Prime Minister and Chancellor to dismiss Tory calls for early tax cut June 28, 2022 The Prime Minister is set to bat away demands from Tory backbenchers to slash cuts in a major speech with the Chancellor next month. According to a report in The Times, Boris Johnson and Rishi Sunak are set to outline the government’s economic strategy in the speech. However, they will delay announcing a timeline for [...]
Boris Johnson insists ‘no point’ giving public sector staff inflation-busting pay rise June 27, 2022 Prime minister Boris Johnson has swotted away public sector workers’ demands for higher pay. “I’m not going to give a comment on each offer or suggestion that the pay review bodies may make. But what I would say to you is that, at a time when you’ve got inflationary pressures in an economy, there’s no [...]
Boris Johnson refuses to undergo ‘psychological transformation’ after heavy by-election defeats June 25, 2022 Embattled Prime Minister Boris Johnson warned he will not undergo a "psychological transformation" despite the by-election losses.
Party in turmoil: Tory MPs increasingly frustrated as Boris Johnson’s authority crumbles June 24, 2022 The Conservative Party lost their former stronghold of Tiverton and Honiton to the Liberal Democrats and surrendered Wakefield to Labour at the by-elections overnight. Therefore, Conservative MPs are increasingly nervous that retaining their seats at the next general election will “no doubt” be difficult following the double by-election loss. Prime Minister Boris Johnson acknowledged that [...]
After crushing by-election defeat: What next for beleaguered prime minister Boris Johnson? June 24, 2022 After the Tories’ humiliating defeats in two parliamentary by-elections overnight, Boris Johnson’s authority has suffered a double blow. A fatal blow, some believe. The contests in Wakefield, West Yorkshire and Tiverton and Honiton, Devon were triggered by Conservative MPs resigning in disgrace. Wakefield’s Imran Ahmad Khan quit as an MP after being convicted of sexual [...]
Biden urges Congress to put petrol tax on hold as pump prices spike to record highs June 22, 2022 US President Joe Biden has called on Congress to pass a three-month suspension of the federal gasoline tax to help combat record pump prices.
Mike Ashley’s Frasers Group ups stake in German fashion brand Hugo Boss, again June 22, 2022 Mike Ashley’s Frasers Group confirmed this morning it has increased its stake in luxury German fashion brand Hugo Boss once again. Frasers said it now has 3.4 million shares – a 4.9 per cent stake – in Hugo Boss and holds buy options over another 26 per cent shareholding. The group said its investment in [...]
Twitter board ‘unanimously’ recommends Elon Musk takeover June 21, 2022 Twitter’s board has unanimously recommended shareholders approve Elon Musk’s $44bn takeover, despite a rocky few months of discussions. The news comes after Musk met with Twitter employees last week at the company all-hands, and reasserted his desire to snap up the firm. According to a regulatory filing to the US Securities and Exchange Commission on Tuesday, Twitter’s board [...]
Former staff sue Tesla over ‘mass layoffs’ June 21, 2022 Former employees at Tesla are suing the electric vehicle maker for carrying out what they say are “mass layoffs“, which they claim violated the law by not giving advance notice. In a lawsuit filed in Texas on Sunday, two former employees at the company’s Nevada factory allege Tesla violated the Worker Adjustment and Retraining Notification (WARN) Act [...]
Elon Musk’s child vows to change name to cut all ties with famous father June 21, 2022 Elon Musk's child has filed to sever all ties with the eccentric billionaire, stating she does not “wish to be related to my biological father in any way, shape or form”.