Hugo Gye
@HugoGye
Political editor, @theipaper. Þæs ofereode, þisses swa mæg. Get in touch: [email protected]
🚨📝 NEW COLUMN No risk, no reward - that is Rachel Reeves's Mansion House mantra She is being admirably honest about the need for trade-offs to stoke economic growth It's a big gamble, but may be one she can't afford to pass up

Fuel duty looks set to be frozen again in autumn’s Budget to ease cost of living pressures on households inews.co.uk/news/politics/… @theipaper
Modi plans UK visit next week to sign India trade deal The trip would be the Indian PM’s first visit to the U.K. in seven years. politico.eu/article/narend…
A thread of reactions to the Government neutering Part 3 of the Planning an Infrastructure bill 👇 There are a lot of disappointed YIMBYs out there
Breaking: A Labour Party spokesperson said: “Diane Abbott has been administratively suspended from the Labour Party, pending an investigation. We cannot comment further while this investigation is ongoing.”
“He is definitely running though, as it stands... ideal timing is him finishing in 2028.” Burnham won’t confirm it – but with his mayoral term ending just before the next election, allies believe the path is opening Read here: inews.co.uk/news/politics/…
I've written for @theipaper about the quiet but growing speculation that Andy Burnham is preparing a third tilt at the Labour leadership “Andy, for me, is the only person that could save Labour,” one former aide told me
I was in Treasury when UK among others agreed to 0.7% GDP on aid. Most ignored this solemn agreement. UK took seriously briefly but now reduced to lowest in generations. One reason, among many, I take “commitment” to increase defence spending to 3.5% GDP with bucketful of salt.
An eye-catching stat from @icai_uk: By 2027/28, UK aid spending excluding domestic support for asylum seekers (i.e. ‘traditional’ aid spending on stuff like famine relief) will be at its joint-lowest level in 50 years -- lower than in every year of the Thatcher government.
The next general election will see 16 and 17-year-olds able to vote for the first time, ministers have confirmed in wide-ranging plans to “modernise our democracy”. Follow live updates: trib.al/gXN4PW6
A decidedly mixed UK jobs report with payroll employment falls accelerating in June, and now averaging 17k/month since last year's General Election. Policy indigestion from combination of NLW, employee rights package, & employer NICs burden the most likely drivers of this…
It's going to be really funny if Trump actually manages to eject Powell, gets someone much more pliant in, and then the first month after they're confirmed the FOMC votes against a rate cut by eleven to one.
TRUMP says that it's "highly unlikely" he will fire Powell -- unless he has to leave for "fraud."