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Rishi Sunak

  • Downing Street rushes to stress relation between PM and Chancellor is ‘good’ while Boris Johnson turns to Lion King after staff exodus

    February 4, 2022

    Downing Street insisted this afternoon that relations between Boris Johnson and Chancellor Rishi Sunak are “good”. The Prime Minister’s official spokesman said: “I don’t know when they last spoke, they speak almost daily, but I don’t know the exact last time.” Asked how relations are between No 10 and No 11, he said: “Good – [...]

  • Chancellor Rishi Sunak no longer rules out Tory leadership bid if Boris Johnson is forced out

    February 3, 2022

    Chancellor Rishi Sunak refused to rule out a leadership bid if Boris Johnson is forced out as he acknowledged the Government needed to rebuild trust after the “partygate” disclosures. Despite deepening disquiet in the Tory ranks, Sunak insisted the prospect of a leadership contest remained a “hypothetical situation” and that the Prime Minister had his [...]

  • Rishi Sunak urged to allow National Crime Agency to probe ‘astronomical levels’ of Covid loan fraud

    February 1, 2022

    Chancellor Rishi Sunak should allow the National Crime Agency (NCA) to investigate “astronomical levels of fraud” that was allegedly committed during the coronavirus pandemic, according to the Labour party. The party will use an opposition day debate in the Commons later today to attempt to get Government backing for an investigation after it was revealed [...]

  • One in three nightclubs fear imminent closure without government aid as sector faces Omicron ‘death sentence’

    December 20, 2021

    One third of nightlife businesses are afraid they will close within a month, without urgent government support, as ministers mull further measures this week. One fifth of firms fear they could lose their entire workforce without more financial aid, according to a survey of more than 500 venues by the Night Time Industries Association (NTIA). [...]

  • Ryanair mocks absent Chancellor with ‘come back to help out’ tweet

    December 16, 2021

    The Chancellor of the Exchequer faced criticism from Ryanair this afternoon, as the budget airline urged him to return to the UK and help out ailing businesses. Hospitality and tourism firms have been calling on Sunak to bring back pandemic support measures, as they face waves of cancellations amid a surge of Omicron cases before [...]

  • Rishi Sunak thrown into parties scandal after Treasury held lockdown gathering

    December 11, 2021

    The Chancellor has come under scrutiny after details have emerged of his an office drinks party held by his department during lockdown last year.  Around two dozen civil servants attended the Treasury party, held in celebration of Rishi Sunak’s spending review, according to The Times, which first reported the news.  The event took place on [...]

  • Budget ‘missed opportunity’ to use tax to get UK to net zero target, says City law firm

    October 28, 2021

    The Budget has missed the opportunity to incentivise taxpayers to help achieve net zero, according to one of the main City law firms. Whilst the Chancellor has announced tax changes to encourage businesses to invest in green technology, the Chancellor also rolled out a cut in fuel duty and air passenger duty, potentially denting the [...]

  • Budget: Sunak defends decision not to cut VAT on household energy bills

    October 28, 2021

    Chancellor Rishi Sunak this morning defended the government’s decision not to cut VAT on home energy bills to counter rising energy prices. Asked on BBC Breakfast why he did not make such a move, the Chancellor said: “Because as many independent experts and think tanks have pointed out, it is not a particularly well-targeted measure [...]

  • Rishi Sunak: I won’t apologise for cutting alcohol duty on champagne in prosecco in Budget

    October 28, 2021

    Rishi Sunak said this morning he will not apologise for cutting alcohol duty on Champagne, prosecco and other sparkling wine in the Budget. Speaking to Sky News, Rishi Sunak said: “I’m not going to make any apologies for that. We have an irrational system at the moment of how we tax alcohol. “The new system [...]

  • Budget: Rishi Sunak refuses to commit to tax cuts before next general election

    October 28, 2021

    Chancellor Rishi Sunak this morning refused to commit to cutting taxes before the next general election. Asked on Sky News whether he would slash taxes before the next Westminster polling day, which is expected to be held by 2024, Mr Sunak said: “We started cutting taxes yesterday, our priority being those on the lowest incomes. [...]

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