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By: Stefan Boscia

Stefan Boscia is City A.M.'s political correspondent.

All 3064 Articles
  • Tory leadership race: UK retail titan Lord Stuart Rose backs Rishi Sunak

    July 14, 2022

    The Conservative party should choose Rishi Sunak as its next leader as he has a “big brain” and understands “the need for us to get our economy back on track”, according to Asda chair Lord Stuart Rose. Rose – who was previously chief executive at Argos, Marks & Spencer and the Arcadia Group – said [...]

  • Tory leadership contest: Mordaunt faces rival attacks as Truss battles to keep pace

    July 14, 2022

    New Tory leadership favourite Penny Mordaunt has faced increased attacks by opposition camps this morning as foreign secretary Liz Truss battles to keep pace in the contest. Former senior minister Lord David Frost this morning said Mordaunt was not up to the job of Prime Minister, while also revealing that he asked Boris Johnson last [...]

  • Boris Johnson’s business adviser to take lobbying job at Teneo

    July 13, 2022

    Boris Johnson’s business adviser has accepted a job at lobbying giant Teneo, less than a week after the Prime Minister announced he would resign. Alex Hickman will lead the multinational firm’s UK government affairs team, according to Sky News, and he will advise major corporate clients on the latest policy developments in Westminster. However, current [...]

  • Tory leadership: Zahawi and Hunt knocked out after first vote

    July 13, 2022

    Nadhim Zahawi and Jeremy Hunt have been knocked out of the Tory party leadership race in the first round, with Rishi Sunak attracting the most votes from his fellow Conservative MPs. Sunak got 88 votes, with Penny Mordaunt second on 67, Liz Truss in third on 50 and Kemi Badenoch fourth on 40. Zahawi and [...]

  • Exclusive: Labour eyes up reform to ‘prescriptive’ EU finance rules

    July 13, 2022

    Shadow city minister Tulip Siddiq said she would look to overhaul “prescriptive” EU-era regulation in financial services today as the Labour party mounts an offensive to try and win over the City.

  • Labour ramps up Sunak attacks as Johnson says he leaves ‘with head held high’

    July 13, 2022

    Labour has ramped up its attacks on Tory leadership frontrunner Rishi Sunak at Prime Minister’s Questions (PMQs) as Boris Johnson declared he would leave Number 10 “with my head held high”. Labour leader Sir Keir Starmer called for the end of non-domiciled tax status – in a likely dig at Sunak’s wife who was a [...]

  • Tory leadership: Mordaunt claims she is candidate ‘Labour fears most’

    July 13, 2022

    Penny Mordaunt has said she is the Tory leadership candidate that “Labour fears most” as she prepares to face off in the first round of MP votes today. The trade minister said in her official campaign launch today that she gives the Conservative party the “best shot” at winning the next election, while also vowing [...]

  • Tory leadership race: Javid drops out as eight candidates announced for first ballot

    July 12, 2022

    Sajid Javid has tonight dropped out of the Conservative party leadership race as the eight contenders for tomorrow’s first vote are announced. Javid struggled to get the endorsements of the 20 MPs necessary to get on the ballot, with the former health secretary saying he now wanted to see the “debate unfold and to see [...]

  • Rees-Mogg: Treasury ‘hasn’t been serious’ about Covid fraud

    July 12, 2022

    Brexit minister Jacob Rees-Mogg has today said the Treasury “hasn’t been serious” about Covid fraud amid recent figures showing that more than £10bn was lost to scammers. In a further attack on Tory leadership frontrunner Rishi Sunak, Rees-Mogg said on his podcast that the ex-chancellor’s economic policies and “the approach of the Treasury as an [...]

  • Tory leadership: Priti Patel will not stand in contest

    July 12, 2022

    Home secretary Priti Patel has decided not to run for leadership of the Tory party, leaving Liz Truss as the likely standard bearer for the right of the party. Patel said in a statement today that she was “grateful for the encouragement and support” of her fellow Tory MPs, but that “I will not be [...]

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