Investing in women could boost UK economy by £250bn, MP to say UK Politics Investing in women at the same rate as men could create £250bn in new value for the UK economy, Harriett Baldwin is set to say. The former City minister and now chair of the Treasury select committee will tell the WVC:E summit that inequality between investment in men and women is unacceptable. Baldwin is expected [...]
Labour pledge to overhaul audit and corporate governance regime UK Politics The Labour Party has said it will pass long-awaited legislation on audit and corporate governance reforms if it wins the next general election.
Lettuce remember: One year on from Liz Truss’ disastrous mini-budget UK POLITICS One year on from the mini-budget, City A.M. takes a look at the fallout and asks whether Truss still has the ability to influence the Conservative Party going forward.
Post Office scandal: £600,000 compensation offer ‘gun to head’ for victims, MP claims September 19, 2023 An MP has criticised the offer of £600,000 compensation for every Post Office worker who has had their wrongful Horizon conviction overturned, claiming it is “a gun to their head”. The government announced on Monday that every post office operator who was caught up in the Horizon IT scandal and wrongfully convicted will receive £600,000 [...]
Urgent reform needed to restore trust in UK constitution, warn think tanks September 19, 2023 An urgent reset is required in order to restore trust in the UK’s constitution, two top think tanks have warned. Faith in Britain’s political system has been shaken after a “tumultuous” string of events — from the Brexit process, the Covid-19 pandemic and the cost of living crisis — a report by the Institute for [...]
Tobias Ellwood resigns as Commons defence committee chairman September 13, 2023 Tobias Ellwood has quit as defence committee chairman ahead of an expected vote of no confidence, he has confirmed. In a statement posted on X, formerly Twitter, the MP wrote: “It is with deep regret that I have tendered my resignation as chairman of the defence committee. “It has been a huge privilege to lead [...]
Rishi Sunak now as unpopular as Boris Johnson, poll finds September 11, 2023 Rishi Sunak is now as unpopular as Boris Johnson when he left office, polling of the public has revealed. The Prime Minister has scored his lowest ever favourability rating with almost 70 per cent of Brits revealing that they don’t rate him – making his popularity levels as poor as those of his former boss [...]
Westminster’s alleged spy for China says he is ‘completely innocent’ September 11, 2023 The parliamentary researcher arrested on suspicion of being a spy for China has insisted he is “completely innocent”. The man said he had spent his career highlighting the “challenge and threats presented by the Chinese Communist Party”. The arrest under the Official Secrets Act led to the Prime Minister confronting Chinese premier Li Qiang at [...]
UK ‘flying blind’ on soaring levels of fraud which has quadrupled since pandemic September 8, 2023 The government is “flying blind” on its exposure to fraud, which has quadrupled since the start of the Covid-19 pandemic, MPs have said. The cross-party Public Accounts Committee (PAC) also said that while most of the £21bn of taxpayers’ money lost to fraud during the pandemic is unlikely to be recovered, the government should be [...]
Chris Pincher: Former Tory whip resigns as MP triggering third by-election for Sunak September 7, 2023 Conservative MP Chris Pincher has resigned as an MP triggering a third by-election for Rishi Sunak’s government to fight. The Tory MP and former deputy chief whip announced his resignation this morning after he lost his appeal against an eight-week suspension from Parliament over groping allegations. In a statement he said: “I have said already [...]