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The Latest Breaking News from Rachel Reeves

Reeves tells City regulator to encourage more risk-taking in financial sector

New remit given to FCA by chancellor raises fears of a weakening of rules brought in to avert another financial crisis

The Guardian - UK

UK economy under Labour stalls - what that means for you and your money

Labour is facing a headache with its dependency on a growing economy to gather more tax

The Independent UK

OPINION - The Standard View: Business as usual for the soporific UK economy

It is the story of the British economy for the last 15 or so years. No matter the ideology of the prime minister, the content of the Budget or the geopolitical conditions, our GDP continues to grow, or indeed shrink, at a snail’s pace.

Evening Standard

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UK Growth Slows In Third Quarter, Dealing Blow To Labor Government

Gross domestic product (GDP) grew by 0.1% in the July-September period, a slowdown compared to 0.5% growth in the second quarter, the Office for National Statistics said.

Latin Times

Why did the UK economy slow in the third quarter, and what does it mean?

The PA news agency looks at what fresh GDP figures mean for the wider UK economy, households and the Government.

Evening Standard

Reeves ‘not satisfied’ as economic growth slows in third quarter

The Chancellor said she wanted growth to ‘be stronger, to come sooner’ after figures showed a slowdown between July and September.

Evening Standard

Shadow chancellor warns Reeves over EU ties after Bank chief says Brexit harming economy – as it happened

Mel Stride said there must be no suggestion of the UK going back into the EU single market or customs union

The Guardian - UK

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Reeves under fire for Budget 'c**k up' with NI hike on employers hitting London hospices, charities and GPs

Minister defended the huge tax raid to better fund the NHS

Evening Standard

UK Growth Slows In Third Quarter, Dealing Blow To Labour Government

Britain's economy grew less than expected in the third quarter, official data showed on Friday, dealing a blow to the Labour government that has set its sights on growth expansion.

International Business Times

Few expected Britain to boom but the GDP figures will worry the Treasury

Summer slowdown raises questions of whether Reeves’s bleak outlook in the run-up to the budget hindered growth

The Guardian - UK

UK Treasury chief says she's not satisfied by paltry third-quarter economic growth

The British economy’s rebound from recession slowed down sharply in the third quarter of the year with most sectors stagnating

The Independent UK

UK economy shrunk by 0.1% in September, shock GDP figures reveal in blow to Labour Chancellor Rachel Reeves

GDP grew by a meagre 0.1% between July and September, slightly below expectations

Evening Standard

Rachel Reeves targets trade deal with Donald Trump as UK economy stalls

As official figures showed economic growth stalling under Labour, Rachel Reeves said she wanted to boost trade with the US and ‘looks forward to working with president-elect Donald Trump’

The Independent UK

Economic growth slows to 0.1% between July and September

The quarterly estimate was behind economists’ predictions and comes as a blow to Chancellor Rachel Reeves.

Evening Standard

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The Guardian - UK

UK growth slows but December interest rate cut unlikely; vaccine-maker shares hit by RFK Jr nomination – as it happened

Latest UK GDP growth report shows UK grew by just 0.1% in July-September, a slowdown on the first half of the year

The Independent UK

UK plans to create pension megafunds with aim of unlocking $100 billion for investment

British Treasury chief Rachel Reeves says the government plans to merge dozens of pension funds with the aim of unlocking tens of billions of pounds for investment and boosting the U.K.’s sub-par economic growth

Evening Standard

What the papers say – November 15

Here are the biggest stories leading Friday’s front pages.

Evening Standard

Davey to take bus driving lesson in call to scrap fare cap rise

The increase was announced by Chancellor Rachel Reeves in the Budget.

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The Guardian - UK

Bank of England governor says Brexit has undermined UK economy

Andrew Bailey calls for relations with EU to be rebuilt as Trump plans US tariffs

Evening Standard

Rachel Reeves vows to rip up financial red tape and create pension ‘megafunds’ in first Mansion House speech

In her first Mansion House speech as Chancellor, Rachel Reeves announced plans for megafunds which she said could unlock £80 billion for investment

The Independent UK

Pension ‘megafunds’ will boost growth and reward British savers – Reeves

In her first Mansion House speech as Chancellor, Rachel Reeves announced plans for megafunds which she said could unlock £80 billion for investment.

The Independent UK

Watch: Reeves pledges to rip up red tape as post-2008 crash regulation ‘gone too far’

Watch as Rachel Reeves pledges to rip up financial red tape in a major speech, arguing that regulatory changes following the 2008 economic crash have “gone too far”.

The Independent UK

Rachel Reeves fightback to woo the City: I’ll ease banking regulations

Chancellor pledges to lift banking regulations to boost growth as she launches fightback against criticism of her Budget

Evening Standard

Rachel Reeves unveils 'pro-growth' shake-up of excessive City regulation and red tape

Chancellor tells the City she is “clear that the financial services sector must play a central part in our economic vision and our plan for economic growth. “

The Independent UK

Bank of England chief to say UK must ‘rebuild relations’ following Brexit

Andrew Bailey will talk about the importance of economic growth at the annual Mansion House speech in the City of London.

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