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The Latest Breaking News from Rachel Reeves

Labour needs an urgent history lesson. Its plans couldn’t fund a war and won’t boost growth

We are seeing a pale version of military Keynesianism, and for what? That money would be better spent fighting the climate crisis, says Guardian columnist Larry Elliott

The Guardian - UK

Thursday briefing: How Labour’s proposed benefits bill cuts could affect the most vulnerable

In today’s newsletter: The PM has paved the way for the chancellor to overhaul ‘indefensible’ incapacity and disability payments – are there echoes of the Tories’ war on ‘sicknote culture’?

The Guardian - UK

Britain's 'flabby' state to be reformed vows PM Keir Starmer - amid claim civil servants could be paid more

Sir Keir Starmer will set out plans to cut regulation and make Whitehall more efficient in a speech on Thursday

Evening Standard

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PM to attack ‘cottage industry of blockers’ as he vows to cut red tape

Sir Keir Starmer is expected to set out plans to cut regulation and make Whitehall more efficient in an intervention on Thursday.

The Independent UK

Keir Starmer could face biggest rebellion over disability benefit freeze

Exclusive: Dozens of Labour MPs understood to have urged the government to think again

The Guardian - UK

UK drops down list of affluent nations after decade of stagnation, NIESR finds

Districts in Birmingham now ranked below poorest areas of France, Malta and Slovenia as institute urges rethink on planned welfare cuts

The Guardian - UK

Poorest in Britain worse off than Slovenia and Malta after 15 years of stagnant wages, report warns

A damning report found that the worst off in parts of Britain are now poorer than those in Slovenia and Malta after a decade and a half of stagnant incomes

The Independent UK

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No cash Isa shake-up in spring statement, but Reeves still considering cuts

Reduction in maximum amount from £20,000 to £4,000 understood to be longer-term aim for chancellor

The Guardian - UK

Bank of England drops diversity rules for City firms as US rolls back DEI

The Bank’s enforcement arm, the Prudential Regulatory Authority, revealed the decision on Tuesday in the wake of major US firms scrapping diversity goals

The Independent UK

Welsh Secretary asked if she would resign over benefit cuts

Jo Stevens was questioned whether she will vote against any welfare cuts, as she did against similar proposals in 2015, and resign from the cabinet.

Evening Standard

Fact check: Labour’s council tax promise applied to 2023-2024

If they had been in power Labour said at the time they would have frozen council tax in the tax year ending in the spring of 2024.

Evening Standard

The government’s climate plans are still ambitious and on-track, so why is Labour making so much anti-green noise?

With apparent support for airport expansion and fossil fuel exploration, it may look as if the party’s leaders are abandoning climate pledges, but it’s just pantomime, says writer Richard Power Sayeed

The Guardian - UK

Keir Starmer Panics as Labour Revolt Forces Last-Minute Delay on Benefits Cuts Vote

Keir Starmer’s plan to overhaul Britain’s welfare system has hit a major roadblock, as fears of a Labour rebellion forced him to delay the announcement.

The Fashion Central

Fury as Defra closes key nature-friendly farming scheme to new applicants

The abrupt move is described as ‘another shattering blow’ to the sector, which is already at loggerheads with Government.

Evening Standard

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The Guardian - US

The UK’s gamble on solar geoengineering is like using aspirin for cancer

Injecting pollutants into the atmosphere to reflect the sun would be extremely dangerous, but the UK is funding field trials

Evening Standard

Starmer, Reeves and Rayner host International Women’s Day event at No 10

Guests included Olympic athlete Dame Kelly Holmes and actor Anna Maxwell-Martin, alongside faith leaders, musicians, lawyers and others.

Evening Standard

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.

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The Independent UK

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 National (Scotland)

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

Evening Standard

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’.

The Independent UK

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

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

Evening Standard

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.

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 National (Scotland)

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…

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