Regulators must be kept in check, Tory MPs warn April 18, 2023 Tory MPs have warned powerful regulators operating “largely unchecked” are holding back the UK’s economy and “directly hindering” the country’s growth prospects. The backbench Regulatory Reform Group (RRG) has called for increased parliamentary oversight of the UK’s regulators – from water and energy watchdogs Ofwat and Ofgem to banking supervisor the Financial Conduct Authority (FCA). [...]
Retail groups call for business rates reform to save Britain’s high streets April 17, 2023 Retail and hospitality groups have called for urgent reform of business rates, which are contributing to shop closures and job losses. “Retail accounts for 5 per cent of the economy but pays more than one-fifth of business rates,” Helen Dickinson, British Retail Consortium (BRC) chief executive, said. “The overall industry tax take is unsustainably high [...]
‘A breath of fresh air’ vs ‘more to do’: What City grandees have to say about Sunak April 17, 2023 As Labour leader Sir Keir Starmer doesn’t tire of reminding voters: expertise beyond politics can be invaluable. For the current resident behind that most famous front door, it’s so far proved an advantage. Liz Truss’ accountancy background may not have aided her short-lived leadership bout, but – for the City’s boardrooms at least – her [...]
Labour attack ad backfires to dent own reputation, polling finds April 17, 2023 Labour’s controversial attack ad, which claimed Prime Minister Rishi Sunak was failing to ensure child sexual abusers serve prison time, has damaged the party in the polls, it has emerged. The divisive online ad campaign also saw the party hit out at the Conservative’s record on the justice system and at Sunak’s wife Akshata Murty’s [...]
Top Tory donor says he won’t give Conservative party any more cash April 16, 2023 Top Tory donor and hotel mogul Sir Rocco Forte has said he won’t hand over any more cash to the Conservative Party. Speaking to GB News, the businessman, who founded the world famous Rocco Forte hotel chain, said the party no longer stands for anything he believes in and that he was “not a fan” [...]
Former COP26 president Alok Sharma denies bullying allegations April 16, 2023 Conservative MP and former COP26 president Sir Alok Sharma has been accused of “bullying” civil servants, according to a report. Sharma is said to have been “difficult, unpredictable and could quickly lose his temper”, according to allegations reported by Bloomberg. Four senior officials who worked with Sharma between 2020 and 2022 claimed the minister would [...]
Sunak insists he is ‘low-tax’ Tory – as UK set for record burden April 13, 2023 Prime Minister Rishi Sunak has insisted he is a “low-tax Conservative” despite the UK being on course for the highest burden of the post-war years. Sunak maintained he wanted “to make sure we can lower taxes over time” but said it was vital to “get inflation down and get borrowing under control” as a first [...]
Labour poll lead narrows as key local elections approach April 13, 2023 Labour’s poll lead has narrowed to just 14 points up on the Conservatives – with just three weeks to go until voters cast their ballots in local elections. Pollsters at think tank More in Common (MiC) found the Conservatives were on 30 per cent with Labour on 44 per cent, the narrowest lead recorded by [...]
Labour poll lead narrows to record low in ‘blue wall’ Tory seats April 12, 2023 The Labour Party’s poll lead in a key set of ‘blue wall’ seats in southern England has narrowed to a record low, new polling data has revealed. Sir Keir Starmer’s party is leading the Conservatives by just two per cent among affluent Tory shire constituencies – a joint record low and a six point drop [...]
Thornberry defends Labour attack ad on Sunak April 8, 2023 Labour frontbencher Emily Thornberry has defended a party attack ad claiming Rishi Sunak does not think child sex abusers should go to prison. The shadow attorney general acknowledged there has been a lot of criticism, including that the social media message is “racist”, but she said the critics are “wrong”. Figures on Labour’s left have [...]