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Streeting Urges Labour to Consider North Sea Licences, NI Cut
Streeting said the party should weigh tax cuts and new drilling licences as it prepares for a possible leadership contest.
- Former Health Secretary Wes Streeting launched a leadership bid on Sunday, proposing a "targeted" cut to National Insurance and new North Sea oil drilling licences to distinguish himself from Sir Keir Starmer's government.
- Streeting resigned from the cabinet earlier this month to prepare for a potential leadership contest, arguing the government lacks a "coherent plan" and suffers from a "substance problem."
- He argues reducing National Insurance incentivises businesses to hire young people, while new North Sea drilling would generate tax revenue despite Labour's 2024 manifesto pledging against issuing new fields.
- Work and Pensions Secretary Pat McFadden warned there would be "consequences" for such tax changes, emphasizing youth unemployment is a deep-seated problem requiring more than single measures.
- Figures like Sir Tony Blair and Andy Burnham continue shaping party direction as the Makerfield by-election approaches on June 18, intensifying leadership speculation within Labour.
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Wes Streeting set for showdown with Ed Miliband as he calls on Labour to drill in North Sea
Wes Streeting is set for a showdown with Ed Miliband as the former health secretary called for Labour to drill for oil and gas in the North Sea.The Ilford North MP set out a series of policies ahead of a potential leadership contest expected by many in Westminster within the coming months.Speaking to the Sunday Times, he also reiterated his support for the UK’s eventual return to the EU, while saying the party should stick to its manifesto commi…
·London, United Kingdom
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The Independent (US)Reposted by 
Rother Radio - Rotherham & Sheffield's Best Variety of Hits!
Rother Radio - Rotherham & Sheffield's Best Variety of Hits!Minister rejects Streeting call to consider national insurance cut
Work and Pensions Secretary Pat McFadden said he backed the Chancellor’s decision.
·United States
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Coverage Details
Total News Sources15
Leaning Left6Leaning Right2Center4Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 33%
R 17%
Factuality
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