Labour’s plan to force banks to help on mortgages branded ‘risky’ and ‘counterproductive’ June 22, 2023 Labour’s plans to force banks to help struggling borrowers with their mortgages have been slammed as “risky” and “counterproductive”. The party says lenders should be compelled to help mortgage holders struggling with payments in a bid to avert a looming mortgage crisis as interest rates are expected to keep rising to bring inflation down. Shadow [...]
Badenoch slammed for ignoring Brexit realities and telling UK firms global trade ‘isn’t too tough’ June 20, 2023 Kemi Badenoch has been criticised by business groups for trying to “shift the blame” after she told British businesses that international trade “isn’t too tough”. The business and international trade secretary said today that the UK has “too many negative tropes about how difficult it all is”. Speaking at the launch of the first e-commerce [...]
Labour would end onshore wind ban – but wouldn’t overturn Rosebank if Tories approved it June 19, 2023 Labour would not look to withdraw approval for the UK's largest prospective oil and gas field, known as Rosebank.
Rishi Sunak facing two by-election tests after damning Boris Johnson partygate report June 16, 2023 Rishi Sunak will face a test of his leadership in two by-elections next month caused by Boris Johnson and an ally. The former prime minister quit his Uxbridge and South Ruislip seat to avoid the judgement of the Privileges Committee. The cross-party panel subsequently found he should have faced a 90-day suspension for deliberately misleading [...]
Warnings of ‘fire escape’ tax plans for wealthy Brits under Labour June 15, 2023 Wealthy Brits are preparing “fire escape” tax plans if Labour enter government, a tax advisor has claimed. David Lesperance, an international tax adviser, told the Telegraph he is acting as a “concierge” for well-off UK residents who want to protect their wealth after the next election. It comes after Labour leader Sir Keir Starmer promised [...]
Women ‘key’ to growth but are leading just 12 per cent of FTSE 250 firms June 13, 2023 Women are at the helm of just 47 FTSE 250 firms – just 12 per cent – despite holding “the key to economic growth”, Labour’s Anneliese Dodds has warned. The shadow women and equalities secretary told the Financial Times Women in Business summit that her party was “pro-business” and would “back women” in business from [...]
What we learned from Keir Starmer on AI, Boris Johnson and Nicola Sturgeon June 13, 2023 Keir Starmer hit the stage at London Tech Week this morning to mount Labour’s charm offensive on the great and good of London tech. Starmer’s address to the conference followed a major presence from top Tory figures yesterday, with talks from both Rishi Sunak and Jeremy Hunt. Speaking on the main stage in Westminster, the [...]
Shock result as Paul Scully MP fails to make Tory mayoral candidate shortlist June 11, 2023 Conservative MP Paul Scully has failed to make it onto his party’s shortlist in the race to take on Sadiq Khan for mayor of London. The upset saw the minister for London – widely thought of as the likely Tory favourite – snubbed in favour of assembly member Susan Hall, former No 10 advisor Daniel [...]
Cabinet minister claims politics has ‘moved on’ from Boris Johnson June 11, 2023 Politics has “moved on” from the drama of Boris Johnson, a senior cabinet minister has claimed amid a row over the former prime minister’s resignation as an MP and honours list. Energy secretary Grant Shapps told Sky News’s Sophy Ridge on Sunday that while former London mayor Johnson possessed “many qualities”, No 10 was under [...]
Labour would slash planning red tape in green energy bid June 11, 2023 Labour would slash planning regulations in a reported bid to boost Britain’s green energy construction of wind farms and nuclear plants.