Deregulation drive risks repeat of financial crisis, Bank of England governor says Banking The governor of the Bank of England has distanced himself from Chancellor Rachel Reeves’ deregulation agenda, suggesting the move could cause a repeat of the 2008 financial crisis. Andrew Bailey told MPs on the Treasury Committee that the UK “cannot compromise” on financial stability after the government laid out plans to remove regulatory red tape [...]
Rachel Reeves at risk of becoming shortest-serving Labour Chancellor Politics Rachel Reeves is at risk of becoming the shortest-serving Labour Chancellor in history after Prime Minister Sir Keir Starmer declined to give her a public show of support. The PM was facing questions at Prime Minister’s Questions today over his handling of a welfare reform package which has been stripped of key elements to limit [...]
Spending Review: Reeves splashes cash across transport, healthcare and energy Politics Rachel Reeves has insisted her fiscal rules are “non-negotiable” as the Chancellor splurged on transport, tech and energy investment in her Spending Review, paving the way for further tax hikes in the autumn. Reeves said she made “the choices necessary to fix the foundations of our economy” accusing the previous government of leaving a “£22bn [...]
Are ministers ignoring the AI copyright crisis? May 26, 2025 The UK government recently rejected a House of Lords-backed amendment to the data bill for the second time, intensifying a stand-off between policy makers and the creative industries over the role of copyright in AI development. At the centre of this dispute is a provision, introduced by Baroness Beeban Kidron, that would require AI firms [...]
UK halts trade talks with Israel May 20, 2025 The UK has paused trade deal negotiations with Israel in response to its military offensive in Gaza, the foreign secretary has said. Speaking in the Commons, David Lammy confirmed that negotiations with the Israeli government over a bilateral trade pact have been put on ice until the country ensures “unhindered provision of aid”. “We have [...]
Independent Football Regulator costs could hike ticket prices, MP says April 28, 2025 Shadow sport minister Stuart Andrew has insisted the Independent Football Regulator’s reported £47.3m club compliance cost could push ticket prices up for fans. It came as the Conservatives, who introduced the original Football Governance Bill before the 2024 General Election, opposed the proposed legislation at the second reading stage on Monday in the House of [...]
Thousands march in protest at Supreme Court ruling on definition of a woman April 19, 2025 Thousands of trans rights protesters have marched through central London days after a Supreme Court ruled on the definition of a woman. Supporters, trade unions and community organisations came together for what was billed as an “emergency demonstration” which started in Parliament Square before heading towards St James’s Park. Activists demanded “trans liberation” and “trans [...]
UK-US trade deal could be agreed within weeks, as MPs call for vote April 17, 2025 A trade deal between the UK and the US could reportedly be agreed within weeks, as senior MPs have called for Parliament to have a vote on any such agreement. According to a report in the Telegraph, White House officials believe a deal with the UK could be finalised with President Donald Trump’s administration in [...]
British Steel: Why are MPs having an emergency session? April 12, 2025 Westminster had begun to wind down gently on Friday afternoon. Parliament had concluded its formal business on Tuesday in advance of Easter. The news therefore came as jolt that the Speaker, Sir Lindsay Hoyle, had agreed to a request from the government to recall the House of Commons to sit from 11.00 am on Saturday; [...]
Trump tariffs: No10 resists calls for ‘buy British’ campaign April 8, 2025 No10 has resisted calls for a “buy British” campaign in light of US tariffs, after the Chancellor slapped down the idea and suggested it could be a barrier to trade. Rachel Reeves warned against the UK becoming “inward looking” as she faced calls in the Commons to encourage the public to buy more British goods [...]