Kemi Badenoch has said a "red warning light" is flashing on the economy as Britain's debt tops £3 trillion for the first time and inflation surges to 3.5% ahead of the Budget next week.
Labour has finally approved new drilling for gas in the North Sea, despite the project already receiving the go ahead over two years ago under the Tories, after energy prices hit a four-year high.
Westminster appears to be waking up to warnings over AI safety, with concerns over its use by extremist groups and bad actors
“I have this sense that, within a few months, AI is going to be all anyone is talking about,” said one cabinet minister, with an ominous stare.
It was Labour conference, with everyone from ministers to activists jubilant at Andy Burnham’s takeover and a bounce in the polls after the change of leader.
The Conservatives want to brand Burnham’s administration as a ‘traditional tax and spend socialist government’
In a news release issued ahead of his speech this morning, Andrew Griffith, the new shadow chancellor, gave details of some of the questions he wants the experts he has asked to review small business regulation to address. (See 8.58am.) He said:
[Craig Mackinlay and Robert Colvile] will produce a report taking evidence from small business and self-employed organisations. While they will have a wide remit, they will consider in particular these key questions, and report in December:
-Why have past attempts to reduce the regulatory and compliance burden on small business and the self-employed failed, and what specifically should be done to reduce the burden successfully?
This is staggering. Our socialist Chancellor has dished out a big Bank of England finance job to a socialist union boss who knows nothing about finance.
Clearly, trade union donations not only buy your way into government policymaking, but also onto the Bank of England’s board. This is cronyism in plain sight.
A village fightback against migrant camps is set to spread across the country as Piddington in Oxfordshire today holds a symbolic referendum on leaving the UK in protest against the arrival of 1,250 male asylum seekers.
Greens accuse Labour of hiding position to avoid criticism before contest, in which Zack Polanski is standing
A decision on approving the controversial Jackdaw gasfield in the North Sea is to be delayed until later this autumn, with the Greens accusing Labour of hiding their position before the crucial Holborn and St Pancras byelection.
Sickness and disability benefits should be made as "easy as possible" to claim as the current system is too "stressful", the long-awaited Government review by Sir Stephen Timms has said.
Hospitality businesses are warning of a jobs bloodbath as Andy Burnham launches a huge 'tourist tax' raid, with England's mayors and local councils given new powers to impose uncapped levies on overnight stays.
Climate catastrophe is on our doorstep – yet Labour’s impending approval of further drilling will bring more pain for negligible gains
Pinch yourself, it’s happening again. Here is a Labour government spending a vast amount of political capital to earn tiny material gains while risking huge political losses. It occurred repeatedly under Keir Starmer, and now – with the impending decision to approve further gas and oil drilling in the North Sea – it is happening under Andy Burnham. You rack your brains to explain it, but no rational explanation comes.
Burnham is studiously cryptic about his reasons. His clearest statement to date goes as follows: “There is a resource there. When people are struggling, we can’t ignore that.” Does he mean that oil and gas workers are struggling? If so, this decision will be of little use to them. The Jackdaw gasfield, likely to be approved this week, will generate a grand total of 27 direct full-time jobs. The Rosebank oilfield, whose approval is likely to follow soon, will support 450 UK-based jobs during its lifetime. Yet the UK’s net zero economy directly employs 300,000 people, and a further 400,000 jobs are planned. The rest of the green economy employs more than 600,000. A just transition for fossil fuel workers, securing jobs in the green economy, is better for everyone.
Like most of the rest of his frontbench, Andy Burnham has never had a proper job outside politics. No wonder his policy agenda – the little we know of it – is so unbearably light, says Madeleine Gillies.
Energy secretary could recommend new North Sea drilling next week, as ministers also consider approval for Rosebank oilfield
Ministers are poised to approve a controversial new gasfield in the North Sea this month, according to government sources, and are considering approving a major oilfield later this year.
Miatta Fahnbulleh, the energy secretary, will give her recommendation to approve the Jackdaw field off the coast of Aberdeen as soon as next week, according to people close to the decision, and the formal approval could follow a week after.
Government says Green leader’s proposed moratorium on ‘energy-guzzling’ AI projects would be disaster for economy
Labour has rejected calls to pause construction of major AI infrastructure in Britain after the Green party leader, Zack Polanski, said it was time to “slam the brakes on these energy-guzzling, water-guzzling datacentres”.
The government hit back at the opposition party’s proposal of a “moratorium other than [for] local-scale datacentres for the local community”, saying it “would be a disaster for jobs and national security”.
Soaring prices are plunging struggling families into debt. The government must support them in the short term as it invests in a clean energy future
Fuelled by the consequences of Donald Trump’s disastrous war on Iran, household energy debt in Britain is continuing to soar, rising to a record £6bn by the end of June. That figure is set to hit £7bn by the end of the year, as the government’s cap on gas and electricity prices goes up to a three-year high in October. The human cost among the less well off will be more people regularly choosing whether to skip meals, ignore other bills or stay cold this winter.
Such is life at the sharp end of the cost of living crisis, which Andy Burnham has made it his priority to address since arriving in Downing Street. The day after he became prime minister, Mr Burnham announced that VAT would be removed from electricity bills from the beginning of October. But the Middle East-related rise in the price cap, announced on Wednesday, more than wipes out the effect of his cut. In an era of geopolitical volatility, high energy costs have become the new normal.
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Colin Hines says Andy Burnham’s focus should be on drastically cutting fossil fuel use in a way that reduces bills and generates secure jobs
It is hardly surprising that many who were optimistic and supportive of Andy Burnham becoming prime minister, but who also prioritised tackling climate chaos, are becoming increasingly unsure about him, given his tardiness in emphasising this threat as an overriding policy objective (Labour ‘could lose up to 50 seats’ to Greens if new drilling in North Sea approved, 19 August).
One of the problems he faces is that the political debate around energy is obsessed with relatively short-term fossil fuel supplies. Instead, the focus should be on drastically and rapidly cutting fossil fuel use in a way that reduces bills and generates secure jobs through a devolved energy programme for every postcode.
Baroness Sue Gray says working in Starmer’s No 10 was unbearable because no one could be trusted: "It just got to the point where, you know, everything you say, you feel somebody is recording it."
Labour has edged ahead of Reform for the first time in 18 months as more of its 2024 voters return to the fold, with Reform meanwhile leaking support to the Conservatives.
Andy Burnham keeps announcing policies that weren't his. Jason Arday passed exams he couldn't write. Steven Tucker spots some astonishing parallels between Britain's two greatest fabulists.
Sadiq Khan has called on the government to commit to revamped climate action and to reduce the UK’s reliance on oil and gas, as the UK endures a summer of drought, wildfires and heatwaves.
Writing in the Guardian, the mayor of London said that Andy Burnham’s administration must reaffirm its commitment to net zero and make clear it will continue to reduce the UK’s reliance on oil and gas “to get Britain back on track.”
John Barstow says oil expansion is a necessity, while David Parker wonders if the prime minister will protect the planet or the fossil fuel industry
North Sea oil expansion is a necessity (Burnham risks first revolt as PM over apparent support for North Sea drilling, 31 July). I state this as an environmentalist – not despite. Oil is a feedstock, not mere fuel. Oil is necessary for the day-to-day maintenance of wind turbines, nuclear plants and rail. Hence oil is part and parcel of supply chains for green tech. A domestic oil base brings such supply chains closer. This also underscores the case for approval of coking coal extraction in Cumbria. Green tech needs high-grade steel and high-grade steel needs coking coal.
There are much better ways of helping the environment, such as more tree planting and stopping plastic waste being dumped into our seas. The carbon sink factor would be helped. A major expansion of the UK’s North Sea oil sector will make a more cohesive UK, complete with more jobs in Scotland and the north of England, including in supply manufacturing chains.