Rishi Sunak News
31.07 / 07:29
UPS
Target
country
UK says will issue 'hundreds' of new oil, gas licences in North Sea
UK government said Monday it would issue «hundreds» of new oil and gas licences in the North Sea to secure energy reserves while still aiming for net zero carbon emissions by 2050. «Investment in the North Sea will continue to unlock new projects, protect jobs, reduce emissions and boost UK energy independence,» Prime Minister Rishi Sunak's office said in a statement.
31.07 / 07:17
Rohan Narayana Murty: Billionaire Narayana Murthy's son, who pioneered his own path to excellence in technology and innovation
Rohan Narayana Murty has carved a distinctive journey for himself while also supporting his renowned parents, Sudha and N.R. Narayana Murthy, the founders of Infosys. His upbringing in a supportive and famous family fostered a passion for programming from an early age.
29.07 / 07:13
Art
track
country
Sunak
PM Rishi Sunak very much looking forward to G20 summit in September: UK envoy
Rishi Sunak is very much looking forward to attending the G20 Summit in New Delhi in September, UK High Commissioner in India Alex Ellis has said. Interacting with PTI on Friday on the sidelines of a preview of an art exhibition here, Ellis said he thought it was «great» that India is in the chair of the G20. India assumed the G20 presidency on December 1, 2022.
29.07 / 03:51
28.07 / 03:35
Citi
Target
beautiful
social
Sunak
‘Desperate nonsense’: London Mayor Sadiq Khan clashes with Prime Minister Rishi Sunak over housing crisis
reality again for Londoners," Sunak said. In response to Sunak's criticism, City Hall, led by Mayor Sadiq Khan, countered that the Tories were attempting to distract from their inaction on the mortgage crisis.
27.07 / 04:27
Target
Career
Action
show
stage
Doctors in England escalate pay dispute as they announce another 4-day walkout in August
Tens of thousands of doctors in Britain’s state-funded health service will go on strike for a further four days in August as their pay dispute with the government shows few if any signs of resolution
26.07 / 12:21
economics
UK
IMF
Global
UK outlook upgraded by IMF but remains second slowest G7 economy
The IMF said the improvement was a result of 'stronger-than-expected consumption and investment from the confidence effects of falling energy prices'.
25.07 / 19:11
COST
performer
Call on UK plant must be taken within next year: Tata Steel MD
Tata Steel will have to take a call on the future of its operations in the United Kingdom within the next year as some of its assets there approach the end of their operational life, managing director TV Narendran said. «Some of the assets are going to come to the end of life, so we need to take that call anyway. The government also knows that.
24.07 / 12:23
COST
Target
Progressive
net zero
Sunak
NOT
UK PM Sunak: net zero is important but do not want to add to bills
Rishi Sunak said on Monday that the government's net zero targets were important to him, but he did not want to do anything that will add to people's bills at a time of high inflation. Britain in 2019 became the first member of the Group of Seven wealthy nations to set a net zero target, but some in Sunak's Conservative Party have criticised the net zero agenda for being too expensive.
21.07 / 09:17
show
Sunak
Deal
National
NOT
UK PM Sunak: By-election win shows next national election is not 'a done deal'
Rishi Sunak said a local by-election victory by his governing Conservative Party showed that the outcome of the next national general election was not «a done deal.» «No one expected us to win here,» Sunak told reporters after his party unexpectedly retained a parliamentary seat previously held by former prime minister Boris Johnson. «Westminster has been acting like the next election is a done deal, the Labour Party has been acting like it's a done deal.
21.07 / 06:09
business
regulation
banking
UK government
Customers
UK banks risk losing licenses for debanking customers over political views
The British government is reportedly set to announce measures that could see banks stripped of their license if they choose to debank customers due to their political views.
20.07 / 17:25
Provident
Williams
Monarch
country
Deal
King Charles III
Public funding for King Charles III and royals has been recalculated due to windfarm deal profits
The U.K. Treasury says the amount of public funding for King Charles III and the royal family’s official duties has been recalculated for next year because of an unexpected profit boost from offshore wind farms on the monarch’s Crown Estate
19.07 / 16:45
UPS
VISA
Action
Metro
show
country
The British economy is haunted by the ghosts of Brexit
This week, the UK will see rail strikes as workers demand significantly higher pay raises. From Sunday, workers on London’s fabulous metro are threatening industrial action. Earlier this month, it was the turn of doctors of the National Health Service (NHS), who rejected Prime Minister Rishi Sunak’s offer of a 6% salary hike and are demanding 35% to catch up with what in developed-world terms has been runaway inflation.
19.07 / 09:25
19.07 / 07:07
COST
Target
Reuters
Boeing
UK inflation slows sharply to 7.9% in June
inflation fell by more than expected in June and was its slowest in more than a year at 7.9%, according to official data that will ease some of the pressure on the Bank of England to keep on raising interest rates sharply.Sterling fell as the Office for National Statistics said the consumer price inflation growth rate was its lowest since March of last year but remained above the pace of price growth in many other big, rich economies. Economists polled by Reuters had forecast that the CPI rate in the 12 months to June would drop to 8.2% from May's 8.7%, moving further away from October's 41-year high of 11.1% but still far above the BoE's 2% target.
19.07 / 02:05
UPS
Provident
FIVE
Reuters
Booking
Manufacturing
Tata JLR set to unveil plans for electric car battery plant in UK: Report
Tata Motors-owned Jaguar Land Rover (JLR) is set to announce its plans to build a flagship electric car battery plant in the UK, a source familiar with the matter said as reported by Reuters. Tata had been choosing between a site in Somerset, southwest England, and one in Spain to supply a new range of electric Jaguar and Land Rover vehicles. Bloomberg was first to report on Tuesday that the factory was set to be announced this week.
18.07 / 16:57
Progressive
Manufacturing
UK set to secure commitment from Tata Group to build electric Jaguar and Land Rover battery plant
Tata Group to build a battery plant supplying a new range of electric Jaguar and Land Rover models. Tata has chosen a site in Somerset, west England, owned by Salamanca Group, an investment and advisory business with roots in real estate, people familiar with the plans said. The Indian parent of the British brands will outline its decision as soon as this week, said the people, declining to be named discussing non-public information. Tata previously considered building its battery site in Spain, but a decision in favor of the UK will help to secure the future of JLR’s plants in its traditional home market. The cell factory will have an eventual capacity of 40 gigawatt hours, enough to supply roughly half a million vehicles per year depending on the size of the batteries.
18.07 / 15:17
COST
UPS
GBP
Sunak
UK PM Rishi Sunak's Illegal Migration Bill clears Parliament hurdle
Migration Bill, instrumental to Prime Minister Rishi Sunak's pledge to «stop the boats» of illegal migrants entering the country's shores, has cleared its long-drawn parliamentary hurdle and will soon become law after Royal Assent from King Charles III. Under the bill, the UK's Home Secretary will have a legal duty to detain and remove anyone entering the UK illegally.
16.07 / 10:05
COST
UK defence minister to quit at next reshuffle, step down as MP
UK Defence Secretary Ben Wallace said on Sunday that he will step down from the Cabinet at the next reshuffle, expected in a few months' time, after serving four years in the job. The 53-year-old Conservative Party member of Parliament since 2005 also told 'The Sunday Times' that he will not stand as an MP at the next general election, expected next year. Wallace has served as defence minister under three British prime ministers — Boris Johnson, Liz Truss and Rishi Sunak — and has played a high-profile role in the UK's response to the Russia-Ukraine war conflict. «I went into politics in the Scottish parliament in 1999. That's 24 years. I've spent well over seven years with three phones by my bed,» Wallace told the newspaper. «While I am proud to have worked with so many amazing people and helped contribute to protecting this great country, the cost of putting that ahead of my family is something I am very sad about,» he said. The minister is believed to have informed Prime Minister Sunak of his decision to stand down from the Cabinet last month.
13.07 / 12:21
Target
Progressive
Career
Action
end
UK government offers millions of public sector workers pay raises in push to end strikes
The British government has agreed to offer millions of public sector workers pay raises in a bid to end an array of strikes, including a five-day walkout from doctors in the early part of their career in Britain’s publicly funded health service
12.07 / 05:25
Twitter
MET
MAIL
Reuters
Sunak
cricket
Watch: Rishi Sunak, Anthony Albanese engage in cricket banter at NATO summit, UK PM reminds, ‘two more to go…’
British Prime Minister Rishi Sunak and Australian PM Anthony Albanese engaged in a good-natured banter revolving around the Ashes series when the duo met during the NATO summit in Lithuania The friendly encounter between the two politicians comes in the wake of a week-long dispute between England and Australia over a regulation crease stumping that was deemed against the spirit of the game. The video that went viral shows Albanese playfully displaying a paper indicating the scoreline of 2-1 in Australia's favour, while Sunak countered with a picture of England batsmen Mark Woods and Chris Woakes celebrating their recent Test match victory at Headingley. Taking it further, Albanese produced a photo of England wicketkeeper Jonny Bairstow being controversially stumped in the previous match at Lord’s.
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