First Tory MP calls for Johnson to quit after receiving Covid fine April 13, 2022 The first Conservative MP has called for Boris Johnson to resign after he received a fine from the Metropolitan Police for breaking his own Covid restrictions. Amber Valley MP Nigel Mills today said Johnson’s position is no longer tenable and that “I don’t think a Prime Minister can survive or should survive breaking the rules [...]
Rishi Sunak considered resigning over partygate fine – but settled for an ‘unreserved apology’ April 13, 2022 Embattled chancellor Rishi Sunak considered resigning over partygate but settled for an apology instead. The second in command to Boris Johnson was issued with a fixed penalty notice over lockdown breaches this week, plunging his political ambitions into chaos. It is understood, according to The Times, he discussed his political future with his inner circle [...]
Rishi Sunak’s weak stomach for a scandal could spell the end for Johnson April 13, 2022 When Boris Johnson catapulted a young upstart from Treasury minister to Chancellor of the Exchequer, he likely envisaged Rishi Sunak would be pliable and amenable to his insatiable desire for spending rather than the thin-skinned thorn in his side.
Johnson says sorry for breaking his own Covid rules as he vows to stay as PM April 12, 2022 Boris Johnson has apologised for breaking his government’s Covid rules to attend his own work birthday party in 2020 and has vowed to stay on as Prime Minister. The PM, chancellor Rishi Sunak and Carrie Johnson were all handed Fixed Penalty Notices by the Metropolitan Police today for a lockdown-busting work birthday party in Downing [...]
Tories in turmoil as Johnson and Sunak fined by Met police for lockdown-busting parties April 12, 2022 Boris Johnson and Rishi Sunak have been given police fines for attending Covid lockdown-busting parties, with pressure set to come on the Prime Minister and chancellor to resign immediately for breaking the law. Downing Street has confirmed the pair, along with Carrie Johnson, will be given Fixed Penalty Notices (FPN) by the Metropolitan Police as [...]
Partygate fines: Bookies slash odds for Boris Johnson to go as PM, Rishi Sunak to succeed him April 12, 2022 Bookies have cut odds for Boris Johnson to leave Number 10 and Rishi Sunak’s bid to succeed him, after they were both fined over partygate. The Prime Minister and Chancellor have come under renewed pressure today after the Metropolitan Police announced duo were issued with fixed penalty notices for lockdown breaches. Betting giant Ladbrokes slashed [...]
Cost of living grip tightens as wages trail rampant inflation April 12, 2022 The cost of living crunch is tightening its grip on Britons’ living standards in a further sign that the UK economy is hurtling towards a period of slow growth. Fresh figures published by the Office for National Statistics (ONS) today reveal pay is lagging far behind inflation, meaning households are unable to buy the same [...]
The City View: Sluggish UK economic growth, and Heathrow flying high April 11, 2022 Today Andy Silvester talks to City A.M.’s Economics and Markets reporter Jack Barnett. They go through lacklustre UK economic growth figures and why the cost-of-living crisis will hinder said growth; the latest inflation figures; the global economic recovery; and economic uncertainty to come. Andy also goes through the news: Heathrow has marked its highest number [...]
Tory backbencher calls on government to close ‘loopholes’ letting London firms work for the Kremlin April 11, 2022 Tory backbencher Kevin Hollinrake has called on the government to close the “loopholes” that have allowed UK professional services firms to continue carrying out bankruptcy proceedings on behalf of the Russian state. In a letter to Rishi Sunak, the Conservative party MP accused accountancy giant Grant Thornton, litigation funder Harbour, and London law firm CMS [...]
State pension hike comes into force but savers set to feel the squeeze of inflation April 11, 2022 State pension payments have been hiked 3.1 per cent from today but savers are set to feel the squeeze as inflation outpaces the rise in payouts.