57 minutes ago John Prescott ‘got a reception like Beatlemania’, Prime Minister says in tribute

Speaker Sir Lindsay Hoyle led tributes to Lord Prescott, who died last week, calling him a ‘towering figure in the Labour movement and in this House’.

Politics

3 hours ago Wall Street hits record high after Scott Bessent nominated as US Treasury secretary – business live

Bonds rally and dollar dips as investors welcome choice of billionaire hedge fund manager Bessent as next Treasury secretaryNewsflash: A deputy governor at the Bank of England has warned that it is “too early to declare victory” in the fight against inflation.Clare Lombardelli has told a conference organised by King’s Business School this morning that inflation has fallen steeply over the past two years. But, she is concerned that there are signs that the process of “wage disinflation” may be slowing, which would keep the cost of living rising faster than the Bank’s target.The outlook for wages and services prices is unclear from here.We need to see more evidence that wage growth and services inflation will continue their journey down to target-consistent rates.The UK economy has made g...

Society

3 hours ago Badenoch promises to ‘rewire’ economy and slash red tape to compete with China

Kemi Badenoch suggested the system of state bureaucracy was broken as she tried to woo business leaders.

Politics

6 hours ago Wall Street heading for record high after Scott Bessent nominated as US Treasury secretary; Barclays fined £40m over 2008 Qatari deal – business live

Bonds rally and dollar dips as investors welcome choice of billionaire hedge fund manager Bessent as next Treasury secretaryNewsflash: A deputy governor at the Bank of England has warned that it is “too early to declare victory” in the fight against inflation.Clare Lombardelli has told a conference at the Bank this morning that inflation has fallen steeply over the past two years. But, she is concerned that there are signs that the process of “wage disinflation” may be slowing, which would keep the cost of living rising faster than the Bank’s target.The outlook for wages and services prices is unclear from here.We need to see more evidence that wage growth and services inflation will continue their journey down to target-consistent rates.The UK economy has made good progress on disinfla...

Economics

9 hours ago UK politics live: vote on assisted dying bill impossible to predict, says minister

Jess Phillips says ‘we do not know how this vote is going to go’ with the views of many MPs still unclearGood morning. There is plenty happening today. Rachel Reeves, the chancellor, and Kemi Badenoch, the Conservative leader, are both speaking at the CBI conference, where the CBI chief executive Rain Newton-Smith is warning about the impact of the budget on business. Keir Starmer is hosting a meeting at Downing Street about plans to protect women from spiking. “My government was elected on a pledge to take back our streets, and we will never achieve this if women and girls do not feel safe at night,” he says. There will be tributes to John Prescott in the Commons this afternoon. But one issue is going to dominate the week, the vote on the assisted dying bill on Friday, and already that...

Politics

22 hours ago 'Unserious' Kemi Badenoch pledges £12million per HOUR with unfunded wishlist

Analysis of Kemi Badenoch's record reveals she's made pledges and opposed policies worth £7.6billion - but not said what she would cut instead after backing Labour spending

Economics

25 hours ago Kemi Badenoch pocketed five times more than maternity rate after quitting as minister

New analysis reveals Tory leader Kemi Badenoch was awarded a £7,920 severance payment when she quit Boris Johnson's cabinet in 2022 - only to rejoin the government eight weeks later

Politics