Politics

Sir Keir Starmer has called for a recall of parliament to discuss the financial market turmoil following Friday’s mini-budget. Speaking to reporters, the Labour leader said the move by the Bank of England to launch a temporary bond-buying programme to prevent “material risk” to UK financial stability was “very serious”. Politics Hub: ‘Growing movement’ for

The International Monetary Fund (IMF) has criticised the UK government’s mini-budget, saying the plans for tax cuts and spending will increase inequality and counteract the Bank of England’s monetary policy. The conflicting government and currency policies, of seeking to ramp up growth via tax cuts and rein in inflation through interest rate rises, attracted sharp

Sir Keir Starmer has announced that a Labour government will create Great British Energy – a new, publicly owned company that will generate renewable sources “to cut bills, create jobs and deliver energy independence”. The role of GB Energy will be to provide additional capacity alongside the private sector, to establish the UK as a

Sir Keir Starmer will claim a “changed” Labour can turn the UK into a “growth superpower” in his keynote conference speech – as a new poll gave the party its largest lead over the Conservatives in more than two decades. The Labour leader will tell party delegates in Liverpool on Tuesday that Labour’s Green Prosperity

Labour’s shadow chancellor Rachel Reeves has said the UK government is putting the economy in danger and attacked Prime Minister Liz Truss’s plan of “trickle-down economics” after the pound sank to a record low against the dollar. Sterling slipped to a low of $1.0327 on Monday, before stabilising at around $1.07, following lows seen after

Shadow chancellor Rachel Reeves has said she’s never felt so optimistic about the future of the Labour party in her more than 12 years as an MP. Speaking to Sky News’ Kay Burley, Ms Reeves called Sir Keir Starmer a “brilliant man” and said that under his leadership, the party is finally “winning the battle

Angela Rayner has said she is “worried” about the online abuse aimed at This Morning hosts Phillip Schofield and Holly Willoughby after allegations they skipped the queue to see the Queen’s coffin. Speaking at a fringe event at Labour’s conference in Liverpool, the party’s deputy leader said the attack they are facing on social media

A union boss has said Sir Keir Starmer must “cosy up to working class people” to be effective in Opposition against the Conservative government. Speaking to Sky News’ chief political correspondent Jon Craig ahead of Labour’s party conference, RMT chief Mick Lynch said Sir Keir must “show a way that he identifies with the struggles

The Labour Party’s annual conference begins today – and policies on neighbourhood policing and clean energy are among those on the agenda. The Labour leader is seeking to set out the dividing lines between his party and the new Tory government during the four-day event. Speaking at a London Labour reception on Friday evening, Sir

Labour will attempt to fight back against the chancellor’s Trussonomics tax giveaways by unveiling rival plans to boost economic growth at its conference in Liverpool. The four-day conference will begin with a tribute to the Queen by party leader Sir Keir Starmer and the national anthem, a move that will be criticised by left-wingers. Deputy

It may have been billed a mini-budget, but what Kwasi Kwarteng announced on Friday was massive. A package of tax cuts on a scale not seen for half a century, paid for through borrowing at increasingly expensive rates in the hope that it will deliver better growth. This is an administration that promised “shock and

Councils are calling on the new prime minister to honour her promise to put £13 billion into social care, as government plans to scrap the newly introduced national insurance levy were confirmed. Ahead of today’s mini-budget, Chancellor Kwasi Kwarteng said the tax hike – introduced in April to pay for social care and tackle the

People working part-time will face cuts to their benefits if they do not look for extra hours, the chancellor is set to announce. As part of his mini-budget on Friday, Kwasi Kwarteng will say claimants working up to 15 hours a week on the National Living Wage will have to take “active steps” to increase

Vladimir Putin’s nuclear threats are part of a desperate attempt to justify his “catastrophic” failure in Ukraine, Liz Truss has said. In her first speech on the world stage as prime minister, Ms Truss accused the Russian president of “sabre rattling” after he said that his country would use “all the means at our disposal”

Liz Truss is putting the public finances on a “unsustainable path” with her plans to slash taxes while capping energy bills, a leading economic think tank has warned. The Institute for Fiscal Studies (IFS) has calculated that the combination of higher spending and tax cuts means government borrowing is expected to hit £100bn a year

When Liz Truss was vying to be the Conservative Party leader and our next prime minister, some of her colleagues worried that, as the anointed choice of Prime Minister Johnson, she was going to be the Boris Johnson continuity candidate. On the economy, they could not have been more wrong. Since becoming the prime minister