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Why Rishi Sunak won’t live at No.11 Downing Street

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Rishi Sunak will return to live at Downing Street, opting for the flat above No.10

Rishi Sunak will return to live at Downing Street, opting for the flat above No.10 instead of the flat above No. 11.

Sunak and his family actually lived in this very residence while he was Chancellor under Boris Johnson.

Despite the British prime minister’s office being located at Number 10, every leader since Tony Blair has lived in the flat above Number 11.

This is because it’s actually more spacious and better for families.

When asked why Sunak has opted for Number 10, a Downing Street spokesperson said “they were very happy there.”

Credit: The Time

This follows the PM speculating during the summer leadership contest that his family would ‘probably just move back into the flat where [they] used to live’, if he won.

No. 11 is officially designated for the Chancellor, with Tony Blair and his family the first to make the switch, swapping homes with the then-unmarried Gordon Brown.

First PMQs

Rishi Sunak has faced his first prime minister’s questions, clashing with opposition leader Sir Keir Starmer and undoing the work of Liz Truss in just one day.

Starmer is calling for a general election.

Today, Sunak reintroduced the Conservatives’ moratorium on fracking in England, going against Truss’ decision to lift the ban in areas where there was local consent.

This controversial practice for removing gas and oil from the ground was halted in 2019 after concerns were raised about earth tremors.

Credit: BBC

Meanwhile, Starmer accused the PM of making a “grubby deal” to reappoint Suella Braverman as home secretary.

“He’s done a grubby deal, trading national security because he was scared to lose another leadership election”

sir keir starmer, uk opposition leader
Credit: Financial Times

This of course comes just six days after she resigned over data breaches.

Rishi Sunak says Braverman made an error of judgement and has since apologised.

“[Starmer] talks about votes, about mandates, about elections. It’s a bit rich coming from the person who tried to overturn the biggest democratic vote in our country’s history.”

rishi sunak, uk prime minister
FILE PHOTO: British Attorney General and Conservative leadership candidate Suella Braverman attends the Conservative Way Forward launch event in London, Britain, July 11, 2022. REUTERS/Henry Nicholls

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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The EV transformation expands to legacy vehicles

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This week witnessed another milestone in the automotive industry as the legendary Mercedes-Benz G-Wagen embarked on its electric journey, aligning with global sustainability efforts.

Simultaneously, Toyota and Mazda debuted EV offerings tailored for the booming Chinese market, signalling a strategic shift towards collaboration with advanced Chinese partners.

While the electric G-Wagen promises both eco-friendliness and off-road prowess with its innovative design, questions arise about Japanese automakers’ perceived lag in EV development, countered by the strategic imperative to tap into the rapidly growing Chinese EV market. As automotive icons embrace electrification and traditional players adapt through partnerships, it’s clear that collaboration and innovation will drive the future of mobility.

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The degree dilemma, income shifts, debt, and dream homes

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As individuals face the daunting choice between paying off student debt, saving for a first home deposit, or exploring alternative options like rentvesting, careful consideration of various factors becomes imperative.

 

In the midst of these challenges, a couple in the inner north ingeniously employed a strategy to realise their dream of a larger home while managing HECS debt and affordability hurdles.

Rentvesting emerges as a viable solution for individuals grappling with the burdens of high HECS debt and property affordability issues.

Moreover, the decreasing income premium tied to a university degree is closely intertwined with changing economic dynamics and shifts in the job market, underscoring the need for innovative approaches to education and financial planning in today’s society.

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President Biden signs TikTok bill – what’s next?

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TikTok users could soon find that the popular social media service is either under new ownership or could be outright banned in the United States.

President Joe Biden signed a bill into law that requires TikTok to find a new owner—or face a ban in the United States.

Over the past several months, Washington D.C. has been under pressure to ban the popular Chinese-owned social media app.

Lawmakers and security experts have long raised concerns that the Chinese government could tap TikTok’s trove of personal data about millions of U.S. users.

TikTok’s CEO said the bill is disappointing and reiterated that the company has committed to challenge it.

David Zhang from China Insider. joins Veronica Dudo to discuss

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