Politics latest: Former Boris Johnson aide makes latest explosive claim; Tory MPs vent anger amid backlash over 'climbdown' on EU laws

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Former Boris Johnson aide makes latest explosive claim - as Tory MPs vent their anger amid backlash over EU laws 'climbdown'. Follow all of today's politics 👇

Inflation to fall 'rapidly' - but worse interest rate pain yet to come

The governor's statements will give the prime minister hope that he can fulfil his pledges to halve inflation this year and improve the economy, but it will not be smooth sailing.on the impact on mortgages and how much interest rate-related pain was still to come to borrowers, Mr Bailey said:"We think, in terms of resetting and adjustments, about a third possibly has come through so far...

He tweeted:"We should also review the viability of charges like 'conspiracy to cause a public nuisance'. They appear to require very little evidence and almost amount to pre-crime. The prime minister's official spokesperson told reporters that ministers have"been clear that peaceful protest is a vital part of democratic society", but as long as it is"within the law".

In reference to the recently passed Public Order Act that gave police these new powers, the spokesperson added:"We have set out clearly why we have made the changes we have; to stop a small amount of people causing massive disruption."Home secretary says 'good progress' made in police vetting reform - as watchdog highlights some continued failings

Matt Parr CB, who leads the police and fire inspectorates, wrote in summary:"My conclusion is that there have undoubtedly been some improvements since our inspection, but not all forces can demonstrate acceptable progress on some recommendations." She added that the government has today launched the second stage of the inquiry into police forces and vetting, and the College of Policing will"shortly" be published stronger vetting guidelines.TransPennine Express being brought under government control 'shines a very bright light on rail system failures'

"The fact that the Conservatives have had to bring under public control four franchises in the last five years we think demonstrates that the time has come to bring all private operators under public ownership and deliver a unified system," she said.

 

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