HSBC froze accounts linked to Tory peer Michelle Mone during corruption probe

HSBC froze bank accounts linked to Tory peer Baroness Michelle Mone and her husband Douglas Barrowman during an investigation that examined possible corruption in securing government contracts. An internal HSBC report, seen by the Financial Times, traces money transferred by PPE Medpro, which received £202mn of government orders for personal protective equipment in the pandemic, … Read more

Johnson and Truss join Tory rebellion over onshore wind farms

Boris Johnson and Liz Truss, Britain’s last two prime ministers, have both weighed in behind a Tory rebellion designed to end the de facto ban on new onshore wind farms — creating a fresh headache for the current premier, Rishi Sunak. Simon Clarke, levelling-up secretary under Truss’s shortlived premiership in the autumn, has written an … Read more

Sunak seeks to use Autumn Statement to lay ground for Tory revival

Chancellor Jeremy Hunt has repeatedly warned that his Autumn Statement on Thursday will be “eye-wateringly” difficult. Less has been said about how he hopes to turn this bleak exercise in fiscal discipline into a platform for a Conservative election victory in 2024. Hunt has promised to “restore trust and confidence in our national finances”, and … Read more

Former Tory minister lays into post-Brexit Australia trade deal

Former Conservative environment secretary George Eustice on Monday admitted that the UK’s post-Brexit trade deal with Australia was “not actually a very good deal” for Britain. Eustice, who led the Department for Environment, Food and Rural Affairs between 2020 and 2022, said the UK-Australia Free Trade Agreement, signed in December 2021, “gave away far too … Read more

Hunt May Delay Cuts to Shield UK Economy and Tory Election Hopes

Breadcrumb Trail Links PMN Business UK Chancellor Jeremy Hunt is expected to delay much of the £55 billion ($65 billion) of savings to fill the hole in the public finances until after the next election in an attempt to protect the economy and shore up Tory support as the country heads into recession. Author of … Read more

Tory Burch Just Majorly Marked Down Over 200 Items

Us Weekly has affiliate partnerships so we may receive compensation for some links to products and services. New markdown alert! Tory Burch just put hundreds of items on sale, and we couldn’t be more excited — especially since these prices dropped before Black Friday. We took on the task of narrowing down these sale steals … Read more