Shell could start profit slowdown as Labour pushes to expand windfall tax October 24, 2022 The historic profit run from oil and gas titans is expected to slow down this week, when Shell unveils its latest results.
Rishi Sunak will be UK’s new Prime Minister as he tells Tories ‘unite or die’ October 24, 2022 Rishi Sunak will be Britain’s next Prime Minister, after winning the Conservative leadership race unopposed today. Sunak told Conservative MPs in a private address this afternoon that they must “unite or die” as he faces a series of crises and the party faces historically poor poll ratings. Penny Mordaunt pulled out this afternoon shortly before [...]
All eyes in the City on UK gilt yields as Boris Johnson steps away and Rishi Sunak steps up October 24, 2022 Despite all the turmoil around UK politics last week, the pound ended up finishing the week higher for the third week in a row against the US dollar, while gilt yields closed lower. It was set up to be another key week for the pound with the prospect of another Conservative party leadership contest however [...]
Not-so-free-market Rishi isn’t perfect, but he’s the right choice right now October 24, 2022 Rightly or wrongly, Britain’s credibility is at stake – and right now, Rishi Sunak is more likely to restore confidence in the country’s government than either Penny Mordaunt or Boris Johnson The choice facing Conservative MPs today is a difficult one. They are behind in the polls, and fear for their political future. They are [...]
Boris Johnson can win elections, but he never knew what to do once he did October 24, 2022 It also reduces politics to its bones as a mere transaction, with retaining office the only objective.
To win over the bond market, it has to be Dishy Rishi October 23, 2022 Tim Martin is the CEO of JD Wetherspoon In selecting the next Prime Minister, MPs need to bear in mind that the terrible twins, the bond market and inflation, feeling increasingly disrespected by central bankers and politicians , are angry and emotional – and are watching their every move. The mere revelation on Friday that [...]
Boris Johnson quits leadership battle leaving path clear for favourite Sunak October 23, 2022 BORIS JOHNSON has sensationally ruled himself out of the running to become Conservative party leader, making Rishi Sunak the odds-on favourite to become the country’s next Prime Minister. Johnson claimed he had secured the backing of more than 100 MPs – the threshold needed to get on the ballot to become Liz Truss’ replacement – [...]
Rishi Sunak announces leadership bid as he vows to ‘lead with integrity’ October 23, 2022 Rishi Sunak has formally launched his bid to be Tory leader and Prime Minister, vowing to “lead with integrity” in a clear attack on Boris Johnson. Sunak, the bookmakers’ favourite to become next UK Prime Minister, said “I want to fix our economy, unite our party and deliver for our country” in the wake of [...]
Tory leadership: No deal struck between Johnson and Sunak in meeting October 23, 2022 Boris Johnson and Rishi Sunak have not agreed to a backroom deal to form a new government together, with the pair set to go head-to-head in the Tory leadership contest. It comes as Sunak officially launched his campaign this morning, tweeting that “there will be integrity, professionalism and accountability at every level of the government [...]
We must move on: Blow for Boris Johnson as leading Brexiteer Lord Frost backs Rishi Sunak October 22, 2022 Leading Brexiteer David Frost has put his support behind Rishi Sunak for the Tory leadership, claiming that the country must “move on.” Frost said the party must back a “capable leader”, pointing to Rishi Sunak, who was expected to announce his bid on Saturday afternoon. Lord Frost was a big player in negotiating the UK’s [...]