Treasury still keen on state-backed NFT despite crypto crash and government upheaval July 18, 2022 The UK Treasury is still devoted to creating a state-backed NFT with the Royal Mint despite the recent crypto crash and resignations of key ministers supporting this project. HM Treasury reiterated its dedication to the state-backed NFT. “We are still committed to introduce an NFT, working with the Royal Mint. This work is ongoing, and [...]
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 [...]
The dizzying tax promises of the Tory campaigns aren’t enough for the City July 18, 2022 IT WAS more than four years ago now since the outgoing prime minister, Boris Johnson, remarked to the Belgian ambassador to the EU that his approach to the private sector was “f*** business”. For a leading Conservative politician with ambitions towards Downing Street, it was an extraordinary thing to say. Yet it was clearly an [...]
Rishi Sunak will put City back at heart of Westminster decision making July 18, 2022 Tomorrow the Chancellor of the Exchequer will deliver the Mansion House speech, an annual milestone in the calendar of bankers, brokers, financiers and fiscal hawks in which the Chancellor’s vision for our financial services sector is outlined in a room with the UK’s most senior business leaders. Only two weeks ago I was working with [...]
Tory leadership race descends into all out war in televised debate July 17, 2022 The Conservative leadership race descended further into vicious mudslinging today as the remaining five candidates tore shreds off each other for 60 minutes in a televised debate. Frontrunners Rishi Sunak and Liz Truss had a number of bruising encounters, with the ex-chancellor accusing the foreign secretary of peddling “something for nothing economics” that are closer [...]
Sunak call to slash all EU rules by 2024 contradicted by the Treasury July 17, 2022 Rishi Sunak’s new promise to slash all retained EU regulations by 2024 has been contradicted by a leaked Treasury document today saying this would not be possible. Sunak wrote in the Sunday Telegraph today that he will have “scrapped or reformed all of the EU law, red tape and bureaucracy that is still on our [...]
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 [...]
Sunak and Truss clash over taxes in fiery TV debate as Tory leadership race heats up July 16, 2022 Two of the frontrunners to be the next Prime Minister locked horns over taxes during a fiery leadership debate.
Tory leadership race: Knives are out as Johnson backs ‘anyone but Rishi’ while Mordaunt and Truss scrap for support July 15, 2022 Knives are out in the final stages of the Conservative leadership contest, with Prime Minister Boris Johnson backing “anyone but Rishi” and eliminated candidates nailing their colours to the mast. While the Prime Minister has refused to back any one candidate, a source told the Times “the whole No 10 team hates Rishi” because he [...]
Tory leadership: Sunak and Mordaunt storm out to the front as Braverman drops out July 14, 2022 Rishi Sunak and Penny Mordaunt have consolidated themselves as the top two frontrunners for the Tory leadership race as Suella Braverman drops out in the second vote. Sunak picked up 101 votes from his fellow Tory MPs, while Mordaunt picked up 83 and foreign secretary Liz Truss remained in third place on 64. Kemi Badenoch [...]