News

Five things that led to Boris Johnson resigning

Published

3 years ago

July 7, 2022

Ahron Young

From partygate to bad judgement, here are the five things that led to Boris Johnson resigning as PM

The Chris Pincher affair

On Wednesday 29 June, the MP Chris Pincher – at the time, the Conservative deputy chief whip – went to a private members’ club in London. In his words, he “drank far too much”.

He was accused of groping two men. That set off a chain of events that ended with the prime minister’s downfall.

Then Downing Street kept changing its story about what the PM knew. Downing Street said Mr Johnson was not aware of “specific allegations” about Mr Pincher before appointing him as deputy chief whip in February. But it turned out to be untrue.

Partygate

The prime minister was fined for breaking his own government’s lockdown rules after he attended a gathering for his birthday.

Mr Johnson apologised for going to a “bring your own booze” party in the Downing Street garden.

Metropolitan Police issued 126 fines to 83 people for breaking lockdown rules in Downing Street and Whitehall.

The cost of living crisis

Like every country dealing with the post pandemic recovery, Britons are struggling with the rising cost of living.

While many of the reasons were outside of Boris Johnson’s control. Russia’s invasion of Ukraine, for example, has led to rises in oil prices.

And while the government cut fuel duty by 5p per litre – it also went ahead with a tax rise in April.

Owen Paterson affair

In October last year, a House of Commons committee recommended a 30-day suspension for Conservative MP Owen Paterson.

The committee said he broke lobbying rules.

But the Conservatives – led by the prime minister – voted to pause his suspension, and set up a new committee to look at how investigations were carried out.

Needless to say, it didn’t end well.

End of the line

In the end, the PM ran out of time and ideas to fix the many woes impacting Britain.

He won a huge majority on the promise of getting Brexit done. And to his credit, he cut through the clutter.

But since then, his critics said, there was a lack of focus and ideas in Downing Street.

His ex-adviser turned chief critic, Dominic Cummings, repeatedly accused him of being an out-of-control shopping trolley, veering from position to position.

News

AI stocks surge amid market shifts and spending warnings

AI sector drives economic growth; Meta adjusts strategy, Palantir’s valuation sparks questions, and Nvidia leads amid rising competition.

Published

6 hours ago

December 19, 2025

Harvey Vargas

AI sector drives economic growth; Meta adjusts strategy, Palantir’s valuation sparks questions, and Nvidia leads amid rising competition.

The artificial intelligence sector continues to be a major driver of growth for both the U.S. and global economies. Companies at the forefront of AI innovation are influencing market trends and reshaping industries worldwide.

Meta’s stock has rebounded slightly following reports of potential cost-cutting measures and job reductions in its Reality Labs division. Investors are watching closely as the company adjusts its strategy to manage rising expenses and optimize innovation.

Palantir is trading at over 120 times forward sales and 180 times forward earnings, signaling investor confidence but also raising questions about valuation risks. Meanwhile, Nvidia maintains a market cap of $4.2 trillion as a leading AI chip supplier, yet competition is ramping up.

These moves highlight the growing tension between tech giants’ AI ambitions and the practical need to balance profits with heavy R&D spending.

Some analysts, however, warn that rapid growth may not be sustainable, with current levels of AI-related spending potentially overshooting realistic returns.

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#AIStocks #TechInvesting #Nvidia #Meta #Palantir #ArtificialIntelligence #StockMarket #TickerNews

News

AI investments set to surge in 2026 as companies target productivity gains

Analysts forecast $500 billion AI investment by 2026, transforming corporate spending priorities and enhancing economic productivity.

Published

8 hours ago

December 19, 2025

Harvey Vargas

Analysts forecast $500 billion AI investment by 2026, transforming corporate spending priorities and enhancing economic productivity.

Analysts predict that artificial intelligence companies could invest over $500 billion in 2026, signaling a major shift in corporate spending priorities. This surge in capital allocation comes as businesses look to harness AI to drive growth and efficiency across multiple sectors.

Following strong third-quarter earnings, overall capital spending estimates for 2026 have been revised upward. However, investors are becoming more selective, focusing on companies that can clearly demonstrate revenue benefits from their AI investments, separating hype from tangible results.

AI adoption is expected to boost economic productivity, with significant investment already flowing into AI infrastructure such as semiconductors and data centres. The coming year could redefine how companies leverage technology to gain a competitive edge.

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#AIInvestment #TechGrowth #FutureEconomy #DataCenters #Semiconductors #ArtificialIntelligence #ProductivityBoost #CapitalSpending

News

Stocks, AI and the economy: What to expect in 2026

2025’s market turmoil analyzed: AI hype, tariffs, global politics, and Federal Reserve impacts—tune in for expert insights!

Published

8 hours ago

December 19, 2025

Harvey Vargas

2025’s market turmoil analyzed: AI hype, tariffs, global politics, and Federal Reserve impacts—tune in for expert insights!

2025 has been a rollercoaster for investors, with AI hype, tariffs, and global politics shaking up markets. We break down what these trends mean for your portfolio and the risks ahead.

Joining us for insights is Kyle Rodda from Capital.com, who explains how Treasury yields, unemployment data, and inflation readings are shaping investor sentiment. We also dive into what the Federal Reserve’s recent moves could mean for 2026.

From the potential impact of a 43-day government shutdown to payroll numbers and market expectations, this episode gives you the clarity you need to navigate the next year in stocks.

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#StockMarket #Investing2026 #AIStocks #FederalReserve #EconomyWatch #MarketTrends #FinanceNews #TreasuryYields