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The Latest Breaking News from Rachel Reeves

‘We need to hear about hope’: unions greet Keir Starmer TUC speech with mixed emotions

Enthusiasm for public sector pay awards tempered by concern over winter fuel payment cuts and job losses

The Guardian - UK

Labour’s £22bn black hole gloom ‘unnecessary and unhelpful’, former BoE chief economist warns

Chancellor’s warnings hampered post-election ‘sense of refresh’, says Andy Haldane

The Independent UK

Starmer confirms no impact assessment of winter fuel payment squeeze carried out

The Prime Minister said he had not received a report setting out the impact of the decision to means-test the benefit

Evening Standard

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Rachel Reeves, Who Earns £159K, Defends £3,700 Claim While Pensioners Lose Winter Fuel Payments

Rachel Reeves defended her £3,700 energy expenses to heat her second home while facing backlash for cutting winter fuel payments for millions of pensioners under new government policies.

International Business Times UK

Keir Starmer and Rachel Reeves' popularity plummets, according to new poll

Public favourability for both Keir Starmer and Rachel Reeves has fallen sharply, according to a poll ...

The National (Scotland)

We did not do impact assessment of winter fuel payment cut, No 10 admits

Spokesperson for Keir Starmer says focus was instead on encouraging pensioners to seek additional support

The Guardian - UK

Can UK avoid national debt almost tripling over next 50 years?

OBR report is not all doom and gloom, but preventing debt rising to 274% of GDP would require tough action

The Guardian - UK

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Bank of England waters down plans to impose tougher capital rules on UK banks

Chancellor says revision of how much lenders must set aside to cope with future crises will bolster growth

The Guardian - UK

Surge in larger homes for sale amid capital gains tax fears, Rightmove says

Speculation Rachel Reeves to raise tax in budget thought one reason for some homeowners cashing out

The Guardian - UK

Long NHS delays in England leading to thousands of unnecessary deaths, inquiry finds

Detailed analysis warns Keir Starmer it will take longer than five years to get waiting times back on track

The Guardian - UK

Triple lock won’t save pensioners from Labour’s winter fuel blunder

Letters: Melanie Henwood on the impact that the government’s decision will have this winter on those who are old and cold. Plus letters from Pauline Cartwright and Paul Marsden

The Guardian - UK

UK Economy Stalls, Dealing Blow To New Government

Britain's economy stalled again in July, official data showed Wednesday, dealing a blow to the new Labour government that has put growth expansion at the top of its priority list.

International Business Times

Amazon To Invest GBP8 Bn In UK In Boost For New Labour Govt

US tech giant Amazon is to invest GBP8 billion ($10.5 billion) in Britain over the next five years, creating thousands of jobs via its web services arm, the company and UK government announced Wednesday.

International Business Times

Rachel Reeves warned tax rises could damage growth as economy flatlines for second month in a row

Chancellor says that change will not happen ‘overnight’ after latest disappointing economic figures

The Independent UK

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The Independent UK

Labour MPs expensed over £400,000 for energy bills before axing winter fuel payments

MPs are able to pay for some energy bills using taxpayer money under the current expenses rules

Evening Standard

Summer of sport saves GDP from a surprise slump in July as economy stalls

Flatlining economy in the month Labour came to power is a disappointing backdrop to preparations for key Budget in October

The Independent UK

Economy flatlines as UK sees no growth for second month in a row

Chancellor Rachel Reeves said she is under no illusion about the scale of the challenge for Labour

The Guardian - UK

Why did Starmer cut the winter fuel allowance? It’s called Treasury brain – and that spells trouble

It has struck again, the notorious syndrome that causes Chancellors to identify cost savings that look ingenious on a spreadsheet but turn out stupid in the real world, says Guardian column Rafael Behr

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The Guardian - UK

Reeves announces £8bn UK investment by Amazon’s cloud computing arm

Chancellor says move will create as many as 14,000 jobs at firm’s datacentres and in a range of other industries

The Guardian - UK

‘We’ll get the blame’: tensions simmer within Labour over winter fuel cut

While Commons rebellion was small-scale, behind the scenes, anger over handling of the policy is said to run high

The Guardian - UK

Critics of winter fuel payment cut to fight on after government wins vote

Opponents plan to push ministers to look at extra help for most vulnerable people in England and Wales

The Guardian - UK

The Guardian view on Labour’s strategy: focus on fixing Britain, not fiscal deficits

Editorial: Ministers have much bigger problems to deal with than principled dissent, and that’s where the government’s attention should be directed

The Independent UK

Keir Starmer stares down Labour MPs’ revolt over winter fuel payments as rebellion fizzles out

Sir Keir Starmer has seen off the biggest rebellion of his premiership so far with just one Labour MP voting against the winter fuel payment cut for pensioners

The Guardian - UK

Starmer and Reeves are playing a dangerous game. How much more do they think Britain can take?

We have rusty playgrounds and rundown town centres, yet the government fixates on its ill-conceived plan to penalise pensioners, says Guardian columnist John Harris

The Independent UK

Martin Lewis slams councils for acting like the ‘worst loan sharks’ over tax collection

The Local Government Association, which represents councils, said authorities should strive to work with people who are struggling to meet their council tax bills

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