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Oct 22 (Reuters) - British publicly-owned broadcaster Channel 4 is exploring whether it could be acquired by a non-profit trust as an alternative to a commercial privatisation, the Telegraph reported on Saturday. Register now for FREE unlimited access to Reuters.com RegisterFormer prime minister Boris Johnson's government was pursuing the sale of Channel 4, arguing such a move would ensure the future of the publicly-owned but commercially funded broadcaster. But the government changed tack after UK's Culture Secretary Michelle Donelan said last month she was re-examining the case for privatisation. Channel 4 was created by Conservative former prime minister Margaret Thatcher's government in the 1980s to deliver an edgy alternative to the BBC and ITV, with a focus on under-served audiences. Register now for FREE unlimited access to Reuters.com RegisterReporting by Baranjot Kaur in Bengaluru; Editing by Christina FincherOur Standards: The Thomson Reuters Trust Principles.
British minister Penny Mordaunt announces bid to be next UK PM
  + stars: | 2022-10-21 | by ( ) www.reuters.com   time to read: +2 min
LONDON, Oct 21 (Reuters) - British minister Penny Mordaunt on Friday launched her bid to replace Liz Truss as prime minister, becoming the first Conservative lawmaker to announce they are running. That race saw Truss defeat former finance minister Rishi Sunak. "I’ve been encouraged by support from colleagues who want a fresh start, a united party and leadership in the national interest." Bookmakers place Mordaunt third, behind Sunak and Johnson, who are also expected to enter the race to succeed Truss. Largely unknown outside Westminster prior to taking an early opinion poll lead among Conservative Party members earlier this year, some of the public may have first seen Mordaunt on the reality TV show Splash!
UK Prime Minister Liz Truss' tax plan sparked immediate market backlash and, eventually, her resignation. Prime Minister Liz Truss, just 22 days into her leadership role, unveiled a mini-budget that proposed tax cuts that primarily benefited the wealthy. The prime minister announced her resignation on Thursday, just 45 days after taking office. The prime minister was dealt a less-than-ideal hand when she entered office. The checks and balances throughout the US government also stand in the way of such rapid-fire economic policy.
"Given the situation, I cannot deliver the mandate on which I was elected by the Conservative Party," she said in a brief speech Thursday afternoon. Here are the main contenders for the top job:Rishi SunakRishi Sunak, Britain's former finance minister and Truss' main opponent in this year's Conservative Party leadership race, is now seen as a favorite to replace her. Britain's former finance minister Rishi Sunak was Liz Truss's main opponent in this year's Conservative leadership race. Penny MordauntFormer Defense Secretary Penny Mordaunt surged to prominence during the summer's leadership race, before finishing in third place to Truss and Sunak. Leader of the House of Commons Penny Mordaunt is seen as a consensus candidate who could unite a splintered Conservative Party.
"The prime minister is not under a desk," Mordaunt said in parliament, keeping a straight-face despite the jeers and laughter from the opposition Labour Party facing her. Mordaunt now has her second chance to run for the top job, after just missing out on the final two in the contest to become the leader of the ruling Conservative Party earlier this year. She also promoted her patriotism, talking about her memories of the Falkland's conflict that helped to define former prime minister Margaret Thatcher. Her first post came as a local government minister in 2014, followed by armed forces minister and disabilities minister. Truss appointed Mordaunt as the leader of the House of Commons, charged with setting out the government business with her no-nonsense attitude gaining admirers.
Liz Truss has been named the new prime minister of the UK in the wake of Boris Johnson quitting. The victory also makes her the new prime minister, due to take over Tuesday. An ally of Johnson, Truss has often been described as the continuity candidate — but who is she, and what can we expect from her premiership? While Truss has been named as the Conservative Party leader, she must wait another day before officially becoming prime minister. Truss is set to become prime minister Tuesday after traveling to meet the Queen at Balmoral in Scotland.
Tracy Brabin, a British lawmaker, raised £20,200 ($26,336) for charity by selling an off-the-shoulder dress on eBay that sparked controversy when she wore it in U.K. Parliament last week. Brabin, the shadow secretary for the department of digital, culture, media and sport for Britain's leading opposition party, raised the money for Girlguiding U.K. — the British equivalent of Girl Scouts. The "shouldergate" dress, which sold out on online outlet Asos in the aftermath of the social media furor, received 180 bids on eBay. Brabin, a former actress, received an onslaught of insults on Twitter last week after appearing in the House of Commons wearing the black dress. The politician said she chose to raise money for Girlguiding because of their "phenomenal" work when it came to helping develop young girls' self-confidence and self-esteem — something that could be particularly affected by social media, she noted.
British Prime Minister and leader of the Conservative Party Boris Johnson speaks to supporters and press as the Conservatives celebrate election victory on December 13, 2019 in London, England. Christopher Furlong/Getty ImagesAs the world wakes up to the news of a landslide victory for the ruling Conservative Party in the U.K.'s general election, CNBC takes a look at frontpage reaction from newspapers across the globe. 'Carrie on Boris – Tory landslide … and Corbyn's on his bike' – The SunTweet 1 British tabloid The Sun pictured a "jubilant" Prime Minister Boris Johnson and his partner Carrie Symonds arriving in his west London constituency of Uxbridge this morning. It also referred to the "disaster" defeat suffered by Labour leader Jeremy Corbyn, who announced plans to step down. 'Johnson's historic victory' – The TelegraphMeanwhile, pro-Conservative paper The Telegraph, which once counted Johnson as a columnist, highlighted that the ruling party was set for its "biggest success since (Margaret) Thatcher", who won a landslide vote in 1987.
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