Boris Johnson replacement vote ousts Badenoch

Published

3 years ago

July 20, 2022

Kemi Badenoch is ousted as the Tories cast their second-last round of votes to replace Boris Johnson as the UK prime minister

Rishi Sunak emerged once again as the Tory parliamentary party favourite as the voting rounds near and end as Conservatives replace Boris Johnson.

Kemi Badenoch – a wildcard entrant who was a relative unknown outside of Westminster circles, was eliminated.

I’m grateful to my colleagues and the party members who have supported me.

This campaign began less than two weeks ago. What we’ve achieved demonstrates the level of support for our vision of change for our country and for the Conservative Party.

Thank you. pic.twitter.com/2hnk3nyynY
— Kemi Badenoch (@KemiBadenoch) July 19, 2022

This leaves Rishi Sunak, Liz Truss and Penny Mordaunt remaining.

LIZ TRUSS, THE UK FOREIGN SECRETARY, IS BEING BACKED BY THE RIGHT WING OF THE CONSERVATIVES TO REPLACE BORIS JOHNSON AS PM

There is only one more party vote to take place, which will see one of the remaining three contestants being ousted.

PENNY MORDAUNT, WHO WAS THE UK’S FIRST FEMALE DEFENCE SECRETARY IN 2019

After that, the final two will face a postal ballot of the entire UK Conservative membership.

RISHI SUNAK, FORMER UK CHANCELLOR AND CURRENT FRONTRUNNER AMONG PARLIAMENTARY TORIES AS THEY VOTE TO REPLACE BORIS JOHNSON

An estimated 160,000 members will vote and the winner of the final two candidates will become the Tory leader.

They will move into Number 10 Downing Street and take over from Boris Johnson on September 5th as prime minister of the United Kingdom.

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.

Published

3 hours ago

November 26, 2025

Harvey Vargas

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

News

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.

Published

3 hours ago

November 26, 2025

Harvey Vargas

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

News

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.

Published

3 hours ago

November 26, 2025

Harvey Vargas

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