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Politics

  • Rishi Sunak or Liz Truss will be the next UK Prime Minister

    July 20, 2022

    Either Rishi Sunak or Liz Truss will be the UK’s next Prime Minister, after coming out top in a series of Conservative MP votes that finished this afternoon. Rishi Sunak picked up the most votes in the final round with 137, followed by Truss on 113 and Penny Mordaunt on 105. The next Conservative leader [...]

  • Brexit: UK lays foundation to scrap hundreds of EU financial services rules

    July 20, 2022

    Ministers have today tabled landmark post-Brexit legislation in parliament that will lay the foundation to scrap hundreds of retained EU rules on financial services. The long-awaited Financial Services and Markets Bill sets up a mechanism to bin EU financial services regulations one-at-a-time and either replace them with completely new rules or with none at all. [...]

  • EU calls on member states to cut gas usage 15 per cent amid fears Russia will turn off the taps

    July 20, 2022

    The European Union (EU) has urged member states to cut gas usage by 15 per cent until heading into winter to stave off shortages from Russia.

  • Probe launched into civil service leaks aimed at damaging Penny Mordaunt’s Tory leadership campaign

    July 20, 2022

    Simon Case, the most senior civil servant in the country, confirmed this afternoon that an investigation has begun into allegations that material was leaked from within the civil service to supposedly damage the campaign of Tory leadership contender Penny Mordaunt. David Davis, one of Ms Mordaunt’s most prominent backers within the Conservative Party, wrote to [...]

  • Boris Johnson urges next PM ‘not to always listen to Treasury’ in parting shot at Rishi Sunak

    July 20, 2022

    Outgoing Prime Minister Boris Johnson said big infrastructure projects would not have been built “if we’d always listened to the Treasury” in an apparent parting shot at his former chancellor Rishi Sunak. The Prime Minister gave some “words of advice” to his successor during his final Commons appearance, which included: “Cut taxes and deregulate wherever [...]

  • ‘Hasta la vista, baby’: Johnson bids farewell in final PMQs

    July 20, 2022

    Boris Johnson has told the nation it is “mission largely accomplished – for now” in his final parliamentary address as Prime Minister, while also invoking Arnold Schwarzenegger by declaring: “hasta la vista, baby.” In a farewell address that referenced Winston Churchill and 1980s film The Terminator, Johnson told his successor to “stay close to the [...]

  • Keir Starmer on Boris Johnson: ‘A complete bullsh**ter who bullsh**s about everything’

    July 20, 2022

    Labour’s leader said this morning the outgoing Prime Minister had been “found out” as the country has a sense that “this guy doesn’t mean a word that he says”. Sir Keir Starmer called Boris Johnson a “complete bullshitter” who “took the piss” out of the public with his partygate explanations. Asked for his honest assessment [...]

  • MPs claim Covid PPE contract ‘failures’ cost UK taxpayer £2.7bn

    July 20, 2022

    There were “significant failings” in the government’s management of personal protective equipment (PPE) contracts during Covid that cost the taxpayer £2.7bn, according to a crossbench committee of MPs. A report from Westminster’s Public Accounts Committee (PAC) says the government is in dispute with 176 contract holders for PPE, worth £2.7bn, around the effectiveness of the [...]

  • Heatwave investigation: Is it hot enough to fry an egg off the ground in the City?

    July 19, 2022

    Almost a decade ago, the reflection of the sun off the Walkie Talkie – otherwise known as the Fenchurch Building – was hot enough to melt a Jaguar and fry an egg. That was due to the reflection off the skyscraper, effectively turning the entire building into a magnifying glass. The building was soon fixed, [...]

  • Tory leadership: Sunak, Mordaunt or Truss will be next PM

    July 19, 2022

    Rishi Sunak, Liz Truss and Penny Mordaunt are the three remaining candidates to be the next UK Prime Minister, after Kemi Badenoch was today eliminated. Sunak picked up 118 votes in the latest Tory leadership vote, followed by Mordaunt on 92, Truss on 86 and Badenoch on 59. There will be a final MP vote [...]

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