Global perspective. Clear attribution. Updated throughout the day.
Live desk Concise briefs from trusted publishers · Always follow the source for the full report
Markets
GBP/USD 1.3236 FrankfurterEUR/USD 1.1291 FrankfurterUSD/NGN 1,329.37 FrankfurterUSD/JPY 157.91 FrankfurterGold $4,141.80/oz Gold APISilver $60.52/oz Gold API
Breaking
Coast Guard searches for medical plane missing near Nantucket Punch NigeriaLabour Party youth leaders seek talks on possible Tinubu alliance Punch NigeriaJulius Berger weighs bridge or culvert for failed Delta road Punch NigeriaFederal Government says wheat output reaches 420,000 tonnes Punch NigeriaIndia’s athletics campaign falls short despite standout performances in Nagoya India TodayAndhra Pradesh plans quantum computing operations in Amaravati from February 2027 The HinduWenger to lead CAF review of Africa’s 2026 World Cup campaign Punch NigeriaLokayukta intervention restores elderly woman’s land after alleged forged transfer The HinduSand Eagles to face Senegal in Kaduna friendlies before Ghana qualifier Punch NigeriaMumbai airport plans international slot cuts amid terminal reshuffle The Hindu
Scores
Brooklyn FC v Rhode Island FC 23:00 UTC American USL Championship · TheSportsDBDetroit City FC v Birmingham Legion 23:00 UTC American USL Championship · TheSportsDBLexington SC v El Paso Locomotive 23:00 UTC American USL Championship · TheSportsDB
Politics

Leaked remarks suggest Conservatives plan cuts beyond £47bn pledge

Source: The Guardian UK · 03 Oct 2026, 15:00 UTC
Leaked remarks suggest Conservatives plan cuts beyond £47bn pledge
Image: The Guardian UK · original report

The Conservatives are considering spending reductions beyond the £47bn already announced if they win the next UK election, according to leaked remarks by shadow chancellor Andrew Griffith. The party says it will pursue a smaller state, further welfare savings and cuts to waste, while Labour and Reform UK remain ahead in the polls.

The UK Conservatives are planning spending cuts beyond the £47bn already announced if they win the next election, according to leaked remarks by shadow chancellor Andrew Griffith. Griffith made the comments last year, when he was shadow business secretary, telling Conservative members that he and other shadow cabinet ministers had discussed making further savings in every part of government. He linked the prospect of additional cuts to the economy’s deterioration and the party’s ambition to reduce taxes.

A Conservative spokesperson acknowledged that the party was seeking savings beyond its existing plans. The spokesperson said the Conservatives wanted a smaller state and would set out further reductions to Labour’s welfare spending and action against waste at the party conference in Birmingham. Kemi Badenoch has previously outlined a £47bn spending reduction programme.

The plans include welfare cuts affecting non-British or EU citizens, the removal of 132,000 civil service jobs, reductions associated with scrapping most of Labour’s clean-energy scheme and more than £7bn in cuts to international aid. On Friday, Badenoch announced another £4bn of reductions, including £2.5bn from the aid budget and £1bn from the Department for Culture, Media and Sport. She said half of the savings would fund an additional 50,000 prison places and has previously promised to use half of any cuts to reduce the deficit.

The leaked comments emerged before the Conservatives’ annual conference. Badenoch is presenting her party’s lower-tax, smaller-state approach as an alternative to Prime Minister Andy Burnham’s programme, which includes a proposed national care service and public control of utility companies. The Conservatives remain third in the polls behind Labour and Reform UK, although the supplied material says Badenoch’s personal ratings have improved over the past year.

About this report
This independently written report is based on information supplied by the named publisher. Vertrix News has not independently verified the source report.
View the original source at The Guardian UK →