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The Latest Breaking News from Rachel Reeves

Payment systems watchdog to be axed under move to cut ‘stranglehold’ on firms

The Payment Systems Regulator will be disbanded and merged within the Financial Conduct Authority.

Evening Standard

Fact check: FTSE 100 had its best day in five months in January

The index has not seen its best day in decades at any point during Rachel Reeves’ time as Chancellor.

Evening Standard

Starmer denounces benefits system as ‘unsustainable, indefensible and unfair’ in move to slash welfare bill

Keir Starmer has signalled a surprising shift to the right for Labour in attacking the welfare system

The Independent UK

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Benefits crackdown 'doomed to fail', warns senior Blair-era Labour figure

PLANS to crackdown on disability benefits including PIP and Universal Credit are doomed to fail, a senior Blair-era party figure has warned

The National (Scotland)

Starmer tells Labour MPs ‘we cannot shrug shoulders’ over welfare

The Prime Minister said he was ‘not afraid to take the big decisions’ to ‘fix what is broken’.

Evening Standard

What welfare cuts could Labour announce today? From PIP to Universal Credit

Estimates of Labour cuts continue to rise as MPs grapple with ministers

The Independent UK

Chancellor urged not to make PIP cuts that could plunge 700,000 households into poverty

Leading charities have issued the Chancellor a stark warning

The Independent UK

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Chancellor urged to safeguard disability benefits from welfare reform cuts

A number of charities have written to Rachel Reeves arguing that hundreds of thousands of disabled households could be pushed into poverty otherwise.

Evening Standard

Silent Anas Sarwar urged to speak out against Labour welfare cut plans

Scottish Labour leader Anas Sarwar has been urged to take a stand against the £6 billion worth of social security cuts that are reportedly being…

The National (Scotland)

Government will ‘stretch every sinew’ to get young people into work – minister

Environment Secretary Steve Reed said one in eight young people of working age were not in employment or educational training.

Evening Standard

Labour's National Insurance rise set to prompt mass lay-offs, survey finds

HUNDREDS of thousands of businesses are planning to lay off workers due to the hike to employers' National Insurance contributions (NICs), surveys…

The National (Scotland)

Starmer braces for rebellion over welfare cuts as Labour accused of ‘pushing disabled people into poverty’

Labour backbencher warns of ‘deep, deep concern’ from colleagues over planned cuts

The Independent UK

Business leaders urge Rachel Reeves to back Scotland's Acorn project

Business leaders in the north east have joined forces to urge the UK Government to back a major carbon capture and storage project and treat it as…

The National (Scotland)

Business leaders urge Chancellor to back carbon capture project

They said Scotland cannot afford further delays on the Acorn Carbon Capture and Storage (CCS) project.

Evening Standard

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Evening Standard

Labour MP warns against ‘draconian cuts’ ahead of expected welfare reforms

Reforms to the welfare system are expected ahead of the Spring Statement at the end of this month.

The Guardian - UK

Firms hold back on hiring amid ‘significant cost rises’, surveys say

KPMG/REC report shows decline in people being placed in roles continues, while unemployment is rising, says BDO

The Guardian - UK

‘Military Keynesianism’? Reeves faces British defence dilemma after EU spending surge

Even Berlin and Brussels are bending fiscal rules in the face of Russia’s threat. Will the chancellor still stick to hers?

The Guardian - UK

More benefit cuts would risk turning drops of dissent in Labour’s ranks into a flood

The government’s forthcoming green paper on welfare reform is likely to upset even the most loyal backbenchers

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The Independent UK

Scandal of the sick: Ill and disabled benefit claimants die waiting for vital payments

Exclusive: One man has been waiting for almost three years to receive the benefit and finally won a battle to be reassessed – but he’s still waiting

Evening Standard

Keir Starmer shares message to daughter on International Women’s Day

The Prime Minister said that he does his job for her ‘and your generation’, in a post on Instagram.

Evening Standard

Minister pledges ‘best start’ for young women on International Women’s Day

International Women’s Day is marked on March 8.

The Independent UK

Labour told benefits ‘not a lifestyle choice’ as Reeves refuses to rule out PIP cut

Chancellor Rachel Reeves is expected to cut welfare spending in her Spring Statement later this month

The National (Scotland)

Rachel Reeves accused of 'punching down on society's poorest' over welfare cuts

RACHEL Reeves has been accused of “punching down” on some of the poorest in society after she signalled her plans to cut the social security…

The Guardian - UK

‘Don’t punish the vulnerable’: Labour MPs uneasy over planned welfare cuts

Ministers say ‘unsustainable’ rise in spending must be tackled but many backbenchers fear changes will not work

The Independent UK

Voices: We cannot afford to be squeamish about Britain’s defence industry

COMMENT: As pension giants refuse to invest in fighter jets and armaments on supposedly ethical grounds, James Moore argues that it makes better financial sense for fund managers to pile in

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