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 – [...]
Starmer slams ‘ridiculous, chaotic circus’ that is Tory leadership race October 23, 2022 Sir Keir Starmer has hit out at the “ridiculous, chaotic circus” that is the Conservative leadership race as he called again for a General Election. The Labour leader said Brits were “fed up to the back teeth” with the near constant pyschodrama gripping the Tory party as he warned of the worsening effects of the cost of [...]
UK misses Diwali deadline for India free trade deal October 23, 2022 The UK has missed its deadline to sign a trade deal with India by Diwali, with no end in sight to negotiations between the two most powerful Commonwealth countries. The Department for International Trade said the UK and Indian governments have “closed a majority of chapters” of the deal, but that there will be no [...]
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 [...]
Sunak set to make Tory leadership bid as Boris claims to have 100 MPs’ support October 22, 2022 Downing St leadership hopefuls are shoring up the support of MPs this weekend, ahead of a key Monday deadline, with Rishi Sunak passing to the next stage of the contest and Boris Johnson’s allies claiming he has also received enough support. Potential candidates have until next week to secure the backing of 100 MPs, before [...]
Confirmed: Penny Mordaunt is running for the top job October 21, 2022 Several Tory MPs declared their support for Penny Mordaunt moments after the Commons Leader announced she was running for the top job. Neil Hudson, MP for Penrith and The Border, tweeted: “I am backing @PennyMordaunt to be Prime Minister as I believe she has the leadership attributes, experience, empathy and compassion to unite our country [...]
Heads of nine key energy firms warn bill ‘threatens to undermine’ regulation in sector October 21, 2022 The heads of nine major energy companies have voiced “increasing concern” about a bill which “threatens to undermine strong, independent” regulation of the sector. In a strongly-worded letter to Jacob Rees-Mogg MP Secretary of State for Business, Energy and Industrial Strategy (BEIS), they urge the government to rethink measures Energy Prices Bill. The bill is [...]