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 a growing belief that global...
Nadine Dorries breaches ministerial code as Zahawi sacked over tax affairs
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...
Downing Street
Sunak U-turns on China flights and Covid testing
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...
Downing Street
Downing St moves to block Scotland’s gender recognition bill becoming law
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...
Downing Street
Raab bullying investigation expanded; Boris Johnson breaks rules and pockets £1m
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...
Govt Cobra meeting on strikes as snow causes travel chaos
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...
Top Tories rebelling against Sunak ‘spells real danger’ for the government
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...
UK faces ‘profound economic challenge’ warns new PM Rishi Sunak
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...
Sunak set for No 10 after Johnson drops out
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...
£4,437 energy bills in April as Hunt scraps ‘mini-budget’
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...