The Defence Investment Plan is still being “finalised,” Downing Street has said just now. Clown government latest…
At the Lobby briefing of political journalists Starmer’s spokesman said: “Work to finalise the Defence Investment Plan continues at pace with the new Defence Secretary.” Still not ready…
The spokesman would not say if Dan Jarvis had approved the existing deal or asked for changes, saying only: “You wouldn’t expect me to get ahead of what the DIP will say, that will come in due course.” From Peter Kyle’s broadcast round we know that DBT is getting a cut…
Downing Street would not say if defence takes priority over welfare and added: “We’re increasing funding for defence and reforming the welfare system.” But without saving any money from the latter – the circus show goes on…
Former Treasury minister and adviser to Burnham in the Makerfield campaign Lord Jim O’Neill, who has turned down a role in his government, said Burnham’s first statement Commons was:
“The last thing investors wanted to hear… gilt yields have risen by a 0.25% in one day, which is a lot. We’ve not had that since Liz Truss days… If your country is under the focus of ‘can they come up with a sensible fiscal strategy’ on a day when the markets think ‘well no, you’re not showing any sign of it’ you’re going to have a tough day…if it stays like this your mortgage rate is going up.”