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The Latest Breaking News from James Murray

French pair in box seat for Syd-Hob win, but protest in

A small yacht crewed by two Frenchman is in top spot for overall honours in the Sydney to Hobart - but they must answer to a protest lodged by a competitor.

AAP

Treasury launches inquiry into budget leaks with ‘full support’ of Rachel Reeves

It comes after major policies such as freeze on income tax thresholds were reported in chaotic build-up to budget

The Guardian - UK

Treasury minister: inquiry into pre-Budget leaks under way

James Murray, a Treasury minister, told MPs that a leak inquiry is ‘under way with the full support of the Chancellor’.

Evening Standard

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Hunt launched for sources of pre-Budget leaks after Reeves criticism

The leaks culminated in the unprecedented early publication of the Office for Budget Responsibility’s economic and fiscal outlook

The Independent UK

Labour MP Markus Campbell-Savours suspended after rebelling against Reeves’s tractor tax

Dozens of Labour MPs abstained from the vote in a fresh blow to Rachel Reeves

The Independent UK

Government urged to review farming inheritance tax plans after Commons vote

Backbenchers argued the measure failed to tackle "abuse by the celebrities and the billionaires" who buy farmland to avoid paying a full inheritance tax bill

The Independent UK

OBR chief Richard Hughes resigns amid growing chaos over Budget as PM defends Chancellor

Treasury minister James Murray told the Commons that the Government backs a ‘deeper forensic investigation’ into previous Office for Budget Responsibility (OBR) disclosures

Evening Standard

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Government ‘taxing oil and gas sector to death’, claims trade body

The Chancellor was told Aberdeen was ‘not going down without a fight’.

Evening Standard

Government borrowing figures exceed forecasts in pre-Budget blow to Rachel Reeves

With public sector borrowing surpassing predictions, the government faces further challenges just days before the Budget

Evening Standard

Government borrowing higher-than-forecast in pre-Budget blow to Chancellor

The Office for National Statistics said public sector borrowing stood at £17.4 billion last month, above the £14.4 billion official forecast.

The Independent UK

UK university halted human rights research after pressure from China

Exclusive: Leading professor at Sheffield Hallam was told to cease research on supply chains and forced labour in China after demands from authorities

The Guardian - UK

Treasury urged to set out plan to ‘un-gum’ housing amid call to axe stamp duty

Sir Mel Stride likened Chancellor Rachel Reeves to Captain Mainwaring from Dad’s Army.

Evening Standard

Ministers barred from using emergency Treasury funds for public sector pay rises

The Treasury is limiting access to the reserve for departments ahead of the Budget.

Evening Standard

UK Treasury tells ministers not to expect bailouts from its reserve fund

Departments told to manage their own cost pressures as finance ministry seeks to curb overuse of contingency fund

The Guardian - UK

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The Independent UK

No more bailouts to fund public sector pay rises, cabinet ministers warned

Labour chancellor Rachel Reeves tightens purse strings ahead of difficult Autumn Budget

The Independent UK

Tax rises ‘inevitable’, experts warn after borrowing soars in another blow for Rachel Reeves

Labour chancellor facing increasing pressure to rescue the UK’s troubled finances

Evening Standard

Home Office to lodge appeal in last-minute migrant returns deportation case

Senior Treasury minister James Murray rejected suggestions that Labour had forgotten its values.

The Independent UK

Food prices are still rising despite inflation holding steady. Here’s why

August’s inflation rate of 3.8 per cent means that if an item cost £100 a year ago, it would now cost £103.80

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Evening Standard

Why are food prices rising and what does it mean for me?

August’s inflation rate of 3.8% means if an item cost £100 a year ago, it would now cost £103.80.

Evening Standard

Stocks slide and pound dives as bond yields spike

The FTSE 100 index closed down 79.65 points at 9,116.69.

The Guardian - UK

Reshuffle gymnastics prepare Starmer to walk tricky budget tightrope

Economists say new team could help push back against Treasury but PM needs to spell out what he stands for

Evening Standard

Starmer insists Downing Street shake-up is ‘second phase’ not reshuffle

The Prime Minister said he wanted to focus on ‘delivery, delivery, delivery’.

The National (Scotland)

Keir Starmer brings back ex-Tony Blair comms chief in mini-reshuffle

Keir Starmer has brought back a former adviser in Tony Blair's government as part of a mini-reshuffle of the UK Cabinet ...

The Independent UK

Starmer appoints Darren Jones to new role as PM’s chief secretary

Mr Jones will be based at No 10 and ‘directly oversee work across Government to support the delivery of the Prime Minister’s priorities’.

Evening Standard

Rising star Darren Jones named chief secretary to PM in Downing Street shake-up

Mr Jones will be based at No 10 and ‘directly oversee work across Government to support the delivery of the Prime Minister’s priorities’.

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