Explainer-in-brief: A Tory leadership election, all over again October 24, 2022 It’s almost hard to believe it, but here we are again: today marks the beginning of another Tory leadership campaign. This one, however, has very different rules compared to what unfolded over summer.
Boris Johnson can win elections, but he never knew what to do once he did October 24, 2022 It also reduces politics to its bones as a mere transaction, with retaining office the only objective.
Ignore the soothsayers, the next election is still up for grabs if our economy settles October 24, 2022 Is there anything a new leader can do to turn around the Tories’ electoral chances?
Brits cutting spending sends profit warnings soaring October 24, 2022 Brits cutting spending in response to the cost of living crunch has driven a sharp uptick in the number of businesses warning profits will fall short of expectations, a new report out today shows. Some 86 listed companies issued a profit warning in the three months to September, up from 51 over the same period [...]
Strong and certain regulatory regimes are the backbone of investment in London October 24, 2022 If you have seen the movie “Wolf of Wall Street”, you will remember when the main character starts selling stocks in “Aerotyne International”: he claims it to be a cutting-edge high-tech firm, but in reality it is a workshop in a garden shed.
Renewable revenue cap risks supply security and higher energy bills October 24, 2022 A cap on low carbon generator revenues jeopardises supply security and condemns customers to high energy bills, warns Energy UK.
UK’s data watchdog warns against ‘complacency’ after fining Interserve £4.4m over cybersecurity breach October 24, 2022 The head of the UK’s data watchdog has vowed to fine firms falling short on cybersecurity after warning “complacency” within companies is the “biggest cyber risk businesses face”. The warnings come after the UK’s Information Commissioner’s Office (ICO) today fined British construction firm Interserve £4.4m over its failure to protect its employees’ data from cyberattacks. [...]
MPs call for crackdown on advisors enabling tax avoidance schemes October 24, 2022 A group of cross-party MPs have called on the UK government to begin cracking down on the accountants and financial advisors that facilitate tax avoidance schemes. In a new report, the all-party parliamentary group (APPG) on anti-corruption and responsible tax called for the UK’s tax system to be overhauled, to boost growth, increase tax revenues, [...]
To win over the bond market, it has to be Dishy Rishi October 23, 2022 Tim Martin is the CEO of JD Wetherspoon In selecting the next Prime Minister, MPs need to bear in mind that the terrible twins, the bond market and inflation, feeling increasingly disrespected by central bankers and politicians , are angry and emotional – and are watching their every move. The mere revelation on Friday that [...]
Boris Johnson quits leadership battle leaving path clear for favourite Sunak October 23, 2022 BORIS JOHNSON has sensationally ruled himself out of the running to become Conservative party leader, making Rishi Sunak the odds-on favourite to become the country’s next Prime Minister. Johnson claimed he had secured the backing of more than 100 MPs – the threshold needed to get on the ballot to become Liz Truss’ replacement – [...]
