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The Latest Breaking News from Darren Jones

OBR error cut £18bn of headroom from Rachel Reeves’ Budget

The error may have contributed to the market jitters that were seen in the wake of the Budget

The Independent UK

We’ve all got Liz Truss PTSD, says minister as he defends market reaction to Budget

Treasury minister says situation after Truss’ mini-Budget ‘completely different in contrast to now’

The Independent UK

Now Reeves faces backlash from GPs, care homes and hospices over national insurance hike

While the NHS and the rest of the public sector have been shielded from the chancellor’s rise in employer contributions to national insurance, GPs and the care sector warn they will face severe strain

The Independent UK

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Treasury minister defends £950-a-day pay of new value for money tsar

Darren Jones suggested the ‘rate of return for the improvements’ overseen by the new value chief will be worth the pay he receives.

The Independent UK

UK politics: Budget’s ‘clean bill of health’ from watchdogs should reassure investors, says Reeves – as it happened

Chancellor, on a post-budget visit to Newcastle, says ‘markets move all the time’

The Guardian - UK

UK still suffering from trauma of Liz Truss, says Treasury minister

Darren Jones says ‘we’ve all got PTSD’ from Truss’s 2022 mini-budget, amid market jitters after this week’s budget

The Guardian - UK

Budget market reaction ‘very different’ from Liz Truss turmoil, minister insists

Treasury minister Darren Jones suggested the UK had ‘PTSD’ from Liz Truss’s mini budget, amid jitters from markets.

Evening Standard

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Applause as Question Time audience member tears into Labour and Tory MPs

AN audience member has been praised on social media as he took aim at the Labour and Tory guests on Thursday night’s Question Time...

The National (Scotland)

Value for money tsar on £950-a-day is value for money, says Rachel Reeves' Treasury deputy

Chief Secretary to the Treasury Darren Jones defended the salary for the new costs-cutting chief

Evening Standard

Jittery markets hold their nerve on Budget £32b borrowing as minister reassures: We've all got PTSD from Truss

Chief Secretary to the Treasury Darren said on borrowing the Government does not ‘think that we are pushing it to the limit’

Evening Standard

Head of government’s new value for money office ‘to be paid £950 a day’

David Goldstone to advise chancellor and chief secretary to the Treasury on ways to cut public spending

The Guardian - UK

Treasury chief secretary and Newsnight’s Victoria Derbyshire in heated Budget tax hike clash

Treasury chief secretary Darren Jones had a heated clash with BBC Newsnight's Victoria Derbyshire over Labour's tax hikes in the Budget on Wednesday, 31 October.

The Independent UK

Hoyle rebukes Chancellor Rachel Reeves over ‘premature disclosure’ of Budget

Ms Reeves has signalled she will rewrite the way Government debt is measured.

Evening Standard

Lindsay Hoyle criticises chancellor Rachel Reeves for early disclosure of budget details – UK politics live

Speaker of the House of Commons says it is ‘evident’ Reeves made significant policy announcements in the media, rather than parliament

The Guardian - UK

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The Guardian - UK

Treasury installs ‘guard rails’ to avoid Liz Truss-style budget meltdown

Rachel Reeves is to seek advice from City experts to ensure big projects’ value for money and reassure markets

The Guardian - UK

Budget 2024: Rayner and Reeves in standoff over funds for social housebuilding

Exclusive: Housing secretary wants billions more to meet new-homes target but chancellor is set to limit spending

The Independent UK

The £40bn question: How will Rachel Reeves balance the books?

Chancellor boosted by a surprise drop in inflation after the cabinet is warned she may need to find £40bn in taxes and borrowing in her Budget, dwarfing previous estimates of the fiscal ‘black hole’

The Guardian - UK

No 10 rejects claim Labour misled voters about tax plans in manifesto – as it happened

Labour set out plans to raise taxes by £7.3bn in its manifesto – but Treasury briefing suggests £40bn in tax rises and spending cuts needed

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The Guardian - UK

How Labour promises have left Rachel Reeves with a giant budget headache

Frustration grows with chancellor locked away in Treasury and facing competing challenges for her historic speech

The Guardian - UK

Starmer steps into cabinet row over P&O to rescue global summit in London

The PM has backed transport secretary Louise Haigh after she called ferry firm a ‘rogue operator’, threatening investment summit

The Guardian - UK

UK must prepare for widespread road pricing, says infrastructure tsar

Sir John Armitt says charging per mile ‘inevitable’ as move to electric vehicles creates £35bn shortfall in tax revenues

The Guardian - UK

Treasury asking ministers to draw up billions of pounds of infrastructure cuts

Exclusive: departments asked to model cuts of up to 10% despite Rachel Reeves’ vow to invest in growth

The Independent UK

Government borrowing surges to higher than expected £3.1bn as Reeves under pressure to raise taxes

The Office for National Statistics (ONS) said public sector net borrowing stood at £3.1bn last month, £1.8bn more than a year ago and the highest July borrowing since 2021

The Guardian - UK

Economists predict higher taxes and borrowing after UK deficit overshoots forecasts – as it happened

Tough budget looms after UK deficit hits £3.1bn in July – ahead of City forecasts of £1.5bn, and soaring over OBR forecast of £100m

The Guardian - UK

Labour ‘putting rail passengers first’, says minister as she blames Tories for prolonging strikes – as it happened

Louise Haigh says she hopes three-year pay deal offered to train drivers will resolve strikes

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