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The Latest Breaking News from Rachel Reeves

Burnham brings in top economists before possible leadership run

Labour mayor giving advisory roles to ex-Bank of England economist and others seen as attempt to reassure markets

The Guardian - UK

Heathrow third runway likely to affect health of millions nearby, official report warns

Expansion could also harm access to housing, education, healthcare, open spaces and transport, analysis says

The Guardian - UK

All of a sudden Labour is rushing to do some good. Call it the ‘Burnham effect’

The end of outsourcing government jobs is just one progressive idea set in motion in this pivotal byelection week, says Guardian columnist Polly Toynbee

The Guardian - UK

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Heathrow third runway: Sadiq Khan slams airport expansion 'rushed' by Starmer and Reeves as Burnham eyes No10

A public consultation on the masterplan for a bigger Heathrow will run only until the end of August as Labour rival Andy Burnham ’marches’ on Downing Street

Evening Standard

Reeves warns Labour not to ‘deviate’ from fiscal rules

The Chancellor issues a message to potential Labour leadership challengers.

Evening Standard

Makerfield by-election result live: Burnham faces anxious wait over securing path back to Westminster

Reform UK worries over losing support to Rupert Lowe’s Restore Britain, which may split the right-wing vote

The Independent UK

Makerfield by-election: Could Andy Burnham be Labour's lucky general as he marches on No10?

The economy may pick up, NHS waiting lists fall further and immigration be partly defused as a political issue

Evening Standard

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Rejoining customs union would not fix damage caused by Brexit, research finds

Exclusive: Economists find Brexit caused 12% depression in UK exports, most of which is due to leaving single market

The Guardian - UK

‘Tax break tart’: hospitality tipped to exploit summer VAT cut on children’s meals

As bosses ridicule the chancellor’s scheme, one venue is offering a £25 ‘kids’ menu of snails and anchovy butter toast

The Guardian - UK

Defence secretary quizzed by MPs over timing of Russian oil tanker seizure

Dan Jarvis says vessel tracked for several days as opposition suggest decision linked to his predecessor’s resignation

The Guardian - UK

Ministers could give billions raised by business rates to England’s regions

Exclusive: Devolving tax is part of plans to give local areas more power in areas including justice, health and education

The Guardian - UK

Healey showdown raises fresh questions over Starmer-Reeves power dynamic

Former defence secretary’s accusation, that PM lacks impetus and is easily swayed by chancellor’s demands, is familiar territory

The Guardian - UK

Labour’s woes are like a slow-motion car crash – and Keir Starmer isn’t even in the driving seat

More resignations, more possible leadership challenges and dubious ‘sources’ – the PM has lost control of his own political agenda, says Guardian columnist Marina Hyde

The Guardian - UK

Reeves grudgingly resorts to departmental salami slicing to fund UK defence budget

Starmer shows no will to pursue the main options for rising commitments: spending cuts, tax rises or borrowing

The Guardian - UK

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Evening Standard

The UK economy contracted by 0.1% in April

In the three months to April, GDP grew by 0.7 per cent, according to the Office for National Statistics

The Independent UK

UK economy shrank by 0.1% in April following impact of Iran war

Rachel Reeves acknowledged that the war in the Middle East was hitting the economy

The Independent UK

This is John Healey’s finest hour

THE INDEPENDENT VIEW: Editorial: By resigning in protest against the government’s attempted fudge on defence spending, the former cabinet minister has forced Keir Starmer and Rachel Reeves – or their successors – to clarify the choice facing the nation

The Guardian - UK

John Healey quitting defence puts a time bomb under No 10. He is a loyalist: this is no ordinary departure

He served through the eras of Blair, Brown, Miliband and Corbyn in a party that knows and respects him. It will matter that even his patience has run out, says Guardian columnist Gaby Hinsliff

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The Guardian - UK

Polite but deadly: John Healey skewers Keir Starmer as he heads for the door

The defence secretary’s departure was the wrong resignation at the worst possible time for the prime minister

Euronews

UK armed forces minister resigns hours after defence secretary over military spending plans

Dan Jarvis, a former army officer and the Labour MP for Barnsley North, has since taken over as defence secretary.

The Independent UK

Rachel Reeves says the government may need to raise taxes – here’s why

IN FULL

The Independent UK

Rachel Reeves opens door to tax rises to pay for defence

‘Money has to come from somewhere, and borrowing cannot always be answer,’ chancellor says

The Guardian - UK

Rows over defence investment plan ‘have badly harmed cabinet relations’

Sources say much delayed Dip is close to sign-off but only after some of the Labour government’s worst infighting

Evening Standard

BP says it paid £1.2bn in UK taxes last year amid Government plans to raise more

The energy firm said the total amount of taxes paid in 2025 include £422 million raised from the energy profits levy.

Evening Standard

Heathrow third runway: Furious row erupts over London say on 'fast-tracked' airport expansion plan

Exclusive: Chancellor Rachel Reeves warned not to ram through ‘half-hearted’ public consultation on airport expansion to be published ‘in weeks’

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