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| Rishi Sunak to review leadership campaign pledges | Rishi Sunak to review leadership campaign pledges |
| (about 1 hour later) | |
| Rishi Sunak will review the pledges he made during his summer Tory leadership campaign, No 10 has said. | Rishi Sunak will review the pledges he made during his summer Tory leadership campaign, No 10 has said. |
| The prime minister will examine "whether now is the right time to bring them forward," his spokeswoman said. | The prime minister will examine "whether now is the right time to bring them forward," his spokeswoman said. |
| Mr Sunak lost to Liz Truss in a ballot of Tory members - but was selected to replace her by Tory MPs when her premiership fell apart. | Mr Sunak lost to Liz Truss in a ballot of Tory members - but was selected to replace her by Tory MPs when her premiership fell apart. |
| He announced dozens of policies during his summer campaign, including tax cuts. | He announced dozens of policies during his summer campaign, including tax cuts. |
| But his spokeswoman said the economic "context" had changed since the promises were made. | But his spokeswoman said the economic "context" had changed since the promises were made. |
| "We need to take some time to make sure what is deliverable and what is possible," she added. | "We need to take some time to make sure what is deliverable and what is possible," she added. |
| Unlike his summer campaign, Mr Sunak did not make any policy pledges during the four-day contest to replace Ms Truss as prime minister last month. | Unlike his summer campaign, Mr Sunak did not make any policy pledges during the four-day contest to replace Ms Truss as prime minister last month. |
| PM backtracks on £10 missed NHS appointment fines | PM backtracks on £10 missed NHS appointment fines |
| Which policies will Sunak stick with or twist? | Which policies will Sunak stick with or twist? |
| Treasury warns of tax rises to fill financial hole | Treasury warns of tax rises to fill financial hole |
| His earlier campaign promises included pledges to scrap the 5% VAT rate on household energy bills, and to lower the basic rate of income tax from 20% to 16% before the end of the next parliament. | |
| Mr Sunak also promised to keep April's 1.25p in the pound rise to National Insurance - currently due to be reversed on Sunday in the wake of Ms Truss's mini-budget in September. | Mr Sunak also promised to keep April's 1.25p in the pound rise to National Insurance - currently due to be reversed on Sunday in the wake of Ms Truss's mini-budget in September. |
| He also pledged to place an annual cap on the number of refugees the UK accepts, tighten asylum qualification criteria, and withhold aid from countries that won't take migrant returns. | He also pledged to place an annual cap on the number of refugees the UK accepts, tighten asylum qualification criteria, and withhold aid from countries that won't take migrant returns. |
| At Prime Minister's Questions, Mr Sunak sought to reassure his backbenchers that migration was a "priority" for him, as he faced questions over the government's record on asylum claims. | At Prime Minister's Questions, Mr Sunak sought to reassure his backbenchers that migration was a "priority" for him, as he faced questions over the government's record on asylum claims. |
| Afterwards the PM's spokeswoman said Mr Sunak remained "committed to the sentiment" of his migration pledges, but confirmed they would form part of the review. | Afterwards the PM's spokeswoman said Mr Sunak remained "committed to the sentiment" of his migration pledges, but confirmed they would form part of the review. |
| Other summer leadership pledges included: | Other summer leadership pledges included: |
| eliminating one-year hospital waiting times by September 2024 | eliminating one-year hospital waiting times by September 2024 |
| preventing solar panels being installed on "our best farmland" | preventing solar panels being installed on "our best farmland" |
| banning strikes in essential public services | banning strikes in essential public services |
| blocking new smart motorways, where technology is used to regulate traffic flow | blocking new smart motorways, where technology is used to regulate traffic flow |
| The prime minister has already abandoned his campaign pledge to fine patients in England £10 if they miss GP or hospital appointments. | The prime minister has already abandoned his campaign pledge to fine patients in England £10 if they miss GP or hospital appointments. |
| He has also restored the ban on shale gas fracking in England that was lifted by Ms Truss. During the summer, he said he supported fracking where projects had local consent. | He has also restored the ban on shale gas fracking in England that was lifted by Ms Truss. During the summer, he said he supported fracking where projects had local consent. |
| The policy review comes as Mr Sunak and Chancellor Jeremy Hunt consider tax increases and spending cuts ahead of a budget on 17 November. | The policy review comes as Mr Sunak and Chancellor Jeremy Hunt consider tax increases and spending cuts ahead of a budget on 17 November. |
| Ahead of the statement, the Treasury has been warning that across-the-board tax increases will be required to ensure the government meets its medium-term targets on spending and debt. | Ahead of the statement, the Treasury has been warning that across-the-board tax increases will be required to ensure the government meets its medium-term targets on spending and debt. |
| Reports have suggested Mr Hunt could extend a freeze on income tax thresholds, as well as the windfall tax on oil and gas firms. | Reports have suggested Mr Hunt could extend a freeze on income tax thresholds, as well as the windfall tax on oil and gas firms. |
| Downing Street is seeking to make the case its outlook now is a pragmatic one. | Downing Street is seeking to make the case its outlook now is a pragmatic one. |
| They have unexpectedly inherited high office in the blink of an eye and the teeth of economic calamity, and they're pausing to work out what on earth to do next. | They have unexpectedly inherited high office in the blink of an eye and the teeth of economic calamity, and they're pausing to work out what on earth to do next. |
| After Liz Truss's "shock and awe" blitz of policy announcements rapidly became the awe and shock for her of them imploding, the new PM and cabinet are seeking to make a virtue of stepping rather tentatively, rather gingerly. | After Liz Truss's "shock and awe" blitz of policy announcements rapidly became the awe and shock for her of them imploding, the new PM and cabinet are seeking to make a virtue of stepping rather tentatively, rather gingerly. |
| But that means, right now at least, we know very little in concrete, specific terms about what the government wants to do, let alone will do. | But that means, right now at least, we know very little in concrete, specific terms about what the government wants to do, let alone will do. |
| Read more from Chris | Read more from Chris |
| Ministers have also not ruled out real-terms cuts to pensions and benefits by raising them below the rate of inflation, a move that could save billions. | Ministers have also not ruled out real-terms cuts to pensions and benefits by raising them below the rate of inflation, a move that could save billions. |
| The government is considering delaying the introduction of a £86,000 lifetime cap on social care costs due to apply in England from October 2023, a government source told the BBC. | The government is considering delaying the introduction of a £86,000 lifetime cap on social care costs due to apply in England from October 2023, a government source told the BBC. |
| The plan includes a more generous means-test for people applying to their local council for financial support. | The plan includes a more generous means-test for people applying to their local council for financial support. |
| Groups representing local authorities have been calling for a delay to the introduction of the cap, with warnings of acute staffing and financial pressures on services. | Groups representing local authorities have been calling for a delay to the introduction of the cap, with warnings of acute staffing and financial pressures on services. |
| Sir Andrew Dilnot, the architect of a previous cap that was abandoned in 2017, said it would be "astonishing" if the government did delay the cap. | Sir Andrew Dilnot, the architect of a previous cap that was abandoned in 2017, said it would be "astonishing" if the government did delay the cap. |
| He told BBC Radio 4's World at One it might save money in "the very short term" - but would make no difference to the public finances in the long term if it was eventually applied anyway. | He told BBC Radio 4's World at One it might save money in "the very short term" - but would make no difference to the public finances in the long term if it was eventually applied anyway. |