The comments made by Liz Kendall, the Labour MP for Leicester West, on Twitter on 17 October 2022.
How can Truss remain when everything she stands for is gone? And – crucially – where is the mandate for what the Tories are now proposing? Why should my constituents pay the price for the economic damage this Tory Govt has caused? Untenable. Undemocratic. Unforgivable.
The comments made by Keir Starmer, the Leader of the Opposition, on 17 October 2022.
The Prime Minister says she is in charge but the evidence this weekend suggests she is in office and not in power.
Friday’s press conference completely failed to answer any of the questions the public has.
Mortgages are rising and the cost of living crisis is being felt more acutely: the Conservative Government is currently the biggest threat to security and the finances of families across the country.
That’s why the Prime Minister must come to Parliament on Monday, to explain what she plans to do to turn the situation around.
If the Prime Minister won’t take questions from journalists, Liz Truss must at least take them from MPs representing the families whose livelihoods she’s putting at risk.
The comments made by Tim Farron, the Liberal Democrat MP for Westmorland and Lonsdale, on 17 October 2022.
Let’s be clear: this emergency statement is not in response to an external crisis, a war, a pandemic or global energy prices – it’s in response to the ongoing crisis in the Conservative Government.
It also speaks volume about the Conservatives’ total disregard for rural communities like ours in Cumbria, that one of the only things that hasn’t been axed from the mini budget is the cut in stamp duty – a measure which will fuel excessive second home ownership and the Airbnb boom that is turning our communities into ghost towns and ejecting local families.
This chaos cannot be allowed to go on for any longer – it’s time for a General Election.
![PRESS RELEASE : £15 million investment in satellite communications from UK Space Agency [October 2022]](https://www.ukpol.co.uk/wp-content/uploads/2022/08/businessenergy-150x150.png)
The press release issued by the Department for Business, Energy and Industrial Strategy on 17 October 2022.
Science Minister Nusrat Ghani has unveiled a new £15 million fund for UK businesses to revolutionise satellite communications technology.
The competition, running until next spring, is open to organisations developing ambitious technologies across the satellite communications ecosystem. It will prioritise customer needs, support sustainable growth and catalyse further investment into the UK space sector, which already employs 47,000 people.
Ideas can focus on creating entire new satellite constellations, ground systems, or delivering new services to customers, and will be funded through the UK Space Agency’s leading role in the European Space Agency (ESA) Advanced Research in Telecommunications Services (ARTES) programme.
This new funding package is announced as the Science Minister travels to Rome, Italy, in her first space-focused visit overseas to meet ESA Director General Josef Aschbacher.
The meeting comes ahead of the ESA Council of Ministers (CMIN22) next month where the UK and other member states will negotiate their future contributions to ESA for priority space projects and missions.
Science Minister Nusrat Ghani said:
I am proud to be representing the UK space sector as we discuss our ambitions ahead of the ESA Council of Ministers next month. There are a series of important programmes on the table and I want to harness opportunities in space to grow the UK economy, create jobs and inspire young people into STEM careers.
We’re also making new funding available now to strengthen the UK’s position as a world leader in the satellite communications market, and I look forward to seeing the results of the competition.
The £15 million fund comes as a new report shows every £1 invested in ESA generates an overall return of £11.80 for the UK economy.
The Impact Evaluation of UK Investment in the European Space Agency also shows the UK is in the top three nations in terms of scientific output, with the USA and Germany. This is a measure of the publication rate per every £1 invested among key space-faring countries.
The UK’s role in ESA is an important part of delivering on the government’s ambitious National Space Strategy. The UK committed £374 million per year over five years to ESA in 2019 and this report looks at the impact of that investment in 2020 and 2021.
The ARTES programme is one of the UK Space Agency’s key commercial drivers for UK space sector growth and includes projects such as Eurostar Neo. UK involvement, which is expected to bring a 20:1 return on investment, will see new geostationary satellites developed by UK-based Airbus launched into space to provide better broadcast, internet and communications services around the world.
Dr Paul Bate, Chief Executive of the UK Space Agency, said:
Our ESA membership delivers huge advantages to the UK, by catalysing investment into the sector, backing innovative companies, and providing access to new missions and capabilities such as the James Webb Space Telescope.
As a founding member of ESA, UK space organisations benefit from access to world-class facilities in the UK and Europe, the expertise of ESA’s 3,000 staff, and close links to the wider international space community, including other space agencies like NASA.
This new report demonstrates how our participation in ESA translates into real results for the UK economy and continues to play an important role in meeting our national space ambitions.
![PRESS RELEASE : Avian influenza – Prevention Zone declared across Great Britain [October 2022]](https://www.ukpol.co.uk/wp-content/uploads/2022/08/environmentlogo-150x150.png)
The press release issued by the Department for Environment, Food and Rural Affairs on 17 October 2022.
Following an increase in the number of detections of avian influenza (bird flu) in wild birds and on commercial premises, the Chief Veterinary Officers from England, Scotland and Wales have declared an Avian Influenza Prevention Zone (AIPZ) across Great Britain to mitigate the risk of the disease spreading amongst poultry and captive birds.
This means that from midday on Monday 17 October, it will be a legal requirement for all bird keepers in Great Britain to follow strict biosecurity measures to help protect their flocks from the threat of avian flu.
Implementing the highest levels of biosecurity measures on farm is the most effective way in reducing the risk of disease spreading and is the best way to protect flocks. The introduction of the AIPZ comes after the United Kingdom has faced its largest ever outbreak of avian flu with 190 cases confirmed across the United Kingdom since late October 2021, with over 30 of these confirmed since the beginning of the month. The East of England has been particularly badly hit with outbreaks in poultry and captive birds. There have also been outbreaks in the south west and in wild birds at multiple sites across Great Britain.
Avian influenza circulates naturally in wild birds and when they migrate to the United Kingdom from mainland Europe over the winter they can spread the disease to poultry and other captive birds. Maintaining strict biosecurity is the most effective method of protecting birds from the virus.
Keepers with more than 500 birds will need to restrict access for non-essential people on their sites, workers will need to change clothing and footwear before entering bird enclosures and site vehicles will need to be cleaned and disinfected regularly to limit the risk of the disease spreading. Backyard owners with smaller numbers of poultry including chickens, ducks and geese must also take steps to limit the risk of the disease spreading to their animals.
The UK Health Security Agency (UKHSA) advises that the risk to public health from the virus is very low and the Food Standards Agency advises that avian influenzas pose a very low food safety risk for consumers. Properly cooked poultry and poultry products, including eggs, are safe to eat.
In a joint statement the Chief Veterinary Officers for England, Scotland and Wales said:
Bird keepers have faced the largest ever outbreak of avian flu this year and with winter brings an even more increased risk to flocks as migratory birds return to the United Kingdom.
Scrupulous biosecurity and hygiene measures is the best form of defence, which is why we have declared an Avian Influenza Prevention Zone (AIPZ) across Great Britain, meaning that all bird keepers must take action to help prevent the disease spreading to more poultry and other domestic birds.
The introduction of an AIPZ means regardless of whether you keep a few birds or thousands, you are legally required to meet enhanced biosecurity requirements to protect your birds from this highly infectious disease.
The introduction of an AIPZ follows a decision to raise the risk level for avian influenza incursion in wild Birds in Great Britain from ‘medium’ to ‘high’. For poultry and captive birds the risk level has been raised from ‘medium’ to ‘high’ at premises where biosecurity is below the required standards, and from ‘low’ to ‘medium’ where stringent biosecurity measures are applied.
The nationwide AIPZ builds on the additional biosecurity measures that were brought in last week as part of the regional housing order which covers Norfolk, Suffolk and parts of Essex. The AIPZ, now in force across Great Britain, does not include a nationwide requirement to house birds. However, this is being kept under constant review.
There has been a prolonged season of avian influenza this year and with the now increased risk during the winter, the need to include a mandatory housing requirement in the AIPZ may arise. Further disease control measures will be based on the latest scientific evidence and veterinary advice.
Keepers should familiarise themselves with our avian flu advice and report suspicion of disease to APHA on 03000 200 301.
The avian influenza prevention zone will be in place until further notice and will be kept under regular review as part of the government’s work to monitor and manage the risks of bird flu.
Dead wild birds may be infected so don’t touch them unless wearing suitable protective clothing. When found on publicly owned land and a decision is taken to remove them, it is the local authorities’ responsibility to safely dispose of the carcases as animal by-products.
Poultry keepers and members of the public should consult our latest guidance to check the latest threshold for reporting dead wild birds to the Defra helpline on 03459 33 55 77 and not touch or pick them up. Where not required for testing they should be disposed of safely.
![PRESS RELEASE : Energy Markets Financing Scheme opens today [October 2022]](https://www.ukpol.co.uk/wp-content/uploads/2022/08/hmtreasury-150x150.png)
The press release issued by the Treasury on 17 October 2022.
Russia’s brutal and illegal invasion of Ukraine has led to unprecedented volatility in wholesale energy markets. Over the past month, natural gas futures prices have been changing by more than 15% a day.
This backstop scheme will help firms facing temporary short-term financing problems. The EMFS will allow commercial banks to provide larger credit lines to approved energy firms that are unable to meet extraordinary margin calls due to large moves in energy prices.
This vital intervention will help support wider confidence in the energy market and could help reduce the eventual cost of energy for businesses and consumers.
The scheme will be open to firms of good credit quality playing a significant role in UK energy markets, as generators, shippers or suppliers. They must currently operate in the UK energy market and must be, or have an entity which is, Ofgem-licensed. Firms will need to demonstrate they are facing large liquidity needs from margin calls when hedging their energy price risk. The EMFS is broadly similar to schemes launched in Germany, Finland and Sweden.
Chancellor of the Exchequer, Jeremy Hunt, said:
“A resilient energy market is vital as we all grapple with the consequences of Putin’s horrifying invasion of Ukraine and his decision to weaponise Russia’s energy reserves.
“Today we are continuing to act to ensure the market itself is secure, significantly reducing any risk of market failure.”
Governor of the Bank of England, Andrew Bailey, said:
“The volatility in energy markets we have seen in recent months, caused by Russia’s invasion of Ukraine, has resulted in a number of energy firms facing extraordinary liquidity requirements.
“This scheme will provide short-term financial support for these firms so they can weather this period, while also supporting the wider resilience of energy markets in the UK.”
From today, the Bank will screen initial applications for eligibility. HM Treasury will then robustly assess the credit risks and limits before giving final approval. The Bank will then issue a 100% guarantee to the energy firms’ existing commercial bank or banks they use for additional lending. Whilst using the scheme, energy firms will be required to comply with a set of policy conditions, such as restrictions on the use of funds, executive pay, and capital distributions.
Firms have three months to apply and once approved will be able to benefit from a guarantee for a further 12 months.
State owned firms and energy firms owned by financial institutions and commodity trading houses will not be eligible for the scheme.
The ‘Energy Markets Financing Scheme’ was announced on 8 September 2022 alongside the Energy Price Guarantee, with further details confirmed as part of the Government’s Growth Plan on 23 September 2022.
The press release issued by the Treasury on 17 October 2022.
The EMFS was announced by the Prime Minister on 8 September, and in The Growth Plan the then Chancellor confirmed that it will provide a 100% guarantee to commercial banks to provide additional lending to energy firms.
Delivered with the Bank of England, this scheme addresses the extraordinary liquidity requirements faced by energy firms operating in UK wholesale gas and electricity markets as a result of margin calls.
Energy prices have been high and volatile in recent months. As a result, large amounts of collateral are required to enter into contracts firms use to effectively insure themselves from price fluctuations, or otherwise firms must accept large credit exposures to their counterparties.
The details of the scheme are being announced today, and firms can start to apply via the Bank of England. Applications will be accepted for a period of three months.
The scheme is aimed at providing a backstop to support energy firms facing large and unexpected margin calls. Pricing and conditions will reflect this objective. The scheme will provide resilience to energy markets and therefore help to reduce the eventual cost for businesses and consumers.
Further details on the structure of the scheme can be found on the Bank of England’s website and the market notice published today. To apply to the scheme please contact EMFS-Applications@bankofengland.co.uk
Scheme Eligibility
As part of the application process, firms will need to demonstrate that they meet the eligibility criteria.
The EMFS is intended to support energy firms who are facing short term liquidity challenges but would be otherwise in sound financial health. Eligibility will be considered based on the following criteria:
Firms must demonstrate they are in sound financial health (firms must be otherwise solvent and solvency will be assessed through robust due diligence processes)
Firms must be Ofgem-licensed (or have an Ofgem-licensed entity), and have a pre-existing relationship with an approved commercial bank or banks;
In addition, firms must also demonstrate they are making a material contribution to UK energy markets through meeting one or more of the requirements outlined below:
They make material contribution to the UK electricity or gas markets and can demonstrate that they are likely exposed to large margin calls;
They are heavily inter-connected and the loss of activity would have a significant impact on markets or other energy firms.
Eligibility will be assessed by the Bank of England and an Advisory Committee convened by HMT, who will make a recommendation for the Chancellor to make a decision to approve or reject each application.
Eligible firms who wish to apply for a guarantee will be required to comply with a set of policy conditions, such as restrictions on executive pay and capital distributions. For the full list of conditions, please refer to the market notice.
Financial institutions, state owned enterprises or commodity trading houses are not eligible for this scheme. State owned enterprises should seek to access alternative support from their relevant governments before approaching the Government.
Application process
Firms can apply to the scheme for the next three months. Each loan facility agreement will last up to 12 months and will begin from when the guarantee is issued by the commercial lender.
Applications will be assessed initially by the Bank of England, and then by Advisory Committee, who will make a recommendation for the Chancellor to decide whether to approve or reject an application.
![PRESS RELEASE : £6.4 million boost for employers to support disabled people [October 2022]](https://www.ukpol.co.uk/wp-content/uploads/2022/08/dwp-150x150.png)
The press release issued by the Department for Work and Pensions on 17 October 2022.
Thousands of businesses across the UK will benefit from a new £6.4 million online service to help employers better support disabled people and those with health conditions in the workplace.
The early test version of the Support with Employee Health and Disability service provides essential information about supporting and managing employees with disabilities or health conditions at work.
Any employer can access the service, which provides free advice on how to manage staff who may be in or out of work with a disability or long-term health condition in a user-friendly online Q&A format.
The service is aimed at smaller businesses, many of which do not have in-house HR support or access to an occupational health service and will help them to build more diverse and inclusive workforces.
The new service also covers potential changes an employer could make to help them return to and stay in work, supporting a government drive to boost numbers of people in employment and ensuring everyone has the opportunity to benefit from being in work.
Minister for Disabled People, Health and Work, Claire Coutinho said:
Since 2017 we have seen one million more disabled people in work, beating our target by five years. Now we want to go even further by giving more employers the tools and information they need to ensure disabled people and those with health conditions can succeed in the workplace.
As the new Minister for Disabled People, Health and Work, there is no end to my ambition to build on the success of the Department by making sure disabled people have the same opportunities as everyone else to start, stay and succeed in work.
The site is currently in test mode, with businesses and disability groups invited to have their say through a short online survey, to help shape the future of the service.
The site will be constantly updated and improved over the next three years, informed by feedback given from the survey
The service has been designed to give employers easy access to the advice they need to create the best environments for their staff with disabilities or long-term health issues, so that anyone from any background can start, stay and succeed in work.
Once fully developed, the service will also help employers understand their legal obligations, including how to make adjustments for disabled people and those with health conditions.
Over the next three years, the government will invest £1.3 billion in employment support for disabled people and people with health conditions. This money will go towards building up existing provision, including expanding employment support, to grow the economy and help people with the cost of living.
The press release issued by the Treasury on 17 October 2022.
The Chancellor will make a statement later today, bringing forward measures from the Medium-Term Fiscal Plan that will support fiscal sustainability.
He will also make a statement in the House of Commons this afternoon.
This follows the Prime Minister’s statement on Friday, and further conversations between the Prime Minister and the Chancellor over the weekend, to ensure sustainable public finances underpin economic growth.
The Chancellor will then deliver the full Medium-Term Fiscal Plan to be published alongside a forecast from the independent Office for Budget Responsibility on 31 October.
The Chancellor met with the Governor of the Bank of England and the Head of the Debt Management Office last night to brief them on these plans.
The press release issued by the Treasury on 17 October 2022.
The Chancellor of The Exchequer Jeremy Hunt has today, Monday 17 October, brought forward a number of measures from 31 October’s Medium-Term Fiscal Plan.
Following conversations with the Prime Minister, the Chancellor has taken these decisions to ensure the UK’s economic stability and to provide confidence in the government’s commitment to fiscal discipline. The Chancellor made clear in his statement that the UK’s public finances must be on a sustainable path into the medium term.
Today’s announcement represents another down payment following the reversal of the corporation tax cut announced on Friday 14 October by the Prime Minister. The Chancellor will publish the government’s fiscal rules alongside an OBR forecast, and further measures, on 31 October.
In his statement the Chancellor announced a reversal of almost all of the tax measures set out in the Growth Plan that have not been legislated for in parliament. The following tax policies will no longer be taken forward:
This follows on from the previously announced decisions not to proceed with the Growth Plan proposals to remove the additional rate of income tax and to cancel the planned increase in the corporation tax rate.
Taken together, these changes are estimated to be worth around £32 billion a year.
The government’s reversal of the National Insurance increase and the Health and Social Care Levy, and the cuts to Stamp Duty Land Tax, will remain benefitting millions of people and businesses. The £1 million Annual Investment Allowance, the Seed Enterprise Investment Scheme and the Company Share Options Plan will also continue to further support business investment.
The government has announced unprecedented support within its Growth Plan to protect households and businesses from high energy prices. The Energy Price Guarantee and the Energy Bill Relief Scheme are supporting millions of households and businesses with rising energy costs, and the Chancellor made clear they will continue to do so from now until April next year.
However, looking beyond April, the Prime Minister and the Chancellor have agreed that it would be irresponsible for the government to continue exposing the public finances to unlimited volatility in international gas prices. A Treasury-led review will therefore be launched to consider how to support households and businesses with energy bills after April 2023. The objective of the review is to design a new approach that will cost the taxpayer significantly less than planned whilst ensuring enough support for those in need. The Chancellor also said in his statement that any support for businesses will be targeted to those most affected, and that the new approach will better incentivise energy efficiency.
The government is prepared to act decisively and at scale to regain the country’s confidence and trust. The Chancellor stated in his speech that there will be more difficult decisions to take on both tax and spending. This means doing what is needed to lower debt in the medium term and to ensure that taxpayers’ money is well spent, putting public finances on a sustainable footing.
In light of this, government departments will be asked to find efficiencies within their budgets. The Chancellor is expected to announce further changes to fiscal policy on 31 October to put the public finances on a sustainable footing.