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The Latest Breaking News from Rachel Reeves

The King of the North needs a lesson from the City before ever entering No 10

Andy Burnham’s vision for nationalisation exposes the gap between ambition and affordability with the bond markets quietly deciding what’s really achievable, writes Chris Blackhurst

Evening Standard

Treasury rejected ministers’ plan to cut VAT on public EV charging to 5%

Department for Transport is understood to back reducing levy, which critics have called a ‘pavement tax’

The Guardian - UK

Voices: ‘Tinkering around the edges’: Readers say Rachel Reeves’ cost of living package doesn’t go far enough

YOUR VIEWS : Our community has criticised the chancellor’s new cost of living plans, arguing they’re too small to tackle Britain’s rising bills and household hardship

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Reeves’s tax cut on children’s meals a political ‘soundbite’, say restaurateurs

Chancellor’s measure to help families save money during summer holidays ‘won’t make any difference’

The Guardian - UK

Reeves begins push to remain as chancellor under new Labour leadership

Chancellor’s allies urge MPs to back her if Keir Starmer is replaced, saying she is only candidate to safeguard UK’s finances

The Guardian - UK

The Guardian view on Britain’s coming energy shock: mini-measures won’t suffice

Editorial: Consumer giveaways may soften the blow from the the war on Iran. But Britain’s vulnerability demands deeper state intervention and a faster transition

The Guardian - UK

Labour urged to ‘go further’ on cost of living crisis – here’s what the experts want

People are ‘already struggling now’, one charity chief warned

The Independent UK

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Digested week: memories of Covid resurface with hantavirus and Ebola news

Plus, John Travolta’s beret, Rachel Reeves reclaims basic civility and Judy Garland comes to east London

The Guardian - UK

UK borrows more than forecast in April as inflation adds to benefits bill

The £24.3bn figure comes amid rising cost of pensions as bond market jitters take monthly debt interest to £10.3bn

The Guardian - UK

UK borrowing surges by more than expected in latest blow to Chancellor

The ONS said borrowing was £4.9 billion higher than a year earlier

The Independent UK

Borrowing surges by more than expected in blow to Chancellor amid Iran war woes

The ONS said borrowing was £4.9 billion higher than a year earlier at £24.3 billion last month.

Evening Standard

High hopes dashed: UK cost-of-living woes snare PM Starmer

Britons are unhappy with Prime Minister Keir Starmer's government. Cost of living worries are high. Economic problems persist since 2008. Recent global conflicts have worsened inflation. Food and fuel prices have increased significantly. Government measures aim to ease the burden. Slow productivity growth is a long-term challenge. Voters may lack…

The Economic Times

UK bond yields set for biggest weekly drop since 2024; retail sales fall as drivers cut back on fuel - as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

VAT cut announced for UK summer attractions as Reeves unveils cost-of-living package

In a move to bring relief to families this summer, Chancellor Rachel Reeves has rolled out an unexpected VAT reduction on seasonal attractions, drastically lowering it from 20% to a mere 5%. This initiative, dubbed 'Great British Summer Savings,' is designed to encourage families to indulge in more recreational activities.

The Times of India

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The Independent UK

Bulletin PM briefing: Reeves slashes prices for families and Andrew trade papers revealed

Five things Rachel Reeves has announced as VAT is cut for families. Documents reveal details of Andrew’s trade envoy appointment – including late Queen’s involvement. NHS sacks 11 staff who accessed Nottingham attack victims’ medical records. UK net migration falls sharply but half of Brits think otherwise. Police make five…

The Independent UK

Starmer to help campaign for Andy Burnham at Makerfield by-election amid leadership challenge bid

The Prime Minister said he wanted the ‘whole Labour movement’ to be involved in the vital by-election

The Independent UK

There is only one way Labour can win the North Sea oil and gas debate

ANALYSIS: Proponents of keeping North Sea oil and gas in the ground are repeatedly focusing on energy security and economic arguments. But it is only by making the climate argument that they will actually win the debate, explains Nick Ferris

The Guardian - UK

Manchester messiah Burnham anointed to fix Westminster politics

King of the north searches for the hero inside himself to an Oasis backing track to change politics for the better

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The Independent UK

Why health experts have hit out at Rachel Reeves’ food price cuts

IN FULL

Evening Standard

Reeves targets oil and gas profits with plans to close tax loophole

The Chancellor hopes reforms to taxation of overseas activities will bring in ‘hundreds of millions of pounds’.

The Independent UK

What’s included in Reeves’ cost of living plan, what isn’t, and who will really benefit?

NEWS ANALYSIS: Political editor David Maddox looks at a cost of living announcement by the chancellor which appeared to reflect a political obsession with plumbers and was missing major items

The National (Scotland)

'Drop in the ocean': Rachel Reeves mocked over flagship cost of living pledge

RACHEL Reeves’s flagship cost-of-living support measure has been derided as a “drop in the ocean”.

AAP

UK offers cheaper chocolate and tickets to the zoo in bid to ease cost of living squeeze

The British government is offering cheaper chocolate and discounted theme park entry to ease the cost-of-living squeeze triggered by the Iran war

Evening Standard

What are the Chancellor's new cost of living measures set to boost London days out this summer?

Announcing the ‘Great British Summer Savings scheme’, Rachel Reeves said it was important families are ‘able to enjoy time together without worrying about the next bill’

The National (Scotland)

Rachel Reeves told off in front of Parliament for announcing policy on TikTok

TIKTOK should not be the first place to hear about new Government policy, the Chancellor was warned as she made a statement on cost-of-living…

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