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☆ UK election 2024: Everything you need to know
▼ + stars: | 2024-05-23 | by ( Rob Picheta | ) edition.cnn.com time to read: +11 min

Rishi Sunak’s rival for power is Labour leader Keir Starmer, who is heavily favored to become Britain’s new prime minister in July. Labour leader Keir Starmer -- the frontrunner in the election -- launches his campaign in Gillingham on Thursday. Given Labour’s standing in the polls, Starmer is more equipped to take the fight to other groups. In the UK, voters don’t elect a prime minister directly. But this is a formal role only; the King won’t contradict his prime minister or overrule the results of an election.

Persons: CNN —, Rishi Sunak, We’ll, Keir Starmer, Sunak, Downing, Maja Smiejkowska, – Sunak, Boris Johnson’s, Liz Truss, Boris Johnson, Johnson, Stefan Rousseau, Jeremy Corbyn, Theresa May, Sunak hasn’t, –, Starmer, Henry Nicholls, Rishi Sunak’s, Gareth Fuller, Reform Party –, David Cameron, King Charles III, won’t Organizations: CNN, CNN — Britain’s, Labour, Reuters, Sunak’s Conservative Party, Liberal Democrats, Conservatives, Conservative, Party, Getty, European Union, Reform Party, Scottish National Party, Green Party, National Health Service Locations: Westminster, Rwanda, England, AFP, Gillingham, Gaza

☆ UK has little wiggle room on mortgage aid
▼ + stars: | 2023-06-21 | by ( Francesco Guerrera | ) www.reuters.com time to read: +4 min

LONDON, June 21 (Reuters Breakingviews) - UK Prime Minister Rishi Sunak is under pressure to provide relief for mortgage borrowers buckling under soaring interest rates. The problem is that mortgage relief dilutes the Bank of England’s fight against inflation, which remained stubbornly high at 8.7% in May. The UK government is to meet mortgage lenders to discuss helping households struggling with their home loans, finance minister Jeremy Hunt told parliament on June 20. However, Hunt ruled out introducing state-backed support to help mortgage borrowers facing higher costs due to soaring interest rates. Hunt said that offering government mortgage relief would be inflationary.

Persons: Rishi Sunak, Liz Truss, –, Jeremy Hunt, BoE, Hunt, George Hay, Oliver Taslic Organizations: Reuters, UK Finance, Conservatives, Labour Party, Bank of England’s, Conservative Party, Bank of England, Thomson Locations: Spain, Poland

☆ Biden set to host Rishi Sunak for British PM’s first White House visit
▼ + stars: | 2023-06-08 | by ( Kevin Liptak | ) edition.cnn.com time to read: +7 min

Stability in 10 Downing Street has allowed for better coordination on Ukraine, according to officials, and helped resolve a festering dispute over Northern Ireland trade rules. Ahead of the visit, Sunak cast his economic objectives as directly linked to the security agenda. When Biden met Sunak in San Diego earlier this year, he made reference to the condo the Stanford MBA graduate maintains in California. Yet that meeting was only a brief chat over tea; Biden spent most of his visit to Ireland exploring his ancestral roots. Sunak has been lobbying for the British defense secretary Ben Wallace, but other candidates are also thought to be under consideration.

Persons: Rishi Sunak, Joe Biden, Sunak’s, Sunak, ”, He’s, “, Donald Trump, Biden, ” Biden, Few, Ronald Reagan, Margaret Thatcher, George W, Bush, Tony Blair, Barack Obama, David Cameron, bro ”, Biden’s, Thatcher, Boris Johnson, Liz Truss, Ben Wallace Organizations: CNN, United, Prime, Sky News, US, Russia, Britain, British, EU, Stanford, European Union, Group, White House, Biden, Northern Ireland, Downing Locations: Ukraine, Northern Ireland, Russia, Nova, Thursday’s, Washington, Ukraine’s Kherson, Europe, Silicon Valley, lockstep, London, San Diego, California, Britain, Japan, Belfast, Northern, Ireland

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