George Osborne Warns Of Tax Increases

Here is the latest Political News from the UKs Sky News.

George Osborne Warns Of Tax Increases
The Chancellor says the UK will have to live “within its means” as he says fiscal predictions are being “borne out by events”.

Brexit Brings Business Opportunities And Risk
The Business Secretary is expected to tell trade and industry leaders that there will be opportunities as well as risk from Brexit

EU Warned Against Punishing UK For Brexit
Far-right leader Geert Wilders – who wants a “Nexit” referendum in the Netherlands – says europhiles should not take revenge.

No Confidence Vote Awaits Under-Fire Corbyn
Labour’s civil war rumbles on, with MPs and party members at odds over who should lead the party through the Brexit crisis.

Cameron Faces Brexit Meeting With EU Leaders
As the PM attends what may be his last Brussels summit, the field of possible candidates to replace him is getting clearer.

Jeremy Hunt Considering Tory Leadership Bid
The Health Secretary’s move comes after Chancellor George Osborne ruled himself out of the Conservative leadership race.

Corbyn ‘Not Going Anywhere’ After MPs Meeting
Labour’s leader appears in front of supporters outside Parliament after a meeting in which none of his MPs spoke in his defence.

Crabb And Javid Aim For Tory Party Top Jobs
The Work and Pensions Secretary is sounding out colleagues about a push to become Prime Minister with Javid as his Chancellor.

UK Stripped Of Top Credit Rating After Brexit
Standard and Poor’s says the referendum vote is a ‘seminal event’, which will lead to a less stable policy framework in the UK.

Cameron: No Article 50 ‘At This Stage’
The Prime Minister tells Parliament he will make sure European leaders know the decision is “for Britain … alone, to take.”

Pound Reaches New Low On Brexit Fears
The pound has reached a 31-year low, falling by more than 3% on top of the 10% plunge seen after Thursday’s referendum.

Tory Committee Wants Urgent Leader Nominations
A leadership timetable is recommended by the party’s 1922 committee after the PM faces ministers who engineered the Brexit defeat.

Jeremy Corbyn’s Top Team – As It Stands
The Labour party has announced a series of changes to the shadow cabinet after multiple resignations following the UK’s vote to leave the EU.

Corbyn Under Fire: More Labour Resignations
Three more shadow cabinet members have announced resignations, heaping even more pressure on Jeremy Corbyn as Labour leader.

George Osborne: I’m Focused On The Task In Hand
The Chancellor warns “it will not be plain sailing”, but asserts the UK is “equipped for whatever happens”.

Boris Sets Out Vision For Britain After Brexit
The favourite to be the next PM insists the UK can access the single market while introducing a points-based immigration system.

Can Corbyn Survive Labour Leadership Crisis?
A string of frontbench resignations and a threatened no confidence vote puts the party leader in the fight of his political life.

Osborne Moves To Calm Brexit Financial Turmoil
The Chancellor will speak before markets open amid fears the pound could plunge further and push the UK toward recession.

Corbyn Tells Labour Rebels: Put Up Or Shut Up
Jeremy Corbyn has said he will not step down as Labour leader, adding he will not “betray the trust” of those who elected him.

Brexit Vote Triggers Political Meltdown
The forces unleashed by the vote to leave the EU will convulse politics for the foreseeable future, writes Sky’s Tamara Cohen.

Holyrood Could Block UK Leaving EU – Sturgeon
The SNP leader says any English anger at such a move would be matched by Scots faced with leaving the EU “against our will”.

Backtrack On ‘Give NHS £350m EU Money’ Promise
Iain Duncan Smith says Leave never promised they would give the NHS £350m of funds previously allocated to the European Union.

Second Referendum Petition Was Set Up By Outer
The petition signed by three million was set up by a Brexiteer who thought his side would lose.

Benefits To Blame For Brexit: Dutch Minister
The Dutch foreign minister tells Sky News the demise of David Cameron was in part caused by Britain’s generous benefits system.

Fox Considers Run Against Boris To Be Next PM
Senior Tories are beginning to position themselves as the best choice for preventing Boris Johnson from becoming the next leader.

Lib Dems Make EU Return An Election Pledge
Tim Farron warns Vote Leave’s promises on the NHS will not be delivered, and says voters should get a chance to rethink Brexit.

Corbyn Sacks Hilary Benn Over Leadership Coup
The shadow foreign secretary is fired over the phone following reports he approached MPs about making a move against the leader.

Justine Greening Comes Out On Day Of Pride
The Cabinet Minister says it a “good day” to make the announcement as thousands take part in the pride parade in London.

Regions Demand UK Govt Matches Lost EU Funds
Cornwall and some towns in Yorkshire want guarantees they will not miss out on cash they were due to receive from the bloc.

Will Brexiteers Deliver On Campaign Pledges?
Expectations are high after the EU vote, but there is already a hint of rowing back by the Leave camp on immigration and the NHS.

Labour MP Urges Commons Vote To Block Brexit
Tottenham MP David Lammy calls for a vote in the Commons next week “to decide whether we should go forward with Brexit”.

UK Must Trigger Article 50 Urgently – EU Ministers
The foreign minister says it is a “matter of respect” that the UK does not “play cat and mouse” with the rest of Europe.

Does A Leave Vote Definitely Mean A Brexit?
Sky’s Diplomatic Editor says the EU is showing no sign of wanting to wait and play a tactical game to keep Britain in.

Sturgeon: Indyref 2 Option Very Much On Table