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Labour government

  • Starmer ally defends minimum wage quango after Sunak calls for it to be axed

    Economics

    Welfare secretary Pat McFadden has leapt to the defence of the minimum wage quango after former Prime Minister Rishi Sunak called for the body to be axed. The top ally of Sir Keir Starmer told City AM it “would be a mistake” to abolish the Low Pay Commission (LPC), an independent body that advises the [...]

    Labour's Pat McFadden could oversee small welfare reforms that could make reasonable savings for public finances.
  • ‘Bond market meltdown’: UK borrowing costs highest since 1998 as Starmer fights for survival

    Politics

    Warnings of a “bond market meltdown” flashed through the City on Tuesday after government borrowing costs soared as pressure mounted on Sir Keir Starmer’s future in Downing Street. For weeks, City investors have been on high alert as fears mounted that a mass rebellion would be triggered after devastating local election results. Traders fear the [...]

    Keir Starmer stands with a British flag, highlighting political leadership and national pride in a business news context.
  • UK borrowing costs storm past five per cent after Starmer warns of ‘chaos’ if ousted

    Politics

    UK government borrowing costs have stormed higher following an attempt from Prime Minister Sir Keir Starmer to shore up support after a disastrous local election result. The yield on 10-year gilts rose nearly 10 basis points to over five per cent for the second time in mere weeks. It comes after Starmer sought to defy [...]

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  • Starmer sticks to youth minimum wage pledge despite jobs fears

    February 18, 2026

    The government will stick to the Labour party’s manifesto commitment to equalise the minimum wage despite speculation it would row back on the pledge over unemployment fears, the Prime Minister has said. Speaking on Wednesday, Sir Keir Starmer said: “We’ve made commitments to young people in our manifesto, and we will keep to those commitments, [...]

  • Starmer only cares about victims ‘to save his skin’, Badenoch blasts

    February 11, 2026

    Sir Keir Starmer faced a brutal grilling at Prime Minister’s Questions on Monday where Kemi Badenoch accused the Prime Minister of only caring about victims of sexual abuse “to save his skin”. In a fiery exchange that was highly party-political but light on policy, the Labour leader said he had “accepted responsibility and apologised for [...]

  • Starmer’s chief of staff Morgan McSweeney resigns over Mandelson appointment

    February 8, 2026

    The chief of staff to Prime Minister Sir Keir Starmer has resigned following mounting criticism over the appointment of Peter Mandelson to the US ambassadorship. Morgan McSweeney – who succeeded Sue Gray to the post in October 2024 – said the decision to nominate Lord Mandelson as ambassador to the US was “wrong” and he [...]

  • Mandelson branded a ‘naive sucker’ as he tried to build career post-government

    February 4, 2026

    Peter Mandelson was branded “naive” and a “sucker” in new revelations from the Epstein files that shine a light on Mandelson’s efforts to build a career post-government. The Labour veteran told convicted paedophile Jeffrey Epstein that he had sought the advice of financier Nathaniel Rothschild as he weighed up a role at advisory and investment banking [...]

  • Labour erupts into civil war after Starmer allies block Burnham’s by-election bid

    January 25, 2026

    The Labour party was thrown into a civil war on Sunday after a group of Keir Starmer’s closest allies on the ruling committee blocked Andy Burnham from standing in the forthcoming by-election in the North West. Labour’s National Executive Committee (NEC) voted in an eight to one ruling against Burnham on Sunday meaning the metro [...]

  • Labour ruling committee block Andy Burnham from by-election race

    January 25, 2026

    Andy Burnham has been blocked from running as the Labour candidate in the forthcoming by-election in the North West. The Manchester Mayor lodged his request for selection in the Gorton and Denton race on Saturday following Andrew Gwynne announcing his intention to step down. Speculation had mounted Burnham would face opposition from Labour’s governing body [...]

  • Starmer’s future hinges on May election reckoning, polling expert says

    December 27, 2025

    The future of Sir Keir Starmer’s premiership hinges on the forthcoming May elections where the Labour party is expected to take a bruising, a polling expert has said. Conservative peer Lord Robert Hayward said: “A few months ago it looked as if May 7 would be decisive for the leaderships of both Labour and Conservatives. [...]

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