News UK
Keir Starmer denies plans to sack Chancellor Rachel Reeves after she cries in Parliament | BBC News
The British Prime Minister Sir Keir Starmer has told the BBC that his finance minister, the Chancellor Rachel Reeves, will remain in her job for “a very long time”.
It came after Rachel Reeves cried as she sat beside the Sir Keir in Parliament, following the collapse of the UK government’s plans for billions of pounds of cuts to welfare spending, which she had said were essential in order to control public spending.
Reeves had advocated the proposals which included large cuts in support to disabled people. It was reported that she had taken a hard line up to the last moment, urging the prime minister not to given in to many angry MPs in their governing Labour Party who eventually forced a U-turn.
The prime minister declined to confirm to Parliament that Reeves would remain in her job until the next election. But later Sir Keir told the BBC that he worked “in lockstep” with Reeves and she was “doing an excellent job as Chancellor”.
Following her appearance in Parliament, Reeves’ spokesperson said she had been dealing with a “personal matter” while Sir Keir insisted her tears had “nothing to do with politics”.
At the highly-charged Prime Minister’s Questions in Parliament, the opposition Conservative leader Kemi Badenoch laid into the government over its welfare U-turns. She said the Chancellor would now be forced to put up taxes to pay for the prime minister’s incompetence” and said Reeves “looks absolutely miserable. Labour MPs are going on the record saying that the chancellor is toast, and the reality is that she is a human shield for his incompetence.”
Reeves, who has repeatedly promised not to raise taxes, now faces the prospect of a large “black hole” in the government’s finances and the possibility of another humiliating reversal in her autumn budget.
Jane Hill presents BBC News at Ten reporting by political editor Chris Mason at Westminster.
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The Democrats have won a blowout victory in the US midterm elections, winning the Senate and the House of Representatives, taking control of Congress for the rest of Donald Trump’s presidency.
In the Senate race, Republican strongholds have been toppled by the Democrats in Texas, Ohio and Kansas, which last elected a Democrat almost 100 years ago.
Trump has congratulated the Democrats on a “good job” and acknowledged that gas prices hurt Republicans during the midterm races, saying people “didn’t like it” when they had to pay more for fuel.
The midterm elections happen mid-way through every 4-year presidential election cycle, giving Americans the chance to elect members of Congress, which is made up of the House of Representatives and the Senate.
Here is how the night unfolded.
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Would you let AI walk around your home?
Meta has reportedly built a humanoid robot called Max and, if Mark Zuckerberg gets his way, this could be the next frontier for artificial intelligence. After years of AI living on our screens, Silicon Valley is now racing to give AI a body, one that can see, hear, move through the world and interact with people in real life.
This week on AI Decoded, we explore the growing race to put humanoid robots into our homes and workplaces. Joining us are John Hanke, founder of Niantic and CEO of Niantic Spatial, Ed Zitron, one of the technology industry’s most outspoken critics, and technology researcher and author Stephanie Hare.
Together, they unpack the technical challenges, commercial ambitions and ethical questions behind the push to bring AI into the physical world.
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In this Video:
0:00 – Meta’s secret robot project
6:18 – How could we integrate robots?
10:45 – The Chinese robotics boom
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US tech stocks have shown signs of a partial recovery after the value of shares in artificial intelligence and technology firms plummeted worldwide.
The drop off came after the Democrats’ resounding win in the US midterms, which sparked fears of a reduction in AI development.
On Thursday the tech-heavy Nasdaq composite index closed down by more than 5.5%, losing an estimated $2.5tn in market value, according to Dow Jones data.
Businesses closely linked to artificial intelligence development, particularly makers of key computer chips and semiconductors, took the hammering.
Share prices in US markets have edged up on Friday. Chipmaker Nvidia’s share price jumped by over 7% and Elon Musk’s SpaceX was up 6.19% – though both are yet to recover their heavy losses from yesterday. It’s a similar story for chipmakers AMD and Micron.
Reeta Chakrabarti presents BBC News at Ten reporting by Faisal Islam.
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