MPs are calling for Boris Johnson to impose tougher sanctions on Russia after the prime minister announced the UK’s “first barrage” of strikes in response to the Ukraine crisis. Johnson told the Commons today (February 22) that the UK is imposing an asset freeze and travel ban on three Russian oligarchs, and sanctions on five […]
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British bankers are celebrating bumper bonuses set to exceed £4 billion while UK households struggle amidst the cost of living crisis. The Bank of England (BoE) today announced inflation has hit a new 30-year high in January with consumer prices up 5.5% on the year. Surging prices for energy, clothing and footwear is behind the […]
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Boris Johnson is under fresh attack from his own backbenches after his government announced a fracking ban. Tory MPs and members of the Lords have denounced the ban as unconservative while claiming fracking would help Britain avoid future energy crises and massive price hikes. More than 30 Tory rebels – including former Brexit minister Lord […]
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UK families will be hit with a record rise in energy costs leading to the biggest fall in living standards since records began, the Bank of England (BoE) said on what has been dubbed ‘Black Thursday’. Energy regulator Ofgem today (February 3) confirmed the price cap will rise by 54% in April while the BoE […]
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The government’s Christmas Eve announcement that it will relax immigration rules for care workers – to bolster a sector double hit by the pandemic and Brexit and left struggling to keep and attract staff – has been denounced as “a sneaky admission of failure” by the Labour party. High vacancy rates and staff turnover is […]
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Boris Johnson’s authority has been so weakened by recent events that he appears willing to gamble the nation’s health service and people’s lives in order to appease right wing Tory tabloids and his own backbench MPs. The embattled prime minister’s personal nightmare before Christmas – featuring the key resignation of a staunch Brexit ally, a […]
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Chancellor of the exchequer Rishi Sunak is under fire for being “missing in action” in California while British businesses battle against the Omicron variant’s devastating impact on Christmas spending and the UK’s economy. The Bank of England shocked markets with an unexpected hike in interest rates today (December 16) to 0.25%, increasing the cost of […]
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The London FTSE 100 index has fallen further following concerns raised about the effectiveness of Covid vaccines against the new Omicron variant. The CEO of pharmaceutical giant Moderna has predicted a “material drop” in the efficacy of current vaccines and warned that “all the scientists I’ve talked to [about the new variant] … are like, […]
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The prime minister of the United Kingdom is not unwell, according to a statement from his spokesperson who insists Boris Johnson “is focused on the issues that we face as we come up to the winter months and delivering on important changes like social care.” Johnson is “well and he is focused on delivering for […]
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Chancellor Rishi Sunak said the UK economy is entering a “new age of optimism” as he delivered a budget that Labour said only benefitted “bankers on short haul flights sipping champagne”. Sunak said the government’s tax and spending plans – details below – are focused on the “post-Covid” era and will pave the way for […]
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