Exclusive: Nearly a quarter don’t think their employer can survive a recession July 12, 2022 Nearly a quarter of people polled recently don’t think their employer will survive an anticipated recession. The figures, exclusively shared by MHR with City A.M., highlighted that 78 per cent of 1,840 people surveyed think there will be a recession, and 23 per cent don’t think their employer will survive. With inflation above nine per [...]
Labour to table vote of no confidence as Tory leadership election deadline nears end July 12, 2022 Labour is going to table a vote of no confidence in the government today, as the Conservative leadership election heats up. Keir Starmer will put forward a motion in Parliament to try and force prime minister Boris Johnson out of office before the contest ends. The prime minister, who resigned last week following a series [...]
Former F1 boss Bernie Ecclestone charged with fraud by the CPS over failure to declare £400m assets July 11, 2022 Former F1 racing boss Bernie Ecclestone has been charged with fraud by the Crown Prosecution service over £400m of assets he failed to declare. The 91-year-old businessman was accused of the crime by false representation, with the CPS saying it authorised the charge after reviewing evidence from HMRC. It was made “in respect of his [...]
£134bn: Biggest rise in tax receipts since 2000 gives chancellor room to make cuts July 11, 2022 The new chancellor of the exchequer may have leeway for tax cuts, after a £134bn spike in so-called ‘stealth ‘ taxes. There was the biggest increase in receipts since the turn of the century over the last 12 months, up to £718bn, representing a 23 per cent increase on the previous year. The rise from [...]
Nadhim Zahawi: ‘I don’t know how rich I am’ July 11, 2022 Tory leadership hopeful Nadhim Zahawi was unable to say how rich he is, but insisted he and his family have never used offshore firms to avoid tax. The Iraqi-born politician who is one of 11 candidates in the race made his comments during an interview with Sky News, as he committed to publish his tax [...]
Met Police names Commissioner to replace Dame Cressida Dick while force is in special measures July 8, 2022 Former counter-terrorism chief Sir Mark Rowley has been appointed as the new Metropolitan Police Chief. The move comes after the resignation of former top officer Dame Cressida Dick, and the force being put into special measures over its failings. The Met was in particular criticised over the death of Sarah Everard, who was kidnapped raped [...]
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 [...]
Keir Starmer and Angela Rayner will not be fined over ‘beergate’ gathering July 8, 2022 Labour leader Sir Keir Starmer and deputy Angela Rayner will not be fined by Durham police, the force has announced in a statement. Durham Constabulary said it had concluded its investigation into the so-called ‘beergate’ incident, at which Starmer, deputy leader Angela Rayner and up to 30 staffers were accused of having an illegal gathering [...]
‘Pump-price competition is broken’: AA disagrees with watchdog’s verdict that 5p tax duty cut WAS passed on at the pump July 8, 2022 Motoring groups have disagreed with Competition and Markets Authority’s verdict that the 5p fuel duty cut was reflected in pump prices, as the watchdog calls for further investigation and more transparency. The CMA’s urgent review, ordered by Business Secretary Kwasi Kwarteng, found an increase “refining spread” added 24p a litre to petrol and diesel over [...]
Boris Johnson pays tribute to former Japanese Prime Minister Shinzo Abe who has been shot dead July 8, 2022 Boris Johnson has paid tribute to former Japanese prime minister Shinzo Abe who has died after being shot at a campaign event. The former leader in Tokyo was shot while giving an election campaign speech in Nara, western Japan, on Friday. Local reports said he didn’t recover from being a “severe” condition as he was [...]