Starmer vows there will be ‘no magic money tree economics’ with Labour July 25, 2022 Sir Keir Starmer has promised there will be “no magic money tree economics” with a Labour government as he vows to deliver “sound finances”. Starmer said in a setpiece speech in Liverpool that he would not be bound to the “nostalgic” thinking that government should direct business activity and that “modern industrial strategy is not [...]
Sunak calls China ‘number one threat’ as Truss doubts his hawk credentials July 24, 2022 Rishi Sunak has today claimed China is the “largest threat to Britain and the world’s security” in a bid to polish his foreign policy credentials. The Tory leadership candidate said “enough is enough” of Beijing’s efforts to undermine democracy and steal overseas intellectual property, adding “I will stop China taking over our universities, and get [...]
Holidaymakers face another day of gridlock at Dover Eurotunnel July 24, 2022 British holidaymakers trying to drive to France are facing another day of gridlock in the lead up to the Dover Eurotunnel amid warnings that this could be the new normal. Drivers have been forced to wait hours in queue again, with traffic snaking back to the M20 in Folkestone, Kent. The UK government is blaming [...]
Rail union boss Mick Lynch warns strikes could ‘last for months’ July 24, 2022 Crippling strikes are likely to last for months longer if rail companies do not make improved pay offers for its workers, rail union boss Mick Lynch has said. Lynch, secretary-general of the National Union of Rail, Maritime and Transport Workers (RMT), today also warned there likely would be a “rolling campaign of trade union activity” [...]
HS2 is a ‘killer whale’ for next PM, says cabinet minister July 24, 2022 The HS2 rail project will be a “killer whale” for the next UK Prime Minister and “could “rip the arm” off their administration, according to Cabinet Office minister Kit Malthouse. Malthouse urged Rishi Sunak and Liz Truss to ensure “we’ve got the risk assessed properly” on the near £100bn high speed rail line that will [...]
Tory leadership: Truss set to attack Sunak as soft on China July 24, 2022 Liz Truss’ campaign team is reportedly set to paint Rishi Sunak as soft on China and national security as she tries to win over Tory members. Truss, who is foreign secretary, has framed herself as a foreign policy hawk in the early parts of the campaign and talked up her efforts in helping place sanctions [...]
Sunak and Truss try to outdo each other on refugee policy July 24, 2022 Rishi Sunak and Liz Truss vied with each other last night to be tougher on immigration policy in a bid to win over the right of the Tory party in the leadership race. Sunak vowed in The Sunday Telegraph to introduce a cap on the amount of refugees the UK takes in every year that [...]
HSBC sets up Communist Party cadre in China business July 21, 2022 Britain’s biggest lender and Asia-focused HSBC has set up a Chinese Communist Party (CCP) cadre in its China investment bank. The bank has become the first outside China to install a CCP committee, according to reports today in the Financial Times. Chinese law enforces domestic finance firms to have party officials in positions of authority. The [...]
Tory leadership race: New poll gives Truss big lead over Sunak July 21, 2022 Rishi Sunak and Liz Truss duelled over their tax plans today as a new poll gave the foreign secretary a commanding lead in the Tory leadership race. A YouGov poll of Tory members put Truss on 62 per cent and Sunak on 38 per cent on the first day of a six-week campaign to become [...]
Exclusive: Mordaunt accused of misleading parliament over committee record July 21, 2022 Defeated Tory leadership candidate Penny Mordaunt has been accused of misleading the House of Commons over her record as a trade minister, City A.M. can reveal. Mordaunt today said she had never turned down an appearance request at Westminster’s International Trade Committee in an apparent jab at trade secretary Anne-Marie Trevelyan, who has turned down [...]