Tag Archives: boris johnson

Rishi Sunak ‘considered quitting’ over National Insurance row, MP says

Rishi Sunak’s relationship with Boris Johnson has “completely disintegrated” to the point that the Chancellor “considered quitting” over a row over a planned increase in National Insurance contributions, an MP has claimed. Mr Sunak reportedly made the comments to a Tory MP as Boris Johnson considered scrapping the planned 1.25 …

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Greenwich becomes fourth London council to oppose Silvertown tunnel | London

A fourth London council has voted to oppose a new £2billion road tunnel under the River Thames in east London, putting the capital’s mayor at odds with local authorities over his biggest plan to ever infrastructure. Sadiq Khan accused the councils of “wanting[ing] to postpone tough decisions,” after Greenwich councilors …

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Ukraine crisis prompts UK to backtrack on economic crime law – EURACTIV.com

Russia’s invasion of Ukraine has prompted a U-turn by the British government, which has fast-tracked its Economic Crimes Bill, legislation promised since 2016, to help “flush out oligarchs, criminals and kleptocrats”. The bill, introduced in the UK parliament this week, would establish a new foreign entity register requiring anonymous foreign …

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Western powers have realized that Russia is largely immune to sanctions | Russia

The war against Russia is a war that Western countries want to wage with only economic sanctions, not guns. The conflict between Russia and Ukraine, despite its long gestation and planning by Vladimir Putin and his supporters in the Kremlin, was supposed to end quickly once financial retaliation began. Yes, …

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Main items that will not be included in your travel insurance if you catch coronavirus

Travel is back on the agenda as many Britons race to return to some form of normalcy after the coronavirus pandemic. Fully vaccinated people traveling to the UK no longer have to take Covid tests when entering and leaving the UK. Prime Minister Boris Johnson has also announced that he …

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UK ‘weakens threat to Kremlin by failing to close ownership loophole’ | Foreign Police

Britain has frustrated its EU allies and weakened the West’s financial threat to the Kremlin by failing to close a loophole that will ensure London property remains a safe haven for Russian money, sources say diplomats in Brussels. The new legislation, described as the ‘toughest ever’ by Foreign Secretary Liz …

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UK aims for ‘investment big bang’ with Solvency II reform

Ministers strike a deal with city watchdogs to trigger what Boris Johnson has called an ‘investment big bang’ as the PM seeks to prove post-Brexit regulatory changes can boost the economy . Johnson and Chancellor Rishi Sunak want to reform so-called Solvency II rules, passed while Britain was in the …

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Gove calls for devolution of commercial tariff control to England’s mayors

Control of England’s main commercial property tax should be given to directly elected mayors to boost investment, according to the minister overseeing the UK government’s ‘race to the top’ program to tackle regional inequality. Following the launch of his long-awaited policy white paper outlining plans to improve ‘left behind’ parts …

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FirstFT: UK and US finalize Russian sanctions plans

Hello. This article is an on-site version of our FirstFT newsletter. Sign up for our Asia, Europe/Africa or Americas edition to get it delivered straight to your inbox every weekday morning Russian oligarchs with ties to President Vladimir Putin who have British investments will be hit with tough new sanctions …

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UK to introduce new laws to target Russian banks and oligarchs with sanctions

The UK will introduce new legislation to impose tougher sanctions on Russian banks, energy companies and “Kremlin-friendly oligarchs”, Foreign Secretary Liz Truss announced on Sunday, amid growing tensions between the Ukraine and Moscow. “We will introduce new legislation so that we can hit targets, including those that are essential to …

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How the Brexit doommongers got it wrong: Britain’s economy is back in power

As Britain settles into the post-Brexit era, it would be wrong to judge Britain’s world-class financial sector and the strength and creativity of the economy by appearances. Covid and working from home have left the normally crowded lanes of the City of London and the crowded squares among the towers …

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The Guardian’s Perspective on Boris Johnson’s Britain: Crisis to Crisis | Editorial

IIf the Tory party could be summed up in one word, it would be power. Conservatives have dominated the 19th, 20th and – until now – 21st centuries. Their most successful leaders anticipated the national mood and shaped their party to capitalize on it. Boris Johnson won the last election …

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An Indian start-up mandated by the mayor’s office of London to create a gaming hub

Local gaming start-up Microgravity has been appointed by the London Mayor’s Office to set up an augmented and virtual reality (AR / VR) gaming arena in the city. The deal is expected to be finalized within the next fortnight, Rahul Bhattacharya, chief executive of Microgravity, said in a recent interaction. …

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Injured Prime Minister and struggling economy force England to ‘become Swedish’ on Covid | Larry Elliott

gGovernment policy vis-à-vis Covid-19 has come full circle. For now, at least, England has returned to the Swedish way of dealing with the pandemic. The severe and officially imposed blockades are over. Trusting people to do the right thing is back. It remains to be seen whether this approach will …

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Brexit news: UK to overtake all other G7 economies in 2022 – beating US and Germany | United Kingdom | News

Boris Johnson: Brexit will fix ‘broken’ British economic model Goldman Sachs economists predicted the UK economy to jump 4.8% next year, significantly exceeding the 3.5% forecast for the United States, 4% for Germany and 4.4% for the United States. behemoths of the European Union, France and Italy. In a further …

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UK reports record 122,000 coronavirus cases

The UK reported a record 122,000 coronavirus cases on Friday, leaving Boris Johnson awaiting new data on people hospitalized with the Omicron variant before deciding whether further post-Christmas Covid restrictions will be needed in England . The Prime Minister and key members of his cabinet will meet after Christmas to …

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Covid news live: UK warned of 2 million infections per day; Germany restricts travel from UK | World news

8:58 am GMT 08:58 British minister criticizes refusals of vaccines UK Health Minister Sajid Javid said unvaccinated people were “taking hospital beds” which could be used for someone else. Speaking on Sky News, Javid said that 10% of the population – more than 5 million people – still had not …

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US stocks fall after report showing sharp rise in producer prices

U.S. stocks fell after a report said U.S. wholesale prices rose at a record pace last month, further increasing pressure on the Federal Reserve to end its buying program more quickly of bonds. Wall Street’s benchmark S&P 500 fell 0.7% at the start of trading in New York, the tech-focused …

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Covid: Traffic and use of public transport down as guidance work reintroduced in England

Work at home which went into effect today had an immediate impact on traffic levels and the number of people using public transport across England, new statistics show. The government has urged people to work from home whenever possible starting Monday, under the new Plan B borders brought amid growing …

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UK government launches plan to ease charge limit on pension fund investments

A fee limit protecting UK retirement savers from high fees is set to be relaxed further amid proposals to get pension funds to invest billions of pounds in unlisted investments like capital investment. On Tuesday, the government will announce its intention to exclude from the cap on corporate pension fees …

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UK to apply new Covid rules from Tuesday

The British government on Sunday defended the pace and scale of its response to the new Omicron strain of Covid-19 against criticism that it was late again. Health Secretary Sajid Javid said compulsory mask wear would return to shops and public transport in England on Tuesday, and told families to …

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Parthenon marbles should never have been removed, writes Boris Johnson | Parthenon marbles

Boris Johnson believed in 2012 that the Parthenon sculptures “should never have been removed from the Acropolis” and admitted that ideally they would continue to be seen in their entirety in Athens, reveals a letter shared with the Guardian. Writing to a Greek provincial official, the then Mayor of London …

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PM announces electric vehicle revolution

World-class regulations for new homes and buildings in England announced as government pursues electric vehicle revolution At the CBI, the Prime Minister expected the Green Industrial Revolution to be the greatest opportunity to unite and upgrade the UK, government and business working in partnership. Comes as the government invests nearly …

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Why are the UK and the EU still arguing over Brexit?

LONDON – ‘Get Brexit done’ was British Prime Minister Boris Johnson’s slogan when he ran for office two years ago. Since then, the UK has withdrawn from the European Union after more than four decades of membership and several years of wrangling over divorce terms. And yet the bickering continues: …

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UK trade deals should prioritize economic growth over environmental protection – government document leaked | UK News

Britain should prioritize economic growth over environmental protections in trade deals, according to a leaked government document obtained by Sky News. Environmental guarantees should also not be treated as a red line when other countries demand that they be broken. commercial agreements, according to the document prepared by officials of …

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US military to ‘save’ a failing pandemic economy

Five days after President Joe Biden’s appeal to Chinese President Xi Jinping that many believed was a conciliatory move, the United States announced the secret military pact with the United Kingdom and Australia called Aukus, with an agreement for the supply of eight nuclear submarines to Australia. This would make …

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Central bankers move towards “normalization”

Bulletin: The Road to Recovery Expert coverage on the recovery of business and the economy after the pandemic. Delivered 3 times a week. This article is an in-place version of our Road to Recovery newsletter. Sign up here to receive the newsletter straight to your inbox three times a week …

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Another lockdown could cost UK economy £ 30bn

Economists warn UK economy could take £ 30bn and see supply shortages worsen if government enforces another lockdown By Alex Lawson, Financial Mail On Sunday Posted: 21:51, September 18, 2021 | Update: 22:02, September 18, 2021 Britain’s economy could take a severe blow of £ 30 billion and see supply …

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MORNING BID Freedom Day on Love Island

People arrive for the “00:01” event hosted by Egyptian Elbows at Oval Space nightclub, as England lifted most restrictions on coronavirus disease (COVID-19) at midnight in London, UK. Great Britain, at the beginning of July 19, 2021. REUTERS / Natalie Thomas A look at the day ahead by Julien Ponthus. …

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Nervousness over new wave of Covid blocks economic recovery in UK

Consumers visited and spent less in UK shops, bars and restaurants in June, according to new data, suggesting that the economic recovery has lost momentum following an increase in Covid-19 infections. Prime Minister Boris Johnson announced on Monday that he intends to move forward with removing all remaining coronavirus restrictions …

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Sunak ready to reap the rewards of economic recovery

Chancellor Rishi Sunak is expected to secure a windfall in public finances in the fall, as the UK’s strong economic recovery from the coronavirus crisis rapidly improves the government’s borrowing outlook, according to a Financial Times analysis. Sunak should be given the opportunity to invest more in utilities that have …

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UK takes slow road to escape risk in Scotland

Scottish First Minister and Scottish National Party Leader Nicola Sturgeon launches her manifesto in Glasgow, Scotland, Britain on April 15, 2021. The UK is taking the slow road to balkanization. Last week’s regional elections saw Prime Minister Nicola Sturgeon’s Scottish National Party and British Prime Minister Boris Johnson’s Conservative Party …

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