Rishi Sunak says tax cuts are a fairy tale, but he is chasing a Sleeping Beauty fantasy July 19, 2022 TIMES are tough. We need a bold plan to tackle the cost of living and get growth going. I have heard my friend Rishi Sunak argue that this is not the time to cut taxes, despite people facing the heaviest burden since the 1940s. With all due respect to the former chancellor, he is acting [...]
Mordaunt’s boss Trevelyan launches merciless attack on Tory leadership hopeful: ‘Others picked up the pieces’ July 18, 2022 Tory leadership hopeful Penny Mordaunt, currently one of the favourites to win the contest, received some harsh criticism this morning from within her own party. In fact, from her boss. Mordaunt missed key meetings in her role as a Government minister in order to plot her leadership campaign, her departmental boss has claimed. The trade [...]
Sky News cancels Tory leaders debate after Sunak and Truss pull out July 18, 2022 Sky News has cancelled the third Tory leadership debate planned for tomorrow, after frontrunners Rishi Sunak and Liz Truss today said they would not participate. It comes after a bruising ITV debate last night, which saw candidates launch vicious attacks on each other for 60 minutes. The clashes were particularly heated between Sunak, Truss and [...]
Union boss says crippling rail strikes to go ahead as no one is ‘coming to the table’ July 17, 2022 Crippling rail strikes are set to go ahead in just two weeks as train company bosses are not “coming to the table”, according to the head of the UK train drivers’ union. Mick Whelan, general secretary of the Associated Society of Locomotive Engineers and Firemen (Aslef) union, said “when train drivers don’t come to work, [...]
Tory leadership: Raab hits out at Truss’ record as Treasury minister July 17, 2022 Dominic Raab has questioned the record of Tory leadership hopeful Liz Truss when she worked as a Treasury minister in response to her attacks on Rishi Sunak. The Deputy Prime Minister, a Sunak supporter, said “people can see whether spending and headcount in the civil service went up or down” when Truss worked as chief [...]
Amazon goes on UK hiring spree as e-com giant creates 4,000 new jobs July 15, 2022 Amazon has gone on a hiring spree in the UK, creating more than 4,000 permanent jobs this year. Spread across the UK, the new jobs will include positions at the Wakefield and Knowsley new fulfilment centres, where staff pack and ship orders. Corporate and technology as well as product management and software development jobs will [...]
Long read: TikTok’s march to the top by no means inevitable July 14, 2022 Ian Whittaker is twice winner of the City A.M. Analyst of the Year as well as a judge on this year’s awards, and founder of advisory firm Liberty Sky Advisors Given investors’ embrace of capitalism, it is ironic that their view of Tech – especially when it comes to the leading players – can be [...]
Solar tech specialist Naked Energy targets £10m funding round to power Stateside dreams July 14, 2022 Naked Energy has opened its Series B funding round - targeting £10m-plus to fund its Stateside expansion plans and to fund its products.
Sky Sports pays more than £880m to extend broadcast deal with England cricket chiefs July 14, 2022 Sky Sports has agreed a four-year extension to its current deal as the main broadcast partner of the England and Wales Cricket Board (ECB). The ECB said the agreement, which runs from 2025 to 2028 and covers men’s and women’s internationals, The Hundred and the Vitality Blast, would see Sky show more cricket than ever [...]
Tory leadership: Poll says Sunak at just 28 per cent among members as Mordaunt’s support surges July 14, 2022 The six remaining Tory leadership hopefuls are preparing for the final sages of the contest with the results of the second ballot at 3pm today. Three clear frontrunners have emerged after the first round, with Rishi Sunak receiving 88, Penny Mordaunt on 67 and Liz Truss on 50. This comes amid disastrous polling from YouGuv [...]