Number 10 Blaming Number 11, Number 11 Blaming Number 10

Treasury sources tell Newsnight’s Nick Watt that “Number 10 just wants to spend money” and that “some of the senior political advisers around the Prime Minister have anti-Tory ideas about raising taxes”. They say Hammond had to fight against May and claim she wanted to raise Capital Gains Tax and NICs for higher-rate taxpayers. Meanwhile there is pushback from Number 10 in the Times, which quotes a source saying of Team Hammond: “They just forgot the manifesto”. Trouble…




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Quote of the Day

Dominic Raab wrote in his letter of resignation…

“This is, at its heart, a matter of public trust,” he told the PM, concluding: “I cannot reconcile the terms of the proposed deal with the promises we made to the country in our manifesto at the last election… I believe that the regulatory regime proposed for Northern Ireland presents a very real threat to the integrity of the United Kingdom. I cannot support an indefinite backstop arrangement, where the EU holds a veto over our ability to exit…”

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