News

Liz Truss rewards loyal supporters with Cabinet roles on day one of leadership

Published

2 years ago

September 7, 2022

ticker NEWS

UK Prime Minister Liz Truss has rewarded her biggest supporters with new jobs in her Cabinet reshuffle

UK Prime Minister Liz Truss has revealed her new Cabinet, as she settles into day one at Downing Street.

None of those who backed her rival, Rishi Sunak will be in senior positions with some members moving to the backbench.

Kwasi Kwarteng has been named Chancellor, James Cleverly as Foreign Secretary and Suella Braverman becomes Home Secretary.

It is the first time in British history not a single white male will occupy one of the ‘great offices of state’.

Truss’s Press Secretary says the changes will “unify” the Tory Party, which pushed out her predecessor, Boris Johnson after a string of scandals plagued his leadership.

On the phone to global counterparts

On her first day in Downing Street, Truss spoke with Ukraine’s President. Volodymyr Zelensky.

She also said she was “delighted” to accept an invitation to visit the war-torn country.

The Prime Minister also spoke with U.S. President Joe Biden about post-Brexit opportunities between the two nations.

Back home, Truss laid out her hold bold agenda in front of a packed crowd.

“We shouldn’t be daunted by the challenges we face. As strong as the storm may be, I know the British people are stronger.’’
LIZ TRUSS, UK PRIME MINISTER

The 47-year-old becomes Britain’s third female prime minister, and the fourth in six years.

She took office at Balmoral Castle in Scotland, when Queen Elizabeth II formally asked her to form a new government.

It was the first time in the Queen’s reign that the handover did not take place at Buckingham Palace in London.

Leaders

Niche accountants proving essential to e-commerce success

Published

6 hours ago

October 9, 2024

ticker NEWS

Expert explores the key benefits of partnering with accountants who specialise in niche industries.

In today’s fast-paced digital world, having an accountant who understands the intricacies of e-commerce can make all the difference in your business’s success.

Specialist accountants understand the specific needs of e-commerce businesses, helping to maximise tax savings, streamline operations, and improve financial health.

Niche accountants can identify opportunities to scale, optimise profit margins, and implement strategies that align with your business goals, ultimately drive growth.

Chris Rivera, Founder of The Ecommerce Accountants, joins to share his key insights into the industry.

#featured

Money

Amazon’s 2024 Prime Day expected to make huge impact on tech sector sales

Published

11 hours ago

October 9, 2024

ticker NEWS

Market experts believe Amazon’s upcoming event will drive a surge in sales, benefiting Amazon’s stock and boosting consumer tech companies that sell through its platform.

Experts predict that a short-term rally in retail and tech stocks could be seen as revenue spikes.

Founder/CEO of Unearthing Opportunities, and Board Advisor to Power Hero, Bradley A Gastwirth joins to unpack the latest market moves. #featured #trending

Leaders

Israeli claims airstrikes have killed two successors to Hezbollah’s slain leader

Published

11 hours ago

October 9, 2024

ticker NEWS

The update comes as Israel expands its ground offensive against the Iran-backed group with a fourth army division deployed into south Lebanon.

Israel Prime Minister Benjamin Netanyahu spoke in a video released by his office hours after the deputy leader of Hezbollah left the door open to a negotiated ceasefire, reports Reuters

Israel’s military said on Tuesday that heavy air strikes against underground Hezbollah installations in southern Lebanon over the prior 24 hours killed at least 50 fighters including six sector commanders and regional officials. #featured #trending