Musk offloads another $1.05bn crossing the halfway mark November 24, 2021 Tesla’s chief executive Elon Musk has sold another 934,091 shares for $1.05bn, crossing the halfway point in his plan to offload 10 per cent of his stake in the company US securities filings from late last night showed that Musk carried out the sale after exercising options to buy 2.15 million shares. Since 6 November [...]
Ex-PM David Cameron lobbied Tory associate at Lloyds to salvage Greensill pharmacy deal November 23, 2021 Former Prime Minister David Cameron lobbied Lloyds bank to change a decision to slash ties with ailing Greensill Capital, it has been reported. Cameron reached out to a board member whom he had ennobled during his Downing Street stint, the Financial Times reported on Tuesday. The newspaper cited “people familiar with the matter” as saying [...]
Not many visitors recognised PM: Watch Boris Johnson having a ball at Peppa Pig World November 23, 2021 Speaking at the Confederation of British Industry (CBI) conference yesterday, Prime Minister Boris Johnson said cartoon character Peppa Pig is “pure genius”, despite resembling a “Picasso-like hairdryer”, and described the theme park created for children as “very much my kind of place”. The PM’s comments followed a visit to the park a day earlier, even [...]
Boris Johnson brushes looming MP rebellion over social care under the carpet November 23, 2021 Boris Johnson has narrowly managed to push through controversial plans to cut down social care support for poorer households, despite 19 Conservative MPs rebelling against the policy. The government’s plans were only just won, by 272 votes to 246 despite the government having an 80-strong majority in the Commons. The removal of means-tested support from [...]
Caroline Nokes: They ‘trawled through’ my sex life after I said Boris Johnson’s father Stanley touched me inappropriately November 22, 2021 After accusing the Prime Minister’s father of inappropriately touching her, a senior female MP has revealed that journalists scoured through her past sex life to “find some sort of defence.” Caroline Nokes, the Conservative MP for Romsey and Southampton North and chairwoman of the Commons Women and Equalities Committee, accused Stanley Johnson of forcefully smacking [...]
Nigel Farage joins celeb message service backed by Kerry Katona and used by Katie Price November 21, 2021 Nigel Farage, the former UKIP and Brexit leader, has signed up with the UK’s answer to Cameo as the celebrity messaging market heats up. Thrillz allows users to book personalised video messages and live experiences with their favourite public figures, with US-based Cameo the market leasder. Farage, who Thrillz say was the most popular UK [...]
Former Chancellor predicts PM will U-turn on HS2 cuts November 21, 2021 Former Chancellor George Osborne has predicted Prime Minister Boris Johnson will make a U-turn on the government’s decision to cut HS2’s eastern leg. Talking to the Financial Times’ Payne’s Politics podcast, Osborne – who was Chancellor from 2010 to 2015 during David Cameron’s government – labelled the decision to scale back on HS2 as “pretty [...]
Boris Johnson rules out £20bn bridge between Scotland and Northern Ireland November 21, 2021 Prime Minister Boris Johnson has abandoned plans for a bridge or tunnel that would have connected Northern Ireland and Scotland. Johnson, a lover of grand infrastructure projects, heavily downplayed the prospects that the concept would ever get off the ground, downgrading it to merely an “ambition” that was “too expensive.” Johnson faced some derision after [...]
British Business Bank’s oversight of Greensill was ‘woefully inadequate’ with £335m of taxpayers’ money at risk November 20, 2021 A new report has warned that up to £335m of taxpayers’ money is at risk due to failures by the British Business Bank to properly scrutinise bust lender Greensill Capital. The Public Accounts Committee of MPs found that the bank, which oversaw the billions lent to businesses during the pandemic in loans backed by the [...]
Founder of tech firm where David Cameron chaired advisory board steps down after sexual assault claims November 19, 2021 The founder of a tech group at which former prime minister David Cameron was an adviser has stepped down amid allegations of sexual harassment. Zia Chishti, who founded Afiniti, was accused this week of pressuring a former employee into having sex with him on a business trip, when it was also alleged he beat her. [...]