Finance minister warns of 'tough decisions' to be made on spending amid high borrowing costs - UK Politics Live

Good morning. Keir Starmer will face PMQs today. As he prepares, it seems likely that two problems will arise.

First, the economy. There was some mild good news this morning, with Rachel Reeves easily repelling an attempted attack on her by the Conservatives in the House of Commons yesterday, but the underlying fundamentals remain quite grim. Here are the key developments this morning.

People in the family know you can't borrow money every month to pay the bills.

Where we do borrow money to invest in national infrastructure, the debt must fall as a proportion of the size of the economy over the next five years.

These fiscal rules are non-negotiable. This means the Chancellor and this Government need to make tough decisions.

The second issue that is likely to dominate is the impact of Tulip Siddiq's resignation. as Pippa Crerar Explaining that although Siddique has now resigned, people are asking whether it was wise for Starmer to appoint her anti-corruption minister, given her family ties to a Bangladeshi leader who has been accused of corruption (or worse).

The bad news for Starmer is that this means people are now "questioning his judgement". (The good news for Starmer is that questioning of judgment is largely a focus of news and politics, used to keep the scandal largely a story after resignation. In the real world, ordinary people are very Stop complaining about "questioning the Prime Minister's judgment").

Here are the main developments in this regard.

I don't think there's anything wrong with the Prime Minister's judgment. Independent procedures were followed. After the meeting, Tulip decided to resign from the government.

Jones also said the fact that the prime minister's ethics adviser conducted an investigation that led to Siddiq's resignation showed "the process is working".

She now knows and should seek forgiveness from the people of Bangladesh…

We remain committed to accountability and justice and will work with partners around the world to return stolen funds to the people of Bangladesh.

This is the agenda for the day.

9.30am: Lord Advocate-General Lord Helmer gave evidence to the House of Commons Justice Committee.

10 a.m.: Education Secretary Bridget Phillipson gave evidence to the House of Commons education committee.

morning: Scotland's First Minister John Swinney delivers a speech on child poverty.

noon: Keir Starmer takes on Kemi Badenoch in PMQs.

After 12.30 noon: Lib Dem MP James MacCleary introduced a 10-minute rule bill that would require the government to negotiate a youth mobility scheme with the EU.

3pm: Energy Secretary Ed Miliband gave evidence to the House of Commons energy committee.

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