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REVEALED: 9 - The Real Truth

Falling inflation this year should smooth way for more interest rate cuts, says Bank of England policymaker - as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Offshore windfarm contracts to fuel 12m homes in Great Britain after record auction

Subsidies awarded to eight new projects help keep UK on track to decarbonise by 2030

The Guardian - UK

Heathrow third runway: Government admits it may miss sustainable aviation fuel target key to airport expansion

The Government has backed a bigger Heathrow and is now deciding how tests on economic growth, air quality, noise and climate change should be set

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

North London residents including Benedict Cumberbatch and Ed Miliband’s wife face defeat over plans for £5.6m flats

Planning officers at Camden Council are set to decide on the proposals at a meeting on Thursday

Evening Standard

Energy and health optimism help lift civil service morale under Labour

Foreign Office and MoD among only four departments with declining morale in annual Whitehall monitor report

The Guardian - UK

Keir Starmer Plans To 'Bulldoze' Green Belt, Warned Labour's 'Merciless' Rural War Will Scar Britain Forever

Keir Starmer's Labour government faces mounting backlash over green belt development, rural taxes and net-zero projects, as critics warn Britain's countryside is being sacrificed.

International Business Times UK

Keir Starmer to woo voters and MPs with new year plan to cut cost of living

PM to highlight energy bill and interest rate cuts, plus end to two-child benefit cap, and to invite his MPs to Chequers

The Guardian - UK

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Keir Starmer Warned His Fall In 2026 Will Spark 'The Real Nightmare' For Britain

As Keir Starmer's political demise seems inevitable, Britain faces a far more alarming prospect: a Labour successor chosen by party ideologues rather than voters.

International Business Times UK

Ed Miliband to invest in solar power to create ‘zero bill’ homes

The government is expected to allocate as much as £13bn over the next four years to cut emissions and reduce energy bills

The Independent UK

Martin Lewis mounts pressure on energy firms to deliver Labour’s £150 bill cut

Energy companies have been told there is a ‘clear expectation’ of them

The Independent UK

‘A shift no country can ignore’: where global emissions stand, 10 years after the Paris climate agreement

The watershed summit in 2015 was far from perfect, but its impact so far has been significant and measurable

The Guardian - UK

UK will have to follow EU and delay ban on sale of diesel and petrol cars, experts warn

Labour environment secretary Ed Miliband under pressure as Europe prepares to water down key net zero pledge

The Independent UK

‘Could do a better job than Keir Starmer’: who could replace the PM if he is forced out?

Labour leader remains bullish about defeating any challenge, but jostling for top job among rivals and their supporters continues

The Guardian - UK

No 10 declines to comment on White House claim that Europe facing ‘civilisational erasure’ – as it happened

US national security strategy takes aim at EU and other bodies over issues including migration, free speech and falling birthrates

The Guardian - UK

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Evening Standard

Energy bills to go up by £108 a year to pay for 'more resilient' gas and electricity networks

Gas bills will have to go up by an average of £48, while electricity bills will rise by £60 a year on average.

The Independent UK

Energy giants told to pass on £150 discount to customers

Chancellor Rachel Reeves confirmed her intention to lower energy costs and alleviate the cost of living,

Evening Standard

Energy firms told to pass on £150 discount to customers on fixed tariffs

Energy Secretary Ed Miliband has written to energy firms calling on them to ensure everyone benefits.

The Guardian - UK

Radical Reeves? The chancellor’s mansion tax is a small but brave step forward

The high-value council tax surcharge may only raise £400m but it’s the best opportunity for a bigger, fairer tax on wealth

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The Guardian - UK

Budget has preserved Starmer’s job until at least May elections, say Labour MPs

While some call budget ‘tactical victory’, few MPs believe it is enough for Labour to beat Reform

The Guardian - UK

Labour is still in a muddle on North Sea oil and gas

Maintaining existing drilling sites for longer is sensible but doesn’t square with plans to keep the energy profits levy

The Guardian - UK

Ed Miliband confirms crackdown on North Sea exploration – but new drilling will continue

Strategy paper released with budget allows new oil and gas projects to move ahead if they are linked to existing fields

The Guardian - UK

North Sea plan allows drilling while enabling Labour to keep ‘no new licences’ pledge

‘Tiebacks’ will permit small amount of new fossil fuel extraction, but campaigners want bolder strategy

Evening Standard

UK Government to allow oil and gas extraction near existing North Sea fields

Energy Secretary Ed Miliband said it is a ‘world-leading’ plan

The Guardian - UK

‘Fossil fuel giants finally in the crosshairs’: Cop30 avoids total failure with last-ditch deal

It took some oblique wording, but Saudi Arabia made a last-minute decision to sign deal that marks departure for Cop

The Guardian - UK

We delivered a clear message at Cop30: the delayers and defeatists are losing the climate fight

For all its flaws, the Brazil conference underlined the wish by a global majority for clean energy and climate action – and the UK will keep leading the way, says Ed Miliband, secretary of state for energy security and net zero

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Luiz Inácio Lula da Silva

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