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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Sir Keir Starmer is calling for an immediate general election regardless of whether Liz Truss remains in No 10 or is forced out by her party. “Change in personnel at the top of the Tory party is not the change we need. We need a change of government,” said Starmer, after Truss sacked Kwasi Kwarteng […]
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Liz Truss’s chief of staff has been interviewed by the FBI about an alleged criminal plot to bribe a US politician and influence an election, the Sunday Times reports. Mark Fullbrook – the prime minister’s most senior aide – is linked to banker Julio Herrera Velutini who is accused of trying to bribe the governor […]
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Former Shell worker Liz Truss has ruled out extending the windfall tax on energy companies’ £180 billion profits to help pay for her £130 billion plan to tackle soaring energy bills fuelling the UK’s cost of living crisis. Instead, Truss will borrow the eye watering amount, with taxpayers having to pay back the debt – […]
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Priti Patel has stepped down as home secretary following the triumph of Liz Truss in the race to become the UK’s prime minister. Patel’s exit after three controversial years in the post is expected to be the first of several big name departures once Truss is installed as PM by the Queen at Balmoral on […]
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The UK’s 56th prime minister will finally be announced on Monday and installed by the Queen (in Scotland) on Tuesday after an unnecessarily long, drawn out leadership campaign. As an exercise in navel-gazing during a summer of social, political and economic crises, it is unrivalled. Liz Truss is the blue-hot favourite to replace Boris Johnson […]
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Liz Truss is reported to be considering a 5% cut to VAT which could save families £26 per week/£1,300 per year to deal with the deepening cost of living crisis. It would be the largest ever reduction in the headline rate of VAT (currently at 20%) which officials say would also help businesses struggling to […]
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Caretaker prime minister Boris Johnson is continuing his (second) holiday (in two weeks) with the country relieved to learn from Downing Street that he will be kept informed of any “urgent issues” while he enjoys his jollies. This week Johnson in Greece (a week after returning from his eco-hotel honeymoon in Slovenia) and No 10 […]
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Rishi Sunak and Liz Truss have clashed over who is tougher on China ahead of tonight’s (Monday) first televised debate between the would-be prime ministers. Sunak and Truss will go head-to-head on BBC One at 9pm as 160,000 members of the Conservative party await their ballot papers. Who is tougher on China has become another […]
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