Conservative leader to give a speech later, while Treasury sources say Healey has ruled out a rise in capital gains tax

Criminals including killers and sex offenders detained in hospital will no longer receive benefits under proposals called for by victims’ families, the Press Association reports. PA says:

The government confirmed the move to end so-called “double provision” which enables offenders to claim hundreds of pounds a month for living costs while receiving NHS psychiatric treatment.

Regulations laid in parliament today seek to close the loophole and prevent serious criminals receiving up to £800 a month in universal credit over several years, saving an estimated tens of millions of pounds annually.

We said we’d act to tackle this gross unfairness and we’re delivering on that promise.

For too long these violent criminals have had their living costs paid by the taxpayer twice over, while their victims and families paid the price.

Britain’s 30-year gilt yields are now above 6% - their highest level since 1998.

That means every pound we borrow is already costing us £2 in less than 12 years.

Last week the IMF praised the government for the work they were doing on reducing Britain’s deficit.

They clearly don’t know the Labour party like we do.