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The Latest Breaking News from Rachel Reeves

UK interest rates fall to 4.25% as Bank of England announces a quarter-point cut

Move follows run of downbeat economic data and looks to cushion UK from Trump’s trade war fallout

The Guardian - UK

Labour was warned of ‘real and present danger’ to oil and gas sector – Flynn

The SNP Westminster leader was speaking after Harbour Energy announced the loss of 250 jobs.

Evening Standard

Domestic economic woes will wreck Reeves’ budget plans, says thinktank

The forecast said low growth would place the Bank of England in difficult position ahead of next interest rate decision

The Guardian - UK

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Chancellor Rachel Reeves on track to miss fiscal rules by £63billion, says economic forecaster

Economic growth is also on track to be weaker than previously expected this year, according to the National Institute of Economic and Social Research

Evening Standard

Chancellor on track to miss fiscal rules, says economic forecaster

Economic growth is also on track to be weaker than previously expected this year, according to the Niesr think tank.

The Independent UK

Loose Women’s Kaye Adams ‘Devastated’ After STUNNINGLY Being Axed from Role

Kaye Adams has opened up about a painful moment early in her career that left her completely gutted — being axed from what she thought was her big break on TV.

The Fashion Central

Labour MPs urged to focus on future amid post-election discontent

Labour is facing a ‘battle for the very future and the heart and soul of our country’, Cabinet Office minister Pat McFadden said.

Evening Standard

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Rachel Reeves refuses to speak to Scottish newspapers during visit to Scotland

RACHEL Reeves visited Scotland on Wednesday – and refused to speak to any of the country’s newspapers ..

The National (Scotland)

UK-India trade deal will make ‘massive difference’ to Scotland, says Chancellor

The agreement will put ‘more money in people’s pockets’, Rachel Reeves said during a visit to a distillery in East Lothian.

The Independent UK

Reeves insists she understands voters’ concerns after Labour election setbacks

Chancellor Rachel Reeves defended her actions in office as pressure mounted on Labour to U-turn on the winter fuel payment cut.

The Independent UK

Kwasi Kwarteng Claims Rachel Reeves is Not the Real Problem

The global economy is all over the place right now — the war in Ukraine is still grinding on, Trump’s threatening trade tariffs like it’s 2018 are all over again, and tensions with China aren’t letting up.

The Fashion Central

Leftwing values will defeat the right. That’s what Keir Starmer can learn from Australia

Anthony Albanese’s Labor party rejected divisive far-right rhetoric and won with a message of fairness, equality and respect, says Marc Stears, the director of the UCL Policy Lab

The Guardian - UK

UK services sector shrinks for first time in 17 months amid Trump tariff fears

Smaller companies say costs of Rachel Reeves’s tax rises led to them lay off more workers in April

The Guardian - UK

Wes Streeting admits winter fuel payment cuts was factor in Labour election losses as he refuses to rule out rowback

But he said there was no ‘formal review’ under way in Government

Evening Standard

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The Guardian - UK

Tuesday briefing: The levers Labour might pull to counter a growing threat from Reform

In today’s newsletter: Can a partial U-turn on the winter fuel allowance help the party set a new agenda – and keep support for Nigel Farage at bay?

The Guardian - UK

No 10 rethinking winter fuel payment cut after Labour slump in local elections

Exclusive: government fears further electoral losses from unpopular policy as well as from planned £5bn of benefits cuts

The Guardian - UK

UK ministers to meet bank bosses over lending to small businesses

Rachel Reeves concerned that lenders’ restrictions are holding back growth in the SME sector

The Fashion Central

Martin Lewis Breaks Down in Candid Interview as He Steps Away from Work for Family Time

Martin Lewis might be the country’s most trusted voice when it comes to saving money, but behind the calm.

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news in one place.

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The Fashion Central

Rachel Reeves Under Pressure: Public Demands She Brings Back Winter Fuel Payments for ALL Pensioners

Just three weeks after Labour swept into power with a landslide victory, Rachel Reeves made a move that’s still causing political headaches

The Guardian - UK

Labour must avoid ‘naive’ lurch to right after Reform success, Haigh warns

Exclusive: former transport minister criticises party’s direction and calls on Starmer to focus on issues like taxation and welfare reform

The Fashion Central

Desperate Search for Missing London Teen as Mum Begs: “Hanna, Please Just Pick Up the Phone”

A frantic search is underway for 14-year-old Hanna Balcer, who vanished after leaving her family home in London.

The Fashion Central

Rachel Reeves Under Investigation by Watchdog Over Undeclared Tickets Scandal

The Chancellor, Rachel Reeves, has landed herself in hot water after failing to declare free theatre tickets on time.

The Guardian - UK

UK preparing to ban consumers from buying crypto with borrowed funds

Soaring cryptocurrency values after Trump election has put pressure on financial regulator to take tougher line

The Fashion Central

Pensioners Born in These Years Hit Hard by Rachel Reeves’ 'Retirement Tax

A quiet storm could be brewing for some of the UK’s oldest pensioners, as experts raise alarms over what’s being dubbed a “retirement tax”

The National (Scotland)

Rachel Reeves under investigation by standards watchdog over theatre tickets

Rachel Reeves is under investigation by the parliamentary standards watchdog after a late declaration of free theatre tickets.

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