Connect with us

Published

on

Sir Keir Starmer has said “it will take some time” before living standards improve in the UK as he faced a grilling from senior MPs.

The prime minister said “we want people to feel better off” but warned his government could not fix everything “by Christmas”.

He was facing the chairs of several parliamentary committees in his first appearance in front of the powerful liaison committee.

Politics latest:
Starmer’s spikey first exchange with ‘super committee’

Sir Keir said the increase in the national living wage was a “pay rise for the three million who are the lowest paid” and public sector workers were also feeling the benefit of pay increases.

“In addition to that, the measures that we put in place will improve living standards,” he said.

He added: “It will take some time, of course it will.

“One of the biggest mistakes, I think, in the last 14 years was the idea that everything could be fixed by Christmas. It can’t.”

He said planning how to fix things “will take time”, as will changing regulations to ensure growth can happen.

The prime minister said the October budget, which has been criticised by several sections of society, was about “stabilising the economy”.

Please use Chrome browser for a more accessible video player

Waspi: Govt ‘backtracked’

But the prime minister added more needs to be done to grow the economy, with planning reforms a key concern.

The government’s plan to build 1.5 million houses over the next five years will happen, he said.

“I accept it’s difficult, I accept its stretching. But it’s hugely important,” he added.

Sir Keir also defined “blockers” after he pledged to “back the builders, not the blockers”.

Blockers are those who say the UK “shouldn’t have targets” for housebuilding and those who argue “we shouldn’t build here”, he added.

The prime minister gave an example of wind turbines taking 13 years to be installed due to planning objections and delays connecting them to the energy grid.

Read more:
Minister Tulip Siddiq caught up in Bangladesh court anti-corruption probe

Hospices in England to receive extra Ā£100m – but govt will not say if it covers tax hike

Donald Trump and Keir Starmer.
Pic:Reuters
Image:
Donald Trump and Keir Starmer met earlier this year. Pic:Reuters

Sir Keir was also asked about foreign affairs and defence, including on the possibility of tariffs being introduced by Donald Trump.

He said he is “not a fan” of tariffs but thinks he can make progress on trade with the US, and added he does not accept the UK can only be close to the EU or the US.

On defence, the PM was asked by Labour MP Tan Dhesi, chair of the defence committee, what keeps him up at night.

He said he is not kept awake because he is confident in the UK’s defence and security, adding we have “first class personnel here and across the world”.

However, he said he accepts we are “living in a more volatile world” and his government has doubled down on support for NATO.

Please use Chrome browser for a more accessible video player

Will train strikes derail Keir Starmer?

On migration, Sir Keir said the UK will always need overseas skills but the levels are too high.

“Obviously what I don’t want to do is to choke off businesses that are thriving at the moment by cutting their legs off and say ‘you can’t have inward migration’,” he said.

Sir Keir was thanked by the liaison committee chair Dame Meg Hillier for his “commitment to transparency and scrutiny”.

The PM appears in front of the committee roughly twice a year so the next time could be next summer.

Continue Reading

Politics

Starmer refuses to rule out manifesto-breaking tax rises in budget

Published

on

By

Starmer refuses to rule out manifesto-breaking tax rises in budget

The prime minister has refused to rule out manifesto-breaking tax hikes in next week’s budget while speaking to Sky News political editor Beth Rigby.

Sir Keir Starmer was interviewed by Rigby while the pair were in South Africa for a meeting of the G20 group of nations.

Despite the government last year indicating it was not going to raise more taxes, it appears that Wednesday’s fiscal event will involve substantial increases in levies.

The 2024 Labour manifesto said: “We will ensure taxes on working people are kept as low as possible.

“Labour will not increase taxes on working people, which is why we will not increase national insurance, the basic, higher, or additional rates of income tax, or VAT.”

At the start of their interview, the prime minister was asked by Rigby if it was important for politicians to “stick to their word”.

Sir Keir said: “Yes, it is important that politicians stick to their word.

More on Budget 2025

“They have to make decisions against a political backdrop. And, we’ve also got big decisions to make in the budget that’s coming in just a few days time.”

This caveat matches the expectations that a range of taxes are going to be increased so the government can keep its spending pledges and increase its fiscal headroom amid worsening economic headwinds.

There was chaos last week after the increase in income tax that many had expected to be on the way was revealed to no longer be on the cards.

Please use Chrome browser for a more accessible video player

Why has chancellor U-turned on income tax rises?

Asked specifically on the manifesto commitment on tax, Sir Keir told Rigby that decisions will be made “against a very difficult backdrop”.

In total, the prime minister refused 12 times to rule out tax rises.

He added it was “important to take the right decisions for our country”.

Rigby pointed out in the lead-up to the 2024 Budget, the prime minister was more unequivocal, saying income tax, national insurance and VAT would not all go up.

The prime minister declined to make the same promise, saying the decisions on tax will be announced on Wednesday.

Read more:
Did Reeves pull of something extraordinary?
Government borrowing higher than expected
Will energy bills be made cheaper?

However, Sir Keir said the budget will be guided by “principles”, including “fairness”.

The prime minister said the three areas he is “bearing down on” are the NHS, cutting national debt and dealing with the cost of living crisis.

One tax rise that has not been ruled out is what is known as a “stealth tax rise” of freezing income tax thresholds.

Rigby highlighted that in last year’s budget, Rachel Reeves said freezing thresholds will “hurt working people” – and asked the prime minister if he agreed.

šŸ‘‰ Click here to listen to Electoral Dysfunction on your podcast app šŸ‘ˆ

Sir Keir said: “We are going to set out our decisions.

“We will have absolutely in mind that the cost of living is the number one issue for people across the country.”

Pushed again, if working people will have their taxes increased, the prime minister instead mentioned he has people who are “struggling with the cost of living” in mind when making decisions.

Continue Reading

Politics

Ex-Coinbase lawyer announces run for New York Attorney General, citing crypto policy

Published

on

By

Ex-Coinbase lawyer announces run for New York Attorney General, citing crypto policy

Khurram Dara, a former policy lawyer at cryptocurrency exchange Coinbase, officially launched his campaign for New York State Attorney General.

In a Friday notice, Dara cited his ā€œregulatory and policy experience, particularly in the crypto and fintech spaceā€ among his reasons to try to unseat Attorney General Letitia James in 2026.

The former Coinbase lawyer had been hinting since August at potential plans to run for office, claiming that James had engaged in ā€œlawfareā€ against the crypto industry in New York.

Law, Politics, New York, Elections
Source: Khurram Dara

Until July, Dara was the regulatory and policy principal at Bain Capital Crypto, the digital asset arm of the investment company. According to his LinkedIn profile, he worked as Coinbase’s policy counsel from June 2022 to January 2023 and was previously employed at the crypto companies Fluidity and Airswap.

James, who took office in 2019, has faced criticism from many in the crypto industry for filing lawsuits against companies on behalf of affected New Yorkers, including Genesis, KuCoin and NovaTech. Whoever assumes the role of New York’s attorney general would have significant discretion over whether to file charges against crypto companies.

Related: New York AG urges Congress to bolster protections in crypto bills

Dara, who said he plans to run as a Republican, also echoed Mayor-elect Zohran Mamdani’s recent winning campaign, citing New Yorkers’ concerns about the cost of living and affordability. Cointelegraph reached out to Dara for comment, but had not received a response at the time of publication.

The lawyer who represented XRP holders is also running for office again

As the deadline approached for candidates for various offices to announce their runs, former Massachusetts senatorial candidate John Deaton said he would try to unseat a Democrat again.Ā 

Deaton ran against Senator Elizabeth Warren in 2024, losing by about 700,000 votes. On Nov. 10, however, he announced he would run as a Republican again, attempting to unseat Senator Ed Markey in 2026.