Explainer-in-brief: Candidates for Sunak’s anti-Britain extremist program August 4, 2022 The lastest bizarre policy tabled in the Tory leadership contest was from Rishi Sunak, who has promised to extend the Prevent anti-terrorism scheme by referring people who display “extreme hatred for Britain” to the deradicalisation program. But he might need only look as far as his own parliamentary colleagues for potential candidates. It was Boris [...]
New prime minister must up R&D funding or risk ushering in ‘low skilled’ economy August 4, 2022 The next prime minister must up the UK’s spending on science research and development (R&D) or risk losing its standing as a global leader, Tory-backed think tank Onward has urged today. In a report, supported by several MPs including former science minister George Freeman, Onward said the lack of spending risks damaging the UK’s core [...]
Tory leadership: Truss has 32-point lead over Sunak in new members poll August 3, 2022 Liz Truss has opened up a 32-point lead over Tory leadership contender Rishi Sunak in a new members poll as the pair get ready to face another hustings event tonight. The Conservative Home poll of Tory members had Truss on 58 per cent and Sunak on 26 per cent in a further sign the foreign [...]
Sunak and Truss’s room for tax cuts is ‘limited’, OECD warns August 3, 2022 Tory leadership hopefuls Liz Truss and Rishi Sunak’s room to cut taxes is limited, a top global economic institution said today. The Organisation for Economic Co-operation and Development (OECD) said an ageing society and the need to boost public sector investment to lift growth will keep government spending higher for decades, limiting “the scope for [...]
Battle for Number 10: From tax to NHS, here are all the promises Liz Truss and Rishi Sunak have made so far August 3, 2022 Yesterday, Liz Truss has this morning performed a screeching U-turn on a policy to pay regional public sector workers less than their London counterparts. it came after a severe backlash from Tory MPs and Tees Valley mayor Ben Houchen. The embarrassing move comes as Truss and her rival Rishi Sunak continue to flesh out their [...]
City grandee Lord Cruddas calls for Tory leadership race to be suspended August 3, 2022 A City grandee and Tory peer has called for the party’s leadership election to be suspended and for Boris Johnson to remain in office in the wake of cyber security concerns over online voting. Lord Peter Cruddas, billionaire founder of CMC Markets, said that any threat of outside sabotage of the vote would mean that [...]
Threat of stagflation returns for first time since 1970s as UK enters early stage of drawn-out recession August 3, 2022 The UK is in the early stages of a drawn out recession that will tip millions of households into financial crisis, reveals fresh forecasts published today. An inflation surge driven by an unprecedented rise in energy bills will steer the economy into recession this quarter and keep it there until early months of next year, [...]
UK’s next PM could realise Britain’s crypto ambitions August 3, 2022 The UK is now just weeks away from getting its most pro-crypto prime minister ever in all likelihood. Following Boris Johnson’s resignation after a slew of resignations from his government, sexual assault allegations against conservative lawmaker Chris Pincher, and the fallout from ‘Partygate’, there are now only two candidates in the running to lead the [...]
Boris Johnson goes on holiday despite prime minister having less than five weeks in office August 3, 2022 Despite his premiership ending in less than five weeks time, Boris Johnson is to begin a summer holiday today. Downing Street would not give details of where the Prime Minister would be spending his time off from Wednesday until the end of the week. But the Prime Minister’s official spokesperson said Mr Johnson will remain [...]
Truss powers ahead as Sunak loses ground in Tory leadership race but ballot delay may work in his favour August 3, 2022 A reported ballot delivery delay over security concerns could give Rishi Sunak more time to make an impression before votes are cast as he appears to have lost ground in the Tory leadership race. A YouGov poll puts Liz Truss well ahead of Sunak in support from party members, with her lead increasing to 34 [...]