Mps

Financial markets are betting the Reserve Bank will hike interest rates for a third straight meeting next Tuesday•Get our breaking news email, free app or daily news podcastInflation jumped to 4.6% in the year to March, from 3.7% the month before, in what experts say is the start of an Iran war-linked fuel shock that will ripple through the economy over coming months.Financial markets are betting the Reserve Bank will hike interest rates for a third straight meeting next Tuesday, as officials struggle to manage the “nightmare scenario” of containing inflation even as growth is expected to slow sharply. Continue reading...

Philip Barton says there was pressure over pace of vetting from No 10, which he says was ‘uninterested’ in processUK politics live – latest updatesThe former Foreign Office chief has said he was concerned about Peter Mandelson’s links to Jeffery Epstein – and said there was “absolutely” pressure from Downing Street over the pace of vetting.Giving evidence to the foreign affairs select committee, the former Foreign Office permanent secretary Sir Philip Barton said Number 10 seemed “uninterested” in the vetting process around Mandelson’s appointment as US ambassador, and said there were no avenues for him to express his concerns. Continue reading...

Morgan McSweeney among those giving evidence to foreign affairs committee ahead of Commons vote Good morning. The former US president Lyndon Johnson is credited with saying the most important skill in politics is knowing how to count, meaning that ultimately what matters is being able to win a vote. But sometimes in politics what matters just as much, or even more, is the ability to win the argument. Today Keir Starmer will be tested on both these measures.Winning the vote should be easy. Here is our overnight preview story by Pippa Crerar on the events setting up today’s vote on a motion tabled by Kemi Badenoch, as well as MPs from five other opposition parties (the Lib Dems, the SNP, the DUP, Restore Britain, TUV) and a string of independents, referring Starmer to the privileges committee. Continue reading...

The prime minister faces a standards investigation over Mandelson affair and testimony from Morgan McSweeneyKeir Starmer has told Labour MPs to “stick together and fight together” as ministers launched a massive operation to shore up his fragile position before a critical day for his premiership.The prime minister faces the double threat of a standards investigation into his decision to appoint Peter Mandelson as ambassador to the US and a potentially damaging testimony from Morgan McSweeney, his former chief of staff. Continue reading...

Commons speaker to grant application by Tories for vote on investigation into whether PM misled MPs, say sourcesUK politics live – latest updatesKeir Starmer will face a vote on whether to launch an investigation into claims he misled the Commons over his decision to appoint Peter Mandelson as ambassador to Washington.Sources have told the Guardian that the speaker, Lindsay Hoyle, is expected to allow a debate on Tuesday on potentially referring the prime minister to the privileges committee. Continue reading...

Health secretary’s ‘power grab’ to override Nice comes amid growing concern move may be illegal and benefit big pharmaDozens of MPs are opposing Wes Streeting’s decision to award himself power to dictate what the NHS pays for drugs amid growing concern the move may be illegal.Thirty-one MPs have signed a House of Commons motion voicing their disapproval of the health secretary being handed the power to override the National Institute for Health and Care Excellence’s (Nice) judgment on how much the NHS should spend on individual medicines. Continue reading...