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The Latest Breaking News from Pat McFadden

Chancellor Jeremy Hunt’s pensions shake-up receives support from MPs

MPs voted 330 to 233, majority 97, in favour of the Budget resolution on the lifetime allowance charge and annual allowance.

The Independent UK

Labour steps up attack on Hunt’s pensions tax break

Shadow Treasury chief secretary Pat McFadden said the vast majority of people ‘will never get near a pension pot of more than £1 million’.

The Independent UK

Officials 'must count cost' of climate change inaction to prevent 'drastic' debt rise

Ahead of the Budget, Pat McFadden, Labour’s Shadow Chief Secretary to the Treasury has called for officials to routinely publish data on the financial impact of failing to take action to hit net zero targets

Daily Mirror

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There is war in Ukraine. We have sanctions. So why would the UK Treasury help Putin’s brutal ally?

Claims that the boss of the Wagner Group, a key part of Russia’s military machine, was aided in a libel action must be run to ground, says shadow chief secretary to the Treasury Pat McFadden

The Guardian - UK

Labour asks why Treasury unit let oligarch under sanctions bring libel case

Key Putin ally who founded Wagner mercenaries attempted to ‘subvert sanctions and silence journalist’

The Guardian - UK

Labour urges probe into BBC chair appointment amid Boris Johnson loan claims

Labour has also written to the Parliamentary Commissioner calling for an investigation into the claims.

The Independent UK

Mick Lynch claims Tory anti-union laws show they have 'lost the argument' on pay

The Tories have been accused of wanting to "close down unions" with their plans to make it tougher for workers to strike.

Daily Record

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Rishi Sunak’s £150bn ‘stealth tax raid’ will cost families £5,000 each

Exclusive: Labour analysis of OBR forecasts reveals staggering cost of tax squeeze until 2028

The Independent UK

Millions to get more DWP Cost of Living payments and how much you'll get

The Chancellor has confirmed more financial support for the 'most vulnerable'

Liverpool Echo

UK stuck in ‘Tory doom loop’ of emergency budgets, Labour says OLD

Chancellor expected to unveil cuts and tax rises following Liz Truss failure

The Independent UK

Labour demand answers to Suella Braverman’s ‘growth visa’ leak reports

Rishi Sunak needs to clarify whether his home secretary’s security breach contained market sensitive data, Labour says

The Guardian - UK

No one thought mini-budget was a ‘bad idea’, senior minister admits

The Cabinet was not consulted on the doomed plan set out by Kwasi Kwarteng but no one in the top team thought it was bad.

The Independent UK

Liz Truss apologises for going ‘too far and too fast’ with economic changes – as it happened

Latest updates: In BBC interview, Liz Truss refuses say if her vision is ‘dead’ and vows to fight next election

The Guardian - UK

Bailey must come clean on the way out of this mess

Bank of England Governor insisted pensions emergency bond market intervention would end Friday

Evening Standard

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The Guardian - UK

Saying mini-budget is ‘trickle-down economics’ is leftwing nonsense, says minister

Levelling up secretary Simon Clarke hits out at critics before chancellor’s budget announcement

The Independent UK

Liz Truss ‘flip-flopping’ on energy bills causing ‘unnecessary worry’ – Labour

The Tory leadership frontrunner has refused to announce her full plan to assist households struggling with sky-high prices before the contest is over.

The Independent UK

Rishi Sunak promises to cut VAT from energy bills in cost of living crisis U-turn

One-year tax holiday worth £160 to households as costs predicted to soar by more than £1,000

The Guardian - UK

Labour challenges Nadhim Zahawi over tax and £26m business loan

Shadow minister Pat McFadden seeks answers about chancellor and offshore family firm, and £26m loan his firm spent on property

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The Independent UK

Warning of ‘explosion’ if Labour sacks frontbenchers joining picket lines

A former adviser to Sir Keir Starmer says there has been ‘a lot of simmering resentment and irritation’ over the party’s current position.

Daily Mirror

Labour drawn into rail strikes row as frontbenchers ordered away from picket lines

Labour, the party of working people, has been criticised for not overtly backing unions rail strikes that have kicked off today. Sharon Graham, general secretary of the Unite union said "we expect Labour MPs to defend workers, by words and by actions".

Daily Record

Anas Sarwar ignores Keir Starmer's rail picket ban as Labour divisions on strike grow

The UK Labour leader is facing internal pressure over an email which said that frontbenchers should not be on picket lines.

The Independent UK

Labour MPs join picket lines in support of striking rail workers

A number of Labour MPs showed solidarity with striking RMT workers as a shadow cabinet minister warned that it is not the way to resolve the rail row.

The National (Scotland)

Labour MP defies Keir Starmer's 'no picket lines' order as rail strikes get underway

LABOUR leader Sir Keir Starmer has reportedly ordered frontbenchers not to join picket lines outside stations as the UK faces the biggest rail…

The Guardian - UK

Labour urges spending watchdog to assess impact of chancellor’s £21bn package

Shadow Treasury secretary asks Office for Budget Responsibility to examine Rishi Sunak’s emergency cost of living measures

The Independent UK

Sir Keir Starmer has got further to go on policy overhaul, suggests Labour MP

Pat McFadden said the party needed a change of direction after four election losses in a row.

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