UK misses Diwali deadline for India free trade deal October 23, 2022 The UK has missed its deadline to sign a trade deal with India by Diwali, with no end in sight to negotiations between the two most powerful Commonwealth countries. The Department for International Trade said the UK and Indian governments have “closed a majority of chapters” of the deal, but that there will be no [...]
Rishi Sunak announces leadership bid as he vows to ‘lead with integrity’ October 23, 2022 Rishi Sunak has formally launched his bid to be Tory leader and Prime Minister, vowing to “lead with integrity” in a clear attack on Boris Johnson. Sunak, the bookmakers’ favourite to become next UK Prime Minister, said “I want to fix our economy, unite our party and deliver for our country” in the wake of [...]
Tory leadership: No deal struck between Johnson and Sunak in meeting October 23, 2022 Boris Johnson and Rishi Sunak have not agreed to a backroom deal to form a new government together, with the pair set to go head-to-head in the Tory leadership contest. It comes as Sunak officially launched his campaign this morning, tweeting that “there will be integrity, professionalism and accountability at every level of the government [...]
Boris Johnson expected to run in the Tory leadership contest October 20, 2022 Boris Johnson is expected to stand in the Tory leadership contest next week, with sources close to him saying he thinks it’s in the “national interest” for him to run. The Times is reporting that Johnson’s allies are taking soundings within the Tory parliamentary party and that he will likely put himself forward as a [...]
It’s done: Liz Truss resigns as UK Prime Minister October 20, 2022 Liz Truss has announced her resignation as UK Prime Minister and will become this country’s shortest-ever serving leader. It comes after a sensational collapse of confidence in her premiership from within the Tory party, after her mini-Budget tanked financial markets, she sacked two senior cabinet ministers and she U-turned on her entire economic platform. Truss [...]
BREAKING: Truss to make statement at 1.30 as Tory MPs call for her to go October 20, 2022 Liz Truss will make a statement at 1.30pm, with speculation raging that she could announce her resignation as Prime Minister. The statement comes after a morning of fevered speculation about her future, less than two months after entering Number 10. Sixteen Conservative MPs have now publicly called for the Prime Minister to resign with many [...]
Truss government in complete chaos as she vows to fight on October 19, 2022 After vowing she was a “fighter” today, Liz Truss’ premiership looked more unstable than ever following the resignation of a senior cabinet minister and chaotic scenes in parliament earlier tonight. Home secretary Suella Braverman was sacked earlier in the day for a security breach, sparking an attack from the right-winger on the embattled PM. Braverman, [...]
Government puts bank windfall tax on table to help plug fiscal hole October 19, 2022 The government has put a windfall tax on the UK’s largest banks on the table, sending their shares plummeting today. London-listed Lloyds Bank, which is Britain’s biggest mortgage lender, plunged to the bottom of the FTSE 100 index today, shedding 4.11 per cent. Previously state-owned NatWest trailed closely behind on the biggest losers’ table, dropping [...]
Suella Braverman sacked as home secretary over security breach October 19, 2022 Suella Braverman has become the second senior cabinet minister to be sacked from Liz Truss’ government in less than a week, with Grant Shapps appointed as her replacement. Braverman was asked to resign as home secretary this afternoon, first reported by The Guardian, after she sent an official Home Office document to a backbench MP [...]
Truss says she’s ‘committed’ to state pension triple lock October 19, 2022 Liz Truss has said she is “committed” to increasing the state pension by the rate of inflation, after Number 10 just yesterday refused to back the triple lock. Truss said during Prime Minister’s Questions (PMQs) that “I am completely committed to the triple lock and so is the chancellor”. Truss’ spokesperson and Jeremy Hunt both refused [...]
