Advertisement
UK markets closed
  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     
  • FTSE 250

    19,824.16
    +222.18 (+1.13%)
     
  • AIM

    755.28
    +2.16 (+0.29%)
     
  • GBP/EUR

    1.1669
    +0.0013 (+0.11%)
     
  • GBP/USD

    1.2478
    -0.0033 (-0.26%)
     
  • Bitcoin GBP

    50,890.87
    -405.98 (-0.79%)
     
  • CMC Crypto 200

    1,322.08
    -74.45 (-5.33%)
     
  • S&P 500

    5,102.18
    +53.76 (+1.06%)
     
  • DOW

    38,254.38
    +168.58 (+0.44%)
     
  • CRUDE OIL

    84.07
    +0.50 (+0.60%)
     
  • GOLD FUTURES

    2,347.70
    +5.20 (+0.22%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     
  • DAX

    18,161.01
    +243.73 (+1.36%)
     
  • CAC 40

    8,088.24
    +71.59 (+0.89%)
     

Starmer pulls out of Budget after testing positive for Covid

Labour leader Sir Keir Starmer has had to pull out of the Budget after testing positive for Covid-19, the party has said.

The leader of the opposition normally responds to the Chancellor’s statement in the Commons but his place at the dispatch box will be taken by shadow chancellor Rachel Reeves.

Shadow business secretary Ed Miliband is standing in for Sir Keir at Prime Minister’s Questions.

The former leader was greeted by ironic cheers from Tory MPs when he stood up in the Commons chamber.

It is the fifth time Sir Keir has had to self-isolate since the start of the pandemic – the most recent occasion was in July when one of his children tested positive.

ADVERTISEMENT

Earlier, the Labour leader tweeted: “The Budget must take the pressure off working people.

“With costs growing and inflation rising, Labour would cut VAT on domestic energy bills immediately for six months.

“Unlike the Tories, we wouldn’t hike taxes on working people and we’d ensure online giants pay their fair share.”