Boris Johnson: What is a Tory no confidence vote, how does it work and why is it happening? June 6, 2022 Boris Johnson will face a vote of no confidence in his leadership of the Conservative party at 6pm today, after 54 or more MPs declared they no longer had confidence in the Prime Minister. City A.M. takes a look at what the vote is, why it was triggered and what might happen next. What is [...]
Partygate: Minister says people want ‘professionalism and competence’ from government May 31, 2022 Brits need to see the government display “professionalism and competence” in the wake of the partygate scandal, trade minister Penny Mordaunt has told City A.M. Mordaunt, who was touted in January as a potential future Tory leader, said “the really essential issue [about the Gray report] is about our ability to restore trust” and to [...]
UK unveils long-awaited corporate reporting and audit reforms May 31, 2022 The UK has unveiled its long-awaited audit regime overhaul, with the government announcing a new regulator to ensure oversight of the largest private companies. The Financial Reporting Council will be replaced by the new Audit, Reporting and Governance Authority (ARGA), funded by a new levy on industry, which will have oversight of unlisted companies with [...]
Johnson and Sunak to give joint speech on post-Brexit insurance reforms May 31, 2022 Boris Johnson and Rishi Sunak are preparing to give a joint speech on planned post-Brexit reforms to the EU’s Solvency II insurance regulations. The speech will be concentrated around the UK’s opportunities post-Brexit and will come after the government’s plan to scrap a series of EU regulations on the City was announced in the Queen’s [...]
Government dinner: Capital’s leaders call for end of “anti-London” rhetoric in keynote speeches May 31, 2022 London’s most high-profile leaders last night called for a reset of relations with central government in speeches at the Mansion House. The City’s elected chief – the Lord Mayor of London Vincent Keavney – told business and political leaders at the London Government Dinner that the words “metropolitan” and “London” have been used “as though [...]
Mordaunt: State-level US deals have unlocked talks for federal trade deal with Biden May 30, 2022 The UK’s ambition to sign more than a dozen trade and business agreements with individual US states has helped unlock talks with the White House for a post-Brexit trade deal, trade minister Penny Mordaunt has said. Mordaunt, who is deputy to international trade secretary Anne-Marie Trevelyan, told City A.M. in a wide-ranging interview that she [...]
Former Tory attorney general calls for Johnson to resign over Gray report May 30, 2022 A former Conservative attorney-general has called for Boris Johnson to resign over the findings of Sue Gray’s report into the partygate scandal. The Kenilworth and Southam MP, who served as the government’s chief legal adviser under David Cameron and Theresa May, today said Downing Street’s pattern of brazen Covid rule breaking has “done real and [...]
City Lord Mayor says ‘the word London shouldn’t be an insult’ May 30, 2022 The words “metropolitan and London” should not be used as an insult and the capital needs to share in the government’s levelling up programme, according to London Lord Mayor Vincent Keaveny. Keaveny will tonight tell the annual London government dinner at Mansion House that “London is one of the UK’s strongest assets – anything which [...]
Thirty-four Tory MPs have now questioned Boris Johnson’s position May 29, 2022 Thirty-four Conservative MPs have now questioned Boris Johnson’s leadership as the fallout from partygate continues for the Prime Minister. Twenty-four MPs have publicly said Johnson should leave Number 10, which is an increase of nine since the full Sue Gray report into the parties scandal was released on Wednesday. A Conservative party leadership challenge will [...]
Police chiefs row over top National Crime Agency job May 29, 2022 Two senior police chiefs are embroiled in a public row over who is chosen to be the next head of the National Crime Agency (NCA) amid claims Boris Johnson is trying to handpick his own candidate. Neil Basu, an assistant commissioner at the Metropolitan Police, has demanded an answer from the Home Office on why [...]
