London’s FTSE 100 stock index set a record closing high on Friday (Feb 3) finishing up more than 1% at 7,901.8 points – beating the previous record set in May, 2018 when the FTSE 100 closed at 7,877.45. Investors are reportedly backing the UK’s blue chip firms to benefit from the weak pound combined with […]
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Former culture secretary Nadine Dorries has been accused of breaking the ministerial code by parliament’s anti-corruption watchdog over hosting a TV show. Dorries failed to consult with the Advisory Committee on Business Appointments (Acoba) before taking up the presenter’s role of a new talk-show on Rupert Murdoch’s TalkTV. ‘Friday Night with Nadine’ begins this week […]
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Prime minister Rishi Sunak has “performed a major U-turn”, the Guardian reports, and the UK will now impose Covid checks on people arriving to the UK from China where coronavirus cases are surging. Sunak has responded to growing criticism from Conservative MPs over his “dithering” on the issue and the mixed messages from his government […]
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Prime minister Rishi Sunak has put the UK government on a collision course with Scotland’s parliament by threatening to block the gender recognition bill passed by Holyrood from becoming law. Sunak said it is “completely reasonable” for the UK government to block the new legislation allowing Scots aged 16-and-over to self-declare and change their legal […]
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Deputy prime minister Dominic Raab is now being investigated over eight bullying claims after five new formal complaints were made to Downing Street. All of the five new claims relate to Raab’s tenure as justice secretary and deputy prime minister under the disgraced former PM Boris Johnson. Rishi Sunak reappointed Raab to both those positions […]
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The government is holding a Cobra emergency meeting to deal with the wave of strikes hitting Britain across multiple sectors. Ministers will discuss deploying the military to drive ambulances and civil servants to cover Border Force staff as strikes escalate. Nurses, rail and postal staff are also among workers taking industrial action this month in […]
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Rishi Sunak is under increasing pressure with growing numbers of disgruntled Conservative MPs rebelling over onshore wind farms, planning reforms and a proposed crackdown on overseas students. Former prime ministers Boris Johnson and Liz Truss signed a rebel amendment last week against Sunak’s de-facto ban on onshore wind farms. Cop26 president Alok Sharma also signed […]
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The UK’s new prime minister Rishi Sunak has warned the country that “there is no doubt we face a profound economic challenge.” In his first comments after being named PM Sunak said: “We now need stability and unity, and I will make it my utmost priority to bring our party and our country together.” Behind […]
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Rishi Sunak is set to become the UK’s third prime minister this year after Boris Johnson dropped out of the Conservative party leadership race. While Johnson never formally declared his candidacy, he withdrew from the leadership race despite claiming in a statement that he had “cleared the very high hurdle of 102 nominations” from Tory […]
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New chancellor Jeremy Hunt has announced almost every part of his predecessor’s mini-budget and fiscal policy will be reversed, including the two year £2,500 energy price cap, which will now only last for six months. Hunt said the government will end the cap on energy prices in April and “will reverse almost all the tax […]
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