UK Mulling Bailout for Tech Firms After Silicon Valley Bank Collapse
Authorities in the UK are considering a possible bailout for tech firms after the collapse of the UK branch of the Silicon Valley Bank.
Authorities in the UK are considering a possible bailout for tech firms after the collapse of the UK branch of the Silicon Valley Bank.
Former prime minister Liz Truss has spoken out on her ouster, saying a MPs within her own party who have bought into leftist tax-and-spend orthodoxy, the deep state, and foreign actors including U.S. President Joe Biden killed her premiership before she had “a realistic chance” to govern.
British security chiefs are warning Communist China could use a Central Bank Digital Currency (CBDC) to monitor and control citizens – while the British state is itself working on a CBDC.
Jeremy Hunt confirmed that once again a Conservative government will raise taxes, a blow to any hope of Liz Truss governing as a Thatcherite.
The British government has insisted it has no idea how much debt it owes to foreign states, including effectively hostile powers such as Russia and Communist China.
Sajid Javid, the new Chancellor of the Exchequer, says there “should be no doubt” that Britain is leaving the European Union on October 31st, and that Her Majesty’s Treasury is now “turbocharging” its preparations for a No Deal Brexit in case the bloc refuses to improve on the deal it offered Theresa May.
Chief Secretary to the Treasury Lizz Truss MP has backed a No Deal Brexit over a long extension to the Article 50 negotiations with the European Union — pushing Brexit day far into the future, and possibly preparing the way for its ultimate cancellation — indicating she does not believe the more lurid scare stories peddled by Project Fear.
Post-referendum Britain has defied the scaremongers to post its largest budget surplus since records began, strengthening its hand against the ailing European Union as the Brexit deadline looms.
Britain’s finances are in better shape than expected, helping Treasury chief Philip Hammond avoid tax increases when he delivers his budget to the House of Commons next week.
The UK’s net contribution to Brussels is forecast to soar by more than four billion pounds — over 51 percent –between the year the country voted for Brexit and the year it leaves the bloc.
Pro-Brussels members of government and the cabinet, principally Chancellor Philip Hammond and those in the Treasury, are “cooperating” with big business to undermine Brexit and the will of the people, leading Tory Brexiteer Jacob Rees-Mogg has warned.
Former chancellor and senior Brexit campaigner Lord Lawson has warned that civil servants will “do their best to frustrate” Britain’s exit from the European Union (EU).
With his position in Cabinet reportedly on the line, Chancellor of the Exchequer Philip Hammond has delivered an Autumn Budget which he claims will prepare Britain for Brexit.
Chancellor Philip Hammond could be grilled by MPs on why many of the Bank of England’s senior staff are white and male.
Pro-EU diehards in Britain suffered fresh embarrassment on June 12th as unemployment fell to a 43-year low, despite high-profile official warnings that a Brexit vote would push it up by 500,000.
Long thought to have been fighting a rearguard action against Brexit within the Tory Cabinet, Chancellor of the Exchequer Philip Hammond has conceded Britain will leave the bloc, its Single Market and its Customs Union – with a few caveats.
Ministers in Britain’s new minority administration are predicting “utterly bitter, trench warfare” in the House of Commons, as Europhile politicians attempt to dilute or derail Brexit.