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5059 Search results for Rishi Sunak

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  • Javid calls on cabinet ministers to quit as Gove tells PM it’s time to go

    July 6, 2022

    Sajid Javid has called on other cabinet ministers to leave Boris Johnson’s government and housing secretary Michael Gove has told the PM that it’s time to quit as his government collapses around him. In a blistering Commons speech, Javid said “treading the tight rope between loyalty and integrity has become impossible in recent months” and [...]

  • Pound still at lowest level since start of pandemic amid government chaos

    July 6, 2022

    The British pound is at its lowest level since the start of the Covid pandemic in March 2020 as the UK government faces a political crisis. The pound has slid 0.6% today to $1.1883 as a wave of ministers resigned from Boris Johnson’s government. Sterling initially dropped more than a cent to below $1.20 for [...]

  • Petrol prices drop slightly for first time since April, but motoring associations say it’s not enough

    July 6, 2022

    Petrol prices have slightly dropped for the first time since mid-April, according to reports from motoring association the AA.  Figures have shown that the average price of a litre of petrol at UK pumps went down by 0.3p between Sunday and Monday.  The price of petrol yesterday was around 191.3p, well below Sunday’s record price [...]

  • Zahawi to review planned Corporation Tax hike as PM clings on

    July 6, 2022

    New chancellor Nadhim Zahawi has vowed to review a planned increase in Corporation Tax for the UK’s largest companies as Boris Johnson tries to cling onto power. Zahawi told the BBC today that “nothing was off the table”, including a potential scrapping of a planned increase in Corporation Tax for the UK’s largest firms from [...]

  • Wounded Boris Johnson in fight of his life after shock resignations: Westminster numb as UK wakes up with new chancellor

    July 6, 2022

    After a night of high drama in Westminster, which saw a pair of Cabinet resignations and a series of Government exits threaten to force the Prime Minister from Number 10, Boris Johnson fights on this morning to save his premiership, or what is left of it. Rishi Sunak quit as chancellor on Tuesday, alongside Sajid [...]

  • Make-or-break day for Boris Johnson as Tory calls for PM to resign grow louder after Sunak and Javid flee cabinet

    July 6, 2022

    Prime Minister Boris Johnson wakes up to growing calls to resign after a wave of Government exits, including Cabinet resignations, are threatening to end his time in No 10. Rishi Sunak and Sajid Javid resigned immediately after the Prime Minister apologised for giving former deputy chief whip Chris Pincher a top job despite knowledge of [...]

  • ‘Game over, Boris’: Papers give merciless verdict after night of drama in Westminster with Sunak and Javid gone

    July 6, 2022

    “Game over”, declares the headline of The Times’ this morning, which adds it “is a mistake” for the Prime Minister to continue clinging to power because he “has lost the confidence of his party and the country”. It is one of the merciless headlines this a.m. as the national mastheads paint a grim picture for [...]

  • Majority of Tory voters think Boris Johnson should resign, YouGov poll finds

    July 6, 2022

    The majority of Conservative voters think prime minister Boris Johnson should resign, amid continued party turmoil and shock resignations last night. The number of Tory voters now disapproving of the current party leader has leaped 20 per cent since 9 June, according to the latest poll by YouGov. Rishi Sunak quit as chancellor on Tuesday, [...]

  • Solicitor General Alex Chalk follows Rishi Sunak and Sajid Javid and resigns as Tory MP cannot ‘defend the indefensible’

    July 6, 2022

    Cheltenham MP Alex Chalk has confirmed his resignation as Solicitor General. In a letter to Boris Johnson, Mr Chalk said it was “with great sadness” he was quitting the post but added he could not “defend the indefensible”. He wrote: “To be in government is to accept the duty to argue for difficult or even [...]

  • Nadhim Zahawi hastily confirmed as new Chancellor as Boris Johnson’s cabinet crumbles in front of nation’s eyes

    July 6, 2022

    Nadhim Zahawi is the new Chancellor, Downing Street has confirmed. He will move from the post of education secretary, to be replaced by Universities Minister Michelle Donelan. Boris Johnson has responded to Rishi Sunak’s departure as chancellor, saying he was “sorry” to have received Mr Sunak’s resignation letter and praising his “outstanding service”. In a [...]

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