Labour has surged to record leads in multiple polls in the wake of the economic turmoil after the government’s mini-budget. A YouGov/Times poll placed Labour 33 points ahead of the Conservatives, believed to be the largest lead for Labour in any recorded poll since 1998, when the-then PM Tony Blair was enjoying his “honeymoon period”.
Politics
Liz Truss has surfaced today after a week out of the public gaze to insist she believes her mini-budget was right, and “global forces” are to blame for the financial situation. In a round of regional radio interviews ahead of her party conference, Liz Truss’s pre-prepared answers struggled against some tough questioning. “Are you ashamed
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
Liz Truss is a “danger” to the economy and has “lost control” after the fallout from the government’s mini-budget, Sir Keir Starmer has told Sky News. Speaking to political editor Beth Rigby, the Labour leader stopped short of calling for the PM and her chancellor, Kwasi Kwarteng, to quit, saying it was a “secondary” issue.
Labour will tomorrow unveil plans to ensure every primary school child in England has access to fully funded breakfast clubs under a government led by Sir Keir Starmer. Announcing the scheme on the final day of the party’s conference in Liverpool, Bridget Phillipson, the shadow education secretary, will say the policy will be paid for
Liz Truss had to be convinced to issue a government statement yesterday to calm the markets, Sky News understands. Faced with market turmoil, spiking borrowing costs, and the drop in the value of the pound in the foreign exchange markets, the prime minister’s initial instinct was to stand firm and say little or nothing, unwilling
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
Labour will pledge to “build British industry” through the use of a state-owned investment fund during the second day of the party’s conference in Liverpool on Monday. In her speech today, Rachel Reeves, the shadow chancellor, will set out the party’s industrial strategy, which includes promises to invest in national projects from battery factories to
Labour members held a minute’s silence for the Queen and sang the national anthem in a patriotic opening to the annual party conference. Labour leader Sir Keir Starmer also paid tribute to the late monarch, telling party members it “still feels impossible to imagine a Britain without her”. He said: “For us, the late Queen
After last year’s showdown with the Labour left on party rules and the resignation of a shadow cabinet minister, Sir Keir Starmer is hoping for a calmer, happier conference in Liverpool. But the leader knows he is not in control of all his party’s levers – and his bête noires in Momentum and the Corbyn-backing
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
In the end, Kwasi Kwarteng’s statement indeed cost more than £2 billion a minute and turned politics on its head. Threads that linked the three preceding Tory governments since 2010 were severed, while slogans, billboards and arguments about what it has meant in recent years to vote Conservative clattered into the waste bin. The new
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 warned his country would use “all the means at our disposal” to
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
Joe Biden will tell Liz Truss she must work with the EU to find a negotiated outcome to the Northern Ireland Protocol row when they meet later today, the White House has said. The US president and the prime minister will hold a delayed meeting in New York on Wednesday, where world leaders have assembled
Liz Truss has promised the UK will not ration energy, but warned “we cannot jeopardise our security” for the sake of keeping costs down. The prime minister said she supports energy efficiency measures, but will not be encouraging people to use less energy this winter like other countries – such as Germany – have done.
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