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By BOOM Team Rishi Sunak, UK's newly elected prime minister is already facing the first rebellion from Tory MPs over UK's plans for new housebuilding targets. The UK parliament was set to take a vote on new housing targets next Monday but was delayed after Conservative MPs signed an amendment to abolish certain sections of the new bill. The vote has been delayed after dozens of MPs threatened to rebel,The Telegraph reported. The report said that 50 Conservative MPs signed an amendment to the Levelling-Up and Regeneration Bill in a bid to abolish the mandatory house-building targets for local a...
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By The Conversation Following his uncontested run at the top job, Rishi Sunak acquires the less-than-coveted title of second successive un-elected British prime minister to take office in 2022. However, coming from Punjabi heritage, he also takes on the more esteemed title of the nation's first British Asian leader. Sunak was born in the southern English port city of Southampton in 1980. His father, Yashvir, was a family doctor and his mother, Usha, a pharmacist. They were born and brought up in present-day Kenya and Tanzania, respectively, before moving to the UK. Sunak's grandparents on both...
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By The Conversation As the incoming UK prime minister, Rishi Sunak has the immediate advantage of perceived success in his two years as chancellor. His tenure ended last July when he resigned due to a difference of opinion with then-prime minister Boris Johnson over the economy. But during his time as chancellor, he is credited with rescuing households and businesses from the effects of the COVID pandemic lockdowns by launching an innovative and impressively timely furlough scheme. He reversed a "small state" approach to become the private sector's temporary paymaster, spending an unprecedente...
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By The Conversation Liz Truss's resignation as the leader of the Conservative party immediately triggers a contest to replace her as prime minister. After the turmoil of recent months, it has been decided that the contest will be short and sharp. Candidates will need the backing of 100 of their fellow Conservative MPs to run by Monday, which means there will be a maximum of three candidates. A successor will be announced in one week. A new prime minister will therefore be in place by October 28. Liz Truss resigns. This is how the field stands so far. Jeremy HuntJeremy Hunt took over as chancel...
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By The Conversation As Liz Truss stepped away from the lectern outside No.10 Downing Street after resigning as leader of her party, it probably occurred to her that her time as prime minister will have been only as long as the leadership campaign that got her there. When Boris Johnson walked away from No.10 there was a sense in the United Kingdom that the time had come for stability, competence and the benefits of a boring politician who could steady the ship of state. Truss's sea legs have proved remarkably shaky. She has pulled off arguably the biggest coup in British political history by ma...
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By The Conversation Leaders are watched. They are scrutinised. If you don't like the idea of being held accountable and having to answer for your actions then a leadership role is probably not for you. I don't know if such thoughts have ever occurred to Liz Truss, who is still, at the time of writing, Britain's prime minister. But perhaps the truth is beginning to dawn on her. She has picked the wrong time and place to discover that leadership may not be quite her thing. Also Read:Congress Votes For Its First Non-Gandhi Chief In 20 Years: All You Need To Know As you rise up an organisation the...
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By The Conversation Liz Truss is set to be confirmed as the new British prime minister after a lengthy and intense leadership contest against former chancellor Rishi Sunak. But the UK faces significant economic problems this autumn that might leave the new PM wishing she hadn't fought so hard for the job. Truss appealed to the members of the Conservative party – the people eligible to vote in the contest – thanks to the simplicity of her message: she promised to cut taxes, get rid of EU laws, reverse the national insurance increase and put a moratorium on the green energy levy, which sees cons...
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