Politics

Government borrowing in November was the lowest for that month in three years, according to official figures. November borrowing was £3.4bn less than the same time last year, the Office for National Statistics (ONS) said. The state borrowed £11.2bn more than it took in last month. The deficit fall was not anticipated by analysts who
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Labour’s anti-corruption minister has been named in court documents detailing claims her family embezzled billions of pounds from a nuclear power project in Bangladesh. Economic secretary Tulip Siddiq – who holds responsibility for financial crime and illicit finance – is alleged to have helped co-ordinate meetings with the Russian government regarding the Rooppur nuclear power
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Sir Keir Starmer has nominated his former top adviser Sue Gray for a peerage. Ms Gray, whose report into the partygate scandal contributed to the downfall of former prime minister Boris Johnson, is among 30 new Labour peerages announced ahead of Christmas to redress the party “imbalance” in the House of Lords. The Conservatives have
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The prime minister and chancellor were in lockstep as they reacted to Friday morning’s GDP figures. “Disappointing”, the PM’s spokesperson said, echoing Rachel Reeves’s words two hours earlier. The UK economy shrunk for a second month, contracting 0.1% in October. Money blog: latest updates Please use Chrome browser for a more accessible video player 2:10
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