Afternoon summary
Kwasi Kwarteng, the chancellor, is reportedly planning to scrap caps on bankers’ bonuses in a controversially timed move to attract more talent to the City of London.
Kwarteng will deliver his emergency mini-budget to bring in winter tax cuts for millions of people and set out more detail on energy support next Friday, sources have confirmed.
The UK has made a unilateral decision to continue suspending border checks on farm produce and other goods entering Northern Ireland from Great Britain, a move likely to antagonise the EU but not provoke further action.
Updated
Commons sits longer than most other parliaments, says Speaker
In an interview with Times Radio Sir Lindsay Hoyle said he expects the Commons to be sitting next week and the three-week recess scheduled to cover the party conference period to be shortened. Responding to claims that the Commons was spending too much time in recess, he also said it sat for longer than most other parliaments.
He said:
What I would say on holidays is that we do sit more than most parliaments. I think there’s only one parliament in the world that sits longer than the House of Commons. We do sit a lot of weeks.
