Overview
- Allies of Keir Starmer briefed that Wes Streeting was plotting to oust him, a move that backfired and highlighted weakness at the centre of government.
- Streeting denied any coup, condemned a “toxic” culture around No 10, said he and the prime minister were frustrated by the distraction, and signalled he opposes breaking manifesto tax pledges.
- Starmer said he was assured the briefings did not come from Downing Street and vowed to deal with any culprits, as chief of staff Morgan McSweeney denied involvement yet faced calls to quit.
- Chancellor Rachel Reeves abandoned a widely trailed income‑tax rise ahead of the 26 November Budget, prompting a sell‑off in the pound and higher government borrowing costs.
- Speculation over succession has intensified, with MPs and bookmakers viewing Streeting as a leading contender as restive backbenchers say the upcoming Budget could prove decisive.