Liz Truss refuses to rule out scrapping the bankers’ bonus cap September 20, 2022 Liz Truss has today warned that not all her policies will be “popular” as she refuses to rule out scrapping the bankers’ bonus cap. The Prime Minister told journalists in New York that “what is important to me, what is important to the chancellor, is that people have more opportunities, there is more investment, there [...]
Liz Truss sacks pensions minister Guy Opperman in reshuffle September 20, 2022 Guy Opperman has been sacked as pensions minister by Liz Truss as a part of her frontbench reshuffle. Opperman – who had been a minister in the Department for Work and Pensions (DWP) since 2017 – was sacked on the day of the Queen’s death, but the announcement was not made during the mourning period. [...]
Truss vows to maintain UK’s military aid for Ukraine in 2023 September 20, 2022 Liz Truss has vowed to maintain the UK’s military aid for Ukraine next year, after arriving in New York for the United Nations General Assembly. The Prime Minister will underline her commitment to Ukraine in her UN speech tomorrow and tell western leaders that “we must put an end to Putin’s economic blackmail by removing [...]
Liz Truss to jet off to New York for her first UN General Assembly September 19, 2022 Liz Truss will tonight fly to New York to attend her first United Nations General Assembly session as Prime Minister, just hours after attending the Queen’s committal service at Windsor Castle. Truss will hold a series of bilateral meetings with other world leaders at the diplomatic gathering, including with US President Joe Biden on Wednesday. [...]
Senior Australian broadcasters mistake Liz Truss for a ‘minor royal’ September 19, 2022 A pair of senior Australian broadcasters today mistook Liz Truss as a “minor royal” at the Queen’s funeral instead of the UK’s Prime Minister in an embarrassing gaffe. Peter Overton and Tracy Grimshaw, appearing on Channel 9’s broadcast of the state funeral, were unable to identify Truss as she walked into Westminster Abbey with her [...]
Queen’s funeral: Joe Biden and other leaders arrive at Westminster Abbey September 19, 2022 US President Joe Biden and First Lady Dr Jill Biden have arrived at Westminster Abbey to pay their final respects to Queen Elizabeth II. The US President arrived at the Abbey surrounded by a heavy police detail at just after 10am – an hour before the Queen’s began. The Bidens were greeted by the Very [...]
‘Blunt, unsociable and very smart’: Meet new City minister Andrew Griffith September 16, 2022 Andrew Griffith’s rapid ascent in the Tory party has spurred admiration and frustration among his fellow MPs. The new City minister was elected to parliament less than three years ago, but has now held ministerial positions in two major departments and as Number 10 policy chief under Boris Johnson. Griffith’s burgeoning political career is inexorably [...]
Pressure builds to scrap bankers’ bonus cap as BoE says it never backed policy September 15, 2022 Pressure is building on Kwasi Kwarteng tonight to scrap the cap on bankers’ bonuses, as the Bank of England said it never wanted the EU pay restriction. One minister also told City A.M. that scrapping the cap “makes it more attractive to be in London”, with the measure likely to get support among large sections [...]
Bank of England says it never wanted bankers’ bonus cap as Kwarteng looks to scrap payout limit September 15, 2022 The Bank of England has said it never supported the bankers’ bonus cap amid speculation that Kwasi Kwarteng wants to scrap the policy post-Brexit. A spokesperson for the Bank told Reuters today that there were better ways to ensure banks account for risks than the EU-enforced restriction, which critics have said hurts the City’s global [...]
Lindsay Hoyle calls for parliament’s party conference recess to be shortened September 15, 2022 Sir Lindsay Hoyle, the House of Commons Speaker, has said the upcoming parliamentary recess period for the party conference season should be cut short. Hoyle today said the recess, which is due to start at the end of next week and end on 17 October, “can well be cut short … that would be my [...]
