stealth taxes, a new study out today reveals. Some £2 for every £1 returned to Brits in the prime minister and chancellor Kwasi Kwarteng’s tax cutting mini-budget will be lost to “fiscal drag,” the Institute for Fiscal Studies (IFS) said today. [...]
Liz Truss speech: North London’s not the problem in Britain’s race to growth October 5, 2022 Like a battered boxer with a thick skull, then, Liz Truss lives to fight another day. On the ropes, yes, but not quite down and out. Yesterday’s speech was fine, as it goes, and not much more than that. It will keep her party in some degree of order for at least a week or [...]
Liz Truss’s Tory Conference speech: The PM’s claims and statements fact-checked October 5, 2022 At the Conservative Party conference earlier today, Prime Minister Liz Truss gave her keynote speech, talking about her upbringing, the economic climate, and healthcare. Full Fact offered to fact check the different claims and statements for City A.M. “I stand here today as the first Prime Minister of our country to have gone to a [...]
Truss vows to defeat ‘enemies of enterprise’ as PM gets heckled by Greenpeace October 5, 2022 Liz Truss has vowed to defeat the “enemies of enterprise” and said her three biggest priorities are “growth, growth, growth” in her Tory conference speech, after being heckled by Greenpeace protesters. The Prime Minister launched a strong defence of her government’s recent mini-Budget, saying that “cutting taxes is the right thing to do morally and [...]
Services economy stalls as UK ‘drifts’ toward recession October 5, 2022 Britain’s all important services economy is stagnating, driven by consumers cutting spending in response to soaring inflation, a closely watched survey out today shows. S&P Global and the Chartered Institute for Procurement and Supply’s (CIPS) purchasing managers’ index (PMI) fell to 50 last month from 50.9 in August. The reading means the UK services economy [...]
Ukraine recaptures strategic territories in south and east as pressure mounts on Putin’s army October 5, 2022 Ukrainian forces continued to make massive gains across the south and east this week, liberating a number of key villages and putting increasing pressure on President Putin’s army. In his Tuesday evening address, Ukraine’s President Volodymyr Zelensky said the villages of Lyubymivka, Khreshchenivka, Zolota Balka, Bilyaivka, Ukrainka, Velyka Oleksandrivka and Mala Oleksandrivka had all been [...]
Truss eyes up new limits to public sector strike action October 5, 2022 As another day of train strikes begins from Aslef, Liz Truss is reportedly planning measures to curbs mass walkouts. As reported by The Times, the prime minister is considering a radical extension of laws that ensure a minimum service during rail strikes, which she hopes could apply across the public sector. It said business secretary [...]
Truss to vow a new era of growth as she tries to steady her premiership October 4, 2022 Liz Truss will tomorrow promise a new era of growth and try to reset her already faltering premiership, just 24 hours after the Tory party descended into all-out civil war at its annual conference. The Prime Minister suffered another damaging day as very public splits emerged within her cabinet, backbench MPs briefed against her and [...]
Badenoch plays down hopes of greater access to India for UK services in trade deal October 4, 2022 New trade secretary Kemi Badenoch has warned that any UK-India trade deal is unlikely to vastly increase access to the Indian market for City services firms. Badenoch today confirmed she was sticking to Boris Johnson’s deadline of striking a deal with India by Diwali, 24 October, but watered down expectations about how comprehensive it will [...]