Sunak piles pressure on private sector to invest in war-torn Ukraine economy June 19, 2023 The Prime Minister Rishi Sunak is set to pile pressure on UK firms to invest in the Ukrainian war effort this week as Kyiv mounts its own charm offensive on the private sector globally.
Rishi Sunak rules out help for homeowners as mortgage rates top six per cent June 19, 2023 Prime Minister Rishi Sunak today ruled out helping struggling mortgage holders despite rates breaching the six per cent mark for the first time since December. Amid surging mortgage rates, the Prime Minister said the government needed to “stick to the plan” to halve inflation rather than offer support to mortgage holders. Speaking on ITV’s Good [...]
Sunak keeping quiet on Boris partygate report as he ‘would not want to influence anyone’ before crunch vote June 19, 2023 Rishi Sunak has refused to say whether he will approve the report that found Boris Johnson lied over partygate, saying he “would not want to influence anyone in advance of that vote”. Speaking to Good Morning Britain on ITV, the Prime Minister said: “This committee was established under the former Prime Minister. It commanded the [...]
There’s no time for us to dither on creating sensible rules for artificial intelligence tech June 19, 2023 From artificial intelligence to fintech, we must go further. Competition is fierce, so we need flexible but strong rules to ensure innovative companies can prosper in the UK in both fields, writes Nicholas Lyons
Banks tell Sunak that big tech firms need to do more to tackle fraud June 18, 2023 A group of the UK’s largest banks have told Prime Minister Rishi Sunak that big tech firms should help contribute to the reimbursement of fraud victims. According to Sky News, the banks said the rising tide of fraud in the UK is having a “material impact on how attractive the wider UK financial sector is [...]
UK businesses face regulatory minefield as EU votes in new Artificial Intelligence Act June 18, 2023 UK businesses must brace themselves to adhere to new EU artificial intelligence (AI) standards if they plan to trade in the bloc, lawyers and industry experts have said. It comes as members of the European Parliament voted overwhelmingly last week to adopt the Artificial Intelligence Act, which aims to encourage “human-centric and trustworthy” AI. Tamara [...]
Scrapping ban on two-for-one junk food deals would be ‘unforgivable’ despite cost of living crisis June 17, 2023 Scrapping a planned anti-obesity policy banning two-for-one junk food deals would be “unforgivable”, health campaigners have warned, after the Government delayed the measure beyond the next election. TV doctor Chris van Tulleken branded suggestions the “light-touch” regulation would restrict consumer choice “ludicrous” following No 10’s announcement it had been shelved amid concerns about the cost-of-living [...]
King Charles takes part in first Trooping the Colour ceremony as monarch June 17, 2023 The King has received the official birthday wishes of the nation during his first Trooping the Colour ceremony as monarch. Pomp and pageantry were on display during the military spectacle where the most prestigious regiments in the British Army honoured their Colonel in Chief by parading to mark his anniversary. Charles had deputised for Queen [...]
A day after report found Boris Johnson lied to Parliament he joins the Daily Mail as a columnist… but ‘did not inform watchdog’ June 16, 2023 Boris Johnson has confirmed he is joining the Daily Mail as a columnist but could already be in hot water with parliamentary authorities over the job. The former prime minister – who vowed to offer uncensored views – could again find himself under scrutiny as Whitehall’s anti-corruption watchdog said he had not applied for clearance. [...]
Explainer: Will Team Boris ever leave Rishi alone? June 16, 2023 Imagine you’ve finally made it to the top. For years you’ve been in second position, waiting for the right time, and now there you are: you’ve stolen the top seat and finally got rid of your blonde-haired, chaotic predecessor. He’s out of your way, and you can finally relax and focus on the things you’re [...]