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I have spent the majority of my working life working with people who have struggled with mental and physical health problems, who have had to depend on the benefits system to be able to live day to day.
LONDON -- Former British Finance Minister Rishi Sunak announced his bid to replace Liz Truss as the next leader of the Conservative Party, putting him on track to make it to the final round of candidates in the race for prime minister.
DAILY MAIL COMMENT: Mr Johnson was elected with a landslide majority. As he was deposed by the political class rather than the people, it may be argued that he still carries that popular mandate.
The continued surge in US rates and the inability of the equity market to sustain gains saw the post-Truss sterling rally unwind amid a broader recovery of the dollar. Read more.
STOXX 600 is up nearly 0.5% to extend its recovery. US futures are trading a little more than 1% higher. Sterling is leading the major currencies higher today with around a 1% gain.
Lack of follow-through selling after the down day in response to the CPI data leaves the Dollar Index's near-term outlook uncertain. Still, the USD super-cycle appears entering a new phase.