Rishi Sunak pleads with Brits to ‘hold our nerve’ in face of sky high interest rates and inflation June 26, 2023 Prime Minister Rishi Sunak has urged the country to “hold our nerve” with sky high interest rates in order to beat down scorching inflation. Sunak today on BBC’s Sunday With Laura Kuenssberg programme gave his full backing the Bank of England’s latest interest rate rise as Tory backbenchers slammed Governor Andrew Bailey for being “asleep [...]
Rishi Sunak ‘in touch with allies’ about Wagner group rebellion in Russia June 24, 2023 Prime Minister Rishi Sunak said he is in touch with allies about the armed rebellion led by the Wagner mercenary group in Russia, which UK defence officials have described as “the most significant challenge” to the Kremlin in recent times. Russian President Vladimir Putin called the actions of the private military company a “betrayal”, after [...]
Rishi Sunak pays tribute to troops on Armed Forces Day June 24, 2023 Rishi Sunak has paid tribute to the “phenomenal precision and professionalism” of British troops as events are held across the UK to mark Armed Forces Day. Parades and flypasts will take place around the country to thank the military community, with Falmouth playing host to this year’s national event with a 1,000-strong tri-service parade of [...]
Sunak’s five pledges laid to waste as most Brits say he’s doing a ‘bad job’ – especially on inflation June 23, 2023 Rishi Sunak asked Brits to ‘judge me on my record”, and it seems that’s exactly what people have done, as three quarters think the prime minister is “doing badly” at cutting inflation. A fresh poll by YouGov laid bare the lack of confidence in the PM this morning, after the group surveyed the public on [...]
Chancellor Jeremy Hunt to meet lenders as mortgage crisis worsens June 23, 2023 Chancellor Jeremy Hunt will ask banks if they can do more to support struggling households after a shock interest rate hike deepened the mortgage crisis. He is meeting large lenders including HSBC and Santander in Downing Street this morning as the government comes under pressure to relieve the pain. Prime minister Rishi Sunak and Hunt [...]
Labour’s plan to force banks to help on mortgages branded ‘risky’ and ‘counterproductive’ June 22, 2023 Labour’s plans to force banks to help struggling borrowers with their mortgages have been slammed as “risky” and “counterproductive”. The party says lenders should be compelled to help mortgage holders struggling with payments in a bid to avert a looming mortgage crisis as interest rates are expected to keep rising to bring inflation down. Shadow [...]
Rishi Sunak: City of London will be ‘engine room’ of UK investment in rebuilding Ukraine June 21, 2023 Ukraine is set to receive £3bn in World Bank loan guarantees as Prime Minister Rishi Sunak confirmed the UK would continue to support the nation for “as long as it takes” in the fight against Russia. Sunak will also announce a major financial support package for the eastern European country as it mounts its long-awaited [...]
Mel Stride urges Johnson and cabinet to ‘row together’ and end hostilities after vote June 20, 2023 Work and Pensions Secretary Mel Stride expressed hope that Boris Johnson and the Cabinet can now “row together” and end the hostilities. Mr Stride told Times Radio he backed the Privileges Committee’s findings that the former prime minister lied to MPs but said he felt “quite uneasy” with the 90-day suspension recommended so decided to [...]
MPs vote to sanction Boris Johnson after ‘damning’ privileges committee report June 19, 2023 Boris Johnson will no longer have a pass to Parliament after MPs voted to back sanctions against him in the apparent final chapter of his parliamentary career. Watched over by Sir Ian McKellen, MPs debated the privileges committee report which ruled the former prime minister had “deliberately misled” and committed “serious contempt”. It followed an [...]
Rishi Sunak rules out help for homeowners as mortgage rates top six per cent June 19, 2023 Prime Minister Rishi Sunak today ruled out helping struggling mortgage holders despite rates breaching the six per cent mark for the first time since December. Amid surging mortgage rates, the Prime Minister said the government needed to “stick to the plan” to halve inflation rather than offer support to mortgage holders. Speaking on ITV’s Good [...]