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Originally published 2011
Authors Patrik Aspers
Date of Reg.
Date of Upd.
ID2922704
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About Markets


Our lives have gradually become dominated by markets. They are not only at the heart of capitalistic economies all over the world, but also central in public debates. . . .

Autumn Statement: Jeremy Hunt cuts National Insurance but tax burden still rises

Autumn Statement: Jeremy Hunt cuts National Insurance but tax burden still rises
Nov 22,2023 3:31 pm

... " Conservative MP Kwasi Kwarteng - who was forced to resign as chancellor after his tax-cutting plans sparked a backlash from financial Markets - said Mr Hunt s statement was " a tentative step in the right direction" which would be welcomed by " core Conservative voters"...

What the chancellor really means when he says tax cuts are 'impossible'

What the chancellor really means when he says tax cuts are 'impossible'
Nov 17,2023 1:41 am

... Here are some things to contemplate when judging any chancellor s claims: Playing by your own rulesAlmost all rich countries have a set of rules, to maintain credibility with financial Markets, but it s the government which sets its own rules...

CPTPP: UK agrees to join Asia's trade club but what is it?

CPTPP: UK agrees to join Asia's trade club but what is it?
Jul 15,2023 9:50 pm

... What changes? The key perk is greater access to each other s Markets, and a pledge to eliminate or reduce 95% of import charges or tariffs...

Absolut Vodka halts exports to Russia after backlash

Absolut Vodka halts exports to Russia after backlash
Apr 18,2023 12:00 pm

... On Friday, the Kremlin published a list of goods from numerous foreign Markets - including carmakers and technology companies - that the government has included in its parallel imports scheme...

Eurostar trains carrying 30% fewer passengers

Eurostar trains carrying 30% fewer passengers
Jan 24,2023 7:31 pm

... " These are the main cities, these are the main Markets...

Cost of living: 'We've got to sell our family home due to mortgage rise'

Cost of living: 'We've got to sell our family home due to mortgage rise'
Nov 14,2022 2:11 pm

... A government spokesperson said: " We have taken action to restore immediate stability to the economy and Markets - including mortgages - and that remains our focus as we approach the autumn statement...

Sunak leads among Tory MPs but Johnson camp claims growing support

Sunak leads among Tory MPs but Johnson camp claims growing support
Oct 22,2022 4:20 pm

... She stood down on Thursday, after a series of humiliating U-turns forced on her by an adverse reaction to her tax policies in the financial Markets...

Did the mini-budget cause market turmoil?

Did the mini-budget cause market turmoil?
Oct 12,2022 10:51 pm

...By Reality Check teamBBC NewsThe government has been defending its mini-budget, following days of turmoil on the Markets, a fall in the value of the pound and rises in the cost of UK government borrowing and mortgage rates...

Sunak leads among Tory MPs but Johnson camp claims growing support

Oct 11,2022 1:11 pm

Rishi Sunak continues to forge ahead in the Conservative Party leadership race, gathering the support of 127 MPs.

Boris Johnson is currently in second place, with his campaign claiming he has the backing of 100 MPs.

However, Mr Sunak's supporters raised doubts over The Number of backers Mr Johnson has and they called for the former PM to show proof.

Penny Mordaunt is the only candidate to officially declare they are in The Race , but she lags behind on support.

The Bbc 's Laura Kuenssberg said that Mr Sunak and Mr Johnson had met on Saturday evening, but she was not sure " if any conclusions or news was likely to come out of it tonight".

According to The Bbc 's running total of MPs who have gone on the record with support, Mr Sunak has 127 backers, to Mr Johnson's 53 and Ms Mordaunt's 23.

The voting intentions of only 203 out of 357 Conservative MPs are currently known and have been verified by The Bbc , leaving many still to declare their interest.

The Hopefuls have until 14:00 BST on Monday to declare they have got the support of 100 MPs, qualifying them for The Next stage of The Race .

It will then go to an online ballot of the Conservative Party membership, with the result to be announced on Friday.

But if The Party 's MPs get behind just one candidate, we could have a new Prime Minister by Monday afternoon.

Polling suggests Mr Johnson would be favourite to win a members' vote.

Throughout Saturday, MPs were publicly declaring support for their favoured candidate.

International Trade Secretary Kemi Badenoch earlier to be The Next Prime Minister , throwing her weight behind Mr Sunak.

Ms Badenoch - who made a big impact in The Last Tory leadership Contest - we need".

She joined a growing list of Sunak backers, even though the ex-chancellor has yet to officially declare he is standing.

Mr Sunak's supporters include former chancellor and health secretary Sajid Javid , Security Minister Tom Tugendhat and former deputy Prime Minister Dominic Raab .

Pointing to the parliamentary probe facing Mr Johnson, Mr Raab told The Bbc : " We cannot go backwards. We cannot have another episode of the Groundhog Day , of the soap opera of Partygate".

He Said he was " very confident" Mr Sunak would stand, adding: " I think the critical issue here is going to be the economy. Rishi had The Right plan in the summer and I think it is The Right plan now. "

Among supporters of Boris Johnson is former home secretary Priti Patel Who Said he could bring together a united team and lead the UK to a stronger and more prosperous future.

Business Secretary Jacob Rees-Mogg and Transport Secretary Anne Marie Trevelyan have also thrown their weight behind the former PM.

Meanwhile Andrea Leadsom , former business secretary, said Ms Mordaunt was the unifying candidate; an experienced minister and a " robust Brexiteer".

Launching her campaign on Twitter on Friday, Ms Mordaunt said she would " unite Our Country , deliver our pledges and win The Next [general election]".

Mordaunt backer Conservative MP Bob Seely said " I think we owe the country a collective responsibility to apologise" and said he believes Ms Mordaunt has The Best chance of providing " unity and leadership" within The Party .

Mr Johnson's potential bid to return to power comes just Seven Weeks after his final day in No 10.

His successor, Liz Truss , is the UK's shortest-serving Prime Minister , stepping down after 45 days in power.

She stood down on Thursday, after a series of humiliating U-turns forced on her by an adverse reaction to her tax policies in the financial Markets .



Source of news: bbc.com

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