91Èȱ¬

Summary

  • David Cameron rejects Harriet Harman claims he is "gloating" in Prime Minister's Questions

  • Mr Cameron says MPs will get to debate allowing 16 and 17-year-olds an EU referendum vote

  • Chancellor George Osborne outlines new spending rules at Mansion House dinner

  • He also says he intends to begin the process of selling off the government's stake in the Royal Bank of Scotland

  1. Labour nominationspublished at 22.16

    Labour activists' website tweets...

  2. Dinner talkpublished at 22.08

    George Osborne speaking during the Bankers and Merchants DinnerImage source, Reuters
    Image caption,

    George Osborne speaking at the Mansion House this evening

  3. Welfare detailspublished at 22.03

    91Èȱ¬ Newsnight presenter tweets

  4. 'Clear signal' to HSBCpublished at 21.46

    The 91Èȱ¬'s business editor tweets...

  5. 'In Europe but not run by it'published at 21.40

    George Osborne has been talking about his attitude towards the European Union and the aims of the government's proposed renegotiation strategy. 

    Quote Message

    Now, there will be those in this room who are absolutely certain that Britain should leave the European Union. And there will be those who think Britain must remain in the European Union, come what may. I suspect the majority of people here would, to borrow an old phrase, like "Britain to be in Europe but not run by Europe". That is what, in essence, I see the renegotiation we are undertaking as seeking to secure."

    George Osborne, Chancellor of the Exchequer

  6. Osborne's tributes to rivalspublished at 21.20

    Speaking in the City of London, George Osborne has paid tribute to his former Lib Dem Treasury deputy Danny Alexander, praising him for his "good humour and determination" in restoring the nation's finances during the coalition government. He also spoke kindly of his former adversary Ed Balls, who lost his seat at the election, saying that while he did not agree with the former Labour MP on many economic matters he respected his "deeply held convictions" and thanked him for his "many years of public service". 

  7. Osborne on RBS sell-offpublished at 21.11

    The government plans Chancellor George Osborne is to announce in his annual Mansion House speech.

    Mr Osborne is to say the "decision point" had been reached.

    He will say he has received advice from Governor of the Bank of England Mark Carney and a review by investment bank Rothschild.

    Mr Carney said a phased sell-off "would promote financial stability, a more competitive banking sector and the interests of the wider economy."

  8. Lib Dem leadership hustingspublished at 21.03

    Lib Dem blogger writes...

  9. Ed Miliband's planspublished at 20.41

    New Statesman editor tweets...

  10. Osborne at the Mansion Housepublished at 20.36

    George Osborne at the Lord Mayor's Dinner for the Bankers and Merchants of the City of London at Mansion HouseImage source, PA
    Image caption,

    George Osborne is due to give his annual Mansion House speech, traditionally one of the chancellor's most important addresses of the year, in about half an hour's time

  11. Question Time line-uppublished at 19:25

  12. Green shotspublished at 18:58

    Green Party leader Natalie Bennett is not impressed by George Osborne's upcoming Mansion House speech, accusing the chancellor of going soft on the City over tougher regulation. She says:

    Quote Message

    The fact that Osborne is prepared to plough on with the same strategy shows which side his bread is buttered on - the side of the City and Britain's bankers. Osborne is once again demonstrating that it is one rule for the bankers and another for the rest of us, as he promises five more years of deep cuts to public services and welfare while letting off the bankers who caused the crash with little more than a slap on the wrist.

  13. Nationalists defy EU condemnation of Russia abusespublished at 18:57 British Summer Time 10 June 2015

    Russian nationalistsImage source, AFP

    Anti-EU parties including UKIP have voted against a European Parliament resolution, which condemns Russian human rights abuses.

    The strongly-worded,  was passed by a majority of MEPs. It called for a ban on funding of political parties in the EU by non-EU "political or economic stakeholders".

    Reports say the French National Front (FN) has received loans worth several million euros from a Russian bank.

    Russia remains under EU-US sanctions.

  14. Planning laws 'favour travellers'published at 18:43 British Summer Time 10 June 2015

    Philip Hollobone

    Planning laws are "favourably skewed" towards gypsy and traveller communities, an MP has claimed.

    Conservative Philip Hollobone said the law should apply equally to everyone.

    Citing examples of antisocial behaviour, the Kettering MP urged ministers to "listen to these concerns from the heart of middle England".

    But during the Westminster Hall debate, he was criticised by Labour MPs who said his "offensive" comments would "stigmatise" the communities.

    Mr Hollobone called for the end of a , which says councils must take into account the "accommodation needs of gypsies and travellers residing in or resorting to their district". 

  15. Girl power!published at 18.00

    Baroness Stowell, leader of the House of LordsImage source, EPA

    Crossbench peer and constitutional expert Lord Norton of Louth has welcomed the prominence of women in senior positions in the House of Lords.

    he says four female peers have just been appointed to chair four ad hoc committees: on the 2010 Equality Act; Sexual Violence in Conflict; Social Mobility; and the Built Environment. And he notes that five of the past eight leaders of the House have been women.

    The Commons has more to do to match the Lords' progress, he writes.

  16. SNP committee chairs announcedpublished at 17.56

    Pete Wishart

    SNP MP Pete Wishart is to become the new chairman of the Scottish Affairs Select Committee. He was the party's sole nominee for the role.

    It will be the first time the SNP has chaired a Commons committee. The party has also been given control of the Energy and Climate Change Committee in recognition of its new status as the third largest party in the House. This will be chaired by Angus MacNeil, MP for Na h-Eileanan an Iar.

  17. 'Excellent approach'published at 17.55

    91Èȱ¬ News Channel

    IoD director Simon Walker

    Bank of England governor Mark Carney is to call for rogue bankers to face criminal sanctions, in his Mansion House speech later.

    Institute of Directors chief Simon Walker thinks it "will go down well", saying ordinary, honest businesses are "as much the victims of that kind of abuse as anyone else". He adds that it is a "scandal that no-one has gone to jail for events that brought the economy to its knees".

    Asked for his thoughts on the proposed budget surplus rule, he says it's "an excellent approach". It may be "more symbolic than real", but George Osborne has already been "pretty determined" on that course, he adds. Hopefully it'll stop some of the "wilder excesses" seen in the past.

  18. Call for rogue trader sanctionspublished at 17.37

    91Èȱ¬ business editor tweets...

  19. Fiscal changepublished at 17.21

    91Èȱ¬ News Channel

    The more interesting question is whether this is the right fiscal rule, Paul Johnson says.

    Quote Message

    It'd be more interesting to know what is the level of debt is he targeting and when does he want to get there. That would tell you something much more useful about the path of fiscal change over the next 10 or 20 years than this law...

  20. IFS on budget surplus rulepublished at 17.18

    91Èȱ¬ News Channel

    Institute for Fiscal Studies director Paul Johnson says he thinks the chancellor intends that the surplus will run when growth is at 2% or more. 

    What change will legislating for it make in practical terms? Little, he thinks, noting that the child poverty target "hasn't made any difference at all to what government appears to have done". Rather it "signposts" what the government wants to do, Mr Johnson adds.