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Badenoch defeated Robert Jenrick in a vote of party members by 53,806 votes to 41,000, after a months-long contest to replace Rishi Sunak as leader. Her task now is to revive a party still coming to terms with its worst ever election result. A contentious campaignTwo Conservatives contested this election, but many in the Labour party feel like they won it. Kemi Badenoch is congratulated by her husband Hamish, Robert Jenrick and wife Michal Berkner after winning the Conservative Party leadership contest on Saturday. On policy, however, Badenoch is sure to drag the opposition party to the right.
Persons: CNN — Britain’s, Kemi Badenoch, Badenoch, Robert Jenrick, Rishi Sunak, She’s, Keir Starmer, ” Badenoch, Liz Truss, Sunak, Jenrick, Hamish, Michal Berkner, Dan Kitwood, Nigel Farage, Brexiteers, , ” Starmer’s Organizations: CNN, Conservative Party, Labour, Tory, Conservatives, Conservative, Spectator, Reform, Britons, Liberal Democrats, BBC, European Union, European, Human, Starmer Locations: British, , Britain, Nigerian, Nigeria, McDonald’s, Badenoch, Europe, Rwanda
While the party establishment loathes Farage, Conservative members greeted him with open arms and requests for selfies after he arrived on Monday afternoon. The Conservative Party has always been a broad church, with competing factions jostling for supremacy. But Conservative Party members are rather different to the general public. Supporters applaud as Britain's Prime Minister Rishi Sunak speaks during the Conservative Party annual conference on Wednesday. Bookmakers' odds on the next UK general election are displayed outside the Manchester venue for the Conservative Party Conference on October 4, 2023.
Persons: Rishi Sunak, Boris Johnson, Liz Truss, , steadying, ” Sunak, Sunak, Nigel Farage, loathes Farage, Hannah McKay, Kemi Badenoch, don’t “, Justin Tallis, Jeremy Hunt, Jon Super, Brexit, Johnson, didn’t, “ He’s, , Braverman, Grant Shapps, Suella Braverman, James, Stefan Rousseau, Christopher Furlong, Rishi Organizations: England CNN — British, Conservative Party, Conservative, CNN, Conservatives, Euroskeptic, Independence Party, European Union, selfies, Britain's UK Independence Party, PM, Labour Party, European, Human, Labour, British, Getty, Conservative Party Conference Locations: Manchester, England, , North, Midlands, London, Sunak
It is tempting to view Boris Johnson’s sudden resignation from Britain’s Parliament on Friday evening as merely another twist in a serpentine career, a tactical retreat rather than a political epitaph. After all, the language in his 1,035-word statement was defiant and aggrieved, peppered with reminders of the thumping electoral victory that he had delivered for the Conservative Party less than four years ago and pregnant with the possibility that he could do so again in the future. As he has on so many other occasions, Mr. Johnson seemed to be channeling his political hero, Winston Churchill, Britain’s wartime leader who was swept out of power in 1945 only to return to Downing Street in triumph six years later. Yet this time, political analysts expressed skepticism about a Churchillian restoration for Mr. Johnson. With little support beyond a rump of hard-core Brexiteers in Parliament, and a British public that has grown weary of the Boris soap opera, they said there was almost no plausible path back to power for him.
Persons: Boris Johnson’s, Johnson, Winston Churchill, Boris Organizations: Conservative Party, Downing Locations: British
The list goes on, but the general theme of this conference was that British Conservatism is having an identity crisis and these ideas could be the solution. CNN spoke to several people involved in this conference as well as people inside the Conservative Party who opposed the conference and its ideas. Another group of Conservatives supporting the vocal criticisms of Sunak are, sources say, thinking beyond the election and about future leadership contests. Indeed, another Conservative conference was held at the weekend, seen widely as a “Bring Back Boris” event, which the former PM didn’t turn up to. Pro-Sunak Conservatives who still think the next election could be won are also not happy.
Sunak struck a deal with the European Union on Monday to ease restrictions on trade between Northern Ireland and Britain, and to give lawmakers on the ground a greater say over the rules and regulations they follow from Brussels. Its success is likely to hinge on whether it convinces the Democratic Unionist Party (DUP) to end its boycott of Northern Ireland's power-sharing arrangements. These were central to the 1998 peace deal which mostly ended three decades of sectarian and political violence in Northern Ireland. British Prime Minister Rishi Sunak delivers a statement on the Northern Ireland Protocol, at the House of Commons in London, Britain, February 27, 2023. UK Parliament/Jessica Taylor/Handout via REUTERS"We listened very, very carefully to the people, the businesses and the elected representatives in Northern Ireland," he said.
WINDSOR, U.K., Feb. 27, 2023: Britain's Prime Minister Rishi Sunak (L) and European Commission chief Ursula von der Leyen announced a landmark post-Brexit trading arrangement seeking to rectify problems with the Northern Ireland Protocol. Dan Kitwood/AFP via Getty ImagesLONDON — The new Brexit deal signed by the U.K. and the European Union on Monday was heralded as a "turning point" for Northern Ireland, but must still pass muster in Belfast. The sticking point could come from across the Irish Sea in Stormont, near Belfast, where the devolved Northern Ireland Assembly has been suspended for a year after the pro-Brexit Democratic Unionist Party (DUP) resigned in protest over the Northern Ireland Protocol. "There can be no disguising the fact that, in some sectors of our economy, EU law remains applicable in Northern Ireland." BELFAST, U.K., Feb. 17, 2023: DUP Leader Sir Jeffrey Donaldson speaks to reporters outside the Culloden Hotel in Belfast after Northern Irish leaders held talks with U.K. Prime Minister Rishi Sunak over the Northern Ireland Protocol.
UK banks’ Big Bang thankfully looks like big flop
  + stars: | 2022-11-30 | by ( Liam Proud | ) www.reuters.com   time to read: +4 min
Yet, the mooted changes would probably only benefit middling lenders like Santander UK, Virgin Money (VMUK.L) and Banco Sabadell’s (SABE.MC) TSB Bank, according to the FT. And on Wednesday, the BoE’s supervisory body said it planned largely to stick to international bank-capital rules, dubbed Basel 3.1. But the big flop might not be such a bad thing for the country’s financial sector. Separately, the government’s City minister Andrew Griffith said on Nov. 29 that he wanted to relax the so-called ringfencing regime that forces large British lenders to separate their retail and investment banking arms. According to the Financial Times, the ringfencing regime would still apply to the biggest UK banks but there could be exemptions for lenders with limited trading operations including Santander UK, Virgin Money and TSB Bank.
Sunak told business leaders at a Confederation of British Industry (CBI) conference he was "unequivocal" that Britain should pursue its own agenda on regulation and migration. "On trade, let me be unequivocal about this: under my leadership, the United Kingdom will not pursue any relationship with Europe that relies on alignment with EU laws," Sunak said. [1/3] British Prime Minister Rishi Sunak speaks during the Confederation of Biritish Industry (CBI) conference in Birmingham, Britain November 21, 2022. And having the regulatory freedom to do that is an important opportunity of Brexit," Sunak said. "Let's have economic migration in areas where we aren't going to get the people and skills at home anytime soon.
ROME, Oct 18 (Reuters) - Ryanair (RYA.I) boss Michael O'Leary on Tuesday described the economic situation in Britain as a "car crash" caused by the country's vote to leave the European Union in 2016. Britain's new finance minister, Jeremy Hunt, on Monday scrapped Prime Minister Liz Truss's economic plan and scaled back her vast energy support scheme in a historic policy U-turn to try to stem a dramatic loss of investor confidence. Register now for FREE unlimited access to Reuters.com RegisterIrishman O'Leary said he expects Truss, who became prime minister last month, to be out of a job within a week or two. O'Leary welcomed the appointment of Hunt, who took over as finance minister last Friday and has since rewritten government plans presented only last month. "The Remainers are coming back, the adults are taking charge again ... we will return to some sensible economic policies," O'Leary added.
Britain's Queen Elizabeth II inspects a guard of honor at the Presidential palace in New Delhi during her visit to India in 1997. Queen Elizabeth II meets Indian Prime Minister Narendra Modi at Buckingham Palace in London, England in 2015. “If you don’t see people mourning the death of Queen Elizabeth in India, (it is) because she doesn’t have that connection with the new generation of Indians,” Ravi Mishra said. Queen Elizabeth II meets Indira Gandhi at Hyderabad House in Delhi, India, in 1983. The proposition before this house is the principle of owing reparations … the question is: is there a debt?… As far as I’m concerned, the ability to acknowledge a wrong that has been done, to simply say sorry, will go a far, far, far longer way than some percentage of GDP in the form of aid,” Tharoor said.
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