Starmer to put Labour’s position on Israel-Hamas war to potential vote amid rebellion concerns
Labour will put forward an amendment to parliament on Wednesday that will give MPs a vote on the Israel-Hamas war, the party has said.
The amendment will condemn the Hamas attacks on Israel on October 7, call for the immediate release of all hostages and “reaffirm Israel’s right to defend its citizens from terrorism”.
But it will also say there has been “far too many deaths of innocent civilians and children” in Gaza and call on Israel to protect hospitals and lift its blockade of the 25-mile strip.
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The amendment will call for “longer humanitarian pauses” to deliver humanitarian assistance “on a scale that begins to meet the desperate needs of the people of Gaza”, calling this “a necessary step to an enduring cessation of fighting as soon as possible”.
It comes amid concerns some Labour MPs could be tempted to vote for a rival SNP amendment that would expose divisions within the party by going further and calling for a ceasefire.
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Why does SNP want a ceasefire?
So far, Labour leader Sir Keir Starmer has consistently called for a humanitarian pause in the war for aid to reach Palestinians, but has rejected calls for him to demand a ceasefire.
A Labour spokesperson said their amendment “reaffirms the position” set out by Sir Keir and reflected the party’s concerns regarding the status of Israeli hostages, the “insufficient” amount of aid and utilities entering and being distributed in Gaza, the scale of civilian casualties and the amount of violence on the West Bank.
The spokesperson hinted that if the House of Commons Speaker selects the party’s amendment, Labour MPs will be ordered to abstain on the SNP amendment.
“We’re not going to be engaging with the party political game-playing by the SNP in parliament,” they said.
Labour has been divided over its approach to the conflict, with numerous backbenchers and shadow ministers calling for a ceasefire.
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‘Is ceasefire issue tearing Labour apart?’
But the leadership has stood by its own calls for so-called humanitarian pauses to allow aid and supplies to get into the Gaza Strip – echoing the position of the government.
The discord within Labour has been ramped up by the prospect of the SNP amendment being presented to parliament on Wednesday, giving all MPs an opportunity to vote in favour of a ceasefire – if it is selected by the Speaker.
Such a vote could highlight the level of upset on Sir Keir’s backbenches, with rumours even shadow ministers could rebel against Labour’s official position.
Labour insiders made it clear to Sky News’ political editor Beth Rigby that if frontbenchers defied the party position and voted with the SNP, they would have to stand down.
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Shadow business secretary Jonathan Reynolds effectively confirmed this on Tuesday evening, telling the Politics Hub with Sophy Ridge: “We would expect people to vote for the Labour position. That’s why we’re putting the Labour position forward.
“Disciplinary issues are obviously for the chief whip and not for me to announce on television, but we would expect Labour frontbenchers to support the Labour position.”
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‘We would expect Labour frontbenchers to support the Labour position’
One Labour source also told Sky News: “The order at the moment is if you’re on the frontbench and you vote for [the SNP amendment] you won’t be on the frontbench anymore.”
Another party source said a number of shadow ministers may resign in advance, adding: “Maybe [a Labour amendment] will be enough for some, but it won’t be enough for a lot.”
But it doesn’t appear to be stopping backbenchers from offering their support to the SNP motion.
Former shadow chancellor John McDonnell told Sky News: “I will be voting along with several colleagues for a ceasefire and therefore for the SNP amendment if no other is called by the Speaker.
“I don’t think he will call any other but the SNP’s so I will be voting for that.”
SNP sources have said Wednesday’s vote would not be a one-off, and they would keep up the pressure on Sir Keir and his MPs to back a ceasefire – drawing a dividing line between the two parties.
US Representative Stephen Lynch pressed Federal Reserve Vice Chair Michelle Bowman on Tuesday over her past remarks encouraging banks to “engage fully” with digital assets, questioning the Fed’s role in advancing crypto frameworks while showing confusion over the definition of stablecoins.
In a Tuesday oversight hearing, Lynch asked Bowman, the Fed vice chair for supervision, about remarks she had made at the Santander International Banking Conference in November. According to the congressman, Bowman said she supported banks “[engaging] fully” with respect to digital assets.
However, according to Bowman’s comments at the conference, she referred to “digital assets” rather than specifically cryptocurrencies. The questioning turned into Lynch asking Bowman about distinctions between digital assets and stablecoins.
The Fed official said that the central bank had been authorized by Congress — specifically, the GENIUS Act, a bill aimed at regulating payment stablecoins — to explore a framework for digital assets.
“The GENIUS Act requires us to promulgate regulations to allow these types of activities,” said Bowman.
While the price of many cryptocurrencies can be volatile, stablecoins, like those pegged to the US dollar, are generally “stable,” as the name suggests. Though there have been instances where some coins have depegged from their respective currencies, such as the crash of Terra’s algorithmic stablecoin in 2022, the overwhelming majority of stablecoins rarely fluctuate past 1% of their peg.
Related: Atkins says SEC has ‘enough authority’ to drive crypto rules forward in 2026
Bowman said in August that staff at the Fed should be permitted to hold small “amounts of crypto or other types of digital assets” to gain an understanding of the technology.
FDIC acting chair says stablecoin framework is coming soon
Also testifying at the Tuesday hearing was Travis Hill, acting chair of the Federal Deposit Insurance Corporation. The government agency is one of many responsible for implementing the GENIUS Act, which US President Donald Trump signed into law in July.
According to Hill, the FDIC will propose a stablecoin framework “later this month,” which will include requirements for supervising issuers.
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Over a third of people think Rachel Reeves exaggerated economic bad news in the run-up to the budget – twice as many as thought the chancellor was being honest, a new Sky News poll has found.
Some 37% told a YouGov-Sky News poll that Ms Reeves made out things were worse than they really are. This is much higher than the 18% who said she was broadly honest, and the 13% who said things were better than she presented.
This comes in an in-depth look at the public reaction to the budget by YouGov, which suggests widespread disenchantment in the performance of the chancellor.
Just 8% think the budget will leave the country as a whole better off, while 2% think it will leave them and their family better off.
Some 52% think the country will be worse off because of the budget, and 50% think they and their family will be worse off.
This suggests the prime minister and chancellor will struggle to sell last week’s set-piece as one that helps with the cost of living.
Some 20% think the budget worried too much about help for older people and didn’t have enough for younger people, while 23% think the reverse.
The poll found 57% think the chancellor broke Labour’s election promises, while 13% think she did not and 30% are not sure. Some 54% said the budget was unfair, including 16% of Labour voters.
And it arguably gets worse…
This comes as the latest Sky News-Times-YouGov poll showed Labour and the Tories are now neck and neck among voters.
The two parties are tied on 19% each, behind Reform UK on 26%. The Greens are on 16%, while the Liberal Democrats are on 14%.
This is broadly consistent with last week, suggesting the budget has not had a dramatic impact on people’s views.
However, the verdict on Labour’s economic competence has declined further post-budget.
Asked who they would trust with the economy, Labour are now on 10% – lower than Liz Truss, who oversaw the 2022 mini-budget, and also lower than Jeremy Corbyn in the 2019 election.
The Tories come top of the list of parties trusted on the economy on 17%, with Reform UK second on 13%, Greens on 8% and Lib Dems on 5%. Nearly half, 47%, don’t know or say none of them.
Only 57% of current Labour voters say the party would do the best job at managing the economy, falling to 25% among those who voted Labour in the 2024 election.
Some 63% of voters think Ms Reeves is doing a bad job, including 20% of current Labour voters, while just 11% of all voters think she is doing a good job.
A higher proportion – 69% – think Sir Keir Starmer is doing a bad job.
Paul Atkins, chair of the US Securities and Exchange Commission, said that the agency can continue advancing digital asset regulation without legislation from Congress, signaling his expectations for the industry in 2026.
In a CNBC interview released on Tuesday, Atkins said the SEC was providing “technical assistance” as Congress considered legislation for digital asset regulation, likely referring to the market structure bill working its way through the US Senate. Atkins said that although the agency’s operations were impacted by the longest US government shutdown in the country’s history, he continued to make progress on “rules that are focused on helping [the crypto] sector.”
“We have enough authority to drive forward,” said Atkins. “I’m looking forward to having an innovation exemption that we’ve been talking about now. We’ll be able to get that out in a month or so.”
Atkins, whom the US Senate confirmed to chair the SEC in April after his nomination by US President Donald Trump, has taken steps to reduce the number of enforcement actions against crypto companies, including by issuing no-action letters for decentralized physical infrastructure networks.
His actions align with many of the policy directives from the White House under Trump, who has issued several executive orders touching on crypto and blockchain.
Related: Republicans urge action on market structure bill over debanking claims
The SEC chair rang the opening bell at the NYSE on Tuesday, outlining his plans for the agency “on the cusp of America’s 250th anniversary.”
US regulators are still awaiting progress on a market structure bill
Lawmakers on the US Senate Agriculture Committee and the Senate Banking Committee are taking steps to move forward with a digital asset market structure bill, which will outline the regulatory authority of agencies, including the SEC and Commodity Futures Trading Commission, over cryptocurrencies.
Senate Banking Chair Tim Scott said that the committee planned to have the bill ready for markup in December.
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