The Jackdaw gasfield will be given the go-ahead on Wednesday, signalling Andy Burnham’s commitment to the North Sea fossil fuel industry and threatening to trigger a row with climate campaigners and Labour MPs.
Miatta Fahnbulleh and John Healey, the energy secretary and chancellor respectively, will make the announcement from Aberdeen on Wednesday morning after more than a year of deliberations over whether doing so would violate the UK’s climate commitments.
Stricken UK water supplier lines up John Hutton as independent chair designate if takeover goes ahead
The group of Thames Water creditors pursuing a £10bn rescue deal for Britain’s largest water supplier has lined up a former senior Labour minister to chair the company, as it tries to win over the government.
The creditor consortium, called London & Valley Water, said on Tuesday that Lord John Hutton had been selected as independent chair designate of the Thames Water board, if the consortium’s deal is approved.
Andy Haldane writes that Conservative economic plans would be best for growth ahead of Healey budget
Badenoch says Britain needs tax cuts.
We need to get out of the way of job creators who make our country richer. We need to encourage risk taking, wealth creation, enterprise.
Britain’s tax burden has never been higher. You are taxed on the heating in your home. You’re taxed at the petrol pump filling up your car. You’re taxed when you insure that car. You’re taxed if you take the family away on holiday. You’re taxed if you stay in the UK thanks to Andy Burnham’s tourist tax. You’re taxed to buy a home, taxed to live in a home, taxed to pass on your home. This is clearly not working. Britain does not feel better off.
Andy Burnham wrote in The Times yesterday about the moral outrage of the current benefit system. But as far as I could work out, his answer is to spend even more on benefits.
John Healey will not raise capital gains tax in next week’s budget, despite previous calls to do so from cabinet colleagues including Louise Haigh and Wes Streeting.
The chancellor has decided that any increase might ultimately cost the Treasury if wealthy individuals defer the sale of assets or move them out of the country, according to Treasury sources.
In today’s newsletter: The prime minister’s campaign against noisy passengers has struck a chord with commuters. Whether anyone hears him remains to be seen.
Good morning.
Me again, back from the October school holiday (a week in glorious Wales, thanks for asking) and ready to hear your commuter woes. For our prime minister, it’s “one of the most annoying things on public transport”: maybe you’re trying to work, or read, or you’ve finally got your kid to sleep, when someone starts blasting sound from their phone at full volume.
France | The prime minister has said he has asked regional authorities to impose partial curfews in some cities after the government admitted police had “lost control” in several places during violent weekend protests around the country.
UK politics | Andy Burnham has told officials to rip up their plans for how to fix Thames Water and present him with more radical options for what to do with the stricken company.
Yemen | At least 53 people have been killed in a Houthi ballistic missile attack on a training camp for Yemeni government forces in the largest single loss of life since the country’s civil war reignited in September.
Israel | Israeli police have detained 10 people in a rare raid against settlers, after a weekend of extreme violence in the occupied West Bank including an attack on US photojournalist Heidi Levine.
Reform | Nigel Farage undermined his own claims that a £5m gift was for security when he referred to the money as a reward for Brexit, according to one of his closest aides.
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