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  • Boris Johnson set to resign as UK Prime Minister

    July 7, 2022

    Boris Johnson has agreed to resign as UK Prime Minister, after a sensational 48 hours which saw his government implode. The BBC and Mirror reported just after 9am today that he will quit as leader of the Conservative party and will stay on as caretaker Prime Minister until a new party leader is chosen. A [...]

  • Isolated Boris Johnson agrees to resign TODAY after all PM’s key ministers flee Downing Street

    July 7, 2022

    Multiple sources are confirming Boris Johnson has agreed to stand down today. He will stay on as caretaker leader until new Tory leader elected this autumn. He will make a statement later today. The Prime Minister rejected calls to quit yesterday and dramatically sacked Cabinet rival Michael Gove, but was later hit with the departure [...]

  • Bye Boris: NI Secretary Brandon Lewis, Treasury minister Helen Whately and Security minister Damian Hinds flee No 10

    July 7, 2022

    Northern Ireland Secretary Brandon Lewis has resigned around 7am from the Cabinet, telling the Prime Minister that Government requires “honesty, integrity and mutual respect”. Minutes later, Treasury minister Helen Whately has resigned, telling Boris Johnson there “are only so many times you can apologise and move on”. And only moments ago, Security minister Damian Hinds [...]

  • Whoever leads the No11 regime must learn spending will only fuel inflation

    July 7, 2022

    The year ends with a two. We have a Prime Minister who reset Britain’s relationship with Europe and has suddenly appointed an inexperienced Chancellor. The new regime in Downing Street now promises tax cuts in the face of high inflation. Am I mad, in a coma, or has the Tory Party travelled back in time? [...]

  • Boris Johnson refuses to resign and instead sacks Michael Gove

    July 6, 2022

    Boris Johnson has ignored the calls of senior cabinet ministers and has refused to resign, leaving the government in crisis. Johnson appears to have lost the confidence of Conservative party MPs and has seen the resignation of more than 40 ministers and parliamentary private secretaries, MPs who work as assistants to ministers, leaving questions marks [...]

  • AS IT HAPPENED – LIVE BLOG: Boris Johnson clings on as Tory rebellion gathers pace

    July 6, 2022

    The prime minister is under increasing pressure to quit amid a series of high-profile cabinet resignations over the last 48 hours. Over the course of Wednesday’s drama, we followed all the latest news, opinion and analysis from Westminster on ourCity AM’s live blog. From resignations and letters of support, to the latest policy changes and [...]

  • Javid calls on cabinet ministers to quit as Gove tells PM it’s time to go

    July 6, 2022

    Sajid Javid has called on other cabinet ministers to leave Boris Johnson’s government and housing secretary Michael Gove has told the PM that it’s time to quit as his government collapses around him. In a blistering Commons speech, Javid said “treading the tight rope between loyalty and integrity has become impossible in recent months” and [...]

  • Pound still at lowest level since start of pandemic amid government chaos

    July 6, 2022

    The British pound is at its lowest level since the start of the Covid pandemic in March 2020 as the UK government faces a political crisis. The pound has slid 0.6% today to $1.1883 as a wave of ministers resigned from Boris Johnson’s government. Sterling initially dropped more than a cent to below $1.20 for [...]

  • Petrol prices drop slightly for first time since April, but motoring associations say it’s not enough

    July 6, 2022

    Petrol prices have slightly dropped for the first time since mid-April, according to reports from motoring association the AA.  Figures have shown that the average price of a litre of petrol at UK pumps went down by 0.3p between Sunday and Monday.  The price of petrol yesterday was around 191.3p, well below Sunday’s record price [...]

  • Zahawi to review planned Corporation Tax hike as PM clings on

    July 6, 2022

    New chancellor Nadhim Zahawi has vowed to review a planned increase in Corporation Tax for the UK’s largest companies as Boris Johnson tries to cling onto power. Zahawi told the BBC today that “nothing was off the table”, including a potential scrapping of a planned increase in Corporation Tax for the UK’s largest firms from [...]

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