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      UK economy’s rebound fails to stem two years of mass job losses 

      LONDON, UNITED KINGDOM - JANUARY 31: The Shard is seen on the horizon as commuters cross London Bridge during the morning rush hour on January 31, 2023 in London, United Kingdom. The IMF reports that the UK economy will contract by 0.6% in 2023, as opposed to the previous prediction it might grow, and will perform worse than many other advanced economies, including Russia.The cost of living continues to hit households with grocery inflation for the first four weeks of 2023 rising to 16.7% which would add a further £788 per year to family food bills. (Photo by Leon Neal/Getty Images)

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      Exclusive: Former Formula 1 figure invests £100k into new Pacer app dubbed ‘Sports Tinder’

      White Martini Racing Formula 1 car on a grey track with green grass borders, in motion during a race.

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      Meet the Destrier, Bugatti’s most extreme one-off yet

      Dark blue Bugatti Solitaire Destrier hypercar with sleek design and silver trim, against a black background

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Boris Johnson

  • Next era is knocking: Possible runners and riders to replace Boris Johnson as Tory leader and PM

    July 10, 2022

    Boris Johnson announced on Thursday he has agreed to step down as Prime Minister in September, following the resignation of Sajid Javid and Rishi Sunak on Tuesday and a wave of government resignations this week. Looking ahead, City A.M. zooms in on potential frontrunners to replace Johnson as Prime Minister. Rishi Sunak The former Chancellor’s [...]

  • Downfall of a Prime Minister: How handling of Chris Pincher scandal spiralled into Boris Johnson’s worst crisis

    July 10, 2022

    An isolated Boris Johnson has agreed to leave Downing Street this September – following haemorrhaging support across the Tory ranks in the wake of the Chris Pincher scandal. The Prime Minister announced his resignation yesterday. After a dramatic wave of Government resignations this week and a slew of former allies withdrew their backing his political [...]

  • Race to replace Johnson: Two candidates confirm bids, as Mordaunt, Hunt, Zahawi, Javid, Sunak, Truss, Baker and Wallace consider chances

    July 8, 2022

    Two candidates have confirmed they are running in the Conservative leadership election, while at least five others are tipped to enter the contest. So far, only attorney general Suella Braverman and Foreign Affairs Select Committee chair Tom Tugendhat have issued their intention to run. 24-hours after Johnson announced he would step aside, a YouGuv poll [...]

  • Boris and Carrie Johnson cancel plans to hold wedding party at Chequers

    July 8, 2022

    Boris and Carrie Johnson are no longer planning to host a wedding party at Chequers, which was reportedly to be held at the property despite the Prime Minister entering his final days in office as caretaker leader. The pair married in a low-key, private ceremony at Westminster Cathedral last year. A small group of family [...]

  • 1922 Committee treasurer: ‘Ship has sailed’ on PM leaving immediately but new leader should come in ‘as soon as possible’

    July 8, 2022

    A senior figure in the powerful 1922 Committee has said Boris Johnson should be ousted “as soon as possible”. Backbench MP Sir Geoffrey Clifton-Brown commented the Prime Minister’s position, after Johnson announced he would leave office soon in a speech outside Number 10 on Thursday. This comes after more than 50 resignation letters were submitted, [...]

  • Angela Rayner: Labour will call a no-confidence vote if Boris Johnson doesn’t go by Monday

    July 8, 2022

    Labour’s deputy leader has pledged to bring forward a vote of no confidence in the government if the Conservatives don’t immediately remove Boris Johnson. The opposition figure called on the party of government to quickly remove the incumbent “lame duck” of Number 10. Liberal Democrat leader Sir Ed Davey has also said he’d back a [...]

  • LIVE BLOG: Boris Johnson ‘should not remain in Downing Street’ says former PM Sir John Major

    July 7, 2022

    Welcome to City A.M.’s rolling coverage of the ongoing Conservative coup against prime minister Boris Johnson. We’ll bring you all the latest news, resignations, appointments, analysis and opinion, as well as the impact of the crisis on the markets and economy. 2pm – Former PM Sir John Major says Boris Johnson “should not remain in [...]

  • ‘Them’s the breaks’: Defiant Boris Johnson resigns as Prime Minister

    July 7, 2022

    Boris Johnson has formally announced his resignation as Conservative party leader and Prime Minister, telling a crowd of supporters and press outside Downing Street that he was “sad … to be giving up the best job in the world”. Johnson was defiant until the end and blamed today’s resignation on Wesminster’s “herd” mentality, instead of [...]

  • New prime minister has to grapple with ‘unsustainable’ UK indebtedness, fiscal watchdog warns

    July 7, 2022

    Britain is on “an unsustainable path” to high indebtedness unless action is taken to strengthen the public finances, the country’s fiscal watchdog warned today. A combination of higher health spending to deal with an ageing society, the loss of motoring taxes due to the transition to net zero and greater geo-political risks could swell the [...]

  • Starmer, Sturgeon and Davey respond to Boris Johnson’s resignation: Election, referendum and unity on the table

    July 7, 2022

    Labour leader Keir Starmer has led the response to Boris Johnson’s impending resignation, saying he has been “Responsible for lies, scandal and fraud on an industrial scale” North of the border, the Scottish National Party’s Nicola Sturgeon saw the resignation as a renewed opportunity to push for independence, while Wales’ First Minister Mark Drakeford called [...]

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