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Sir Keir Starmer has revealed the thing he fears the most about becoming prime minister is the impact it will have on his children.

Speaking to Beth Rigby during Sky News’ Battle For Number 10 in Grimsby, the Labour leader said it was “not the big decisions” he feared the most but the effect his job will have on his teenage children.

He said his children – a boy aged nearly 16 and a girl aged 13 – were at “difficult ages” and it would have been easier if they were younger or older.

Meanwhile, Rishi Sunak – who also underwent questioning by Rigby – defended his record in Number 10 after he was quizzed about “broken promises” he made in January 2023 when he became prime minister.

The prime minister was specifically asked about the tax burden, NHS waiting lists and immigration – which he admitted was “too high”.

He said he could understand people’s “frustrations” but argued the country has “been through two once-in-a-century shocks” – the first the COVID pandemic and the second Russia’s invasion of Ukraine.

Follow live: Starmer asked if he has ‘trust issue’ with voters

“I appreciate people want to see positive change, but you don’t get any change unless you’ve got a plan and you’re prepared to do bold things,” he argued.

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The prime minister also said he is “incredibly excited” for his daughters to do national service in response to a question from William, a student from Grimsby. “I think it will be transformative for our country”, he said.

And on migration, he was challenged about how he thought Brexit voters (in Grimsby 70% opted to leave the EU) – felt upon learning that the total net migration figure for the last three years was 1.9 million people.

He admitted the numbers were “too high” but insisted he had begun to bring them down since becoming prime minister.

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Sunak grilled over migration record

Asked why anyone should believe what he says given that David Cameron and Theresa May both promised to slash migration, he said: “I completely understand people’s cynicism about this,” before adding that numbers were now down 10% and the number of visas issued this year was also down by a quarter.

‘The thing that keeps me up at night is my children’

Sir Keir, who the polls predict will be the country’s next prime minister, said he “relished” the chance he may be given to change the country but that he feared for his teenage children.

“These are really difficult ages,” he said. “My only fear really is the impact it’s going to have on them.”

He said the reason they had not appeared publicly or in a photo shoot with him was to protect them and to ensure they have their “own lives”.

“I don’t fear the big decisions, in fact, I relish the chance to change our country,” he told Rigby.

Sir Keir Starmer leaders' debate

“My only fear… the only thing that keeps me up at night is worrying about my children.”

‘I want to do things differently’

Sir Keir, who spoke before Mr Sunak took to the stage, also sought to distinguish himself from previous Labour leaders by saying he did not want to reach for the “tax lever” to sort out the country’s finances.

He said his “central mission was to grow the economy” and that he wanted to “do things differently”.

Despite persistent questioning over his tax plans, Sir Keir said there would be “no need” to raise taxes on “working people” in the party’s manifesto that will be published on Thursday.

“I accept that previous Labour leaders have sort of pulled the tax lever every single time and driven up spending,” Sir Keir continued.

“The manifesto tomorrow will be a manifesto, a plan for wealth creation.

“Now, you might not hear a Labour leader say that very often, but for me, that is the most important thing.”

On whether there would be “tax rises of any kind” in the next parliament, Sir Keir repeated: “No tax rises in the plans in our manifesto, no tax rises for working people – that’s income tax, national insurance and VAT.”

Turning to the audience, Rigby interjected: “I’ll just decode that for you guys, because when a politician says ‘no plans’ – it does mean ‘I might’.”

Read more from Sky News:
What the data says about some of the key election issues
Reeves’ Tory manifesto mortgage claim ‘very speculative’

Awkward moments

After taking questions from Rigby, Sir Keir faced the audience who asked him about his plans to tackle child poverty, housing and the NHS.

He was also asked by one audience member whether he had changed since leading the Crown Prosecution Service (CPS) to resemble a “political robot”.

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Starmer accused of being a ‘political robot’

After an awkward pause, Sir Keir replied: “I’ve had this constant theme in my life of trying to serve the public. That’s why I took the decision to go into politics.”

Mr Sunak also faced laughter and boos from the audience when challenged about the five pledges he made after he replaced Boris Johnson as prime minister.

He faced laughter when he said inflation “was always meant to come down over time” and the audience expressed frustration when he blamed the lack of progress on cutting NHS waiting lists – which currently stand at 7.54 million – on industrial action.

And asked if he could provide the audience with any personal information that “make them like you a bit more again”, he replied: “People seem to think I have a very kind of healthy lifestyle and I go to the gym and session about my fasting, but I actually have an appalling diet because I eat an enormous amount of sugar, and I’m very unhealthy in that regard.”

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Cutting cash ISA allowance could backfire – and make mortgages more expensive, MPs warn

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Cutting cash ISA allowance could backfire - and make mortgages more expensive, MPs warn

Cutting the annual allowance for cash ISAs could backfire in multiple ways, an influential group of MPs has warned the government.

For months, speculation has been growing that the chancellor may slash the yearly limit for tax-free savings – potentially from £20,000 to £10,000.

The government is hoping to encourage savers to invest in stocks and shares ISAs instead, which can offer greater long-term returns and improve financial health.

But according to the Treasury Committee, slashing allowances would be unlikely to achieve this – and could lead to higher prices for consumers.

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Chancellor faces tough budget choices

Building societies rely on cash ISA savings to fund mortgage lending – and a drop in deposits might lead to higher interest rates or fewer products on the market.

Committee chairwoman Dame Meg Hillier said “we are a long way” from achieving a culture where substantial numbers of Britons invest in the stock market.

“This is not the right time to cut the cash ISA limit,” she warned. “Instead, the Treasury should focus on ensuring that people are equipped with the necessary information and confidence to make informed investment decisions.

More on Budget

“Without this, I fear the chancellor’s attempts to transform the UK’s investment culture simply will not deliver the change she seeks, instead hitting savers and borrowers.”

Read more: How to get started with a stocks and shares ISA

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Govt ‘not satisfied’ after inflation sticks at 3.8%

The latest figures suggest two-thirds of contributions to ISAs in the 2023/24 tax year went to cash accounts – bringing total holdings to £360bn.

An estimated 14.4 million consumers solely save in a cash ISA, with the average balance standing at £6,993.

Surveys suggest that, if allowances were cut, consumers may move their cash to alternative savings accounts where they would have to pay tax on interest.

Skipton Group executive Charlotte Harrison previously warned: “Building societies, which funds over a third of all first-time buyer mortgages, rely on retail deposits like cash ISAs to fund their lending.

“If ISA inflows fall, the cost of funding is likely to rise, and that means mortgages could become both more expensive and harder to access.”

She claimed a policy change could end up “penalising savers who want low-risk, flexible options” – adding: “Cash ISAs work. Undermining them doesn’t.”

Read more money news:
What’s behind surprising rise in retail sales

Tesco rolls out bodycams to security staff

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Tax hikes possible, Reeves tells Sky News

Chancellor Rachel Reeves said: “At the moment, often returns on savings and returns on pensions are lower than in comparable countries around the world.

“I do want to make sure that when people put something aside for the future, they get good returns on those savings.”

The committee’s warning comes amid speculation over whether Ms Reeves will raise income tax at next month’s budget – breaking a key Labour manifesto pledge.

Newspaper reports have suggested that the basic rate of income tax could be increased for the first time since the 1970s – up 1p to 21%.

This could raise about £8bn and help tackle a black hole in the country’s finances, but risks squeezing consumers further as a cost-of-living crisis continues.

A 1p rise to the higher band of income tax – taking that rate to 41% – is also believed to be under consideration, but this would only boost the nation’s coffers by £2bn.

Ms Reeves has refused to rule out such a move, telling Sky’s deputy political editor Sam Coates that she is looking at both tax rises and spending cuts ahead of her statement to the Commons on 26 November.

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Bank of England probes data-mining lending strategies fueling AI bets

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Bank of England probes data-mining lending strategies fueling AI bets

Bank of England probes data-mining lending strategies fueling AI bets

The Bank of England is worried that a rise in financiers’ lending to data center lending may cause an AI bubble reminiscent of the dot-com crash in the early 2000s.

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Trump to nominate SEC’s ‘pro-crypto’ Michael Selig as CFTC chair: Report

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<div>Trump to nominate SEC's 'pro-crypto' Michael Selig as CFTC chair: Report</div>

<div>Trump to nominate SEC's 'pro-crypto' Michael Selig as CFTC chair: Report</div>

The rumored nomination of Michael Selig follows the CFTC nomination process hitting a snag in September when Brian Quintenz was withdrawn.

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