There has been growing demand for the Government to introduce a windfall tax on energy companies, including BP and Shell, as Brits are hit with soaring oil and gas prices. The Labour Party has already made calls for the tax to be
Sophy Ridge quizzed Kwasi Kwarteng on her Sunday morning segment on Sky News about winning the Eurovision Song Contest following an outpour of support in the Grand Final held on Saturday night. Traditionally, the winning act hosts the following contest on their home
Speaking to LBC, the business secretary said that there were “a few bad apples” in the Conservative ranks but that the party as a whole was not problematic. He dismissed suggestions that it is a hostile environment for women and compared the
The Business Secretary was shown the results of a YouGov poll conducted last week showing respondents had little trust in the Government delivering on their levelling up agenda. Less than 20 percent of the 1,779 respondents believed the Conservatives would help regenerate
The Brexit-backing Business Secretary told energy firm executives to invest more in UK projects to avoid being hit by a tax on earnings. Mr Kwarteng, who was first elected as the MP for Spelthorne in 2010, even suggested energy companies could look
Some branded the debate a “car crash” while others praised the hosts for putting the MP on the spot. Donal MacRae penned: “Another car crash interview trying to make something out of something that is not illegal.” “Car crash interview – no
After it was reported that Rishi Sunak’s wife Akshata Murthy does not pay UK taxes on the money she earns abroad, owing to her special “non-dom” status, Kwasi Kwarteng praised the couple for being “completely transparent”. The business secretary then echoed his
Ministers are understood to have called for Business Secretary Kwasi Kwarteng to intervene and block the sale amid a Cabinet split over the issue. Newport Wafer Fab, the UK’s largest semiconductor factory, was sold last year to Nexperia, a Dutch company owned
Kwasi Kwarteng looks set to intervene in Chinese takeover of Britain’s leading semiconductor maker: Pressure to unwind sale of Newport Wafer Fab Kwarteng under pressure after national security advisers appeared to back sale Industry experts and politicians horrified important UK manufacturer was
Secretary of State for Business and Energy Kwasi Kwarteng criticised the SNP-led Scottish Government for its refusal to back Westminster in looking to reduce the cost of energy. The war in Ukraine has led to a surge in the cost of energy,