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The Latest Breaking News from Rachel Reeves

Liz Truss is long gone from Downing Street – but zombie economics lives on

Labour’s panicked reaction to economic turbulence is to promise ‘ruthless’ cuts. That’s not an intelligent answer, says Guardian columnist Aditya Chakrabortty

The Guardian - UK

People’s Pension plans to invest up to £4bn into private market assets

The body which serves more than 6.8 million pension savers is set to start investing a significant proportion into private markets later this year.

Evening Standard

Reeves looking at regulatory reforms in search for economic growth

Chancellor Rachel Reeves said she wanted to ‘tackle the barriers to investment’ ahead of the latest monthly GDP figures and a meeting with regulators.

The Independent UK

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Kemi Badenoch to admit Tory ‘no plan’ Brexit was a mistake

The Conservative leader is set to make a major speech on Thursday where she will accuse Labour of repeating the mistakes of the Tory government she served in

The Independent UK

Tories will tell difficult truths, Badenoch to say in bid to regain voter trust

The Conservative leader is also expected to criticise the Labour Party for announcing ‘mad and bad ideas’ which the Tories rejected when in power.

Evening Standard

Unexpected drop in inflation lifts pressure off Rachel Reeves

UK chancellor has had tough week but latest figure sends yield of UK government bonds tumbling

The Guardian - UK

Britain's Rising Borrowing Costs Threaten Left-Leaning Program

Britain's new government faces challenges with rising borrowing costs impacting spending decisions and economic growth. Explore the implications and strate...

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No 10 accused of having ‘revolving door’ after new Treasury minister embroiled in China row

Emma Reynolds, who replaces Tulip Siddiq, pressed government over foreign influence rules while at lobbyist

The Guardian - UK

Rachel Reeves warned not to target farmers for a second time as she searches for spending cuts

Labour told not to take money from flood defences and farm schemes in wake of inheritance tax raid in the Budget

The Independent UK

OPINION - Unshackle London and the capital will drag Britain out of stagflation

We may not be in recession...yet but the markets have made up their own minds about prospects for the UK

Evening Standard

No shadow cabinet members will be sacked in next four years – Badenoch spokesman

The Conservative leader is ‘very happy’ with her shadow cabinet, her spokesman said.

Evening Standard

PM insists Reeves in post for ‘many years’ amid calls to rule out tax hikes

Conservative Party leader Kemi Badenoch asked Sir Keir Starmer if the country could ‘afford four more years of his terrible judgments’.

Evening Standard

Kemi Badenoch heckled after suggesting Rachel Reeves got job 'because she's female'

KEMI Badenoch was met with outraged shouts after suggesting that Rachel Reeves got the job as Chancellor of the Exchequer because she is a woman ...

The National (Scotland)

Watch live: Keir Starmer faces grilling from Kemi Badenoch in Commons after surprise inflation fall

Watch live as Sir Keir Starmer faces Kemi Badenoch at Prime Minister's Questions on Wednesday, 15 January, after a surprise inflation fall gave a boost to under-fire chancellor Rachel Reeves.

The Independent UK

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The National (Scotland)

Labour Government has no mandate for austerity, Kate Forbes says

KATE Forbes has warned the Labour Government that it does not have a mandate for austerity ...

The Independent UK

Bridget Phillipson dodges question on impact of private school tax raid

As parents and schools complain of chaos, Ms Phillipson refuses to spell out details of the assessment made by the department for education

Evening Standard

Slower UK inflation relieves pressure on Rachel Reeves as financial markets calm

The cost of Government borrowing eased on Wednesday morning in a tentative sign of relief among traders after more heightened economic concerns.

Evening Standard

PMQs LIVE: Keir Starmer and Kemi Badenoch clash after Tulip Siddiq's resignation and inflation fall

PM faces questions over Tulip Siddiq’s resignation as Treasury minister

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Evening Standard

Treasury minister signals cutbacks in some public spending to pour more funds into dash for growth

Cabinet ministers will have to meet face-to-face to come up with departmental savings to fund the Government’s priorities

The National (Scotland)

Labour MPs call Rachel Reeves 'the temp' and compare her to Liz Truss

RACHEL Reeves is being compared to Liz Truss and called a “temp” by her own Labour colleagues ...

The Guardian - UK

Dip in UK inflation offers respite for Reeves and paves way for interest rate cut

Unexpected fall last month will help ease Treasury and Bank of England fears after bond market sell-off

International Business Times

UK Inflation Dips, Easing Some Pressure On Government

Britain's annual inflation rate unexpectedly fell to 2.5 percent last month, official data showed Wednesday, easing some pressure on the Labour government faced with economic unrest.

Evening Standard

Surprise inflation dip provides ‘respite’ for Chancellor amid market turmoil

Chancellor of the Exchequer Rachel Reeves said she will ‘fight every day’ to improve people’s living standards.

The National (Scotland)

Inflation remains above Bank of England target as Rachel Reeves fights for job

UK inflation unexpectedly fell by 0.1 per cent last month as a dip in hotel prices helped offset a jump in the cost of fuel, new official figures…

The Guardian - UK

Fall in UK inflation to 2.5% paves way for Bank of England rate cut

After week of turbulence in markets, ONS data sends bond yields falling and eases pressure on chancellor

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