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Is this the beginning of the end for UK’s PM Boris Johnson?

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Intense pressure is mounting on the British leader to stand down as two senior ministers quit

Chancellor Rishi Sunak and Health Secretary Sajid Javid announced their resignations from Boris Johnson’s cabinet today.

Sunak and Javid both sent resignation letters to the prime minister within minutes of each other, both taking aim at his ability to run an administration adhering to required standards.

Sunak, a long time ally of Johnson, says the public expect “government to be conducted properly and seriously”.

While Javid told the PM he can no longer continue serving the current government in good conscience.

He arrived back at his home just moments ago, with the intention of spending some time with his family.

The resignations follows Johnson apologising for appointing Conservative M-P Chris Pincher to his government.

Before the appointment, Johnson admits he had previously been briefed that the politician had been subject to a number of sexual misconduct complaints.

Speaking to the BBC earlier, Johnson says it was a “mistake” to put his faith behind a man who is known as “Pincher by name, Pincher by nature.”

If Johnson does go, Foreign minister Liz Truss is considered a leading contender, but at this stage she says she is “100% behind the PM”.

Meanwhile, Labour leader Sir Keir Starmer says it’s “clear the government is now collapsing”

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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RBA holds rates as investors shift from property to stocks

RBA holds rates at 3.6%, shifting investor focus from property to potential stock market gains amid persistent inflation pressures.

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RBA holds rates at 3.6%, shifting investor focus from property to potential stock market gains amid persistent inflation pressures.


The Reserve Bank of Australia has held interest rates at 3.6 percent, signalling a steady approach as inflation pressures persist and prompting investors to reassess their strategies in an uncertain climate.

The decision has shifted attention away from the property market, with experts suggesting the stock market may offer stronger opportunities, especially for those looking to outpace inflation over the long term.

We speak with Dale Gilham from Wealth Within about what the RBA’s call means for investors, why confidence in housing is changing, and what smarter financial choices look like in 2025.

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#RBA #Interestrates #AustraliaEconomy #StockMarket #InvestingTips #WealthWithin #FinanceNews #TickerTV


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U.S. retail sales slowdown sparks new fears ahead of Fed decision

U.S. retail sales weaken, raising concerns about consumer spending and economic resilience ahead of the holiday season.

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U.S. retail sales weaken, raising concerns about consumer spending and economic resilience ahead of the holiday season.


Retail sales in the U.S. have unexpectedly weakened, raising new questions about consumer strength and the resilience of the economy. As Americans pull back on spending, analysts are watching closely to see whether this signals a broader shift toward caution in the lead-up to the holiday shopping period.

The slowdown has amplified uncertainty around the Federal Reserve’s next move on interest rates, as policymakers weigh mixed economic signals against cooling demand. With some categories falling sharply, economists warn that faltering retail activity could ripple into GDP forecasts and overall market confidence.

Brad Gastwirth from Circular Technologies joins us to break down which categories were hit hardest, why shoppers are becoming more value-conscious, and what this means for the economy heading into 2025.

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#RetailSales #USEconomy #FederalReserve #ConsumerSpending #EconomicOutlook #MarketUpdate #InterestRates #TickerNews


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xAI’s $15 billion raise, deadline pressure and Grokipedia launch

Elon Musk’s xAI plans $15 billion funding round, reaching $230 billion pre-money, amid fierce AI sector competition.

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Elon Musk’s xAI plans $15 billion funding round, reaching $230 billion pre-money, amid fierce AI sector competition.


Elon Musk’s artificial intelligence startup xAI is preparing to close a huge $15 billion funding round next month, valuing the company at $230 billion pre-money. The raise highlights the intense investor appetite for advanced AI platforms as competition heats up across the sector.

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#xai #elonmusk #ai #startupnews #grok #grokipedia #technews #fundinground


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