Starmer seeks to reassure public over cost of living as oil surges above $100 a barrel - UK politics live
The prime minister is facing pressure from unions and some backbenchers to prepare a support package as oil and gas prices threaten to push up inflationStarmer claimed that the UK economy was in a better place than it had been in 2022 when Russia’s full-scale invasion of Ukraine triggered an energy price shock.He said:I think it is important just to remind ourselves that last time a conflict began to develop, which was 2022 in relation to Ukraine, the economy wasn’t in a stable place, and inflation was 5% and rising.We’ve done a lot of work in the last 18 months to put some resilience in and make sure that we’ve got some headroom, which is basically some insurance within the economy, but also inflation is 3% and going down, so in that sense, there’s more resilience. Continue reading...
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Iran has named hardliner Mojtaba Khamenei as the country’s new supreme leader; Donald Trump says oil price spike ‘a small price to pay’ as markets tumbleFull report: Ali Khamenei’s son Mojtaba chosen as Iran’s new supreme leaderTell us: how have you been affected by the latest events in the Middle East?Donald Trump has said a decision on when to end the war with Iran will be a “mutual” one he’ll make together with Benjamin Netanyahu, the Times of Israel has reported.It said Trump also claimed in a brief telephone interview on Sunday that Iran would have destroyed Israel if he and Netanyahu had not been around. The US president said:Iran was going to destroy Israel and everything else around it … We’ve worked together. We’ve destroyed a country that wanted to destroy Israel.I think it’s mutual … a little bit. We’ve been talking. I’ll make a decision at the right time, but everything’s going to be taken into account. Continue reading...
Proposed law does not protect children born to convicted paedophiles, Lords to hear
Amendment to victims and courts bill in England and Wales aims to remove anomaly in parental responsibilityA proposed law to restrict paedophiles’ parental rights in England and Wales is too weak because it does not protect children of theirs born after their conviction, parliament will hear this week.Under the victims and courts bill, a parent convicted of serious sexual offences against any child and who is sentenced to four or more years in prison will lose parental responsibility but they could come out of jail and have other children who would not be protected. Continue reading...
Iran says 1,255 people killed in US-Israeli attacks, mostly civilians
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Yorkshire Water receives fresh funding despite sewage fines and pay row
Private equity group EQT to take 42% stake as supplier faces scrutiny over environmental record and CEO’s payBusiness live – latest updatesA leading European investor will pump fresh funding into Yorkshire Water including helping to cover a £600m loan, despite recent heavy sewage fines and a scandal over executive pay at the utility firm.EQT, a Swedish private equity group, said on Monday it would take a 42% stake in Kelda Holdings, the Jersey-registered parent company of Yorkshire Water, which has 5.7 million customers across Yorkshire and parts of the East Midlands and Lincolnshire. Continue reading...
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