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By: Stefan Boscia

Stefan Boscia is CityAM's political correspondent.

All 3064 Articles
  • Johnson green lights £30bn Sizewell C nuclear power station

    August 21, 2022

    Boris Johnson has given the green light to a new £30bn nuclear power station in Suffolk in the final weeks of his premiership. Johnson and chancellor Nadhim Zahawi approved funding for the construction of two new reactors, known as Sizewell C, despite the Prime Minister vowing to not make decisions in this transitional period. Zahawi’s [...]

  • Ministers consider plans to bail out businesses facing energy price spikes

    August 21, 2022

    The government is considering plans to bail out businesses this year as they face soaring energy prices over autumn and winter. Chancellor Nadhim Zahawi is drawing up different options for the next Prime Minister to consider when they are sworn in next month. The Sunday Times reports that measures such as VAT and business rates [...]

  • Truss vows to slash taxes for SMEs and to unleash ‘business revolution’

    August 21, 2022

    Liz Truss has promised to slash taxes for British SMEs and unleash a “business revolution” in the UK if she is crowned Prime Minister next month. Truss said that her government would “back business to deliver” and “stop putting so much red tape, so much tax on business”. The foreign secretary told The Sun On [...]

  • Unions slam P&O Ferries owner after it announces record £600m profits

    August 18, 2022

    Unions have slammed the “corporate gangster” owners of P&O Ferries, who sacked 786 British workers this year, after the company announced record first half profits today. DP World recorded a first-half profit of $721m (£598m) – a 51.8 per cent year-on-year increase. Frances O’Grady, general secretary at the Trades Union Congress (TUC), told CityAM [...]

  • Mick Lynch: Rail unions can still afford months more strikes

    August 18, 2022

    Rail unions can afford to go on strike for months more and there will be a “wave of solidarity” across the labour movement this year, according to the chief of the National Union of Rail, Maritime and Transport Workers (RMT). RMT general secretary Mick Lynch today said his members were “completely committed” to strike action [...]

  • Truss and Sunak admit NI Protocol Bill won’t pass parliament any time soon

    August 17, 2022

    Rishi Sunak and Liz Truss have admitted the government’s plan to override the post-Brexit Northern Ireland Protocol will not pass through parliament for some time, with the deadlock set to continue for the foreseeable future. Both of the Tory leadership contenders said they were committed to the Northern Ireland Protocol Bill during a Belfast hustings, [...]

  • Truss has 32-point lead over Sunak in latest poll of Tory members

    August 17, 2022

    Liz Truss is still leading Rishi Sunak by 32 points in the latest poll of Tory members as the foreign secretary inches closer to becoming Prime Minister. The ConservativeHome poll, out today, showed Truss was on 60 per cent and Sunak was on 28 per cent. The latest result is consistent with a string of [...]

  • Brexit: UK launches ‘formal dispute’ against EU over Horizon delay

    August 16, 2022

    London has launched a formal dispute against the EU for its decision to block the UK from its €95bn science programme post-Brexit. Foreign secretary Liz Truss tonight announced the UK government had begun “formal consultations” over the long-running row and has written to the EU to “launch dispute resolution proceedings”. This is the first time [...]

  • Australian PM Anthony Albanese says Scott Morrison ‘trashed democracy’ in cabinet scandal

    August 16, 2022

    Former Australian Prime Minister Scott Morrison was guilty of an “unprecedented trashing of our democracy” when he secretly appointed himself to five ministerial roles, according to current PM Anthony Albanese. Albanese said Morrison, who lost this year’s General Election, “deliberately undermined the checks and balances that are so important and essential for our democracy” and [...]

  • Exclusive: Whitehall frustration at Johnson’s October deadline for UK-India trade deal

    August 12, 2022

    Whitehall officials have raised concerns about Boris Johnson’s October deadline for a UK-India trade deal, with suggestions the PM’s “freestyling” could mean a lighter agreement than originally hoped. Johnson and Indian Prime Minister Narendra Modi agreed during an April meeting that there would be a “trade deal by Diwali”, which is on 24 October this [...]

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