PM leads tributes at funeral of 'remarkable' first female Speaker Betty Boothroyd

Starmer’s plans to avoid repeat of Truss mini-budget chaos

Labour Leader Sir Keir Starmer has set out his plans to ensure the Office for Budget Responsibility assesses every major fiscal statement by the government, to avoid future market fallouts like the one sparked by Liz Truss in 2022. During a visit to the London Stock Exchange, he said: “Just a year or so ago we had the disastrous mini-budget of Liz Truss and people are still paying the price for that and that can never be allowed to happen again.” Report by Buseld. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Starmer defends stance on EU standards

Labour Leader Sir Keir Starmer has defended comments he made about not wanting to diverge from European Union standards, after he was accused of wanting to “unpick Brexit”. He said: “I have repeatedly said that there is no case for going back into the EU and that includes the Single Market and Customs Union … but that does not mean that a Labour government wants to lower standards.” Report by Buseld. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Rishi Sunak fails to ease doubts on fate of HS2

Rishi Sunak insisted that people are more bothered about journey times “between northern towns and cities” in response to questioning on whether he would commit to HS2. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Britain Approves Oil and Gas Field in North Sea

Britain Approves Oil and Gas Field , in North Sea. On Sept. 27, the British government greenlit the development of the Rosebank field, CNN reports. The massive oil and gas field sits northwest of Shetland in Scotland. As the North Sea's biggest undeveloped oil and gas field, it has the capability of producing 500 million oil barrels. Britain's approval of the project has been criticized over its impact on the climate crisis. Critics also question the country's ability to meet its promise to have zero carbon emissions by 2050. A spokesperson for the North Sea Transition Authority said that the approval was made "taking net zero considerations into account throughout the project's lifecycle.". U.K. Prime Minister Rishi Sunak argues that the North Sea development will help to lower bills while providing the country with energy security. Even when we’ve reached net zero in 2050, a quarter of our energy needs will come from oil and gas. But there are those who would rather that it come from hostile states than from supplies we have here at home, U.K. Prime Minister Rishi Sunak, via statement. However, opponents say that Britain exports 80% of its oil, CNN reports. . Rosebank will do nothing to lower fuel bills or boost U.K. energy security. Most of this oil will be shipped abroad and then sold back to us at whatever price makes the oil and gas industry the most profit, Tessa Khan, climate lawyer, via statement