HS2 is a ‘killer whale’ for next PM, says cabinet minister July 24, 2022 The HS2 rail project will be a “killer whale” for the next UK Prime Minister and “could “rip the arm” off their administration, according to Cabinet Office minister Kit Malthouse. Malthouse urged Rishi Sunak and Liz Truss to ensure “we’ve got the risk assessed properly” on the near £100bn high speed rail line that will [...]
Hard-line immigration policy will ‘stifle’ growth in the capital, London firms warn Truss and Sunak July 24, 2022 A hard-line immigration policy risks tightening the labour market further and choking off economic growth in the capital, a top London business body has warned Tory leadership contenders.
Tory contender Rishi Sunak backs insulation over heat pumps as winter crisis looms July 24, 2022 Sunak has hinted that he will prioritise insulation for low-income households over new technologies such as heat pumps this winter.
Travel rebound buoying demand at Rolls-Royce, chief says July 24, 2022 The outgoing boss of Rolls-Royce Warren East said a rebound in air travel after covid was buoying demand at the jet-engine maker as he issued a bullish outlook for aviation in the face of a global recession.
EU in talks with Nigeria to replace Russian gas as UK aims to boost flows into troubled bloc July 24, 2022 The EU is in talks to buy gas from Nigeria as the bloc scrambles to secure supplies in case Russia turns off the taps ahead of winter.
Tory leadership: Truss set to attack Sunak as soft on China July 24, 2022 Liz Truss’ campaign team is reportedly set to paint Rishi Sunak as soft on China and national security as she tries to win over Tory members. Truss, who is foreign secretary, has framed herself as a foreign policy hawk in the early parts of the campaign and talked up her efforts in helping place sanctions [...]
Sunak and Truss try to outdo each other on refugee policy July 24, 2022 Rishi Sunak and Liz Truss vied with each other last night to be tougher on immigration policy in a bid to win over the right of the Tory party in the leadership race. Sunak vowed in The Sunday Telegraph to introduce a cap on the amount of refugees the UK takes in every year that [...]
No property policies: Lack of housing ideas from Truss and Sunak branded ‘deeply alarming’ July 24, 2022 Rishi Sunak and Liz Truss need to put tackling the housing crisis at “the top of their list” if they become Prime Minister, a major housing association told City A.M. this morning. The National Association of Property Buyers said a whole generation of people faced being unable to own or rent a property due to [...]
Half of all Brits need extra money to get by so millions are scrambling to find additional sources of income July 24, 2022 As the cost of living crisis continues, over 30m Brits have been forced to seek an additional source of income due to the pinch on their finances. Shockingly, this is a staggering 65 increase in just four months, since February this year, according to new research shared with City A.M. this morning. Younger people are [...]
WHO declares monkeypox global emergency as now spread across more than 70 countries July 23, 2022 The World Health Organisation (WHO) has declared monkeypox a global emergency, as the disease has now spread across more than 70 countries. The move could lead to increased investment in treating the illness, as it now requires a coordinated global response. According to Michael Head, senior research fellow in global health at Southampton University, the [...]