Liz Truss refuses to commit to raising benefits in line with inflation – UK politics live

Prime minister says she is committed to ‘supporting most vulnerable’ but stresses need to be ‘fiscally responsible’

Truss was asked about her views on what she has described as “obstacles to growth” replying that she was intent on pressing ahead with plans to remove “top-down” housing targets.

It’s wrong that how houses are built is centrally directed. Instead we are setting up new investment zones, which are places that people want homes to be built and they want businesses to be built. It’s an approach based more on local consent than centrally based targets.

That is the balance that she needs to strike. Yes there is more that we can do to get the highly skilled people we need in our economy but we also need to train more people.

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C of E must welcome gay people or face questions in parliament, says MP

Labour’s Ben Bradshaw says church is ‘actively pursuing a campaign of discrimination’ against lesbian and gay people

The Church of England must move swiftly to welcome lesbian and gay people and embrace same-sex marriage or face mounting questions in parliament about its role as the established church of the country, a senior MP has said.

The church was “actively pursuing a campaign of discrimination” against lesbian and gay people that was incompatible with its role as a church for England, said Ben Bradshaw, the Labour MP for Exeter and a former secretary of state for culture, media and sport.

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Kwasi Kwarteng set to address Tory conference with authority on the line after 45% tax rate U-turn – UK politics live

Chancellor expected to give changed address after confirming plan to axe top rate of income tax has been scrapped

Q: Where does this leave your credibility?

Kwarteng says he has been in parliament for 12 years. He says ministers do sometimes change their minds.

I decided, along with the the prime minister, not to proceed [with the policy].

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Labour demands names of guests at champagne event Kwarteng attended

Drinks reception with wealthy Tory donors took place on same day the chancellor delivered mini-budget

Pressure is growing on the Tory party to provide a full list of attendees at a private champagne reception attended by the chancellor, Kwasi Kwarteng, hours after he delivered his mini-budget.

Anneliese Dodds, the Labour chair, has written to her Conservative counterpart, Jake Berry, calling on him to release a list of those in attendance and whether they pledged donations or paid a fee to be there.

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To win an outright Commons majority, Labour will have to gamble

Surging poll numbers mean the party can dare to dream of No 10, but it’s been here before, and the path is riskier than ever

Twelve short months ago, Boris Johnson’s Conservatives were riding a vaccine bounce, and high-spirited Tory commentators were speculating about another decade in office. Now it is Labour who are buoyant, as their poll numbers surge to record highs after a disastrous mini-budget from the new Truss administration unleashed economic and political turmoil. Some in Labour now dare to dream big. Could their party rebound from the worst performance in 80 years straight to a Commons majority?

Veterans counsel caution. Labour has been burned before. Ed Miliband’s opposition posted regular big poll leads during the coalition only for these to evaporate come polling day. But history never repeats itself exactly. Unless the economic weather changes fast, the next election will be fought in the wake of inflation, recession and home repossessions. The Conservatives’ ratings on economic management are already the worst in a generation, with much of the real pain still to come. When their reputation was last torched like this, by the ERM crisis, the next result was a Labour landslide. Time to start humming Things Can Only Get Better?

Robert Ford is professor of political science at Manchester University and co-author of The British General Election of 2019

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Truss ‘standing by Kwarteng’ as Treasury defends plans despite market turmoil – as it happened

No 10 says PM has faith in chancellor, as Treasury minister says tax cuts are the ‘right plan’. This blog is now closed

Q: When would you get debt falling as a proprotion of GDP?

Starmer says Labour does want to get that down.

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Will Labour’s energy plans work?

While there are questions about the pace of Labour’s proposals, criticism in rightwing newspapers is bizarrely wide of the mark

Labour’s ambitious plan for zero-carbon power by 2030 raises legitimate questions – which we’ll come to shortly – but the commentary in rightwing newspapers is bizarrely wide of the mark.

Perhaps the strangest was a Daily Telegraph editorial that claimed Labour’s plan “would make the country more dependent on imported gas, not less”. As should be obvious, the opposite is true.

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Labour promise of free breakfasts ‘first step on the road to rebuilding childcare’

Shadow education secretary Bridget Phillipson to announce plan to fund breakfast clubs in every primary school

Labour will rebuild a new childcare system to ease the pressure on parents from the “end of parental leave right through to the end of primary school”, shadow education secretary Bridget Phillipson said, starting with a pledge on free breakfast clubs.

Phillipson will announce on Wednesday that fully funded breakfast clubs for every primary school in England would be funded by the revenues raised by restoring the top rate of income tax to 45p, if Labour were elected.

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Great British Energy: what is it, what would it do and how would it be funded?

The details behind Keir Starmer’s proposed publicly owned energy company when Labour take power

The key pledge of Keir Starmer’s Labour conference speech was the proposed launch of Great British Energy, a publicly owned energy company to invest in clean UK power as part of the party’s commitment to “fight the Tories on economic growth”. But how does it work, and is it the same as renationalising energy?

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Keir Starmer promises to launch publicly-owned UK energy company as he hails ‘Labour moment’ – UK politics live

Latest updates: the Labour party leader used his conference speech to spell out his plan for the UK

The decision to pay Liz Truss’s new chief of staff, Mark Fullbrook, through a private company has been dropped after criticism from within the Conservatives as well as from opposition parties.

The government admitted over the weekend that Fullbrook would be paid through his lobbying firm, a move that could have helped him avoid paying tax. He had previously claimed the firm had stopped all commercial activities.

The world we are heading for is a bumpy few weeks. The chancellor is now going to have quite a tough time because he has now set out plans to balance the books in November. That is going to be very hard.

Actually balancing the books in November is going to be harder than it would have been to show you are balancing the books last week because higher interest rates will make it harder to do. You might need £15bn worth of tough choices now that you didn’t need last Friday.

In the end, lower taxes will mean worse public services, or other people’s taxes having to go up, and it is those choices and ducking those choices that markets are looking at and saying that is not what serious policymaking looks like.

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Labour says financial turmoil is ‘just the tip of the iceberg’

Shadow health secretary condemns Kwasi Kwarteng’s ‘reckless gamble’ and says Labour ‘cavalry is coming’

The shadow health secretary, Wes Streeting, has said the “cavalry is coming” with the Labour party as he warned that the current turmoil on financial markets was “just the tip of the iceberg”.

Streeting criticised last week’s mini-budget from the chancellor, Kwasi Kwarteng, as a “reckless gamble”.

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Labour delegates urged to back PR to end ‘trickle-down democracy’ – UK politics live

Latest updates: Labour delegate says current electoral system allows Tories to get away with measures like ‘protecting bankers’ bonuses’

In June, as the RMT union launched what has become an ongoing series of strikes, Keir Starmer ordered Labour frontbenchers and shadow ministerial aides not to join picket lines. This infuriated leftwing Labour MPs and some union leaders, notably Sharon Graham, the general secretary of Unite.

At one point it looked as if there might be a huge row at conference about whether shadow ministers should or should not be allowed to join picket lines. But, in an interview with the Today programme this morning, Graham suggested that a truce of sorts has been agreed – even if the two sides do not entirely see eye to eye.

My issue about this … isn’t necessarily around one person on a picket line because, quite frankly, that isn’t the issue. The issue is the mood music [ordering shadow ministers not to join picket lines] suggests. It suggests a mood music that being on the picket line is somehow a bad thing. It’s a naughty step situation.

The party who is there to stick up for workers should not give the impression – that’s the problem, it gives the impression – that they are saying picket lines are not the place to be. And I think that it was unfortunate. I think it was a mistake. I think, to be honest with you, Labour knows it was a mistake. And I don’t actually think it’s holdable.

When people go on strike it is a last resort at the end of negotiations. And I can quite understand how people are driven to that … I support the right of individuals to go on strike, I support the trade unions doing the job that they are doing in representing their members.

I’m incredibly disappointed that as delegates we’ve been excluded from this key part of the conference’s democratic process.

This is an unprecedented move silencing members’ voices. Our CLP sent us here to Liverpool to promote our motion on public ownership and a Green New Deal, but we’ve been unfairly denied that right.

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Monday at the Labour conference: the highs and lows

Against a backdrop of the falling pound, the opposition sets out an alternative vision

“It will fall to us to fix the damage the Tories have done. We have done it before, we will do it again” – Rachel Reeves, the shadow chancellor, making her speech to conference on the day the pound hit a record low against the dollar.

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Party conference will be last before Labour governs, says Andy Burnham

Greater Manchester mayor predicts regaining lost ‘red wall’ seats in Q&A with Guardian editor-in-chief

Andy Burnham has said Labour is on the brink of government, predicting the party will win back all of the “red wall” seats it lost in 2019.

The Greater Manchester mayor also doubled down on calls for Labour to reinstate the 20p tax rate after planned cuts by Liz Truss, saying the money should be directed to public sector pay, and reiterated calls for nationalisation of the railways, calling it a “no-brainer”.

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Keir Starmer defies call for changes to first past the post voting system

The Labour leader said electoral reform was not a priority and refused to make it one of the party’s election manifesto pledges

Keir Starmer has ruled out including any support for a change in the voting system in Labour’s election manifesto, as senior figures from across the party joined calls to back proportional representation (PR).

Labour’s annual conference, under way in Liverpool, is expected to back a motion calling for the party to drop its historical support for the first past the post system amid concerns that it has locked Labour out of power.

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Keir Starmer unveils green growth plan to counter Liz Truss’s tax cuts

Labour pledges a revolution in green energy to ‘boost jobs and slash emissions’

Keir Starmer will pledge to deliver a new era of economic growth and permanently lower energy bills by turning the UK into an independent green “superpower” before 2030, through a massive expansion of wind and solar energy.

Announcing details of the plan exclusively to the Observer, the Labour leader says he will double the amount of onshore wind, triple solar and more than quadruple offshore wind power, “re-industrialising” the country to create a zero carbon, self-sufficient electricity system, by the end of this decade.

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Tories gambling with the finances of British people, says Starmer

Labour leader attacks ‘casino economics’ in wake of £45bn package of tax cuts announced by chancellor

Sir Keir Starmer has accused the government of “gambling the mortgages and finances” of the British people with its “casino economics”.

Speaking before his party’s conference in Liverpool, the Labour leader tweeted: “Tory casino economics is gambling the mortgages and finances of every family in the country. Labour will secure growth for working people, that benefits all communities. My government will deliver a fairer, greener future.”

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Mini-budget 2022: pound crashes as chancellor cuts stamp duty and top rate of income tax – live

Tax cuts to cost Treasury around £37bn in 2023-24, official figures reveal

There are no urgent questions in the morning, and so Kwasi Kwarteng, the chancellor, will be delivering his statement soon after 9.30am.

The Commons starts sitting at 9.30am, but they always begin with prayers in private, and so Kwarteng will be up a few minutes later.

The last time they did it one third of the beneficiaries were people buying second homes or buy to let, so we are sceptical that this is the magic bullet to increase homeownership. What we really need to do is to build more houses and to help get people onto the property ladder by increasing the supply of housing.

When this has been done before, it has often fuelled an already hot market and many of the beneficiaries have been people buying a second or third home, rather than the first time buyers that we really want to help who are often trapped in private rented accommodation where they’re paying as much in rent every month as they would in a mortgage.

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Starmer must not ‘sit back’ if Labour is to win next election, Mandelson says

Former cabinet minister urges Labour leader to be ‘restless for change’ and challenge ‘post-truth’ campaign by Truss government

Liz Truss will mount a “post-truth” campaign presenting the Conservatives as the party of change at the next election, Peter Mandelson has warned, as he called on Keir Starmer not to “sit back” and assume automatic victory.

While Labour has held a steady lead in the opinion polls for nine months, Starmer was urged by the former cabinet minister to “do a better job” of showing voters how the party has evolved under his leadership to cement its chances of entering government.

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‘Not every measure will be popular’: Truss says voters may not like all her pro-growth measures – UK politics live

Latest updates: prime minister says she is willing to implement unpopular policies to try to boost growth in the UK

Rosie Cooper has indicated that she intends to stand down as Labour MP for West Lancashire to take up a new job as chair of the Mersey Care NHS foundation trust. In her statement announcing the move Cooper says that events in recent years have “undoubtedly taken their toll” – a reference to Cooper being targeted by a neo-Nazi who was jailed for life in 2019 for plotting to kill her.

Cooper’s statement implies she will resign and trigger a byelection. At the last election she had a majority of more than 8,000 over the Conservatives, and in a byelection Labour would be expected to hold the seat very easily.

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