The Bank of England on Thursday announced a shock interest rates hike to 5% as inflation remained steadfast across April and May.

The Prime Minister will look to reassure workers about the pressures being caused by rising prices during an event on Thursday.

The former chancellor’s appointment comes with conditions applied by the Advisory Committee on Business Appointments.

Chancellor Jeremy Hunt said he regretted not challenging ‘groupthink’ in the UK’s preparations while he was health secretary.

It comes after both Opposition and Tory MPs have called on those who were at a lockdown party to give up their honour.

Downing Street said the Prime Minister’s schedule on Monday ‘doesn’t include attending Parliament’.

The Labour leader said it is ‘very hard to justify’ having former prime ministers put forward nominations for peerages and other honours.

The Prime Minister is set to tell the London Tech Week that the ‘extraordinary’ possibilities of the emerging technology must be carried out safely.

The Commons Privileges Committee has vowed to press ahead with its inquiry despite Boris Johnson’s decision to quit as an MP.

Sir Ed Davey is set to declare that the contest will be a ‘close race’ as his party aims to overturn a 24,000 Tory majority.

The list of candidates to take on London Mayor Sadiq Khan at next year’s election has been whittled down to three.

Allies of the former prime minister claim there was unhappiness with some of those nominated.

The Boris Johnson ally became the third Tory MP to quit in 24 hours when he resigned on Saturday.

Johnson ally Sir Jacob Rees-Mogg has raised the possibility of the former prime minister standing for the Tories at the next election.

The call by rival party leaders comes after three Conservative MPs quit, including Boris Johnson, in 24 hours.

Nigel Adams’ resignation follows Boris Johnson’s dramatic decision to stand down from the Commons in a row over MPs’ partygate probe.

Peel Ports said it could ‘not see any conceivable scenario’ in which public services locally could support the Birkenhead proposal.

A former Lords speaker described the handling of the former prime minister’s honours roll as an ‘extraordinary mess’.