The Latest Breaking News from Rachel Reeves

Value of heavily indebted company has plummeted more than 90% since it bought chain of 1,400 bookmakers

The Chancellor also said a leak revealing she had dropped plans for an income tax rise was ‘incredibly damaging’.

The Thamesmead DLR extension is a powerful signal and confidence-builder in the market, but it must be the start of a joined-up approach

Chancellor Rachel Reeves has been urged to resign over the chaos in the run up to her financial statement

Downing Street publishes list including ex-Olympic swimmer Sharron Davies and Iceland supermarket chief Richard Walker

UK gilt yields may have dropped a bit relative to other major countries, but it’s not at all clear that the fall with continue

In a boost for Rachel Reeves, deputy governor says analysis shows chancellor’s policies will lower annual rate next year

The final report by the Covid counter fraud commissioner, Tom Hayhoe, found that many schemes were rolled out quickly with significant risks.

Britain’s jobs market appears to have entered a “low-hire, low-fire” freeze, creating stagnation that could affect everyone from school-leavers to professionals. But unlike recessions characterised by mass layoffs, this scenario represents a market in which workers cling to their jobs while newcomers find the door shut.

Dale Vince’s claims over the impact of paying for Sizewell C on energy bills is one of a number of hidden costs which could see consumers pay higher bills - instead of £150 less

The impending collapse of UK carsharing is an embarrassment for a government attempting to curb the dominance of cars, says writer Phineas Harper