Sunak’s reshuffle: Shapps, Badenoch, Hands and Donelan in new cabinet roles after Zahawi’s sacking February 7, 2023 Prime Minister Rishi Sunak has appointed Greg Hands, a former trade minister, as the chair of the Conservative party after Nadhim Zahawi was sacked last month. The Department for Business, Energy, Industry and Strategy has also been broken up into two separate bodies. Grant Shapps, the former Business Secretary has been appointed Secretary of State [...]
BP scales back climate ambitions as outcry over £23bn earnings ignites call for tougher windfall tax February 7, 2023 BP has scaled back its climate ambitions, easing plans to slash the amount of oil and gas it produces to meet global demand.
The therapy industry on TikTok and Instagram is trapped in a moral maze February 7, 2023 Would you find your therapist on TikTok? Brits are increasingly turning to social media for help for their mental health, but the space is completely unregulated, writes Elena Siniscalco
Labour bound ahead in polls with largest lead since Sunak entered No10 February 6, 2023 The Labour Party has bounded ahead in the polls with their largest lead over the Conservatives since Rishi Sunak entered No10 – with the PM getting record low approval ratings from the public. Voters have given Keir Starmer’s party a 26% lead, according to the latest voting intention survey, by Redfield & Wilton Strategies. It [...]
Liz Truss admits £45bn mini budget would have been scaled back if Bank of England warned on LDI crunch February 6, 2023 Former prime minister Liz Truss has today admitted her calamitous mini-budget could have scaled back had she known about the existence of LDIs. Truss admitted in an interview with Spectator TV that she “didn’t know the existence” of LDIs – liability driven investment vehicles – which sparked a near fire sale in the pension market [...]
Analysis: An epidemic of political relevance deprivation February 6, 2023 Liz Truss’s 4,000 word essay, Matt Hancock ironing a tie and Boris Johnson’s American ambitions. Comment & Features Editor Sascha O’Sullivan on the politicians desperately clinging on to relevance.
Hundreds dead in Turkey and Syria following powerful 7.8 magnitude earthquake February 6, 2023 The death toll in Turkey and Syria has reached 360 people after a powerful 7.8 magnitude earthquake toppled buildings and triggered a frantic search for survivors in the rubble in cities and towns across the region. On both sides of the border, residents jolted out of sleep by the pre-dawn quake rushed outside on a [...]
UK shouldn’t start a ‘regulatory race to the bottom’ to lure Arm into London float, top City group warns February 5, 2023 A top City lobby group has hit out at the UK’s financial watchdog over claims it is planning to bend its own rules to persuade microchip designer Arm to float on the London Stock Exchange. The Institute of Directors (IoD) warned the Financial Conduct Authority’s (FCA’s) offer to waive market rules “undermines the integrity of both [...]
Liz Truss breaks silence to blame media and ‘leftward’ shift for £45bn mini budget failure February 5, 2023 Liz Truss has broken her silence for the first time since being booted out from Number 10 to hit back at critics of her tax cutting, pro-growth economic agenda. Writing in the Sunday Telegraph today, Truss, 47, said she was never given a “realistic chance” to implement sweeping tax cuts designed to unshackle businesses and [...]
The UK is hurtling towards a ‘Britcoin’ CBDC – here’s why… February 3, 2023 The UK's own CBDC - a Britcoin - is inevitable, says Nigel Green, who believes there are two clear markers for its certain introduction.