Watch live: UK's next prime minister due to be announced

[The stream is slated to start at 08:30 ET. Please refresh the page if you do not see a player above at that time.]

The next prime minister of the U.K. will be announced Monday following a grueling, and at times bitter, leadership contest within the ruling Conservative Party.

The announcement is expected at 12:30 p.m. London time and will be delivered by Graham Brady, the chair of the 1922 Committee, which is a group of Conservative Members of Parliament who aren't government ministers.

Subscribe to CNBC on YouTube. 

Comments

Post a Comment

Popular posts from this blog

SEC Sweep into Marketing Rule Violations Results in Charges Against Nine Investment Advisers

The Securities and Exchange Commission today announced charges against nine registered investment advisers for advertising hypothetical performance to the general public on their websites without adopting and/or implementing policies and procedures required by the Marketing Rule. All nine firms have agreed to settle the SEC’s charges and to pay $850,000 in combined penalties. The firms are: Banorte Asset Management Inc. BTS Asset Management Inc. Elm Partners Management LLC Hansen and Associates Financial Group Inc Linden Thomas Advisory Services LLC Macroclimate LLC McElhenny Sheffield Capital Management LLC MRA Advisory Group Trowbridge Capital Partners LLC Registered investment advisers are prohibited from including any hypothetical performance in their advertisements unless they have adopted and implemented policies and procedures reasonably designed to ensure that the hypothetical performance is relevant to the likely financial situat...
Read more

Tucker Carlson is leaving Fox News

Image
Fox News said Monday it is parting ways with firebrand anchor Tucker Carlson, the network's most popular prime-time host and a leading voice in the modern conservative movement known for his conspiratorial rhetoric and culture-warrior provocations. The network announced the stunning news days after it agreed to pay nearly $800 million to Dominion Voting Systems to avert a high-stakes defamation trial that had cast a shadow over the future of the network. "FOX News Media and Tucker Carlson have agreed to part ways," the company said in a short news release. "Mr. Carlson's last program was Friday April 21st." Carlson's most recent broadcast did not feature any indication that he was preparing to leave the network. "We'll be back on Monday," he said cheerfully at the end of Friday's episode. Fox News did not specify why Carlson is leaving , and a spokeswoman did not immediately respond to an email from NBC News requesting more information ...
Read more

GM to end production of electric Chevy Bolt, its first mass-market EV, this year

DETROIT — General Motors plans to end production of its electric Chevrolet Bolt models by the end of this year, CEO Mary Barra told investors Tuesday when discussing the company’s first-quarter earnings. The Chevy Bolt EV and EUV, a larger version of the car, make up the vast majority of the company’s electric vehicle sales to date. However, the battery cells in the cars are an older design and chemistry than the automaker’s newer vehicles such as the GMC Hummer and Cadillac Lyriq, which utilize GM’s Ultium architecture. Barra said a suburban Detroit plant that has produced Bolt models since 2016 will be retooled in preparation for production of electric trucks scheduled for next year. There’s irony in the timing of the Bolt getting axed. It comes amid record production and sales of the vehicle for mass-market consumers, which was GM’s initial goal. The company plans to produce more than 70,000 of the vehicles this year, as it targets to sell more than 400,000 EVs from early 2022 ...
Read more