Joshua Nevett

3 weeks ago | bbc.com | Joshua Nevett

Conservatives disown Liz Truss's mini-budgetJoshua NevettPA MediaThe Conservatives will "never again" put the UK's economic stability at risk by making "promises we cannot afford", the shadow chancellor will say, as his party seeks to distance itself from former Prime Minister Liz Truss's mini-budget. In a speech, Mel Stride will disown Truss's £45bn package of tax cuts, which spooked financial markets and led to the former Tory PM's resignation in 2022.

3 weeks ago | bbc.com | Joshua Nevett

The government said the spending review, which will be announced on 11 June, would "scrutinise every single pound the government spends". The review will outline day-to-day departmental budgets over the next three years and investment budgets over the next four. Whitehall insiders have told the BBC they expect it will be "ugly", and that ministers have been fighting over winning small amounts of cash for their respective departments.

3 weeks ago | bbc.com | Joshua Nevett

Talks ongoing over Nato defence target, says No 10Joshua NevettGetty Images EuropeThe government unveiled plans to replace its Astute-class submarines as part of Monday's defence reviewDiscussions are ongoing about Nato spending targets, Downing Street has said, as the UK faces pressure from allies to increase its defence investment. The government plans to increase military spending from 2.3% to 2.5% of national income by 2027, and has set an ambition to then 3% by 2034.

4 weeks ago | bbc.com | Joshua Nevett

Minister regrets 'clumsy' reference to Nazi GermanyJoshua NevettEPAThe attorney general has said he regrets "clumsy" remarks in which he compared calls for the UK to depart from international law and arguments made in 1930s Germany. In a speech on Thursday, Lord Hermer criticised politicians who argue the UK should abandon "the constraints of international law in favour of raw power". He said similar claims had been made by legal theorists in Germany in the years before the Nazis came to power.

4 weeks ago | bbc.co.uk | Joshua Nevett

Image source, PA MediaMillionaires should not be getting winter fuel payments, a senior minister has said, as the government considers how to ease cuts to the allowance for pensioners. Darren Jones, chief secretary to the Treasury, said the payments would be "targeted to those that need it the most". It comes after Prime Minister Sir Keir Starmer U-turned on the withdrawal of the allowance from millions of pensioners, after a backlash over the decision.