Yield on 30-year gilts highest since 1998 as rout triggered by global factors underlines tricky backdrop John Healey faces
The chancellor’s headroom against Labour’s fiscal rules could be almost halved at his first budget if the current global bond sell-off persists into the autumn, economists say.
The UK’s long-term borrowing costs jumped to their highest level since early 1998 on Tuesday as investors dumped government bonds, betting on higher inflation.
Continue reading...Exclusive: Prime minister wants to ‘bring back hope’ by tackling cost of living as MPs call for electoral reform
Andy Burnham will drive home his pledge to bring more essential services back into public control, telling MPs in the Commons on Tuesday that it will be the only way to improve growth across the country.
Burnham will address the house for the first time in 16 years from the frontbench, and six weeks since he became prime minister, after spending the summer recess announcing a slew of policies that will now be put before MPs.
Continue reading...Conservative leader sacks shadow chancellor Mel Stride and shadow foreign secretary Priti Patel
Kemi Badenoch sacked her shadow chancellor, Mel Stride, and the shadow foreign secretary, Priti Patel, in a sweeping Conservative reshuffle on Monday, replacing Stride with Andrew Griffith, and Patel with Tom Tugendhat.
Stride, who had been shadow chancellor since Badenoch became leader, was widely seen among Tories as failing to make an impression at a time when Labour had been under pressure over the economy.
Continue reading...‘Alt-right’ agitator and former Trump backer deported from US is said also to be too extreme for Reform
As he arrives back in the UK after being deported from the US by the Trump administration, the far-right provocateur Milo Yiannopoulos may be wondering what lies ahead for him in his native country.
The “alt-right” agitator, 41, made his name in the US by promoting Donald Trump and associating with his allies before the 2016 election.
Continue reading...Campaigners welcome plan to bring IPP sentences to a close but say the move is long overdue
Campaigners have hailed Andy Burnham’s pledge to bring an end to indefinite jail terms as “a day that thousands of families have spent years fighting for”.
The prime minister has said he will “end the injustice” of imprisonment for public protection (IPP) sentences during this parliament, meaning people will no longer be trapped indefinitely under a sentence abolished more than a decade ago.
In the UK and Ireland, Samaritans can be contacted on freephone 116 123. In the US, you can call or text the National Suicide Prevention Lifeline on 988, chat on 988lifeline.org, or text HOME to 741741 to connect with a crisis counselor. In Australia, the crisis support service Lifeline is 13 11 14. Other international helplines can be found at befrienders.org
Continue reading...City firms tapped for case studies to try to convince global watchdog that London has cleaned up its act
The government is asking bankers and lawyers to provide feelgood stories about how they blocked dirty money from entering the UK, as ministers try to prove the UK’s money-laundering controls are working.
The Treasury’s call for evidence is meant to illustrate that the UK has upped its game when it comes to preventing financial crime, particularly since its last dismal assessment by the Financial Action Task Force (FATF) global crime watchdog in 2018, which fuelled allegations that London had become a hub for “dirty money”.
Continue reading...Shadow minister for housing, communities and local government to resign with immediate effect
James Cleverly has resigned from the shadow cabinet to run for mayor of London.
The Tory heavyweight, who was once home and foreign secretary and is shadow minister for housing, communities and local government, told the Sunday Times he will resign with immediate effect.
Continue reading...Bridget Phillipson says government would not have to consider releasing prisoners early if Tories had created more capacity
Cells to hold newly arrested people could run out without the early prison release scheme, a minister has said.
Bridget Phillipson defended the plan to address the prison capacity crisis in England and Wales by releasing thousands of prisoners early, which has been criticised by domestic abuse charities, bereaved families and probation officers among others.
Continue reading...Moscow recruits an estimated 1,000 people a day but western officials say it cannot keep up with casualty level
Russia is losing about 6,000 more troops in Ukraine each month than it can recruit, western officials have said.
While Russia is still acquiring new battlefield recruits at speed, with an estimated rate of 1,000 a day, in the last two months even this has not been sufficient to replace those killed or injured.
Continue reading...Speech part of effort to strengthen National Rally party’s international ties before Marine Le Pen’s presidential bid
The French far-right leader Jordan Bardella is to give a speech at Reform UK’s party conference in Birmingham next week as he attempts to boost international ties before Marine Le Pen’s bid for the French presidency next spring.
Le Pen’s far-right, anti-immigration National Rally (RN) is high in the polls and she is predicted to reach the final round of the French presidential race in May.
Continue reading...New rules are aimed at protecting people in debt in England and Wales and stopping homeowners being ripped off
A clampdown on “rogue bailiffs” has been launched by Andy Burnham amid concerns that vulnerable people are being overcharged and face aggressive behaviour.
In the latest in a series of “everyday fixes” to ease the cost of living and “make Britain fairer”, the prime minister said he was strengthening the rules that apply to bailiffs in England and Wales to better protect people in debt.
Continue reading...Lawyers claim Eman el-Shazly, from Birmingham, was detained in effort to silence her sister, a critic of Sisi regime
The UK Foreign Office has been asked to intervene to secure the release of a British-Egyptian woman who it is claimed has been arrested in Cairo because of her sister’s political activism.
Eman el-Shazly, a 45-year-old based in Birmingham, was arrested on 16 August while visiting Egypt. Her lawyers say she has been detained in an attempt to silence her sister Mona, a relentless and harsh critic of the Egyptian government on her UK-based YouTube channel.
Continue reading...Streeting says role is chance to show strength and challenge stereotype that ‘persists in dark corners of internet’
Wes Streeting has described receiving a mass of homophobic abuse since he was made defence secretary last month, while also saying his appointment had been welcomed by some in the Ministry of Defence (MoD) as a sign of change.
Until 2000, gay men and lesbian women were banned from serving in the UK military, with about 200-plus personnel thrown out of the forces each year due to their sexuality – an estimate, as proper records were not kept.
Continue reading...Exclusive: Nearly 100 Labour MPs support commission on changing the system used for Westminster election
Andy Burnham will face an immediate test of his backing for electoral reform in his first week in parliament as prime minister, with almost 100 Labour MPs supporting a bid for a new national commission.
Burnham, a longtime advocate of electoral reform, will be asked to support the new commission into ditching first past the post in his first 100 days as prime minister.
Continue reading...Exclusive: Nearly 100 Labour MPs support commission on changing the system used for Westminster election
Andy Burnham will face an immediate test of his backing for electoral reform in his first week in parliament as prime minister, with almost 100 Labour MPs supporting a bid for a new national commission.
Burnham, a longtime advocate of electoral reform, will be asked to support the new commission into ditching first past the post in his first 100 days as prime minister.
Continue reading...Government resilience campaign aims to ensure people can cope in a national disaster, in order to free resources for most vulnerable
UK citizens will be told to stock up on tinned food and take steps to ensure they are prepared for national emergencies as part of a new government campaign to improve the nation’s resilience.
The new campaign from the Cabinet Office will set out ways people can prepare for extreme weather events and potential attacks from hostile states, including stocking up on bottled water, sources told the Guardian.
Continue reading...Drivers concerned that bus operator’s offer to retrofit cabs on 730 buses will not be complete by next summer
London bus drivers have resumed strike action over having to work in high temperatures, amid fears that proposed improvements to air conditioning will not be complete by next summer.
About 1,500 members of the Unite union working across north London and Essex are taking part in the four-day strike from Tuesday to Friday, after industrial action earlier this month. Further stoppages are planned for the coming weeks.
Continue reading...Drivers concerned that bus operator’s offer to retrofit cabs on 730 buses will not be complete by next summer
London bus drivers have resumed strike action over having to work in high temperatures, amid fears that proposed improvements to air conditioning will not be complete by next summer.
About 1,500 members of the Unite union working across north London and Essex are taking part in the four-day strike from Tuesday to Friday, after industrial action earlier this month. Further stoppages are planned for the coming weeks.
Continue reading...Anthony Seldon’s book alleges Badenoch asked fellow Tory ministers ‘if anyone was interested in changing the captain’
Kemi Badenoch plotted with fellow Conservative cabinet ministers to remove Rishi Sunak as prime minister months before the general election, it has been claimed.
Anthony Seldon, who has written political biographies of every prime minister since John Major, has alleged in a new book that Badenoch, who was business secretary at the time, phoned several other cabinet ministers to ask “if anyone was interested in changing the captain”.
Continue reading...Anthony Seldon’s book alleges Badenoch asked fellow Tory ministers ‘if anyone was interested in changing the captain’
Kemi Badenoch plotted with fellow Conservative cabinet ministers to remove Rishi Sunak as prime minister months before the general election, it has been claimed.
Anthony Seldon, who has written political biographies of every prime minister since John Major, has alleged in a new book that Badenoch, who was business secretary at the time, phoned several other cabinet ministers to ask “if anyone was interested in changing the captain”.
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