Connect with us

Published

on

Former cabinet minister Sir Simon Clarke has called on Rishi Sunak to resign as prime minister.

The Conservative MP for Middlesbrough South and East Cleveland said Mr Sunak has gone “from asset to anchor” and the party faces an electoral “massacre” under his leadership.

Politics latest: Reaction to Clarke’s call for PM to go

The MP said the country was “on the brink of being run by Keir Starmer’s Labour for a decade or more” and if Nigel Farage “returns to the fray, as looks increasingly likely, extinction is a very real possibility for our party”.

Sir Simon explained that Mr Sunak was not “solely responsible for our present predicament” but his “uninspiring leadership is the main obstacle to our recovery”.

“The unvarnished truth is that Rishi Sunak is leading the Conservatives into an election where we will be massacred,” he wrote in The Telegraph.

Analysis: Clarke’s attack on Sunak is more kamikaze than mutiny… for now

More on Conservatives

Sir Simon, who served as housing secretary under Liz Truss, was one of 11 Conservative MPs to vote against Mr Sunak’s Rwanda bill last week after what was mooted to be a sizeable rebellion fizzled out following attempts to toughen up the scheme failed.

His intervention comes amid a number of struggles for the prime minister, including falling approval ratings and unhappiness within his party over the deportation plan for asylum seekers.

Britain's Prime Minister Rishi Sunak gestures as he meets with Belgium's Prime Minister Alexander De Croo at Downing Street, London, Britain, January 23, 2024. REUTERS/Hannah McKay/Pool
Image:
Rishi Sunak is lagging well behind Labour in the polls

Sky’s political editor Beth Rigby heard last week that “several” letters of no confidence in Mr Sunak had been submitted to the backbench 1922 Committee of the Conservative Party. A minimum of 53 would need to be sent in to trigger a leadership contest.

Speaking to the Politics Hub with Sophy Ridge on Monday, Dame Andrea Jenkyns reiterated she wanted Mr Sunak to stand down.

Sir Simon’s article in The Telegraph added: “I know many MPs are afraid another change of leader would look ridiculous. But what could be more ridiculous than meekly sleepwalking towards an avoidable annihilation because we were not willing to listen to what the public are telling us so clearly?

“A change of leadership would not have to be a protracted affair. As was planned in October 2022, the contest need only take a week.

“Two days of MPs voting, a few more days before an online members’ vote. Which is worse: a week of chaotic headlines in Westminster, or a decade of decline under Keir?”

Sir Simon has also been critical of government policy on housing and wind power.

Sir Simon’s calls were backed by Nadine Dorries, a Boris Johnson loyalist who resigned from the House of Commons last year and who regularly speaks out against Mr Sunak.

Multiple Conservatives quickly rode to the prime minister’s defence.

Former defence and trade secretary Sir Liam Fox said: “This is not the time for self-indulgence and tribalism in the party.

“Those who have an agenda to destabilise the government in an election year should understand the consequences.

“Having been on the front bench for all 13 years in opposition, it is a miserable place. Be warned.”

Sir Simon and Mr Sunak worked together in the Treasury. Pic: Treasury
Image:
Sir Simon and Mr Sunak worked together in the Treasury. Pic: Treasury

Former Brexit secretary Sir David Davis said: “This is getting silly.

“The party and the country are sick and tired of MPs putting their own leadership ambitions ahead of the UK’s best interests.

“It is really about time these people realise they have a duty to the country that is greater than their personal leadership ambitions.”

Former home secretary Dame Priti Patel said: “At this critical time for our country, with challenges at home and abroad, our party must focus on the people we serve and deliver for the country.

“Engaging in facile and divisive self-indulgence only serves our opponents, it’s time to unite and get on with the job.”

Stalwart of the One Nation wing of the party Damian Green also condemned Sir Simon.

Opposition parties were similarly unimpressed.

Labour’s shadow paymaster general, Jonathan Ashworth, said: “This is a failing, divided government incapable of gripping problems facing the country from the cost of living crisis to state of the NHS.

“More proof that after 14 years it’s time for change. Only Labour has a plan to turn the page and get our future back.”

Liberal Democrat deputy leader Daisy Cooper said: “It is utterly ludicrous that the Conservative Party is even discussing installing a fourth prime minister without even giving voters a say.

“It’s time for Rishi Sunak to… call a general election.”

Continue Reading

Politics

How Vietnam is using crypto to fix its FATF reputation

Published

on

By

How Vietnam is using crypto to fix its FATF reputation

How Vietnam is using crypto to fix its FATF reputation

Vietnam is leveraging crypto regulation to meet FATF standards, combat digital asset fraud and rebuild its international financial reputation.

Continue Reading

Politics

UAE Golden Visa is ‘being developed independently‘ — TON Foundation

Published

on

By

UAE Golden Visa is ‘being developed independently‘ — TON Foundation

UAE Golden Visa is ‘being developed independently‘ — TON Foundation

The TON Foundation distanced itself from initial Golden Visa claims, saying the move is an independent initiative with no official backing from the United Arab Emirates government.

Continue Reading

Politics

Building societies step up protest against Reeves’s cash ISA reforms

Published

on

By

Building societies step up protest against Reeves's cash ISA reforms

Building society chiefs will this week intensify their protests against the chancellor’s plans to cut cash ISA limits by warning that it will push up borrowing costs for homeowners and businesses.

Sky News has obtained the draft of a letter being circulated by the Building Societies Association (BSA) among its members which will demand that Rachel Reeves abandons a proposed move to slash savers’ annual cash ISA allowance from the existing £20,000 threshold.

Money blog: ‘I get paid to taste biscuits’

The draft letter, which is expected to be published this week, warns the chancellor that her decision would deter savers, disrupt Labour’s housebuilding ambitions and potentially present an obstacle to economic growth by triggering higher funding costs.

“Cash ISAs are a cornerstone of personal savings for millions across the UK, helping people from all walks of life to build financial resilience and achieve their savings goals,” the draft letter said.

“Beyond their personal benefits, Cash ISAs play a vital role in the broader economy.

“The funds deposited in these accounts support lending, helping to keep mortgages and loans affordable and accessible.

More on Rachel Reeves

“Cutting Cash ISA limits would make this funding more scarce which would have the knock-on effect of making loans to households and businesses more expensive and harder to come by.

“This would undermine efforts to stimulate economic growth, including the government’s commitment to delivering 1.5 million new homes.

“Cutting the Cash ISA limit would send a discouraging message to savers, who are sensibly trying to plan for the future and undermine a product that has stood the test of time.”

The chancellor is reportedly preparing to announce a review of cash ISA limits as part of her Mansion House speech next week.

While individual building society bosses have come out publicly to express their opposition to the move, the BSA letter is likely to be viewed with concern by Treasury officials.

The Nationwide is by far Britain’s biggest building society, with the likes of the Coventry, Yorkshire and Skipton also ranking among the sector’s largest players.

Read more from Sky News:
Trump tariff deadline extended as new threats issued
What happens to your pension when you die?

In the draft letter, which is likely to be signed by dozens of building society bosses, the BSA said the chancellor’s proposals “would make the whole ISA regime more complex and make it harder for people to transfer money between cash and investments”.

“Restricting Cash ISAs won’t encourage people to invest, as it won’t suddenly change their appetite to take on risk,” it said.

“We know that barriers to investing are primarily behavioural, therefore building confidence and awareness are far more important.”

The BSA called on Ms Reeves to back “a long-term consumer awareness and information campaign to educate people about the benefits of investing, alongside maintaining strong support for saving”.

“We therefore urge you to affirm your support for Cash ISAs by maintaining the current £20,000 limit.

“Preserving this threshold will enable households to continue building financial security while supporting broader economic stability and growth.”

The BSA declined to comment on Monday on the leaked letter, although one source said the final version was subject to revision.

The Treasury has so far refused to comment on its plans.

Continue Reading

Trending