Sharp under pressure to quit BBC after report finds ‘significant errors’ over Johnson loan February 12, 2023 BBC chairman Richard Sharp has been told that his position is “increasingly untenable” today after a report found that “significant errors of judgement” were made in helping to arrange an £800,000 loan guarantee for Boris Johnson while Sharp was applying for the top job at the BBC. Ex-JP Morgan and Goldman Sachs banker Sharp, who [...]
Best and brightest: Could international students be set for exemption from migration targets? February 11, 2023 The Education Secretary may challenge the Home Office’s plan to cut migration, arguing that the financial boost from international students to British universities was “hugely valuable”. Gillian Keegan said she is wanting to expand education export revenues from about £26bn to £35bn by 2030. Speaking with the Financial Times, Ms Keegan said the university sector [...]
UK lost out on £320m AstraZeneca factory: Hunt ‘disappointed’ after drug giant choses low-tax Ireland instead February 10, 2023 Chancellor Jeremy Hunt said he was disappointed the UK “lost out this time” on a £320 million new AstraZeneca factory after the drugs giant chose the low-tax Republic of Ireland instead. The group had wanted to build a plant near its existing sites close to Macclesfield, Cheshire, but the “discouraging” tax rate had prompted a [...]
Brexit and Boris supporter Nadine Dorries will quit as an MP at next election February 10, 2023 Former culture secretary Nadine Dorries has announced she is standing down as an MP at the next general election. Ms Dorries, who represents Mid Bedfordshire and has been an MP since 2005, hit out at her party’s decision to remove Boris Johnson as Prime Minister as she used her new TalkTV show to confirm her [...]
London is going to host the Largest Crypto & Blockchain Conference February 10, 2023 After 4-years of its successful events chain despite the bear market, the Blockchain Economy Summit’s 6th edition is scheduled for February 27-28, to be held in London, UK. This Major crypto event in the UK will host more than 3,000 attendees from 65 countries. As one of the main financial centers of the world, London [...]
Labour wins by-election as victor Ashley Dalton calls for Sunak to ‘move out of the way’ February 10, 2023 Labour’s Ashley Dalton told the Conservatives “move out of the way” after a comfortable win in the West Lancashire by-election. She demanded a general election, telling Prime Minister Rishi Sunak that it was time for Labour to take over. Bitterly cold conditions on polling day and the expectation of an easy Labour hold contributed to [...]
If Rishi Sunak wants growth, he needs a trade deal with India February 10, 2023 After doing so much to stabilise the UK economy at the end of last year, the Prime Minister has started to shift gears towards a sustainable path to economic growth. Both Sunak and his chancellor Jeremy Hunt have made our future growth a cornerstone of recent speeches. There is much to applaud in this pivot, [...]
In the scramble for chips, Britain needs to come out on top February 10, 2023 Rishi Sunak wants to put science at the heart of his government, but as the US and the EU scramble to stay on top of the semiconductor supply chain crisis, the UK has a hefty hill to climb, writes Gerard B. Lyons.
CBI: Jeremy Hunt and Rishi Sunak must use budget to prevent recession and bolster UK economy February 9, 2023 Jeremy Hunt and Rishi Sunak need to use the spring budget to stimulate growth to prevent the UK tipping into a recession this year, the country’s biggest business group has urged today. The chancellor and prime minister should at the 15 March statement soothe the impact of a sharp rise in the UK’s profit tax [...]
Ignore the re-heated Thatcherism but listen to Truss: we need a growth plan February 9, 2023 Liz Truss has played a blame-game for her failures. But her diagnosis was right - Britain is failing to touch the sides of America's plan for growth. On this front, at least, Rishi Sunak needs to listen, writes Josh Williams.