After the collapse of Silicon Valley Bank and Credit Suisse drama, some investors are understandably asking if we’re on the brink of another 2008-style banking crisis. I’ve had an entire career in politics and government since that crash. Hard lessons have been learned and there can be no complacency – so often, trouble comes from
Mr Speaker, I’m grateful for your permission to make this statement. Yesterday we began our day together. You, I, my Right Honourable Friend the Prime Minister, and colleagues from across this House, broke bread together at the parliamentary prayer breakfast and listened to the words of Reverend Les Issac, who spoke about the responsibility that
Below is Sajid Javid’s letter to Boris Johnson, explaining why he is quitting as Health Secretary. Prime Minister, it was a privilege to have been asked to come back into government to serve as Secretary of State for Health & Social Care at such a critical time for our country. The tone you set as
You always remember when a prime minister calls you to ask you to take on a new role, and you remember the reaction of your loved ones, too. My mum was delighted — like many Asian mothers she wanted at least one of her five sons to be a doctor and she was thrilled that
As every Chancellor knows, behind every figure in the Treasury lie thousands of human stories. At times like these, saving lives is the first, unmitigated priority. This means releasing whatever resources the NHS requires. Hospitality, retail, the self-employed: otherwise healthy enterprises of every description are facing an existential threat. Supporting businesses with government-backed loans is
After quitting as Chancellor earlier today, Sajid Javid has published his letter of resignation to Boris Johnson. Here’s what he wrote: Dear Prime Minister, It has been a privilege to serve as Chancellor of the Exchequer. Since being elected as the MP for Bromsgrove ten years ago I have had the huge honour of holding
Today is a historic moment for our country. After 85 days of hard graft, the Prime Minister has brought home a new Brexit deal – and I believe MPs should vote for it. Despite being told it was impossible, we have successfully re-opened the old Withdrawal Agreement and removed the Irish border backstop. In its
The first time I felt like an outsider was when I was six years old. My cousin told me we needed to change our walking route to her school because of the ‘bad kids’ who supported the National Front. That was the first time. But not the last. When I was at secondary school, the
It’s a huge privilege to be standing here as Home Secretary. Now I know the question on your mind. So let’s just deal with it upfront. Yes, I did watch Bodyguard. No, it wasn’t very realistic. For a start, my codename is not Lavender, and she didn’t even do the power stance! But let me
Although I joined the Conservative Party during my time at Exeter University, it was my upbringing and early life that shaped my political consciousness. Abdul-Ghani Javid (or, as he was known to me, Dad) arrived in the UK in 1961 at 23 years of age. His family lost everything during the partition of India and
With the economy recovering and Labour floundering, it was a poor PMQs yesterday for Ed Miliband. And the source of his trouble was sitting right next to him – his own Shadow Chancellor. After a disastrous response to the Autumn Statement, Ed Miliband is rumoured to have given Ed Balls nine months to sort out
