The China Mail - UK's Labour looks to be more cheerful despite gifts and welfare row

USD -
AED 3.673042
AFN 65.000368
ALL 81.503989
AMD 360.340403
ANG 1.789785
AOA 918.000367
ARS 1544.046724
AUD 1.454757
AWG 1.8
AZN 1.70397
BAM 1.75029
BBD 2.013844
BDT 124.537437
BGN 1.747831
BHD 0.37735
BIF 3010
BMD 1
BND 1.281347
BOB 11.99429
BRL 5.504904
BSD 0.999897
BTN 93.858629
BWP 13.774679
BYN 2.994523
BYR 19600
BZD 2.011053
CAD 1.41135
CDF 2320.000362
CHF 0.820469
CLF 0.02484
CLP 977.630396
CNY 6.676504
CNH 6.67282
COP 3251.53
CRC 453.465426
CUC 1
CUP 23.998962
CVE 99.403894
CZK 21.83445
DJF 177.720393
DKK 6.708504
DOP 60.750393
DZD 136.38704
EGP 53.769786
ERN 15
ETB 161.203874
EUR 0.896804
FJD 2.25525
FKP 0.741654
GBP 0.748671
GEL 2.59504
GGP 0.741654
GHS 11.68504
GIP 0.741654
GMD 74.503851
GNF 8857.503848
GTQ 7.64085
GYD 209.627114
HKD 7.84215
HNL 27.07504
HRK 6.76901
HTG 131.052321
HUF 326.000354
IDR 18108.5
ILS 3.18593
IMP 0.741654
INR 94.04725
IQD 1514
IRR 1891353.000352
ISK 122.790386
JEP 0.741654
JMD 158.687685
JOD 0.70904
JPY 158.50504
KES 129.950385
KGS 87.447804
KHR 4080.00035
KMF 442.00035
KPW 899.999961
KRW 1363.803789
KWD 0.31098
KYD 0.833408
KZT 448.201333
LAK 22505.000349
LBP 89550.000349
LKR 332.502562
LRD 170.303772
LSL 16.560381
LTL 2.95274
LVL 0.60489
LYD 6.430381
MAD 9.757504
MDL 17.8737
MGA 4595.000347
MKD 55.203803
MMK 2099.952938
MNT 3601.972253
MOP 8.072028
MRU 40.250379
MUR 47.030378
MVR 15.403739
MWK 1737.000345
MXN 18.62534
MYR 4.061504
MZN 63.903729
NAD 16.560377
NGN 1347.210377
NIO 36.610377
NOK 9.459904
NPR 150.173627
NZD 1.803102
OMR 0.384144
PAB 0.999964
PEN 3.442504
PGK 4.492039
PHP 63.108038
PKR 276.625038
PLN 3.94555
PYG 6249.384815
QAR 3.643038
RON 4.792204
RSD 105.586038
RUB 81.925564
RWF 1475
SAR 3.754695
SBD 8.048583
SCR 14.018084
SDG 601.503676
SEK 9.894504
SGD 1.282604
SHP 0.748923
SLE 22.950371
SLL 20969.504398
SOS 571.503662
SRD 37.583504
STD 20697.981008
STN 22.275
SVC 8.748764
SYP 13001.999685
SZL 16.560369
THB 33.550369
TJS 9.224126
TMT 3.5
TND 2.985504
TOP 2.40776
TRY 50.141304
TTD 6.780829
TWD 32.775304
TZS 2642.503628
UAH 45.297
UGX 4089.81484
UYU 40.226773
UZS 12000.000334
VES 896.316404
VND 25582.5
VUV 119.513361
WST 2.778515
XAF 588.264929
XAG 0.019249
XAU 0.00024594347
XCD 2.70255
XCG 1.801976
XDR 0.707052
XOF 588.264929
XPF 107.450363
YER 236.625037
ZAR 16.51847
ZMK 9001.203584
ZMW 20.318702
ZWL 321.999592
SSP 5745.196153
MXV 2.095424
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

UK's Labour looks to be more cheerful despite gifts and welfare row
UK's Labour looks to be more cheerful despite gifts and welfare row / Photo: © AFP

UK's Labour looks to be more cheerful despite gifts and welfare row

Britain's governing Labour party on Monday sought to strike a more upbeat note about the country's future but against a furious backlash from unions at proposed cuts to welfare payments and a row over top ministers receiving gifts.

Text size:

Finance minister Rachel Reeves addresses the centre-left party's annual conference in a keynote speech from 1100 GMT, as ministers try to prevent the row over "freebies" from escalating.

The conference should have been an opportunity for Labour to toast its landslide July general election victory over the Conservatives after 14 years out of power.

But in recent days been Prime Minister Keir Starmer and his top team have been forced to fend off accusations of hypocrisy for accepting expensive gifts at the same time as asking ordinary people to tighten their belts.

All of the gifts have been declared and none falls foul of the parliamentary rules.

But the record shows that Starmer accepted more than £100,000 ($132,000) in gifts and hospitality since December 2019 -- more than any other lawmaker.

It also emerged that Deputy Prime Minister Angela Rayner accepted the loan of a New York apartment for a holiday.

Education Minister Bridget Phillipson also admitted receiving a £14,000 donation to fund a 40th birthday event and another reception.

Since Friday it has also emerged that Reeves, who has angered trade unions and her fellow Labour MPs by announcing plans to axe a winter fuel payment for many pensioners, accepted some £7,500 in clothing.

Reeves has defended the abolition of the £300 payment to 10 million pensioners to help them heat their homes due to what Labour says is a "£22 billion black hole" left by the Conservatives.

Motions have been proposed at the conference calling for the cut to be abandoned. Sharon Graham, general-secretary of the Unite trade union, called it "cruel" and urged a U-turn.

Trade minister Douglas Alexander conceded stories about free gifts were "not the headlines we would have chosen" for its first party conference since winning power.

- Reasons to be cheerful? -

Reeves' speech, which comes a little over a month before Labour's first detailed budget, will be closely watched given her talk of difficult decisions that has been seen as a warning of possible tax hikes and spending cuts.

UK state debt in August reached a landmark high of 100 percent of the country's gross domestic product -- its total annual output -- a level unmatched since the early 1960s.

Starmer previously warned Britons that the budget announcement on October 30 would be "painful".

But Reeves on Monday attempted to inject a note of optimism following criticism from commentators that she and Starmer have been too gloomy.

Pledging that there would be no "austerity under Labour" she insisted there would be "growth in public spending", adding that there were "loads of reasons to be optimistic".

In her speech she is expected to vow a "budget that will rebuild Britain and deliver the change Labour promised", with economic growth as the government's "number one mission".

Reeves is also expected to announce the appointment of a new Covid corruption commissioner next month to try to claw back billions of pounds in taxpayers' money wasted on contracts during the global health emergency.

The Conservatives under Boris Johnson have been heavily criticised for how it awarded contracts to supply for protective clothing and other equipment during the pandemic.

This saw "billions of pounds of public money handed out to friends and donors of the Conservative Party. Billions more defrauded from the taxpayer", Reeves is expected to tell the conference.

H.Ng--ThChM