'The Conservatives always say they've got a new plan. This is the seventh economic growth plan in the last 10 years', says patmcfaddenmp, Shadow Chief Secretary to the Treasury. Latest: 📺 Sky 501, Virgin 602, Freeview 233 and YouTube
Kwasi Kwarteng and Rachel Reeves are set to clash - and it won't be the first time
Mr Waugh noted the chancellor sent a handwritten note to Ms Reeves afterwards saying she was"quite right to correct him" - so it appears they got off on a relatively friendly footing. An unnamed senior Conservative MP has taken a dig at the government's budget plans ahead of the chancellor's announcement this morning.
Chancellor Kwasi Kwarteng and Prime Minister Liz Truss will be taking a big gamble with their plans for swingeing tax cuts, aimed at boosted growth across the country. is in Downing Street this morning, and has seen a number of cabinet ministers trickle into Number 10. And this morning, Levelling Up Secretary Simon Clarke told Sky News that the government wants to return to pre-2008 levels of growth.The government wants to undo the European cap introduced in the wake of 2008, in favour of a US-style model based on extra cash in exchange for meeting targets.People on Universal Credit will likely be told they will need to work at least 15 hours a week, or face having their stipends sanctioned.
He said:"It's about asserting that we want to get back to the trend growth this country enjoyed before the 2008 financial crisis." Chair of the Treasury Select Committee and Conservative MP Mel Stride will be on just after explaining his thoughts on the fiscal events.Unsurprisingly, Labour has been quick to point out the objections to the announcements from Kwasi Kwarteng.
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Politics live: 'Guinea pigs' warning as fracking decision made; health secretary poised to unveil NHS plan'Using our natural resources is a sensible and wise policy.' Business Secretary Jacob Rees-Mogg defends the government's decision to lift the ban on fracking as he responds to the SNP's Stephen Flynn in the Commons. Latest:
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People urged to attend Shrewsbury GP hub meeting to 'make views clear' to those 'pushing through GP cuts'People are being urged to attend a public meeting about a controversial GP hub.
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Heartbreak as Leeds social club shuts the doors after 134 yearsFarsley Liberal Club was once a hub for families who had 'memorable times over the years'
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