‘Bitter pill’: MPs set to be on almost £94k after above inflation pay rise February 10, 2025 Plans for MPs to earn almost £94,000 after an above inflation pay rise have been criticised as a “bitter pill to swallow”. Members of Parliament (MPs) are in line for a 2.8 per cent pay increase which would put their annual salaries at £93,904, up from £91,346. It comes after the body in charge of [...]
PMQs: Badenoch says businesses ‘abandoning North Sea’ due to Starmer February 5, 2025 Businesses are “abandoning the North Sea” because of Sir Keir Starmer’s decisions, Kemi Badenoch has claimed at PMQs, as he she criticised the “signal he is sending to investors”. Her comments came after a Scottish court ruled that green lighting the Rosebank and Jackdaw oil and gas fields was unlawful, following a court battle brought [...]
Rosebank: Britain’s future ‘not in more oil and gas’, energy minister warns February 4, 2025 The UK’s future “does not lie in more oil and gas”, an energy minister has told MPs, just days after a court ruled against consent for two new fields in the North Sea. A judge last week upheld a legal challenge by environmental campaigners against the decision to grant consent to two new oil and [...]
Grow, baby, grow… but will Labour’s growth agenda be enough? January 29, 2025 City AM’s politics reporter, Jessica Frank-Keyes, unpacks the week in Westminster. Today, she tackles Labour’s growing promises. Picture a graph with the x axis stretching from 1800 to the present day. The data is represented as a fairly flat line along the bottom, up to about 1960. Then it bumps around at about a quarter [...]
Heathrow: Starmer won’t say if he backs London airport expansion January 22, 2025 Sir Keir Starmer has refused to say whether he would back the expansion of Heathrow Airport after voting against a third runway in 2018. The Prime Minister said would not be “comment on speculation” on the issue, as emphasised the government is “committed to growth” when asked about reports ministers could be set to approve [...]
Starmer’s value for money office might be a waste of money, MPs warn January 20, 2025 Keir Starmer’s new value for money office might be a waste of money, an influential group of MPs have warned in a sceptical report. The newly-established Office for Value for Money (OVfM), which Labour pledged to set up ahead of the election, is supposed to improve government competitiveness and crackdown on waste. But concerns have [...]
‘Budget hasn’t worked’: Reeves defends China trip as Stride says Brits ‘deserve better’ January 14, 2025 Rachel Reeves has defended her trip to China amid economic turmoil in the UK as MPs argued her Budget “hasn’t worked” and insisted: “The British people deserve better.” The Chancellor appeared in the House of Commons for the first time since last week’s bond market shock threw her public spending plans and fiscal rules into [...]
The runners and riders to replace under-fire City minister Tulip Siddiq January 10, 2025 Downing Street is reportedly weighing up a number of potential candidates to replace Tulip Siddiq as her position as City minister comes under increasing pressure. Siddiq, the niece of ousted Bangladeshi leader Sheikh Hasina, has been in the headlines since last month when she was named in an investigation into whether her Bangladeshi family embezzled [...]
‘Where is the Chancellor?’: Rachel Reeves urged to cancel China trip amid gilt turmoil January 9, 2025 Mel Stride has criticised Rachel Reeves for her absence in parliament as the UK government’s borrowing costs soar, asking the commons: “Where is the Chancellor?” The Conservative shadow Chancellor hit out at Reeves, who is coming under pressure to cancel a long-planned trip to China and Davos, during an urgent question in the Commons. It [...]
PMQs: Siddiq ‘acted appropriately’ by referring herself to adviser, Starmer says January 8, 2025 Sir Keir Starmer has insisted Tulip Siddiq has “acted appropriately” by referring herself to the independent adviser on standards and said he would not give “running commentary” of the recently announced probe into her finances. The City minister referred herself to Sir Laurie Magnus, the Prime Minister’s Independent Adviser on Ministers’ Interests on Monday, for [...]