News That Matters

Tag: Javid

Sajid Javid says PM left him with ‘no choice’ but to quit

Sajid Javid says PM left him with ‘no choice’ but to quit

Business
Sajid Javid has said he had "no option" but to resign as chancellor - because Boris Johnson attached conditions to him staying in the role which "no self-respecting minister would accept".Mr Javid quit after refusing to sack his aides in a row with the prime minister that took Westminster by surprise. Read Sajid Javid's full resignation letter at the bottom of this article Image: Newly installed chancellor Rishi Sunak arrives at the Treasury The former chancellor said the condition was something he was "unable to accept"."I felt I was left with no option other than to resign." ...
HS2: Chancellor Sajid Javid backs project ahead of crucial meeting

HS2: Chancellor Sajid Javid backs project ahead of crucial meeting

Business
Sajid Javid has decided to throw his support behind HS2 ahead of a key meeting with Boris Johnson later.The chancellor is expected to tell the PM he supports the controversial London to Birmingham rail link after studying Treasury analysis of its impact, as first reported by the Financial Times.A leaked report has suggested the project could cost almost double the £56bn originally expected in 2015.Mr Johnson has said MPs can expect a decision "very shortly".No 10 said a final decision on the rail link would not be taken on Thursday - although the meeting, also involving Transport Secretary Grant Shapps, is expected to go a long way to coming up with a decision about whether to back the project.The BBC's political editor Laura Kue
Ryanair chief’s Flybe row with Javid takes off

Ryanair chief’s Flybe row with Javid takes off

Business
The row about a government-backed rescue package for the regional airline Flybe intensified on Tuesday with a fresh attack by Ryanair's chief executive on Sajid Javid, the chancellor.Sky News has obtained a letter sent by Michael O'Leary accusing Mr Javid of making "inaccurate and seriously misleading" statements about Flybe's finances. Mr O'Leary described a short-term tax deferral granted to Flybe known as a "Time to Pay" arrangement as a "breach of state aid rules" because "all of its competitor airlines in the UK continue to pay their [Air Passenger Duty] on time".In his letter, the Ryanair boss stepped up his criticism of Flybe's owners - led by Sir Richard Branson's Virgin Atlantic - by asking Mr Javid: "If these billionaire shareholders are not willing to put their hand in their own...
Javid: Tories ‘real party of labour’ as he raises National Living Wage

Javid: Tories ‘real party of labour’ as he raises National Living Wage

Business
By Greg Heffer, political reporter, in Manchester Chancellor Sajid Javid has declared the Tories are the "real party of labour" as he announced plans to raise the National Living Wage up to £10.50 per hour by 2024.In his speech at the Conservative Party conference in Manchester, Mr Javid hailed "a well-earned pay rise" for four million British workers. The chancellor also revealed the age threshold for entitlement to the National Living Wage will be brought down from 25 to 21."To help the next generation of go-getters to get ahead we will reward the hard work of all millennials too," he said.Currently, the National Living Wage is set at £8.21 per hour and those under the age of 25 are only entitled to the lower national minimum wage.
Christchurch shootings: Sajid Javid warns tech giants over footage

Christchurch shootings: Sajid Javid warns tech giants over footage

Technology
Social media companies have been told to "clean up their platforms" or be prepared to face the "force of the law" by Home Secretary Sajid Javid. The warning comes after a gunman who killed 49 people at two mosques in New Zealand filmed the attack and live-streamed it directly to Facebook.Writing in the Daily Express, Mr Javid said: "Tech companies must do more to stop his messages being broadcast."The live-stream of the attack on Facebook lasted for 17 minutes.Despite the original video being taken down, it was quickly replicated and shared widely on other platforms, including YouTube and Twitter.Mr Javid urged people to stop viewing and sharing the "sick material" online, adding: "It is wrong and it is illegal."Online platforms have a responsibility not ...