Azerbaijan news

UK’s Sunak shuffles cabinet to boost economy pledges | – #UKs #Sunak #shuffles #cabinet #boost #economy #pledges

LONDON, Feb 7 (Reuters) – British Prime Minister Rishi Sunak reshuffled his Cabinet on Tuesday, splitting two departments to better align with promises to stimulate the economy, lower energy prices and turn around his party’s fortunes ahead of next year’s election.

Sunak a new energy security and net zero department headed by former business minister Grant Shapps and one Britain created three other departments focused on science and innovation, a personal passion of its leader.

The former finance minister and multimillionaire who once worked at a hedge fund is a long-term double-digit economy inflation and trying to manage during periods of stagnation, a situation made worse by the rising cost of energy.

It is also developing new trade relations with Britain’s international partners Europe He is under pressure to try to prove his belief that he can reap the benefits of leaving the union.

Latest UpdatesUnited Kingdom category New with an image of King Charles Britain seal was presented, video Article by VideoEuropean MarketsCategoryEngland wages rise at slowest pace in 21 months for new hires, REC says, picture article

See 2 more stories

“The government Britain it should reflect the priorities of its people and be prepared to deliver to them,” Sunak said on Twitter. “These changes will focus teams on issues that will build a better future for our children and grandchildren.”

He hailed an independent energy and net-zero ministry as one that would help the UK achieve greater energy security and start producing cheaper, cleaner energy to avoid the price rises people have to pay after Russia’s intervention in Ukraine.

His spokesman said the changes, which have been welcomed and criticized by business groups and green energy advocates alike, may not offer a “silver bullet” to all of Britain’s ills, but will help Sunak deliver on his agenda.

The changes gave Commerce Secretary Kemi Badenoch an expanded role to include business and commerce.

Former culture minister Michelle Donelan has been appointed to lead the department for science, innovation and technology, while former housing minister Lucy Fraser has taken on a new role for culture, media and sport.

Former trade minister and one-time Conservative Party member execution Greg Hands was appointed party chairman.

‘ANNOTATED WINDSHIELD’

The timing surprised some in Sunak’s party.

But he is the chairman of the party tax After his sacking over his affairs and the ongoing investigation into allegations of abuse against Deputy Prime Minister Dominic Raab, several MPs said he might take the chance to brand Sunak.

Raab denies the allegations and Sunak told reporters he would wait until the investigation is over before making a decision about the deputy prime minister.

“When I am presented with conclusive, independent findings that someone in my government has not acted with the integrity or standards I expect of them, I will not hesitate to act quickly and decisively,” he said.

Business leaders largely welcomed the changes, Tony Danker, CEO of the Confederation of British Industry (CBI), said on Twitter: “This is a clear statement of intent and some big bets for growth. Although obviously (there is) enough bureaucracy to fight against.”

But some climate campaigners have welcomed the creation of an energy and net-zero department, saying they fear it could draw too far from other ministries such as business.

Sunak’s appointment as party chairman of Hands, and finally Nadhim Zahawi tax The next one is expected in 2024, after being fired nine days ago due to his work national filled an even more important position before the election.

He is widely admired by a party deeply divided and increasingly assertive after ousting two prime ministers last year amid scandal and economic chaos.

Since entering Downing Street in October, Sunak has been under pressure to build his stable, with some in his party questioning whether he is too controlling and lacks a core ideology or vision for Britain.

He has so far failed to reduce the lead in opinion polls of the opposition Labor Party, which presents itself more as Britain’s next government.

Altar january since the reduction of inflation National He aimed to convince MPs that he could carry them to the next election by promising to tackle Britain’s most pressing problems, from stabilizing the NHS and reducing illegal immigration.

He also passionately advocated the need for the UK to become “the next Silicon Valley” and january government funding for research and development 20 billion to the pound (24.06 billion dollars) promised to deliver.

But Tim Bale, professor of politics at Queen Mary University of London, said that while some investors welcomed the move, he did not believe the departmental changes would “make a blind difference to their fortunes at the next election”.

“I’m sure he’ll be accused of changing the deckchairs on the Titanic.”

Reporting by Elizabeth Piper, Andrew MacAskill, Alistair Smout; Added by Sachin Ravikumar report; Edited by Kate Holton, Andrew Cawthorne, Nick Macfie and Mark Heinrich

Our standards: Thomson Reuters Trust Principles.

2023-02-08 12:27:39
Source – reuters

Translation“24 HOURS”



Azerbaijan news

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button