Rachel Reeves’ pension plan could damage the north, says ex-minister

Lord Jim O’Neill says small businesses could lose out from merger of local government schemes to create large fund

Government plans to create one of the largest pension schemes in the world from a merger of 87 local authority retirement funds could undermine investment in groundbreaking businesses across the north of England, according to former Treasury adviser Lord Jim O’Neill.

Innovative startup businesses, many of them spun out of universities in Manchester, Leeds and Sheffield, could lose out if the Treasury creates a big fund interested only in backing large companies, he said.

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David Lammy warns of rising risk of full-scale regional war in Middle East

The UK foreign secretary and his French counterpart write in the Observer about their fears over Israel’s escalating tensions with Iran

• It’s never too late for peace in the Middle East – we must break the cycle of violence

There is a rising risk of “full-scale regional war” in the Middle East, the foreign secretary, David Lammy, has warned, amid frantic international efforts to calm tensions with Iran and reach a ceasefire agreement between Israel and Hamas.

With the US secretary of state, Antony Blinken, flying into Israel this weekend to push for a deal, Lammy has joined forces with his French counterpart, Stéphane Séjourné, to warn that now is a “perilous moment” for the region in the midst of widespread fears of escalation involving Tehran and allied militias in Lebanon, Iraq, Syria and Yemen.

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Former Sunak adviser urges Labour to introduce wealth tax on housing

The economist behind the Covid furlough scheme has called for ‘unfair’ council tax and stamp duty to be axed

Council tax and stamp duty are “unfair and unpopular” taxes that should be abolished, says the economist who devised the Covid furlough scheme.

Tim Leunig, who has advised a series of cabinet ministers, including Rishi Sunak during his prime ministership, said it was time for a new and radical approach that would axe the two taxes and replace them with proportional levies.

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Labour must raise GP funding to end ‘8am scramble’, says doctors’ group

General practices forced to ‘do more and more with less and less’, says Doctors’ Association UK

Labour’s promise to “end the 8am scramble” for medical appointments will be impossible without increasing core funding for GPs, according to a leading medical association.

The health secretary, Wes Streeting, pledged during the general election campaign that Labour would “end the 8am scramble by allowing patients to easily book appointments to see the doctor they want, in the manner they choose”.

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Nigel Farage revealed to be UK’s highest-earning MP

Reform UK leader banked £1.2m from role as presenter on GB News and payments from social media

Nigel Farage appears to have become the highest-earning MP, having made almost £1.2m a year from GB News.

In the first register of interests of the new parliament, the Reform UK MP declared that he was earning £97,900 a month as a presenter for GB News, the channel co-owned by the hedge fund billionaire Paul Marshall.

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Scottish Tory deputy leader quits over ‘deeply troubling’ Douglas Ross claims

Meghan Gallacher says allegations about Ross’s actions in leadership contest pose risk to party’s reputation

One of the candidates standing to replace Douglas Ross as leader of the Scottish Conservatives has resigned as the party’s deputy because of “deeply troubling” allegations about Ross’s conduct over the leadership contest.

The Telegraph on Thursday reported that senior party figures alleged Ross had planned to quit as leader a year ago and install as his successor the current favourite to replace him, Russell Findlay.

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‘We fear the police’: young people share their concerns with Yvette Cooper

Home secretary says predecessors ‘turned their backs’ on a generation as she discusses her young futures programme

Yvette Cooper has had a baptism of fire as home secretary – a national tragedy when three girls were murdered at a Taylor Swift-themed dance club and an ensuing week of race riots fuelled by dangerous misinformation.

It has not been easy, but Cooper has been in waiting for more than a decade to take the home secretary job – in the shadow role and as chair of the powerful home affairs committee – and is not about to waste a moment. In fact, her only complaint about the job so far is that her busy schedule and tight security means she is struggling to get enough exercise – apart from the many flights of stairs to her Home Office desk she must climb each day.

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David Lammy condemns ‘abhorrent’ Israel settler attack on West Bank village

Foreign secretary says settlers must be ‘brought to justice’ after violence in Palestinian village leaves one dead

The UK foreign secretary has condemned the “widespread rampage” in a Palestinian village in the occupied West Bank after an attack by dozens of Israeli settlers left at least one person dead.

The Palestinian health ministry said a man was killed and another left critically injured by the settlers who opened fire on Thursday night in the village of Jit.

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Ukraine links Kursk incursion to ‘fair talks’ as Russia closes in on key city

Comments by Zelenskiy aide come as officials in strategic Pokrovsk say Moscow’s forces are ‘advancing at a fast pace’

Ukraine’s lightning offensive into several Russian border regions is designed to persuade Moscow to engage in “fair” talks about its war in Ukraine, an aide to Volodymyr Zelenskiy has said, as Russian forces close in on the strategic city of Pokrovsk in Donetsk region.

“We need to inflict significant tactical defeats on Russia,” the Ukrainian presidential adviser Mykhailo Podolyak wrote on the Telegram messaging app. “In the Kursk region, we clearly see how the military tool is objectively used to convince the Russian Federation to enter into a fair negotiation process.

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Hundreds of Ulez non-compliant vehicles sent from London to Ukraine

Transport for London confirms 330 vehicles approved for donation to help country’s war effort

More than 200 vehicles that fell foul of London’s ultra-low emission zone (Ulez) have been sent to Ukraine to aid the country’s war effort, despite initial legal concerns over the plan.

Transport for London (TfL) said on Friday that 330 vehicles had been given the green light to be sent to Ukraine under the Ulez vehicle scrappage scheme. More than 200 are already in the eastern European country.

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British MPs appeal to Azerbaijan government to free detained academic

In letter to Ilham Aliyev, campaigners urge release of Gubad Ibadoghlu after pre-trial process halted indefinitely

A group of British MPs have called on the Azerbaijan government to free an academic from the London School of Economics and Political Science who was detained after writing articles critical of the country’s environmental policies.

Dr Gubad Ibadoghlu, who is based in the UK, was arrested and held by Azerbaijan authorities while visiting members of his family in July 2023. He has been a prominent critic of the ruling elite in the Eurasian nation, which is preparing to host the Cop29 Climate Summit in November.

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Contaminated blood scandal payouts to start by end of year, says UK government

Individuals could get up to £2.6m in compensation over blood products that caused HIV and hepatitis C

Victims of the contaminated blood scandal will begin receiving compensation before the end of the year, and some people will be entitled to more than £2.5m, the government has confirmed.

An outline of the long-awaited compensation scheme was set out in May, after the final report of the infected blood inquiry laid bare what Rishi Sunak, the then UK prime minister, called “a decades-long moral failure at the heart of our national life”.

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NHS plans review of adult gender services following Cass criticisms

Workers in adult gender clinics allege ‘chaotic’ administration and ‘out of control’ waiting lists

The NHS has set out plans for a review into the safety of adult gender services, in response to detailed concerns raised by the author of the Cass report on gender care for children and young people.

Dr Hilary Cass, the leading consultant paediatrician, listed 16 separate points of concern about the quality of treatment being offered to adults with gender dysphoria in a strongly worded letter to NHS England.

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UK’s National Crime Agency says it is ‘not scared’ of PPE Medpro’s lawyers

Agency says long-running investigation into company run by Tory peer Michelle Mone’s husband will be concluded as quickly as possible

The National Crime Agency has said it is “not scared” of lawyers acting for PPE Medpro, the company led by the Conservative peer Michelle Mone’s husband, Doug Barrowman, and is progressing an investigation into it “as fast as we can”.

The NCA is conducting a long-running investigation into suspected criminal offences committed in the procurement by PPE Medpro of £203m of government contracts to supply personal protective equipment during the Covid pandemic.

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David Lammy said to be planning Israel trip to help prevent wider war

UK foreign secretary will reportedly meet Benjamin Netanyahu amid increasing tensions with Iran

David Lammy is reportedly planning an imminent trip to Israel amid high tensions with Iran, in an attempt to help avert an escalation of war in the Middle East.

The foreign secretary will meet Benjamin Netanyahu, the Israeli prime minister, and Israel Katz, the foreign minister, along with Stéphane Séjourné, the French foreign minister, Sky News reported.

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Labour ‘putting rail passengers first’, says minister as she blames Tories for prolonging strikes – UK politics live

Louise Haigh says she hopes three-year pay deal offered to train drivers will resolve strikes

Chief secretary to the Treasury Darren Jones has said the pay deal offered to train drivers was “good deal for the taxpayer”, because it was “resetting the relationship between government and public sector workers” and preventing strikes.

PA Media reports he said:

There is a direct cost to the economy if the strikes continue and we need to work together in partnership with workers and trade unions and business in order to get sustainable growth back into the economy. So this is a good deal for the taxpayer, it’s a good deal for the economy.

Making pensioners freeze, slashing services, cutting defence projects, increasing rail fares and raising tax all to fund inflation busting pay deals for trade union donors are political choices made by Labour. They are choosing to placate their union donors over everyone else.

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UK economy continues recovery from recession with GDP growth of 0.6%

ONS data shows strong performance in second quarter with service sector helping drive growth

Britain’s economy has extended its recovery from recession after recording growth of 0.6% in the three months to June, handing a boost to the chancellor, Rachel Reeves, in the run-up to the autumn budget.

Figures from the Office for National Statistics (ONS) show gross domestic product continued to grow in the second quarter, after a rise of 0.7% in the first three months of 2024. The reading matched the forecasts of City economists.

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Treasury failed to inform watchdog of top official’s Labour donations – report

Civil Service Commission was not told that Ian Corfield had given the party more than £20,000 over 10 years

A Labour donor was approved for a senior Treasury role without the civil service watchdog being informed of his donation history, it has emerged.

Ian Corfield has donated more than £20,000 to Labour politicians in the last ten years, including £5,000 to the chancellor, Rachel Reeves, last summer, according to Electoral Commission data.

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Tory donor Lycamobile handed winding-up order from HMRC amid tax dispute

Pay-as-you-go simcard seller often filed late returns, had accounts queried by auditors and was embroiled in eight-year VAT battle

Lycamobile, a telecoms company that has given more than £2m to the Conservative party, has been issued with a winding-up petition by HM Revenue and Customs, amid a long-running VAT dispute.

The company, founded by businessman Allirajah Subaskaran in 2006, sells pay-as-you-go sim cards that are popular with low-paid workers wanting to make cheap phone calls to family overseas, as well as in the UK.

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Labour urged to scrap £4bn Tory mega-jails plan and fund rehabilitation

Exclusive: Former chief inspector of prisons Nick Hardwick says money would be better spent preventing crime

Ministers should scrap Conservative plans to build new mega-jails and pour £4bn into the prevention of crime and rehabilitation instead, the former chief inspector of prisons has said.

Nick Hardwick, who is also a former head of the Parole Board, said a huge expansion of the prison system would not solve the problem, especially when average custodial sentences are rising.

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