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Sunak backer: He’s the only credible contender

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Tory MP and prominent backer of Rishi Sunak, James Cartlidge, claimed that the former chancellor is the only credible contender to replace Liz Truss – citing his proven track record of dealing with financial crises.

Cartlidge, who was Sunak’s parliamentary private secretary during the Covid-19 pandemic, praised his old boss for his work in helping people “in all walks of life” with his furlough scheme.

When challenged on whether Sunak is out of touch with voters – and why therefore MPs should vote for him – Cartlidge said it’s “quite obvious” there’s an “issue with instability” and the party needs someone who can cope with that effectively.

In a recent interview with BBC News, Tory MP and prominent backer of Rishi Sunak, James Cartlidge claimed that the former chancellor is the only credible contender to replace Liz Truss – citing his proven track record of dealing with financial crises.

Sunak “can bring that stability,” Cartlidge claimed.

It remains to be seen whether or not this endorsement will be enough to help Sunak secure the Conservative leadership, but it seems clear that he has at least one high-profile supporter in his corner.

With tensions running high within the Conservative Party over who should replace Liz Truss as party leader, one thing is certain: whoever succeeds her will have their work cut out for them in uniting a divided party and country. Though seemingly an unlikely candidate, could Rishi Sunak be up to the task?

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Leaders

Elon Musk is projected to become the world’s first trillionaire

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Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

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Money

Treasury Secretary believes the U.S. are on track for a “safe landing”

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Treasury Secretary Janet Yellen pointed to a “soft landing” for the economy, with unemployment slightly down despite slower job creation.

In a recent interview on Bloomberg, Yellen stated that “For the US, the kinds of metrics that we would monitor that would summarise risks — whether it’s asset valuations or a good degree of leverage — things look good, I don’t see red lights flashing”. #featured #trending

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Leaders

Trump promises to slap unprecedented tariffs on foreign allies

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Former President Donald Trump has promised to slap unprecedented Tariffs on foreign allies, including the European Union, if he wins the 2024 presidential election.

Trump pledged to reduce the corporate tax rate from 21% to 15% for companies that make their products in the U.S.

While he had already said he wanted to cut the corporate tax rate to 15%, he had not previously tied that lower rate to keeping manufacturing inside the country. #featured #trending

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