Afternoon summary
The Bank of England has increased the cost of borrowing by 0.75 percentage points to 3%, despite predicting that higher interest rates would push the economy into the longest recession since the 1930s.
Lawyers on behalf of charity Detention Action are threatening legal action against Suella Braverman, the home secretary, over conditions at the Manston migrant holding centre in Kent. (See 4.35pm.)
The Labour leader, Keir Starmer, is under pressure from campaigners, unions and his own MPs to set out plans for “wealth taxes” on the richest in society in order to support public services and help the poorest through the cost of living crisis.
The UK has agreed to open negotiations with Mauritius over the future handover of the Chagos Islands, in a major reversal of policy after years of resistance and legal defeats in international courts.
Ministers may order a public inquiry into mental health care and patient deaths across England because of the number of scandals that are emerging involving poor treatment.
The BBC has found that an episode of its newspaper review programme broadcast on the night Boris Johnson pulled out of the most recent Conservative leadership contest failed to meet its editorial standards on impartiality.
The Conservative MP Andrew Bridgen faces suspension from the House of Commons and has been asked to apologise after a cross-party committee found that he repeatedly breached rules on paid lobbying and declaring interests.
Updated
The foreign ministry in Paraguay has issued a statement through Twitter saying the Daily Express story claiming it is negotiating a Rwanda-style deal with the UK to take asylum seekers (see 12.30pm) is not true.
El @mreparaguay aclara, con respecto a la información difundida por medios de comunicación británicos sobre supuesto plan de deportar inmigrantes ilegales al Paraguay, que:
— Ministerio de Relaciones Exteriores (@mreparaguay) November 3, 2022
1. El Gobierno británico expuso la situación a gobiernos de muchos países. pic.twitter.com/6lPIYuNfSo
2. Paraguay nunca ha negociado una cuestión tan sensible, como es la migratoria, con Gran Bretaña, a pesar de tener una política aperturista en esta materia.
— Ministerio de Relaciones Exteriores (@mreparaguay) November 3, 2022
3. La información difundida por medios británicos no se ajusta a la verdad en lo que respecta al Paraguay.
The Peruvian embassy in the UK has said that Peru is not negotiating such a deal either. The Express said it was a possible candidate for such an agreement.
In relation to the news reported in the British press, that Peru would be in negotiations to receive immigrants from the United Kingdom, the Embassy of Peru wishes to inform public opinion that this news is unsubstantiated.
— Embassy of Peru in the UK (@PeruInUK) November 3, 2022
1/2@CancilleriaPeru
Peru renews its commitment to the international Treaties on Human Rights and respect for immigrants in all its dimensions.
— Embassy of Peru in the UK (@PeruInUK) November 3, 2022
2/2@CancilleriaPeru https://t.co/E73g9vI2sd
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