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Tag: Tory

Tory grandees urge probe into China’s Imagination coup

Tory grandees urge probe into China’s Imagination coup

Technology
David Davis, the former Brexit secretary, has urged ministers to probe a Chinese bid to take control of Imagination Technologies Group, amid fears that the British chip designer's assets will be shifted away from the UK.Sky News has seen a letter from Mr Davis to Oliver Dowden, the digital, culture, media and sport secretary, asking the government to "investigate this potential change of control of an important British strategic asset and, if necessary…intervene to ensure that this change of control does not take place". The growing clamour for government intervention relates to an effort by China Reform Holdings - which has close links to Beijing - to nominate four directors to Imagination's board at an emergency meeting on Tuesday.If the move takes place, it could give China Reform suffi
General election: Markets surge on Tory election victory

General election: Markets surge on Tory election victory

Business
The pound and the FTSE 100 have surged higher as the Conservatives secured a majority in the general election.Sterling climbed three cents against both the dollar and the euro as the result emerged overnight while UK-focused stocks helped the FTSE 100 rise by about 1.5%, or more than 100 points, in morning trading. That was partly held back by the performance of dollar and euro earning companies whose values were depressed by the pound's strength.The more domestically-focused FTSE 250 rocketed by about 5% to hit fresh record highs.It came as the election result seemed to ease some of the uncertainty over Brexit. Advertisement Image: The pound hit a three and a h...
General election 2019: Tory pledge to boost GP numbers

General election 2019: Tory pledge to boost GP numbers

Health
The Conservatives say they will fund the training of 500 more GPs in England every year to increase appointments for patients, if they win the election.They claim the plan would mean up to 3,000 more newly-qualified GPs, or doctors doing their GP training, in surgeries by 2024-25.However, a previous Tory pledge to recruit an extra 5,000 GPs by 2020 is not close to being met.Labour said it planned to invest in family doctor services and more GPs.The party added it had become "harder and harder to get a GP appointment under the Tories".The Conservatives say their plan would see the current tally of 3,538 GPs in training every year rise to around 4,000 from 2021-22.Recruiting more GPs from overseas while improving efforts to retain current staff will lead to...
No starter homes built under Tory 2015 election pledge

No starter homes built under Tory 2015 election pledge

Business
The government has failed to deliver any of the starter homes promised four years ago under a £2.3bn funding commitment, according to a spending watchdog.The National Audit Office (NAO) report detailed how the money was set aside in the 2015 spending review to help meet a Conservative election manifesto pledge, by then-PM David Cameron, to help more young people on to the housing ladder. The money was to support the building of the first 60,000 of 200,000 properties under the starter homes project. Image: David Cameron announced the policy in 2014 ahead of the 2015 general election It was aimed exclusively at first-time buyers, aged under 40, in England.The NAO found that the Ministry of Housing, Communities and Local Government (MHCL
Former Tory minister is funding ads attacking Corbyn on Facebook

Former Tory minister is funding ads attacking Corbyn on Facebook

Technology
A former Conservative minister is funding Facebook adverts attacking Jeremy Corbyn and the Labour Party for their policies regarding private schools.The ads are not obviously connected to the Conservative Party and appear as part of a recently created Facebook group called Parent's Choice, which has no website and was only founded on 11 October. Richard Patrick Tracey, who served as a minister for sport under Margaret Thatcher, told Sky News he was running the "defence ads" as an individual and not as part of the Convervative Party. ...