And just when things looked on the up for 2016, the Eels were struck down by allegations of salary-cap rorting that eventually led to the stripping of 12 points and a complete restructure of their administration.
But a friend of Mr Gove said: ‘He made clear his opposition to scrapping the 45p tax rate, which he had already told his whip. It is heartening that the PM now agrees that the cut is the wrong priority.
A senior No 10 source hit back, saying: ‘Our lot need to get behind Liz or they’ll end up with the nightmare coalition of Labour and the SNP, which would break up the country and send it down the drain.
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SINGAPORE, Sept 28 (Reuters) – Southeast Asia’s digital media and tech sectors, underpinned by young consumers and one of the fastest growing internet markets, had drawn U.S.
investment bank Raine Group to expand in the region, senior executives said.
The Prime Minister is considering boosting party unity by offering the vacant job of International Trade Minister to a former backer of Rishi Sunak who has demonstrated loyalty to Ms Truss, although no candidate has yet been suggested.
It is understood Ms Truss was hinting that Mr Gove could be in line for a senior diplomatic role in a Middle Eastern country such as Israel or the United Arab Emirates, although Mr Gove didn’t take the hint.
‘It’s all very well to say fortune favours the brave, but there are some moments where you are unlikely to follow someone who is exceptionally brave because they are charging towards the guns without necessarily the artillery support that you would expect.’
Ravitch, a former Goldman Sachs banker for 16 years, before he co-founded Raine in the aftermath of the global financial crisis, expects increased cross-border deals in the region, home to about 650 million people.
«This is the last major market in the world, where you can see a free for all between Alibaba, Tencent, Bytedance on one hand, and the likes of Amazon, Apple, Facebook and Netflix on the other,» said Joe Ravitch, Raine’s co-founder and partner.
Tensions between the Government and the Bank of England were mounting over Ms Truss’s conference pledge to cut EU red tape and recriminations over the Bank’s £65 billion support for the markets following Chancellor Kwasi Kwarteng’s mini-Budget.
Speaking about the Ukrainian rout of Russian troops that prompted Putin to make his nuclear threats and conscript civilians into the military, the source added: ‘What were we doing in Kharkiv?
No one has a clue.’
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Mei said the trend of Chinese entrepreneurs setting up base in Singapore as a beachhead for Southeast Asia, was likely to bring capital and new business opportunities in sectors such as digital media and gaming.
Writing in The Mail on Sunday, the former Culture Secretary outlines a ‘desperate’ plan for Ms Truss to ‘reverse the self-harm Conservative MPs have inflicted upon our party’ – and says bluntly: ‘Michael’s days are over.’
It means that Putin’s troops are now losing ground in three out of the four Ukrainian regions he annexed last week – declaring that any attack on them would be considered an attack on Russia and may trigger a nuclear response.
«The scarcity of capital in an era of volatility, rising interest rates and inflation, will create investment opportunities and require companies to be more strategic,» Ravitch told Reuters in an interview on the sidelines of the Forbes Global CEO Conference.
Putin now appears to have largely given up on his plans to advance and is instead digging in his heels and trying to hold on to territory he has already taken in the hopes of playing off the war to the Russian people as a success.
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