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Budget 2024: Key Highlights from Chancellor Rachel Reeves's Address

These are the principal points from Labour's inaugural budget in over a decade.

By Lara Keay, news correspondent, and Sarah Taaffe-Maguire, commercial journalist

Wednesday, October 30, 2024, 9:

Chancellor Rachel Reeves has officially presented the 2024 budget. Below are the main highlights:

Stay updated with real-time budget

• The financial plan will increase tax revenue by £40 billion.

• From April 2025, the national insurance contributions required from employers will rise by 1.2 percentage points, reaching a total of 15%.

The threshold for when employers are required to begin paying National Insurance will decrease from £9,100 annually to £5,000 annually, generating an additional £25 billion each year.

• The reduced capital gains tax (CGT) rate for asset sales will rise from 10% to 18%. The elevated rate will jump from 18% to 24%. Additionally, CGT on residential property sales will see an increase from 18% to 24%.

• In the coming years, the limits for income tax brackets are set to increase. Previously, these thresholds were held constant, but starting in 2028, they will adjust annually in line with inflation.

• The suspension of changes to inheritance tax thresholds is set to extend an additional two years, through to 2030. As such, estates valued up to £325,000 will remain exempt from inheritance tax. This exemption can increase to £500,000 when the estate is transferred to direct descendants, and up to £1 million if it goes to a surviving spouse or civil partner.

Starting tomorrow, the additional stamp duty levy applied to purchases of second homes will rise by two percentage points, reaching 5%.

• A funding boost of £240 million will be directed towards health and employment services for individuals with disabilities and those experiencing long-term illnesses.

• Starting next year, the minimum wage for individuals aged 21 and older will increase by 6.7%, reaching £12.21 per hour. This adjustment translates to an additional annual income of £1,400 for full-time employees. Meanwhile, those aged 18 to 20 will experience a 16.3% hike in their minimum wage, bringing it up to £10 per hour.

• Individuals can now receive carers allowance even if they earn over £10,000 annually (equivalent to 16 hours of work per week), providing an additional £81.90 each week to those who qualify under the new threshold.

• A revised repayment scheme for Universal Credit will reduce the monthly deduction for accidental overpayments from 25% to 15%, providing an annual saving of approximately £420 for about 1.2 million of the least affluent households.

• The cap on contributions to an Individual Savings Account (ISA) will remain set at £20,000 through 2030.

• An allocation of £1 billion will be directed to the household support fund to assist individuals facing financial difficulties in covering essential expenses.

• The rise in the employment allowance from £5,000 to £10,000 ensures that 65,000 businesses will be exempt from paying any national insurance next year. Additionally, over a million businesses will see their national insurance contributions remain the same or decrease.

• The discount on business rates for companies in the retail, leisure, and hospitality sectors will decrease from the existing 75% to 45%.

• Daily funding for the NHS will rise by £22.6 billion. An additional £3.1 billion will also be allocated for enhancing infrastructure and medical equipment.

• This initiative will enable an additional 40,000 hospital visits and procedures each week, with £1.5 billion allocated for new hospital beds.

• The local government is set to obtain a minimum of £600 million in funding dedicated to social care.

• A £5 billion funding allocation for housing will expand the affordable homes initiative to a total of £3.1 billion.

Moreover, £1 billion is allocated for the elimination of hazardous cladding, following the recommendations from the Grenfell investigation.

• The discount for individuals purchasing their council homes under the 'right-to-buy' scheme will be reduced, and local authorities will have the ability to retain all proceeds from these sales.

• The suspension of the fuel tax will continue through this year and into the next, including the preservation of the current 5p reduction.

• A reduction in the tax on draught alcohol by 1.7%, potentially lowering the cost of draught beverages in pubs by 1p per drink.

• Tobacco taxes are set to increase by the rate of inflation plus an extra 2%. Additionally, there will be a further 10% increase on rolling tobacco.

Starting October 2026, a uniform tax of £2.20 will be applied to every 10ml of vaping liquid.

• Starting January 2025, private school tuition will be subject to VAT, and the exemption of schools from business rates will cease in April 2025.

Around 500 outdated state schools deemed unsuitable will undergo reconstruction, with an allocation of £1.4 billion for the project. Additionally, there will be an annual provision of £300 million specifically for school upkeep, which includes addressing issues related to reinforced aerated autoclaved concrete (RAAC).

• Funding for complimentary school breakfast programs is set to increase threefold, reaching £30 million in the years 2025 and 2026. Additionally, the primary financial allocation for schools will see an enhancement of £2.3 billion.

The government plans to allocate £300 million to enhance further education, along with an additional £1 billion to support children with special educational needs (SEN).

• The HS2 train service to Birmingham will have its terminus at London Euston, after rumors that it would conclude at Old Oak Common in West London.

• The tax on private jet travel will increase by 50%, amounting to an additional £450 per passenger.

• The tax on earnings for oil and gas corporations will rise to 38% and remain in effect until March 2030.

• Next year's defense budget will drop below the promised 2.5% of GDP, despite a rise of £2.9 billion.

• An annual allocation of £3 billion will be dedicated to Ukraine for the duration necessary to conclude the conflict.

• By the 2027-2028 fiscal year, the government's budget is projected to show a surplus instead of a deficit. Officials state this indicates achieving financial stability two years ahead of schedule.

• According to forecasts from the Office for Budget Responsibility (OBR), the UK's economic expansion is estimated at 1.1% for 2024, followed by 2% in 2025, 1.85% in 2026, and maintaining a steady growth rate of 1.5% in both 2027 and 2028, with a slight increase to 1.6% in 2029.

• According to the Office for Budget Responsibility, it is forecasted that the net borrowing of the public sector will amount to £105.6 billion in the fiscal year 2025-26, decreasing to £88.5 billion in 2026-27, £72.2 billion in 2027-28, £71.9 billion in 2028-29, and further down to £70.6 billion by 2029-30.

• The Office for Budget Responsibility forecasts that the consumer price index (CPI), a gauge of inflation, will reach 2.5% this year. It is anticipated to slightly increase to 2.6% next year, then gradually decrease to 2.3% by 2026, and stabilize at around 2.1% in 2027 and 2028, ultimately aligning with the Treasury's target of 2% by 2029. In efforts to manage this inflation trajectory, the Bank of England has implemented higher interest rates aiming for a steady 2% inflation rate.

• Soft drink prices are set to climb as they adjust for inflation, accompanied by a hike in the beverage tax. This adjustment is expected to generate close to £1 billion annually.

• Every governmental agency is required to cut their budget allocations by 2% for the upcoming year. This reduction will be realized through enhanced technological utilization and the integration of services throughout the government.

• Funding allocated for settlements in the contaminated blood affair is projected at £11.8 billion, while the Post Office Horizon issue will see a total of £1.8 billion.

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Balancing Profit and Principles: Jozef Síkela’s Vision for EU’s Global Gateway and Development Policy

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Examination of Commissioner Nominee Jozef Síkela

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On Wednesday, the Development Committee conducted an inquiry with Jozef Síkela, the nominee from the Czech Republic, regarding his suitability for the International Partnerships position.

Worldwide Access Point

In his opening remarks, Jozef Síkela, who has been nominated as the Commissioner for International Partnerships, expressed that his strategy for the EU's Global Gateway project would involve striking a balance between financial gain and ethical standards. He emphasized that the EU should utilize public-private collaborations, minimize investment risks, and draw in private funding to stimulate investments and address the shortfall in development aid.

Mr. Síkela emphasized that the European Union's development strategy ought to concentrate on addressing the fundamental reasons behind irregular migration, preventing conflicts, and promoting sound governance. Additionally, attention should be directed towards the Least Developed Countries, enhancing ties with Africa, and aligning with the goals of the EU’s Green Deal. He further mentioned that the EU needs to adopt a more proactive stance in its partnerships with other countries, particularly in light of the increasing competition from more assertive rivals in areas such as Africa.

The European Union's goals include eliminating poverty.

Members of the European Parliament concentrated their inquiries on the strategies of the Commissioner-designate regarding the Global Gateway. They questioned how he plans to promote the initiative to favor the EU's economic interests and addressed a potential conflict in its dual goals of expanding market access for the EU and alleviating poverty. Mr. Síkela responded by stating that he did not see any conflict, emphasizing the importance of engaging the private sector to foster sustainable economic development in partner nations.

Education and the alleviation of debt

Addressing the concerns raised by Members of the European Parliament regarding transparency and accountability in the European Union's development aid—covering areas such as expenditures, parliamentary oversight, and human rights issues—Mr. Síkela emphasized that ensuring the effective use of aid funds will be one of his main priorities.

Addressing concerns among Members of the European Parliament about the EU's diminishing emphasis on the Sustainable Development Goals (SDGs), Mr. Síkela emphasized the crucial role of private investment in achieving many of these objectives. He also pledged to uphold the EU's goal of allocating 10% of its aid budget to education and to explore possibilities for debt relief for partner nations, contingent upon consultations with allied donor countries.

Some Members of the European Parliament brought up the idea of leveraging development policy to tackle migration issues. They suggested tying aid to the condition of migrants returning to their home countries. In response, Mr. Síkela stated that he would adopt a "whole-of-route approach" while ensuring adherence to EU principles.

View the complete video of the hearing.

Media briefing

Following the hearing, Barry Andrews, the Chair of the Development Committee from the Renew Europe group in Ireland, addressed the press outside the meeting area.

Following actions

The chairperson and leaders of the political groups will promptly convene to evaluate the abilities and credentials of the nominated Commissioner.

Following the suggestions from the committee, the Conference of Presidents, which includes EP President Metsola and the leaders of the political groups, plans to carry out the concluding assessment and officially end the hearings on November 21. After the Conference of Presidents concludes all the hearings, the assessment letters will be made available to the public.

Members of the European Parliament are set to vote on approving the entire group of Commissioners during a roll-call vote. This event is planned to occur at the plenary session in Strasbourg from November 25th to 28th.

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Costas Kadis Faces Fisheries Committee Scrutiny: Balancing Profitability, Sustainability, and Ocean Protection

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Session for Commissioner-nominee Costas Kadis

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On Wednesday, the Fisheries Committee conducted an inquiry into Costas Kadis, the nominee from Cyprus, who is up for the role overseeing Fisheries and Oceans.

Securing financial gain, advancing marine-based economic activities, and safeguarding oceanic environments

During his opening remarks, Mr. Kadis emphasized the importance of achieving sustainability, competitiveness, and resilience in the fisheries and aquaculture industries. He also highlighted the promotion of the blue economy and the necessity of safeguarding oceanic environments.

To address the issue, the appointed Commissioner plans to base decisions on the findings from the current review of the Common Fisheries Policy (CFP). This review is a thorough examination of existing laws, incorporating extensive input from various stakeholders. The conclusions, anticipated by late 2025, will be deliberated with Parliament. During a session with Members of the European Parliament (MEPs), Mr. Kadis mentioned that modifications to legislation could be considered, contingent on this analysis and the developments within the EU's fishing fleet.

When questioned regarding the regulations on landing obligations, the nominee for Commissioner emphasized the necessity of tackling the issue of discards. He also underscored the significance of having thorough and high-quality data. He pointed out that discarding fish does not enhance profitability or contribute to the sustainability of maritime practices.

Recognizing the distinctions between large and small fisheries and the notable differences among various fishing regions, Mr. Kadis pledged to deliver a plan for transitioning to sustainable energy in the fisheries and aquaculture sectors, aiming for completion by 2050, by the close of 2025. He also highlighted the importance of the social aspect of the fishing industry and vowed to aid communities along the coast.

Mr. Kadis highlighted various other obstacles, including outdated boats, shortages in skilled workers and labor, gender disparities within the industry, the absence of new generations entering the field, and the necessity to cut bureaucratic procedures. He mentioned that these concerns would be central to the European Oceans Pact, a strategic plan that the Commissioner-designate intends to introduce in June 2025.

The Baltic Sea, the impact of Brexit, and connections with non-EU

In response to Members of the European Parliament, the Commissioner-designate advocated for a comprehensive strategy to address the deterioration of the Baltic Sea. This approach includes involvement from all relevant scientific and environmental parties. Concerning the upcoming 2026 discussions on fishing quotas with the United Kingdom, Mr. Kadis promised to ensure that EU fishing boats would continue to have access to their traditional fishing zones.

The individual nominated for the position of Commissioner is set to address the issue of fishing products that are either illegal or not regulated. Additionally, they will work to improve the European Union's self-sufficiency in food production. Furthermore, the Commissioner will make sure that agreements for sustainable fisheries partnerships create fair competition, encouraging other nations to adopt the higher standards practiced within the

Safeguarding the diversity of life and the advantages

When asked questions, the Commissioner-designate committed to advocating for solutions grounded in scientific research to tackle the challenges facing the sector. He also assured that he would consider the views of all stakeholders, placing particular importance on local communities. He underscored the significance of the ocean as a carbon sink and stressed the importance of preserving biodiversity for both ecological sustainability and economic gain. Mr. Kadis pointed out that protected areas are crucial in this effort, noting that they also boost fishing income.

The entire hearing is available for viewing as a video recording.

Media briefing

Following the conclusion of the hearing, Carmen Crespo Díaz, the Chair of the Fisheries Committee and member of the European People's Party from Spain, addressed reporters outside the meeting venue.

Upcoming Actions

Following the hearing, the Chair of the committee and the coordinators from various political factions will convene to evaluate the Commissioner-designate's performance and qualifications.

According to the committee's suggestions, the Conference of Presidents, which includes EP President Metsola and the leaders of political groups, is scheduled to carry out the concluding assessment and officially close the hearings on November 21. After the hearings are declared closed by the Conference of Presidents, the evaluation letters will be made public.

Members of the European Parliament are set to vote on the entire group of Commissioners, requiring a majority of the votes through a roll-call process. This vote is planned for the plenary session in Strasbourg, which is scheduled between November 25 and 28.

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Jessika Roswall Faces EU Scrutiny: A Vision for a Sustainable Future through Circular Economy and Water Resilience

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Jessika Roswall, who has been nominated for the role involving Environment, Water Resilience, and Competitive Circular Economy, was interrogated by the Environment, Public Health, and Food Safety Committee during a hearing.

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During her introductory speech, Jessika Roswall of Sweden presented her strategy as the nominee for Commissioner. She emphasized her dedication to maintaining steady progress on EU environmental laws, with a strong focus on executing and upholding the European Green Deal.

The circular economy, achieving zero pollution, and strengthening water resilience

Jessika Roswall pledged to introduce a circular economy initiative that will feature strategies to boost the single market for waste and recycled materials, while also guaranteeing environmentally friendly and sustainable production within the European Union.

She further declared plans to update the EU's chemicals regulations known as REACH, with a fresh set of proposals for the chemicals industry expected in 2025. Part of this initiative includes tackling PFAS, referred to as "forever chemicals," aiming to minimize their impact on people and the environment. This would involve prohibiting their use in consumer goods.

One of Ms. Roswall's main focuses will be developing a fresh EU approach to water resilience. The upcoming initiatives are designed to ensure access to clean water for everyone, address water shortages with a particular focus on agriculture, boost the competitiveness of the EU's water sector, and mitigate the effects of climate change. Additionally, she committed to revising the EU's bioeconomy strategy and advocating for EU funding dedicated to environmental priorities in the forthcoming multiannual financial framework (MFF).

Members of the European Parliament interrogated the Swedish nominee regarding her strategies for sustainable resource management, the enforcement of EU packaging regulations, and the REACH update in relation to public health. They also inquired about her stance on the zero-pollution initiative, the forestry industry, and the climate adaptation strategies she would endorse to counter the rise in extreme weather occurrences.

Members of the European Parliament at the meeting discussed several key issues, including the potential launch of nature credits, the complete and prompt enforcement of legislation related to nature—particularly those concerning the restoration of natural habitats and the prevention of deforestation—and the need to decrease agriculture's environmental footprint.

The complete hearing is available to view in a video recording at this link.

Media briefing

Following the conclusion of the hearing, Antonio Decaro, who serves as the Chair of the Environment, Public Health, and Food Safety Committee and is a member of the S&D party from Italy, addressed the media outside the meeting room. You can view the press briefing here.

Future actions

On Tuesday evening, the chair and coordinators from the political group will convene to evaluate the qualifications and performance of the individual nominated for Commissioner.

According to suggestions from the committee, the Conference of Presidents—which includes EP President Metsola and the leaders of political groups—is expected to finalize the assessment and officially conclude the hearings on November 21. After this declaration, the letters evaluating the hearings will be made public.

Members of the European Parliament are set to vote on the entire group of Commissioners, requiring a majority through a roll-call vote, during the plenary session planned for November 25-28 in Strasbourg.

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Magnus Brunner’s Vision for EU Security and Migration: A Comprehensive Strategy for 2025

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Hearing for the Nominee Commissioner Magnus Brunner

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On Tuesday evening, the Committee on Civil Liberties, Justice, and Home Affairs conducted an interview with Magnus Brunner, the Austrian candidate for the Home Affairs and Migration portfolio.

In seiner Eröffnungsansprache hob der künftige EU-Kommissar Magnus Brunner hervor, dass die Gefahren für die Sicherheit immer komplexer und globaler werden. Um Europa zu schützen und seine Werte zu bewahren, schlug er drei Hauptprinzipien vor: bessere Vorsorge und strategische Planung, umfassende und ausgewogene Ansätze sowie enge internationale Zusammenarbeit.

Addressing the primary concerns of lawmakers regarding internal security and border control, Brunner committed to presenting a comprehensive internal security strategy in the first half of 2025. He also pledged to expand Europol's mandate and enhance the port alliance to combat transnational organized crime.

Managing Migration

Brunner emphasized that migration should be managed with fair yet strict regulations, working closely with transit and origin countries as part of a "whole-route concept." He also stressed that human rights are non-negotiable. A key aspect of his new role is to ensure the swift and complete implementation of the migration and asylum package, maintaining a balance between solidarity and responsibility. When asked by lawmakers about potential infringement procedures if deadlines are not met, Brunner stated that he is prepared to initiate such actions if needed.

When asked about specifics of a new legislative proposal concerning deportations, Brunner stated that presenting this as a priority in 2025 is planned, with an emphasis on implementing streamlined processes.

Er betonte zudem die Absicht, die Zusammenarbeit mit Ländern außerhalb der EU zu intensivieren und die legalen Möglichkeiten für Arbeitsmigration nach Europa auszubauen, um die wirtschaftliche Stabilität der Europäischen Union zu gewährleisten. Brunner hob hervor, dass der EU-Talentpool und die Pläne für Drittstaatsangehörige mit langfristigem Aufenthaltsrecht bedeutende Fortschritte darstellen.

Protection of External Borders

Bei Fragen der Parlamentarier zu den Themen Menschenschmuggel und Menschenhandel betonte Brunner die Wichtigkeit internationaler Kooperationen und Partnerschaften sowie die Notwendigkeit, neue Gesetze zu entwickeln und die Rolle von Europol in diesem Bereich zu stärken. Die dreimalige Erhöhung der Frontex-Personalstärke werde den EU-Mitgliedsländern dabei helfen, die Außengrenzen besser zu sichern, gegen Schmugglerbanden vorzugehen und Rückführungen zu unterstützen, erklärte Brunner.

In einer Anstrengung, die Ausnutzung von Migranten an den östlichen Außengrenzen der Europäischen Union zu verhindern, versprach Brunner, eine koordinierte Reaktion zu ermöglichen, die alle verfügbaren Mittel einbezieht, ohne dabei die grundlegenden Werte der EU zu kompromittieren.

Erhaltung des Schengen-Gebiets

In Antwort auf die Fragen der Abgeordneten bezüglich der Lage des Schengen-Raums erklärte Brunner, dass die Bewegungsfreiheit wesentlich für Europas Wettbewerbsfähigkeit sei und dass Grenzkontrollen den Alltag der Bürger stören würden. Er betonte, dass eine intensivere Zusammenarbeit der Polizei sowie Gespräche mit den Mitgliedstaaten die momentane Situation verbessern könnten, aber auch Vertragsverletzungsverfahren als Option in Betracht gezogen werden sollten. Zudem zeigte sich Brunner zuversichtlich hinsichtlich der Chancen Bulgariens und Rumäniens auf eine vollständige Aufnahme in den Schengen-Raum und versprach, sich dafür starkzumachen.

Statement to the Press

Nach Abschluss der Anhörung trat Javier Zarzalejos, der Vorsitzende des Ausschusses für bürgerliche Freiheiten, Justiz und Inneres und Mitglied der EVP aus Spanien, vor den Sitzungssaal, um eine Presseerklärung abzugeben. Das entsprechende Video kann hier angesehen werden.

Upcoming Actions

Nach der Anhörung treffen sich der Vorsitzende und die Fraktionskoordinatoren sofort, um die Fähigkeiten und die Eignung des nominierten Kommissars zu beurteilen.

Based on the committee's recommendations, the Conference of Presidents, which includes EP President Metsola and the leaders of political groups, will make the final assessment and officially conclude the hearings on November 21. After the Conference of Presidents announces the conclusion of all hearings, the evaluation letters will be made public.

The election of the entire College of Commissioners by the Members of the European Parliament, requiring a majority of the votes cast in a roll-call vote, is scheduled to take place during the plenary session from November 25 to 28 in Strasbourg.

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Day Three of EU Commissioner-Designate Hearings: Key Evaluations and Public Engagements

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Wednesday, November 6

Today is the third day of the confirmation hearings for the Commissioners-designate. Members of the European Parliament (MEPs) are assessing whether the nominees are suitably qualified to join the College and to perform the specific tasks assigned to them.

Discover comprehensive details regarding the hearing procedures and ways to stay updated on them.

Every hearing is open to the public and can be watched in real-time via Parliament's web streaming service and Ebs/Ebs+.

For more details, visit the specific website Parliament has set up for the hearings.

Locate official statements regarding the proceedings.

The agenda for today's hearings is outlined below:

9:00 AM to 12:00 PM, location: ANTALL 2Q2

Lahbib Hadja

Roles: Preparedness and Crisis Management Commissioner; Commissioner for Equality

Committees in charge

Development Committee

Panel for Gender Equality and Women's Rights

Panel on Freedoms, Justice, and Domestic Affairs

Panel for Environmental, Health, and Food Security Affairs

Connections

Eoghan Walsh

Phone number: +32 485 399443

EP_Progress

Polona TEDESKO can be reached at (+32) 470 88 42 82, under the handle

Lieven COSIJN

Phone number: +32 473 864 141

Isabelle Zerrouk

Phone Number: +32 470 88 02

Tune in to view the live broadcast

Barry Andrews from the Renew group in Ireland, who leads the Committee on Development, along with Lina Gálvez from the S&D party in Spain, who heads the Committee on Women's Rights and Gender Equality, Javier Zarzalejos from Spain's EPP, chair of the Committee on Civil Liberties, Justice and Home Affairs, and Antonio Decaro from Italy's S&D, who oversees the Committee on the Environment, Public Health and Food Safety, will address the media following the hearing, just outside the meeting room.

You have the option to watch it live through Parliament’s online streaming service and on the EbS channel.

From 9:00 AM to 12:00 PM, located in room ANTALL 4Q2

Maria Luís Albuquerque

Position: Head of Financial Services and the Union for Savings and Investments

Committee in charge

Economic and Financial Affairs Committee

Connections

Dorota Kolinska can be contacted at the phone number +32 498 98 32 80, and is associated with EP Economics.

Raquel Lopes

Phone number: 0032 477 99 14

Tune in to the live broadcast of

Aurore Lalucq, a member of the S&D party from France and the head of the Committee on Economic and Monetary Affairs, is set to address the media following the hearing, just outside the conference room.

After the hearing, the nominee for commissioner, Albuquerque, will address the media.

You can watch their comments in real-time on the Parliament's live stream and on EbS.

2:30 PM to 5:30 PM, location: room ANTALL 2Q2

Costas Kadis' name

Position: Head of Fisheries and Marine Affairs

Committee in charge

Fisheries Committee

Connections

Reporter: Raquel LOPES

Telephone number: +32 477 99 14 95

European Parliament's Committee on Fisheries

Kyriakos Klosidis

Phone number: +32 470 96 47

Tune in to the live broadcast of

Carmen Crespo Díaz, a member of the European People's Party from Spain and the head of the Fisheries Committee, is scheduled to address the press following the hearing, which will take place just outside the meeting venue. The event will be available for live viewing via the Parliament's webstreaming service and on EbS.

2:30 PM to 5:30 PM, located in room ANTALL 4Q2

Jozef Síkela

Role: Commissioner for Global Partnerships

Committee in charge

Development Committee

Connections

Eoghan Walsh

Phone number: +32 485 399443

Development of EP

Author: Hana Raissi

Phone number: +32 484 278 754

Stream the proceedings in real-time.

Barry Andrews from the Renew Europe group in Ireland, who serves as the Chair of the Development Committee, is scheduled to address the media following the hearing, just outside the meeting area.

After the hearing, Commissioner-designate Sikela is scheduled to address the media.

You have the option to watch their speeches in real-time through Parliament's online streaming service and on EbS.

From 6:30 PM to 9:30 PM, location: room ANTALL 2Q2

Andrius Kubilius

Role: Head of Defense and Space Affairs

Committee in charge

Foreign Affairs Committee

Committee for Industry, Research, and Energy

Ways to Connect:

Viktor Almqvist

Phone number: +32 470 88 29

EP_ForeignAff

Baptiste Chatain

Phone number: +32 498 98 13 37

EP_Sector

Gediminas Vilkas

Phone Number: +32 470 89 29

Tune in to the live broadcast of

6:30 PM to 9:30 PM, location: ANTALL 4Q2

Olivér Várhelyi's Name

Role: Commissioner responsible for Health and Animal Welfare

Committee in Charge

Panel on Environmental Issues, Health Protection, and Food Security

Agriculture and Rural Development Committee

Connections:

Dana Popp

Phone number: +32 470 95 17

EP_Environmental

Hana Raissi

Contact number: +32 484 278 754

Report on Agriculture by the European Parliament

Eszter ZALÁN

Phone number: +32 477 99 20 73

Tune in to view the live proceedings

Antonio DECARO, representing the S&D group from Italy and serving as the Chair for the Committee on the Environment, Public Health, and Food Safety, is scheduled to address the media following the hearing. This event will take place just outside the meeting venue. The public can watch the live broadcast on the Parliament's webstreaming service and through EbS.

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Hadja Lahbib Faces Scrutiny: Advancing Equality and Crisis Management in EU’s Future Agenda

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Hearing for Nominee Hadja Lahbib

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The Development, Women’s Rights, Civil Liberties, and Environment Committees conducted an inquiry with Hadja Lahbib, the nominee for the role overseeing Preparedness, Crisis Management, and Equality.

Fairness

In her opening remarks, Hadja Lahbib, the Belgian Commissioner-designate, emphasized the importance of ensuring that the key equality laws passed in recent years are effectively enforced throughout the European Union. This includes the complete execution of the Istanbul Convention.

In a recent announcement, she revealed plans to introduce a Roadmap for Women's Rights on International Women's Day, March 8, 2025. This roadmap is intended to act as a guiding framework for next year's Gender Equality Strategy. Furthermore, she committed to implementing specific measures aimed at revitalizing the post-2025 LGBTIQ+ Equality Strategy. These measures will include positive incentives, a prohibition on conversion therapies, and the development of a new anti-racism strategy.

When questioned by Members of the European Parliament, she refuted claims that the equality portfolio is being diminished. She emphasized that her resources will match those available to the current Equality Commissioner, Helena Dalli. She pledged to push forward on particular topics, including the EU’s establishment of a consent-based definition of rape, abortion rights, maternal surrogacy, children's rights, and poverty. Her approach will focus on dialogue, raising awareness, and most importantly, respecting the individual rights of women, children, and other vulnerable populations.

Being Ready

To better handle future emergencies, Ms. Lahbib urged the European Union to adopt a comprehensive strategy that enhances collaboration and engages all sectors of society, especially the public. Drawing from the Niinistö report on bolstering EU preparedness both in civil and military capacities, she aims to strengthen key EU solidarity tools such as the EU Civil Protection Mechanism, the Emergency Response Coordination Centre, and the rescEU strategic reserve. Additionally, Ms. Lahbib intends to formulate a new plan for medical countermeasures to tackle public health risks, incorporating joint procurement and the establishment of stockpiles.

In response to inquiries from Members of the European Parliament about improving the EU Civil Protection Mechanism to better aid vulnerable groups and boost solidarity within the EU, Ms. Lahbib proposed a comprehensive approach. This strategy would integrate both civil and military defence measures, addressing a wide range of disasters, including health-related and environmental crises. The focus would be on both managing emergencies and preventing them from occurring.

Assistance for Humanitarian Needs and Emergency Response

Ms. Lahbib aims to advocate for a unified strategy across the Commission to assist countries facing humanitarian emergencies, with a special focus on effectively applying the humanitarian-peace-development triple nexus. To address the shortfall in humanitarian assistance, she plans to urge EU member nations to boost their financial contributions, seek out additional donors, and promote greater involvement from the private sector in the creation and distribution of humanitarian aid.

In response to questions from Members of the European Parliament regarding the Middle East, particularly the conditions in Gaza and Lebanon, she supported the EU's impartial stance on providing humanitarian assistance. She emphasized the importance of adhering to international humanitarian law and upheld the principles outlined in the Geneva Conventions.

Media briefing

Following the hearing, the leaders of the Development, Women's Rights, Environment, and Civil Liberties committees—Barry Andrews from the Renew group in Ireland, Lina Galvez from the Socialists and Democrats in Spain, Javier Zarzalejos from the European People's Party in Spain, and Antonio Decaro from the Socialists and Democrats in Italy—addressed the media outside the conference room.

Future actions

The leaders and coordinators of the four relevant committees will convene promptly following the hearing to evaluate the abilities and credentials of the nominated Commissioner.

Following the suggestions from the committees, the Conference of Presidents—which includes EP President Metsola and the leaders of the political groups—will carry out the ultimate assessment and officially conclude the hearings on November 21. After this declaration, the evaluation letters from the committees will be made available to the public.

Members of the European Parliament are set to vote on the entire group of Commissioners during a roll-call at the plenary session scheduled in Strasbourg from November 25 to 28.

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Maria Luis Albuquerque Faces Scrutiny in EU Financial Services Hearing: Promises Stability, Innovation, and Consumer Empowerment

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Interview with Nominee Maria Luis Albuquerque

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On Wednesday, the Monetary and Economic Affairs Committee conducted an interview with Maria Luis Albuquerque, who has been nominated for the role overseeing the Financial Services and the Savings and Investments Union portfolio.

In her opening remarks, Maria Luis Albuquerque of Portugal vowed to prioritize the stability and integrity of the European Union's financial system, viewing it as the cornerstone for fostering a robust and competitive economy in Europe.

Upon confirmation, Ms. Albuquerque stated her commitment to fostering innovation and promoting inclusive development, while also advocating for social mobility and consumer empowerment. She vowed to advance the Savings and Investment Union, ensure consistent oversight across borders, and create more avenues for investment funding. Ms. Albuquerque also promised to adopt a balanced strategy in digital finance, aiming to build trust in the financial system. Furthermore, she seeks to empower European citizens to engage in the financial system equitably, allowing them to manage their financial destinies.

To enhance the EU's competitiveness, the Commissioner-designate intends to concentrate on facilitating smooth capital movement and lessening regulatory constraints, particularly for small and medium-sized enterprises. Moreover, she revealed her commitment to intensifying efforts against financial crimes, notably money laundering and terrorist financing, by prioritizing the establishment of the EU's Anti-Money Laundering Authority.

Ms. Albuquerque vowed to cultivate a cooperative partnership with the European Parliament by engaging in frequent and transparent discussions.

Economic security, safeguarding deposits, and enduring financial practices

A number of Members of the European Parliament (MEPs) inquired of the Commissioner-designate regarding the European Union's financial stability and the banking sector's competitiveness, particularly in view of the postponed enactment of Basel III international guidelines and the European Deposit Insurance Scheme. They also raised issues related to sustainable finance and the accurate labeling of environmentally-friendly investment products, highlighting the crucial role of private sector investments in driving green and digital transitions.

In reply, Ms. Albuquerque expressed her intention to urge global partners to adopt Basel III standards. She promised to enhance the safeguarding of deposits across Europe and to seek a middle ground regarding the Crisis Management and Deposit Insurance (CMDI) framework. Additionally, she vowed to advocate for a sustainable finance system tailored to smaller market players, aiming to reduce reporting duties and administrative complexities.

Members of the European Parliament brought up several concerns, including ensuring fair competition while advancing the capital markets union, providing equal investment opportunities to all citizens, and ensuring that everyone benefits from the digital transformation of payment systems. Many participants expressed apprehension about the increasing influence of non-bank financial entities within the EU and called for measures to mitigate this risk. They also raised questions about the potential dangers of securitization and how it could be used safely to lessen business reliance on banks for funding projects. In response to a request for practical examples to enhance the Capital Market Union, Ms. Albuquerque proposed more unified supervision and pledged to eliminate obstacles to market-led consolidation by implementing more standardized tax policies.

View the complete footage of the entire hearing.

Media briefing

Following the conclusion of the hearing, Ms. Aurore Lalucq, who serves as the Chair of the Economic and Monetary Affairs Committee, addressed the media at a press briefing held outside the meeting venue. You can view it here.

Subsequent

The chair and coordinators of the political group are scheduled to convene promptly to evaluate how the Commissioner-designate has performed and whether they are suitably qualified. Following the committee's advice, the Conference of Presidents, which includes EP President Metsola and the leaders of the political groups, will carry out the concluding assessment and officially close the hearings on November 21. After this declaration, the letters detailing the evaluations will be made public.

The Members of the European Parliament (MEPs) are set to vote on the entire group of Commissioners through a roll-call vote, requiring a majority to pass. This election is planned to occur at the plenary session in Strasbourg from November 25th to 28th.

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Balancing Profit and Principles: Jozef Síkela’s Vision for the EU’s Global Gateway and Development Policies

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Jozef Síkela’s Confirmation Hearing

The Development Committee conducted a hearing on Wednesday with Jozef Síkela, the nominee from the Czech Republic for the role in International Partnerships.

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In his opening remarks, Jozef Síkela, the nominee for the role of Commissioner for International Partnerships, expressed that his strategy for the EU's Global Gateway initiative would involve maintaining a balance between profitability and ethical standards. He emphasized that the EU should utilize public-private collaborations, reduce investment risks, and draw in private funding to stimulate investments and address the shortfall in development aid.

Mr. Síkela emphasized that the European Union's development strategy ought to prioritize addressing the fundamental issues leading to irregular migration, preventing conflicts, and promoting effective governance. He highlighted the importance of concentrating efforts on the Least Developed Countries and enhancing ties with African nations. Furthermore, he stressed the need for alignment with the EU's Green Deal aims. Mr. Síkela also suggested that the EU should adopt a more confident approach when engaging with partner countries, especially in light of the presence of other, more assertive competitors in areas such as Africa.

Eliminating poverty, priorities of the European

Members of the European Parliament concentrated their inquiries on the Commissioner-designate's strategy regarding the Global Gateway. They questioned how he plans to move the initiative forward to serve the economic interests of the European Union and addressed a seemingly conflicting goal of both expanding markets for the EU and eliminating poverty. Mr. Síkela countered by saying he did not see any contradiction, emphasizing the importance of engaging the private sector to foster sustainable economic development in partner nations.

Financial assistance and learning opportunities

Addressing the European Parliament members' worries regarding the openness and responsibility in the allocation of EU development aid—which covers expenditure, parliamentary supervision, and breaches of human rights—Mr. Síkela emphasized that ensuring the effective use of aid funds will be his main focus.

Addressing concerns from Members of the European Parliament about the EU's declining emphasis on the Sustainable Development Goals (SDGs), Mr. Síkela emphasized the crucial role of private investment in achieving these objectives. He also pledged to uphold the EU's commitment to allocate 10% of its aid budget to education and to explore possibilities for debt relief for partner nations, contingent upon talks with other supportive donor countries.

Several Members of the European Parliament brought up the topic of utilizing development policy to manage migration. This included the idea of tying aid assistance to the obligation of returning migrants. In response, Mr. Síkela stated that he would adopt a comprehensive strategy that aligns with the values of the European Union.

View the complete video footage of the hearing.

Media briefing

Following the hearing, Barry Andrews, the Chair of the Development Committee and a member of the Renew Europe group from Ireland, spoke to the press outside the meeting room.

Subsequent

The head and leaders of the political group will promptly convene to evaluate the abilities and credentials of the proposed Commissioner.

Following the suggestions made by the committee, the Conference of Presidents, consisting of EP President Metsola and the leaders of the political groups, plans to perform the concluding assessment and officially close the hearings on November 21. After the Conference of Presidents announces the closure of all hearings, the evaluation letters will be made public.

Members of the European Parliament are set to vote on the entire group of Commissioners, with the decision made by a majority through a roll-call vote. This election is planned for the plenary session in Strasbourg from November 25th to 28th.

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Navigating the Future: Costas Kadis Outlines Vision for Sustainable Fisheries and Blue Economy at EU Hearing

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Review of Commissioner-Designate Costas Kadis

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On Wednesday, the Fisheries Committee conducted an inquiry with Costas Kadis, the nominee from Cyprus for the Fisheries and Oceans position.

Guaranteeing financial success, advancing the marine-based economy, and safeguarding ocean ecosystems

During his opening remarks, Mr. Kadis emphasized the importance of establishing fisheries and aquaculture industries that are sustainable, competitive, and capable of withstanding challenges. He also highlighted the necessity of advancing the blue economy while ensuring the protection of ocean environments.

To achieve this, the Commissioner-designate plans to base his actions on the findings from the current review of the Common Fisheries Policy (CFP). This review involves an extensive examination of the existing regulations and will feature wide-ranging consultations with various stakeholders. The results of this evaluation, anticipated by the close of 2025, will be presented for discussion with Parliament. In addressing inquiries from Members of the European Parliament, Mr. Kadis indicated that he is open to amending legislation, considering this assessment and the developments within the EU's fishing fleet.

When questioned on the regulations concerning the landing obligation, the Commissioner-designate emphasized the necessity of tackling the issue of discards and underscored the significance of having thorough and high-quality data. He pointed out that discarding fish neither boosts profits nor supports the sustainability of marine environments.

Recognizing the distinctions between large-scale and small-scale fishing operations, and mindful of the considerable disparities across various fishing regions, Mr. Kadis pledged to develop a roadmap for transitioning to sustainable energy in the fisheries and aquaculture sectors, looking ahead to the year 2050, by the conclusion of 2025. He additionally highlighted the importance of the social aspect within the fishing industry and vowed to assist coastal communities.

Mr. Kadis highlighted several other issues, including outdated vessels, a shortage of skilled workers, a gender imbalance in the industry, a lack of young people entering the field, and the necessity to cut bureaucratic hurdles. He mentioned that these matters will be central to the European Oceans Pact, a strategic plan that the Commissioner-designate aims to unveil in June 2025.

The Baltic Sea, the UK's departure from the EU, and interactions with non

In addressing members of the European Parliament, the nominee for Commissioner advocated for a comprehensive strategy to address the deterioration of the Baltic Sea, emphasizing the importance of including all relevant scientific and environmental parties. Concerning the upcoming discussions in 2026 on fishing quotas with the UK, Mr. Kadis assured that EU fishing boats would continue to have access to their traditional fishing zones.

The nominee for the position of Commissioner will address the issue of fishing products that are illegal or not properly regulated. Additionally, they will work on increasing the EU's ability to produce its own food and ensure that agreements for sustainable fishing partnerships create fair conditions, encouraging third countries to meet the high standards set by the EU.

Safeguarding Biological Diversity and Its Economic Advantages

When questioned, the Commissioner-designate pledged to advocate for solutions grounded in scientific research to address the challenges facing the sector. He committed to engaging with various stakeholders, with a particular focus on local communities' input. He underscored the sea's function as a carbon absorber and emphasized the importance of maintaining biodiversity for both ecological sustainability and economic benefit. Mr. Kadis pointed out the significant contribution of protected areas, noting that they not only support environmental goals but also boost fishing income.

The entire hearing has been captured on video, and you can view it.

Media briefing

Following the conclusion of the hearing, Carmen Crespo Díaz, who leads the Fisheries Committee and is a member of the European People's Party from Spain, addressed the press just outside the meeting venue.

Future actions

Following the hearing, the head of the committee and the coordinators of the political groups will convene to evaluate how well the Commissioner-designate performed and whether they are qualified for the role.

Following the suggestions put forth by the committee, the Conference of Presidents, which includes EP President Metsola and the leaders of political groups, is scheduled to carry out the concluding assessment and announce the closure of the hearings on November 21. After the Conference of Presidents has officially closed all the hearings, the evaluation letters will be made public.

Members of the European Parliament are expected to vote on approving the entire group of Commissioners during a plenary session in Strasbourg, which is set for November 25-28. The voting will be done by roll-call and requires a majority of the votes cast.

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Labour MP Chris Webb Mugged by Masked Group in London: A Harrowing Encounter Near Home

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Labour MP Chris Webb was robbed by several people while returning to his London apartment

At 38 years old, he reported being "assaulted and robbed by a group of people" on his way back to his apartment in London.

Tuesday, November 5, 2024 3:03

A Labour Member of Parliament was robbed while returning to his flat in London.

Chris Webb reported that the incident occurred on Monday night while he was returning from Parliament.

The representative for Blackpool South, aged 38, reported that he was assaulted and robbed by a group of people on bicycles, who had their faces covered with balaclavas.

"Fortunately, I'm unharmed and fine. However, they did steal my phone, so I'll be without one for a while," he further stated.

"I am grateful to the Metropolitan Police for their rapid and supportive action. The officers involved provided exceptional assistance and truly exemplified the integrity of the force."

He mentioned that he was still accessible through his office.

The Metropolitan Police verified that their officers received a call at 9:55 PM on Monday concerning a robbery report on Lambeth Walk in South London.

"A spokesperson reported that a group of men confronted the victim and forcibly took the phone from his grasp."

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Mr. Webb, who won his seat in a special election in May, informed the PA news agency that he didn't believe he was singled out as a Member of Parliament since "they wouldn't have known [he] was an MP."

"I'm quite tall, standing at six feet two inches, so I'm not someone who's easily targeted. Yet, it seems they were bold enough to confront and detain me momentarily to ensure their escape," he explained.

"I'm usually very conscious of my environment, and thanks to my training, especially in boxing, I have developed quite good reflexes."

Stay updated on current events from the UK and globally by tuning into Sky News.

Mr. Webb secured his iPhone by activating the lock through his smartwatch. Upon the arrival of law enforcement, he assisted them in locating the device, leading to the arrest of a suspect at the traced location.

Mr. Webb's phone remains missing.

Authorities are continuing their investigation and are urging anyone with details regarding the reported robbery to come forward.

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Urgent Call for Action: Sir Alan Bates Presses PM for Timely Compensation in Horizon Scandal

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Campaign advocate Sir Alan Bates warns Prime Minister that time is running out for Horizon scandal redress

Sir Alan Bates, in his correspondence to the prime minister, noted that it had been over a month since their last communication. He urged for a firm March 2025 deadline to be set for compensating the sub-postmasters affected by the Horizon debacle, pressing Sir Keir Starmer to expedite the process.

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Tuesday, November 5, 2024, 4:

Advocate for Post Office reform, Sir Alan Bates, has sent a letter to Sir Keir Starmer, emphasizing that time continues to progress towards a looming deadline for victim compensation.

In his correspondence with the prime minister, Sir Alan insisted on setting a March 2025 deadline to provide reparations to the sub-postmasters affected by the Horizon incident.

Earlier today, Sir Alan informed Sky News that he had not yet received a response from the prime minister.

"He mentioned that it happened more than a month ago."

I reached out to him with a reminder the day before. I emphasized that time was continuing to pass and that we are now five months away from the March deadline, which, according to other experts, remains attainable.

"Let's proceed, that's all we're asking for. Just proceed."

Later in the day, Downing Street announced that Sir Keir had replied to the letter from Sir Alan.

The spokesperson for the prime minister stated: "Clearly, it was necessary for us to take the necessary time to deliberate on the concerns mentioned in the letter addressed to the prime minister, formulate our reply, ensure its precision and comprehensiveness, and naturally, we collaborated with the pertinent departments to guarantee that the prime minister's response was thorough."

"The reply was given earlier today. Regarding the core of the matter, the authorities are dedicated to swiftly providing compensation to those impacted and are exerting every effort to accelerate the process in all related programs."

Officials reported that by the beginning of this month, over 3,100 claimants had received a total of approximately £438 million.

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Sir Alan discusses 'changing objectives'

Sir Alan testified before the Business and Trade Select Committee on Tuesday, addressing inquiries about reported delays faced by claimants in several compensation programs.

He talked about problems such as "changing standards" within the "rules and foundations" of the programs, noting that they "have been altered multiple times".

He also mentioned that the programs frequently became entangled in red tape.

Stay informed about the most recent developments in the UK and globally by tuning into Sky News.

Suing the government 'under consideration'

Sir Alan highlighted the concept of "fairness" in the plans, asking whether it should be the government or the victims who make the decisions.

When questioned about the fairness of his proposal, he responded, "According to whom?"

He additionally mentioned that taking legal steps against the government is being contemplated if they fail to address the issue by March of the following year.

He expressed worries that it could potentially "stop" the ongoing Group Litigation Order (GLO) scheme, but noted it "could be a risk that individuals are willing to accept."

"He emphasized the importance of establishing deadlines," he noted. "They [the Department for Business and Trade] are extremely apprehensive about setting deadlines."

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Transatlantic Tremors: How a Second Trump Term Could Reshape UK Politics and Impact Today’s Parliamentary Showdowns

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The Impact of Donald Trump on UK Politics

Wednesday, November 6, 2024, 07:35, UK

Sky News’ assistant political editor, Sam Coates, alongside Politico’s Jack Blanchard, deliver a daily briefing on political events, all condensed into a quick, sub-20-minute overview.

As the prospect of Donald Trump returning to the White House becomes increasingly likely, the question arises: what will be the UK government's response?

Big developments are unfolding in the UK, but Sir Keir Starmer must also zero in on today's session in the House of Commons where he'll challenge Kemi Badenoch during her debut PMQs as the new Opposition leader. Jack and Sam speculate on her likely approach and the prime minister's performance against her.

🎧 Tune into the Politics At Jack And Sam's podcast on your favorite podcast platform! 🎧

Additionally, the chancellor will undergo intense questioning by the Treasury Select Committee regarding her budget that includes tax increases.

To reach Jack and Sam, you can either message them on WhatsApp at 07511 867 633 or send an email to jackandsam@sky.uk.

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