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Miliband urges Starmer to wield the axe as he weighs in on Labour crisis: Live

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Miliband urges Starmer to wield the axe as he weighs in on Labour crisis: Live


Ed Miliband responds to Labour coup plot rumours

The prime minister will “get rid” of the aide behind a briefing that has led to a leadership row if he finds them, energy secretary Ed Miliband has said.

Sir Keir Starmer has apologised to Wes Streeting for anonymous attacks from No 10 that he was plotting a coup, which the health secretary decried as “self-defeating” claims.

“If he finds the person, he’ll get rid of them, and I absolutely believe he would do that,” Mr Miliband told Sky News. “I think the briefing has been bad, no question. But my message to the Labour Party, though, is quite simple today, which is, we need to focus on the country, not ourselves.”

Concern around leadership has deepened ahead of chancellor Rachel Reeves’s Budget on 26 November, as the UK economy grew by 0.1 per cent in the three months to September, according to the Office of National Statistics. This is a marked slowdown from the 0.3 per cent in the previous quarter.

ONS director of economic statistics Liz McKeown linked slow growth to the impact of the JLR cyber attack on the manufacturing sector.

Analysis: Knives still out for McSweeney

Senior Labour figures are still furious about the events of the last 36 hours – and demanding the head of Starmer’s chief of staff Morgan McSweeney, according to Whitehall Editor, Kate Devlin.

A Labour peer told the Independent Keir was being “derailed” by some of the people around him.

“It was a mistake to sack Sue Gray, engineered by McSweeney. Some say McSweeney is too powerful to sack – but that would now show Starmer is fully in charge,” he added.

Kate Devlin, Whitehall Editor13 November 2025 09:35

Three ways Starmer could be ousted as PM after Streeting coup rumours

Bryony Gooch13 November 2025 09:27

Former bank chief claims Reeves doing all she can to stop economic growth

The former chairman of NatWest Bank has launched a broadside against Rachel Reeves warning she is doing everything she can to prevent economic growth.

Economist Sir Howard Davies told Radio 4’s Today Programme criticism of the chancellor comes less than two weeks ahead of a crucial budget which many believe could make or break the government.

While the chancellor came into office claiming that economic growth was her number one mission, the economy has stagnated.

Sir Howard blamed the policies she has brought in including increasing national insurance contributions on employers and new employment rights.

He said: “I would say that the way the government have been behaving in recent months is such that if they were trying to slow the economy down, I can’t think of anything else I would do, because you demonstrate first of all that you’ve got trouble at the top of the government, you then conduct a series of remarkable leaks suggesting that you’re going to tax property, you’re going to tax wealth, you’re going to tax gambling, you’re going to tax banks. You’re now going to tax even bikes for goodness sake.

“All of that is a sort of cumulative weighing down and creation of uncertainty. In addition, you have legislation which makes it more expensive to hire people, and you carry out a policy of public spending whereby public sector wages are going up by 6.6 per cent a year, and private sector by 4.2 and that is stopping the Bank of England from reducing interest rates, which would help as well. So there’s a whole series of things which are not appropriate.”

David Maddox, Politics Editor13 November 2025 09:20

Starmer’s shambles in No 10 risks handing power to Farage, Alastair Campbell warns

In a withering attack, Alastair Campbell said public support for the prime minister was “draining away” fast, adding that the government had “no compiling narrative” and had scored ‘too many own goals.’

The intervention by Mr Campbellcomes amid reports the prime minister has apologised to his health secretary Wes Streeting over a briefing operation against him on Tuesday evening from within Downing Street.

Mr Campbell said the prime minister needs to reassert control as he faces demands to sack his chief of staff Morgan McSweeney over the claims made by sources that Mr Streeting was preparing to launch a leadership coup.

Bryony Gooch13 November 2025 09:14

Alistair Campbell tells Downing St ‘get a grip’ amid leadership row

Alastair Campbell, former director of communications at Number 10, said Downing Street needs to “get a grip” as Sir Keir Starmer faces a leadership row following briefings against Health Secretary Wes Streeting.

Speaking to BBC Radio 4’s Today programme, Mr Campbell said he believed the Labour Party’s strategy “isn’t going very well”.

He said: “The worst thing about recent days is it’s made a relatively new government look like the last lot.

“There are bigger, worse enemies – like Nigel Farage.”

“Get a grip,” he added.

(Billie Charity and Hay Festival)

Bryony Gooch13 November 2025 09:05

PM is going ‘nowhere’ says former Labour comms chief

Amid concerns around the Budget, pressure remains on Sir Keir Starmer following a leadership row following briefings against Health Secretary Wes Streeting.

Former Labour communication chief Tom Baldwin told BBC Radio 4’s Today programme he believes the Prime Minister is going “nowhere”.

Asked whether he thinks the Prime Minister is in control, Mr Baldwin said: “I think this is the time where he really can get a grip on this.”

The former journalist, known to be close to the Prime Minister, added: “Keir Starmer is going nowhere out of Downing Street.”

Mr Baldwin’s comments come as Sir Keir faces pressure to overhaul his “toxic” Downing Street operation, after the Health Secretary criticised briefings from No 10 suggesting that he was plotting a coup.

Speaking to Sky News yesterday, Mr Streeting said the “juvenile” briefing against him showed problems with the culture in Sir Keir’s administration.

Bryony Gooch13 November 2025 08:40

Watch: Ed Miliband responds to Labour coup plot rumours

Ed Miliband responds to Labour coup plot rumours

Bryony Gooch13 November 2025 08:29

Industry analysis: ‘All eyes will be on the Budget after weak GDP reading’

Scott Gardner, investment strategist at JP Morgan Personal Investing, has said that more pressure is on the upcoming Budget after the weak GDP figures.

“All eyes will now be on the upcoming Budget with another weak GDP reading only adding to debates around which levers the Chancellor can pull to stimulate growth. In our view, boosting housing market activity is key to unlocking decent, sustained growth.

“This is especially important as recent uncertainty around potential changes to stamp duty and council tax has impacted overall sales and led to a softening in some parts of the market, like London.”

Bryony Gooch13 November 2025 08:22

Analysis: ‘Unspectacular’ economic growth shows importance of policies to boost public and private investment

Reacting to today’s quarterly GDP figures, Ashwin Kumar, director of research and policy at IPPR, said: “The UK continues to show unspectacular economic growth. Today’s figures emphasise the need for the government to continue with its policies to boost public and private investment, reform the planning system, and improve our trading relationship with the EU.

“The government needs to consider how it can provide more certainty to businesses looking to build and look at how it can reform taxes to promote growth.

“This quarter’s GDP figures were also affected by a major cyber attack on one car manufacturer, emphasising the real effects of cyber crime, and the economic value of measures to protect the UK from such activity.”

Bryony Gooch13 November 2025 08:14

Miliband admits GDP figures are ‘disappointing’

Ed Miliband has admitted that this morning’s GDP (gross domestic product) figures are “disappointing”.

The UK economy grew by 0.1 per cent in the three months to September, according to the Office of National Statistics, which is slower than expected.

Just after it was announced, the energy secretary told BBC Breakfast: “These are disappointing figures.”

He partly blamed the impact of the JLR cyber attack on the manufacturing sector, saying: “There were particular factors due to the JLR cyber attack that have affected the figures that come out today.”

He added: “The government are very focused on taking the actions that can get growth going in our economy because that’s the way to raise living standards.”

Energy Secretary Ed Miliband insists he is not giving up in the fight against climate change (Jordan Pettitt/PA)
Energy Secretary Ed Miliband insists he is not giving up in the fight against climate change (Jordan Pettitt/PA) (PA Wire)

Bryony Gooch13 November 2025 08:11



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Food prices to rise by almost 10% due to Iran war, warns key industry body

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Food prices to rise by almost 10% due to Iran war, warns key industry body


Food bills are set to soar as much as 10 per cent this year as a direct consequence of the Iran war, a key industry body has warned.

The Food and Drink Federation (FDF), which represents 12,000 food and drink manufacturers, has hiked its inflation forecast for the year from 3.2 per cent to between nine and 10 per cent.

During the 2022 cost of living crisis, food inflation rose at a rate of 10.9 per cent, figures from the Food and Drink Federation (FDF) show, while the following year was even worse at 14.6 per cent.

Since then, it had dropped back to 2.7 per cent (2024) and 4.2 per cent (2025), but while this year had originally been forecast to deliver food inflation of 3.2 per cent, the latest assessment is that it will instead see a huge rise in the second half of 2026.

The FDF said the current situation is “unprecedented and hard to predict”, but it’s “clear that food inflation is going to rise in the months ahead”.

How much that adds to the average bill depends on the size and frequency of a consumer’s usual grocery habits, but on average, bills could rise by around £588, according to some estimates.

Consumer rights and review site Which? frequently assesses UK supermarkets for cost, and at the start of 2026, an average basket of 89 shopping products cost £161.56 at Aldi and up to £217.02 at Waitrose.

Assuming food inflation lands at the mid-point of the FDF forecast, 9.5 per cent, and that all products and supermarkets applied that uplift equally, that would move the costs of those shops up to £176.91 and £237.64 respectively.

Research from confused.com suggested the average UK household spent £119 each week on food shopping, which is £6,188 each year; a 9.5 per cent uplift to that equates to an extra £588 annually, or a total of just over £130 per week and £6,775 annually.

Chancellor Rachel Reeves is due to meet with some supermarket chiefs on Wednesday, including Sainsbury’s and Tesco, over discussions to assess the upcoming impact of price rises on the cost of living. The Treasury has described it as a “fact-finding” conversation.

Last month, Asda boss Allan Leighton called on Labour to do more to help businesses after creating “a lot of constraints” for them.

Food prices are set to rise once more (Getty Images)

For food manufacturers, there is both a concern now and another yet to come in terms of energy cost rises.

Diesel – used in farm machinery – is up by 80 per cent since the start of the war, while fertiliser costs could increase further, as well as supply being constrained. The FDF also points to lost sales due to cancelled shipments to the Middle East, with UK firms regularly exporting cheese, cereals, chocolate and more to the region.

Dr Liliana Danila, chief economist at The Food and Drink Federation, said: “The food and drink sector is already feeling the force of this geopolitical shock. As one of the UK’s energy-intensive industries, manufacturers are facing mounting energy bills, rising transport and packaging costs and disruption across key supply chains.

“These pressures are hitting simultaneously and are a significant challenge for businesses to absorb.

“The current situation is unprecedented and hard to predict; however, given the scale and speed of these cost increases, and despite companies’ best efforts not to pass price increases on, it’s clear that food inflation is going to rise in the months ahead.”

The FDF says its upgraded inflation figures were based on “assumptions that the Strait of Hormuz opens to cargo traffic within the next two to three weeks”, as has been suggested by Donald Trump this week, and that most commodities, including oil, gas and fertiliser production, return to normal within a year.

In the past few months, the FDF has repeatedly called for the government to offer support to businesses in the sector from rising energy bills in the same way as it does to those in some other manufacturing areas.



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GST collections rise 8.2% in March 2026 to hit Rs 1.78 lakh crore – The Times of India

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GST collections rise 8.2% in March 2026 to hit Rs 1.78 lakh crore – The Times of India


GST collections: India’s net Goods and Services Tax (GST) collections increased to Rs 1.78 lakh crore in March 2026, marking a rise of 8.2% compared to the previous month, according to official figures released on Wednesday.Gross GST revenue for March stood at Rs 2 lakh crore, which is an 8.8% increase over the same month last year.Abhishek Jain, Indirect Tax Head & Partner, KPMG says, “GST collections continue to show steady 9% annual growth, supported by strong import activity this month and consistent compliance. While export refunds have eased this month but remain healthy overall for the year”Refunds during the month totalled Rs 0.22 lakh crore, up 13.8% on a year-on-year basis, which resulted in net GST collections of Rs 1.78 lakh crore.Domestic GST revenue reached Rs 1.46 lakh crore, registering a growth of 5.9%, while revenue from imports was recorded at Rs 0.54 lakh crore, rising sharply by 17.8% during the period.Post-settlement GST figures across states presented a varied trend. While industrially advanced states recorded strong growth, several others reported a decline.Maharashtra contributed the highest amount to the overall collections at Rs 0.13 lakh crore on a pre-settlement basis, followed by Karnataka and Gujarat.Among states showing an increase in post-settlement SGST collections were Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Gujarat, Maharashtra, Karnataka, Kerala, Tamil Nadu, Telangana and Andhra Pradesh, among others.On the other hand, states such as Jammu and Kashmir, Chandigarh, Delhi, Arunachal Pradesh, Meghalaya, Assam, West Bengal, Jharkhand, Odisha, Chhattisgarh and Madhya Pradesh, among others, registered a decline in post-settlement SGST revenues.



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PSX surges over 5,000 points on market optimism – SUCH TV

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PSX surges over 5,000 points on market optimism – SUCH TV



A wave of bullishness swept the Pakistan Stock Exchange on Wednesday, pushing the 100 Index up by more than 5,000 points to reach 153,700.

The surge reflects increased investor confidence and strong trading activity across major sectors.

 



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