MPs’ spending on security soared to nearly £640,000 in the months following the killing of Jo Cox, the Press Association reports.

Figures released to MailOnline under Freedom of Information laws showed that £637,791.63 was spent through the security assistance budget of the Independent Parliamentary Standards Authority (Ipsa) since June 16.

The figure was up to date as of October 26.

Cox was set upon outside her constituency surgery in Birstall, near Leeds, in front of her staff and shocked residents on June 16. Thomas Mair, 53, is accused of repeatedly shooting and stabbing the 41-year-old Remain campaigner a week before the EU referendum vote.

Separate statistics released by Ipsa show that it marks a huge increase on the total £160,000 spent on security for MPs in the 2015-16 financial year, which in itself was more than double the £77,000 in the previous year.

Here is the Guardian’s Politics Weekly’s podcast, with contributions from the Conservative former chief whip Mark Harper, Brexit committee chair Hilary Benn, the American writer and thinker Darrell M West and journalists Ian Dunt, Rowena Mason, Matthew d’Ancona and Heather Stewart.

And, while we’re on the subject of Jeremy Corbyn, you can buy a pair of his shoes - if you pay enough. He has donated them to a celebrity shoe auction in aid of the Small Steps Project, a charity that supports those living barefoot on landfill sites around the world. You can find them here. As I write, the highest bid for them is £300.

Jeremy Corbyn and other Labour MPs are planning to attend special screenings of Ken Loach’s film I, Daniel Blake today as part of the party’s campaign to get the government to abandon its proposed cut to employment and support allowance (ESA), a disability benefit. The screenings are taking place at 450 locations across the UK.

When he was taking questions after his speech this morning Clive Lewis, the shadow business secretary, suggested that schools and colleges were not doing enough to teach young people to think critically. He said:

I think one of the things you are seeing with this government, for six years now, has been a complete failure in terms of apprenticeships, in terms of training, in terms of our approach to schooling and to further education and universities.

This is a little bit of a bugbear of mine. I think our schools and our universities and our technical colleges should have a strict focus on providing people who can come into the workplace and who have those skills and the knowledge to be able to do the jobs that we need them to do. But I’m also keen that schools and colleges and universities produce good citizens, people who can actually take part in a modern, democratic system.

I don’t just want to create automatons and consumers, people who can take and be told what to do, what to think. We want people coming out of school that ask, that have the ability, the critical faculty, to ask questions. Those people are often far more creative in their approaches, and it’s creativity and innovation which is going to be at the heart of the 21st century fourth industrial revolution and we have got to get ahead of that curve.

In a speech to the University of Liverpool Lord Heseltine, the Conservative former deputy prime minister, said people voted for Brexit and Donald Trump because they were “fed up” with “frozen living standards”.

In my experience, if people have frozen living standards for a long period of time, whether it be by-elections, general elections, any test of public opinion, they kick the government.

The western world has gone through as prolonged a period of frozen living standards as in contemporary times. People are fed up. So any attempt made to test their opinion becomes a test about their own self prosperity, or lack of it.

That is happening all over Europe, it has happened now with Mr Trump in America, and if you throw into the mix the most obvious irritant, let’s be frank, immigration, then you have got a toxic mix in appealing to public opinion.

A senior Labour peer is recovering in hospital after being involved in a traffic collision outside Parliament on his mobility scooter, the Press Association reports. Lord Taylor of Blackburn, 87, was injured when his scooter collided with a van on Wednesday evening on a road crossing at Millbank, yards from the House of Lords. He was rushed to a south London hospital, where his condition was said to be “stable”. His injuries are not believed to be life-threatening.

Ukip is likely to be asked to repay tens of thousands of euros by European parliament finance chiefs who have accused the party of misspending EU funds on party workers and Nigel Farage’s failed bid to win a seat in Westminster, my colleague Jennifer Rankin reports.

Britain has hit the United Nations target of spending 0.7% of national income on aid for the third year in succession, according to figures from the Department for International Development, the Press Association reports.

Annual statistics released by DFID showed that the £12.1bn of overseas development aid in 2015 represented exactly 0.7% of the UK’s gross national income (GNI).

However, spending on aid fell below the target when measured by new international accounting standards adopted in 2014, which put the level at 0.66%.

In the Financial Times’ splash today Chris Giles says the Treasury believes that the reduction in growth caused by Brexit will cost the Exchequer £100bn in lost tax revenues over five years.

Philip Hammond will admit to the largest deterioration in British public finances since 2011 in next week’s Autumn Statement when the official forecast will show the UK faces a £100bn bill for Brexit within five years.

Slower growth and lower-than-expected investment will hit tax revenues hard, the official forecasts will show, supporting the Treasury’s pre-referendum warnings that the long-term economic costs of Brexit are high.

Instead of a surplus in 2019-20, as his predecessor George Osborne had promised, Mr Hammond will show a sizeable deficit in that year with the gap between the borrowing forecast for each year in the Budget last March and the Autumn Statement getting bigger every year ...

The consensus of independent economic forecasts, which are generally close to the OBR’s, show mediocre economic growth until 2020 with higher inflation and weaker business investment combining to slow revenues to the exchequer. Once converted by the OBR into likely tax revenues, the deterioration in the public finances will cumulate to around £100bn.

Giles’ story also reveals that the autumn statement will include measures aimed at “Jams” - families who are “just about managing”.

The deterioration in the outlook — which is still a forecast and highly uncertain — will not prevent Mr Hammond from finding room for some tax cuts to help what officials in Whitehall call “Jams”, meaning families who are “just about managing”. But these giveaways will be small compared with the additional borrowing the government will plan. There will not be much room in the public finances to reset fiscal policy with a big stimulus package.

In her meritocracy speech in September Theresa May gave some indication as to what the government means by families who are “just about managing”. She said she was thinking of people earning £19,000 a year, £20,000 a year or £21,000 a year. These people were “not rich” and “not well off”, she said. “You should know you have our support.”

In his Today interview (see 9.15am) Digby Jones also said the government had been irritated by Labour claiming a victory over the defeat of tax credit cuts in the Lords, a Labour motion supported by Liberal Democrats and Tory rebel peers.

The background is Corbyn and McDonnell saying things like ‘we beat the government on tax credits’ when actually the Labour party had nothing to do with it, it was the Lords that defeated them.

Angela Smith, the Labour leader of the House of Lords, angrily refuted that suggestion on Twitter.

Jones said the Lords may not be deterred from “politically flexing their muscles a lot” by a stay of execution. “I find that wrong, I have never been elected,” he said.

I am like a non-executive director of a country, to advise, revise, kick up a bit of a stink but the one thing no one ever participates in a democracy to do is have their democratic people in the Commons overruled by a load of non-elected people.

The Conservative’s have 255 seats in the Lords, Labour have 206 and the Liberal Democrats have 104, meaning Labour and Liberal Democrat peers are able to defeat the government with a progressive majority. There are also 182 crossbenchers not aligned to any party.

There is an urgent question on the Chagos Islands at 10.30am.

Yesterday, in a written ministerial statement, the Foreign Office confirmed that it would not resettle the Chagossian people.

Meanwhile Ed Balls, the former shadow chancellor and a man with a good claim to be the architect of Bank of England independence, has taken time out from his Strictly Come Dancing schedule to co-write a paper proposing a new approach to central bank independence. He wants to keep the Bank independent, but give it more political oversight.

Balls was on the Today programme this morning talking about his ideas. My colleague Graeme Wearden is covering what he said, and the reaction to it, on his business live blog.

Here is some more detail on what Lord Strathclyde actually proposed in his review of the powers of the House of Lords over secondary legislation in December last year. He floated three options, but said the one he recommended was for a new law saying the Lords should only have the right to reject secondary legislation once, and that if the Commons passes the measure a second time, it should go through.

You can tell it’s a relatively quiet news day when the Today programme leads with a story about the powers of the House of Lords in relation to secondary legislation. A year ago David Cameron (remember him?) published a report from Lord Strathclyde, a former Conservative leader of the Lords, saying the Lords should lose the right to veto secondary legislation. Cameron commissioned the report after the Lords blocked a proposed £4bn tax credit cut.

For obvious reasons the Lords were not very keen on the Strathclyde proposals and, since then, we have heard almost nothing about them. Today the BBC’s Laura Kuenssberg is reporting that they have been dropped. She has been told that ministers want a more constructive relationship with the Lords, which is not surprising because Theresa May is going to need every ounce of goodwill she can squeeze out of the upper house as it begins the marathon task of passing Brexit legislation.

Digby Jones, the former CBI chief and trade minister who sits as a crossbench peer in the Lords, has criticised the government’s move. My colleague Jessica Elgot has filed the story:

The government would be making a big mistake to drop plans to curb the power House of Lords, one former minister has said, following reports that the prime minister is to abandon plans to ban peers from overturning legislation.

Digby Jones, the crossbench peer who was minister for trade and investment under Gordon Brown, said the government would “live to regret” backing down on reforming the Lords, which he said had overreached itself in blocking key legislation.

“When you’ve got eight Liberal [Democrat MPs] in the Commons but 100 in the Lords and they want to stay in the EU, I think they’ll rue the day,” he told BBC Radio 4’s Today programme.

Former prime minister David Cameron and his chancellor George Osborne had asked Lord Strathclyde to come up with a method of reforming the power of the Lords, where the Tories do not have a majority, after a number of government defeats in the Lords including an embarrassing defeat on cuts to tax credits.

Jones, a supporter of leaving the EU, said he feared Brexit could be derailed by peers in the House of Lords when various bills are brought before parliament.

“In political legislative managing terms it’s a big mistake,” he told BBC Radio 4 Today. “This stuff is going to be huge coming down the pipes in a few months time. Will the Lords respect what has been done today, to avoid the shackling of democracy, and work with the government? I think the government is hoping yes ... But the point is the Tories will find it more difficult to get legislation through.”

I will post more on this as the day develops.

Otherwise, as I said, it looks very quiet.

Here is the agenda for the day.

8.30am: The IPPR thinktank launches its Economic Justice Commission.

10.30am: David Liddington, the leader of the Commons, takes business questions in the Commons.

11am: Clive Lewis, the shadow business secretary, gives a speech on industrial strategy.

As usual, I will be covering the breaking political news as it happens, as well as bringing you the best reaction, comment and analysis from the web. I will post a summary at after PMQs and another in the afternoon.

If you want to follow me or contact me on Twitter, I’m on @AndrewSparrow.

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