Summary

  • Committee of MPs says tax credit reforms should be postponed

  • Treasury says report out of a date as revised plans are due

  • Ex-Labour leader Gordon Brown defends tax credit in rare foray into frontline politics

  • Boris Johnson cuts short West Bank visits after anger at his criticism of those wanting boycott of Israeli goods

  • David Cameron attends an EU migration summit in Malta

  • Labour leader Jeremy Corbyn is sworn in to the Privy Council

  1. Bank of England to be more 'accountable'published at 08:40

    Today Programme
    BBC Radio 4

    Robert Peston, BBC economics editor, says the Bank of England has never opened itself up to this kind of questioning in its 300 year history. 

    The bank is holding events open to the public across the UK today.  

    Mark Carney said told Robert Peston he is on a "cultural mission" to make the bank more open and accountable.

  2. 'UK has a bit of a property bubble'published at 08:30

    BBC Breakfast

    Mark Carney, the governor of the Bank of England, told BBC economics editor Robert Peston the UK has a property bubble.

    Peston said "he talked to me very openly – he thought there was a bit of a property bubble here in the UK".

    Mr Carney also warned a rise in interest rates in the UK - to follow on from expected increases in the US - could be a shock to investors and the market. However he thought banks were stronger than before, saying we shouldn't experience as much devastation as previously felt in 2008.

  3. David Cameron sets out EU reform goalspublished at 08:18

    David Cameron

    David Cameron has outlined his four goals for reforming the UK's membership of the EU, including restrictions on benefits for people coming to the UK.

    He said Britain faced a "huge decision" in the in/out referendum promised before the end of 2017.

    But he said he was confident of getting what he wanted from reform talks.

    Anti-EU campaigners say the talks are a "gimmick" - and the European Commission said the UK's benefits proposals could break free movement laws.  

    Read more

  4. Jeremy Corbyn to be sworn in to Privy Councilpublished at 08:15

    Jeremy Corbyn

    Labour leader Jeremy Corbyn is expected to join the Privy Council, the ancient group which advises monarchs, on Wednesday.

    New members are traditionally required to kneel to the Queen as part of a swearing-in ceremony.

    Mr Corbyn, a life-long republican, has not confirmed whether he will keep to that tradition.

    The Labour leader missed the first meeting of the Privy Council in October due to "other commitments".

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  5. Commons breastfeeding 'risks ridicule'published at 08:11

    Sir Simon Burns

    Allowing MPs to breastfeed in the House of Commons could risk ridicule from the tabloid press, former Conservative minister Sir Simon Burns has warned.

    The Chelmsford MP urged caution as MPs debated potential ways to make the House of Commons more family-friendly.

    Others argued it was time to allow breastfeeding in the chamber, with the SNP's Alison Thewliss saying she used to do it in meetings as a councillor.

    Government minister Therese Coffey said the current ban should remain in place.

    Read more

  6. Policies 'negatively affect' Muslimspublished at 08:06

    Muslim women

    Government policies, including those linked to security and extremism, are having a "negative impact" on British Muslims, a campaign body's report says.

    More than 60% of the 1,782 respondents to the report from the Islamic Human Rights Commission (IHRC) said they felt politicians did not care about them.

    Some 56% said they had experienced verbal abuse, and 18% had faced physical assault.

    The Home Office said it was committed to combating "anti-Muslim hatred".

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  7. Postpone tax credit cuts, MPs saypublished at 08:03

    Generic people

    George Osborne should postpone reforms to tax credits for a year to enable debate about the future of working-age benefits, a group of MPs has said.

    Parliament's Work and Pensions Committee warned there was no "magic bullet" to protect low-paid workers.

    The chancellor is to set out plans in his Autumn Statement to lessen the impact of planned cuts, after they were rejected by the House of Lords.

    The Treasury said the MPs' report was out of date as the new plans were due.

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  8. Good morningpublished at 08:00

    Hello and welcome to our rolling coverage of political developments. After two days dominated by the UK's future in the EU the focus this morning is on proposed changes to tax credits - a committee of MPs has warned the changes should be postponed, while Gordon Brown is to make a rare foray into frontline politics with a speech in defence of the in-work benefit.