‘World needs Britain’s leadership’: Ukrainian president Zelensky says during historic Westminster Hall speech February 8, 2023 Ukrainian President Volodymyr Zelensky said the “world needs Britain’s leadership” during a historic address to the Houses of Parliament in Westminster Hall. The wartime leader used his address to urge the UK and the west to provide fighter jets, telling MPs: “Combat aircraft for Ukraine, wings for freedom.” Zelensky also directly thanked former prime minister [...]
UK to narrowly avoid recession but cost of living crisis will leave families £4,000 worse off February 8, 2023 The UK is poised to narrowly avoid a recession but the cost of living crisis will still leave average Brits £4,000 worse off this year, fresh forecasts out today reveal. Britain’s economy is set to squeeze out 0.2 per cent of GDP growth in 2023, meaning it will just about swerve a technical reversal, two [...]
100,000 civil servants to walk out on Budget Day, union says February 7, 2023 Around 100,000 civil servants are set to strike on Budget Day, their union has announced, amid a campaign of walkouts over pay disputes. The Public and Commercial Services Union (PCS) said it was escalating action after a “lack of movement” from the government over its concerns over pay, pensions and job security. Walkouts will take [...]
ULEZ expansion ‘not the answer’: Rebel boroughs Harrow and Bromley warn Khan of impact on ‘poorest and vulnerable’ February 7, 2023 Harrow and Bromley councils have responded to a letter from Sadiq Khan over the expansion of ULEZ, warning of its impact on the poorest. Harrow councillor Paul Osborn wrote to Khan earlier this week, reiterating that the expansion of the ultra-low emission zone (ULEZ) to include the whole of Greater London was “not the answer” [...]
David Carrick: Rapist Met Police officer sentenced to life in jail February 7, 2023 Rapist Metropolitan Police officer David Carrick will serve at least 30 years behind bars for attacking a dozen women over a 17-year period. In a two-day sentencing hearing, Southwark Crown Court heard how the 48-year-old “monster” used his power and control to carry out a “catalogue of violent and brutal” sex attacks between 2003 and [...]
Liz Truss admits £45bn mini budget would have been scaled back if Bank of England warned on LDI crunch February 6, 2023 Former prime minister Liz Truss has today admitted her calamitous mini-budget could have scaled back had she known about the existence of LDIs. Truss admitted in an interview with Spectator TV that she “didn’t know the existence” of LDIs – liability driven investment vehicles – which sparked a near fire sale in the pension market [...]
Sadiq Khan warns rebel boroughs against challenging ULEZ expansion February 6, 2023 Sadiq Khan has warned a number of rebel boroughs against challenging the London-wide expansion of the Ultra Low Emission Zone, or ULEZ, saying their case was “wholly without merit and misconceived.” Four Conservative boroughs sent a pre-action letter to Transport for London (TfL) on 13 January, challenging Khan’s decision to expand the ULEZ to Greater [...]
Tesla: Musk’s EV giant ready to enter UK insurance market with launch of London firm February 6, 2023 Electric vehicle (EV) maker Tesla appears to be readying itself to begin insuring British drivers through the launch of its own London-based insurer. Elon Musk’s automotive company is seeking to open a UK branch of its Malta-based insurance business, filings to Companies House show. Tesla is also hiring a lawyer to work in its “full-stack [...]
Barclays boss recounts criticism of refusing to stop work amid cancer treatment February 5, 2023 Barclays chief executive CS Venkatakrishnan said that some people accused him of “CEO swagger” when he said he intended to work through his cancer treatment. Writing in the Financial Times for World Cancer Day, Venkatakrishnan – who prefers to be known as Venkat – said he received some messages after his diagnoses that suggested his [...]
Liz Truss breaks silence to blame media and ‘leftward’ shift for £45bn mini budget failure February 5, 2023 Liz Truss has broken her silence for the first time since being booted out from Number 10 to hit back at critics of her tax cutting, pro-growth economic agenda. Writing in the Sunday Telegraph today, Truss, 47, said she was never given a “realistic chance” to implement sweeping tax cuts designed to unshackle businesses and [...]