Keir Starmer to hold emergency Cobra meeting in HOURS over impact from Iran war

Keir Starmer to hold emergency Cobra meeting in HOURS over impact from Iran war
WATCH: Keir Starmer launches Labour's local elections campaign |

GB NEWS

Ben McCaffrey

By Ben McCaffrey


Published: 31/03/2026

- 07:48

Updated: 31/03/2026

- 10:43
Ben McCaffrey

By Ben McCaffrey


Published: 31/03/2026

- 07:48

Updated: 31/03/2026

- 10:43

Stay up-to-date with all the latest political coverage from GB News below

Sir Keir Starmer is set to hold an emergency Cobra meeting in a matter of hours to address the economic impact of the war in Iran.

The Prime Minister confirmed GB News yesterday the meeting will "look at the economic impacts of the war" - which Donald Trump has confirmed could end without the reopening of the Strait of Hormuz.


Sir Keir said the meeting will aim to "make sure that everything we need to have in place, everything is monitored and audited properly".

This is the "single most effective way to bring energy prices down," Sir Keir said.

The emergency meetings come as fuel prices are still sitting at above $100 (£75) amid the continued closure of the pivotal strait.

He had told business chiefs in Downing Street on Monday to pitch in with a "joint effort" to tackle the impact of the war, saying the Government "can't do it on its own".

"The Government can’t do it on its own. You can’t do it on your own," he told the room of executives from firms such as Shell, BP, HSBC, Goldman Sachs and shipping giant Maersk.

"We’re going to have to work together on this."

FOLLOW BELOW FOR LIVE UPDATES THROUGHOUT THE DAY…

PICTURED:  Sir Keir Starmer welcomes President of Syria Ahmed al-Sharaa at Downing Street 

Chagossians given right to live on island in major victory over 'surrender' deal

Chagossians have been allowed to remain on their ancestral islands in a major victory for campaigners, following a judicial review.

Following widespread controversy surrounding Sir Keir Starmer's "surrender deal" of the British Indian Ocean Territory to Mauritius, the High Court has ruled in favour of the indigenous community and their right to "abode".

Following the judicial review heard on March 13, 2026, the Court has granted the claim and ruled that the long-standing removal of the Chagossians' right of abode is "unlawful", ordering that it be "quashed".

Misley Mandarin, Interim First Minister of the Chagossian people, said: "Today justice has finally begun to catch up with history. For generations we have lived with exile, with loss, and with the denial of our most basic rights.

READ THE FULL BREAKING STORY HERE.

ANALYSIS: Today's grooming gangs announcement offers hope for thousands of victims - and the state cannot hide

The Government's grooming gangs terms of reference announcement is a major step forward in the progress of the investigation.

This is one of the worst scandals in our country’s history since the Second World War. The Government has to get this right.

But after the release of the draft terms of reference last year, the language and direction suggested that the team behind the probe had not recognised the scale of the crisis ahead of them, nor the hunger for justice and full examination.

To start with, the team said it would not be an “exhaustive” investigation and that it would not look back further than 2000.

READ THE FULL ANALYSIS HERE.

'This is not the time to dodge difficult questions,' says Labour MP on grooming gangs

James Murray MP, Chief Secretary to the Treasury, insisted now is "not the time to dodge difficult questions" about the grooming gangs scandal.

Speaking to GB News this morning, Mr Murray said: "This is not the time to dodge difficult questions; this is the time to ask any difficult questions, confront difficult issues, and make sure we are getting the answers."

He was then asked about the sky-high fuel duty, which reportedly could see an additional windfall upwards of £20million per day amid rising fuel prices. He said: "It's not as straightforward to say there is more money coming in," because people spend less on other products, ultimately reducing VAT income from elsewhere.

When pushed by GB News's Mark White on the windfall inevitably increasing revenues for the Treasury, he said: "Higher energy prices, higher fuel prices, would be bad for everyone."

He added: "Tomorrow, energy price cap is going to fall... because of decisions the Chancellor took in the budget in November, energy prices will fall tomorrow, and they will stay lower for April, May and June."

Mr Murray was then questioned by Dawn Neesom on whether the 5 per cent pay increase for MPs had come at a good time: "No, no it hasn't to be honest," he responded.

"An independent body decides it, but it's not great that that's what they decided, to be honest."

But when asked whether he would refuse it, he confirmed: "No, I don't think MPs should get into that habit because it may put pressure on those to do so who might need it."

Grooming gangs inquiry WILL investigate impact of ethnicity, culture and religion

The grooming gangs inquiry has published its terms of reference, confirming it will probe whether ethnicity, culture or religion played a part in the nationwide scandal and the response to it.

The statutory independent inquiry was announced last year by the Prime Minister, a few months after he accused those who called for one of jumping on a "far-right bandwagon".

The terms of reference will now be laid before Parliament when it returns from recess on April 13.

After that, its full investigation into the group-based sexual exploitation of children in England and Wales will formally begin.

READ THE FULL STORY HERE.

'The NHS needs to be there for the population!' Says healthcare chief

Sir Jim Mackey, chief executive of NHS England, has expressed his disappointment with the latest breakdown in talks between the Government and resident doctors, resulting in another six-day walkout next month.

"We were all very disappointed when the decision was made last week to reject it and immediately go to strikes," Sir Jim told LBC.

"That said it’s not over yet.

"Colleagues will meet today and I really hope that we can reach agreement because it has been very, very disruptive for everybody.

"The NHS needs to be there for the population, so the disconnect with the population has been the big concern over recent years."

WATCH: Andrew Bowie tells GB News the public will be 'aghast' at Rachel Reeves's 'profiteering'

Government has 'shifted the goalposts' of pay offer 'at the very last minute,' says union boss

The Government has been accused of "shifting the goalposts" of its pay offer to resident doctors "at the very last minute," according to British Medical Association resident doctors' committee chief Dr Jack Fletcher.

Sir Keir Starmer is said to have issued resident doctors a 48-hour ultimatum yesterday and accused them of "recklessly" walking away from a pay deal after they announced a latest round of strikes, set to last six days in the second week of April.

Dr Fletcher told the BBC: "In the very last minute, the Government has shifted the goal posts of the pay offer that they were discussing, that we were discussing collectively a few months ago. I am very, very happy and willing to sit down and talk constructively once again. We’ve made clear to the Government what it would take to essentially get back to where we were."

He added: "I think making threats about withholding jobs from doctors and essentially stopping doctors from caring for patients, I don’t think is a realistic way or a credible way of ending this dispute.

"It will end in a negotiating room – I’m very happy to sit down with the Government at any point to try and negotiate a settlement, but I don’t think that’s done by writing in newspapers and issuing threats unilaterally."

Asked if he was initially in favour of putting the pay offer to members, Dr Fletcher said: "Two weeks ago, the Government took that investment, reduced it, and then stretched it over three years. That is a very, very, very different outcome to the one that we were discussing just two weeks ago."

He added: "I’ve been really clear to the Health Secretary in person last week that this does not represent a credible offer, and it does not go far enough."

GDP growth for 2025 REVEALED as ONS confirms UK economy barely grew under Rachel Reeves

The UK's gross domestic product (GDP) rate grew 1.4 per cent over 2025 with the economy "growing a little" last year, according to the latest figures from the Office for National Statistics (ONS).

Based on the latest figures from the statistics body, economic growth over the period jumped by unrevised 0.1 per cent in the final quarter of 2025 as Chancellor Rachel Reeves attempts to bolster the economy.

Notably, the ONS kept its forecast for the October to December quarter unchanged, after an unrevised growth of 0.1 per cent in the previous three months.

However, the institution raised its projection for the year as a whole to 1.4 per cent, up from the previous growth of 1.3 per cent recorded for 2025.

READ THE FULL BREAKING STORY HERE.

What's on Labour's agenda today?

The big event for the day will be the emergency Cobra meeting, announced by Sir Keir Starmer yesterday. He said the meeting will "look at the economic impacts of the war."

The Conservatives are launching a draft "Get Britain Drilling Now Bill," and GB News will be joined by Shadow Scottish Secretary Andrew Bowie at at around 8.05am to discuss this further.

Reform UK's Nigel Farage and Robert Jenrick are expected to be in action again. They'll be drumming up support for new cost-of-living plans.

Today also marks the deadline for the grooming gangs inquiry to publish its final terms of reference. It should mean the start of the three-year national inquiry.

Finally, at midnight last night, Rishi Sunak's 2023 three-year migrant deal with France expired. Talks are said to have hit a standstill...

READ THE FULL STORY ON THE MIGRANT DEAL HERE

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