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The Latest Breaking News from Rachel Reeves

New headache for Rachel Reeves as public borrowing hits 100% of GDP for first time since 1961

The public finances have been put under enormous strain by the costs of responding the triple whammy of the financial crisis, the pandemic and the energy crisis.

Evening Standard

Economists have urged Rachel Reeves to loosen the purse strings – here’s why it’s not that easy

A group of economists has publicly urged chancellor Rachel Reeves to reverse her stance on public investment, and relax the Treasury rules that constrain it. They argue in a letter to the Financial Times that low investment is the root cause of Britain’s productivity stagnation, and that the government must…

The Conversation

'My kids won't suffer': Ed Balls on surname bullying trauma

The ex Labour politician chose not to give his children his surname

Evening Standard

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Rachel Reeves to replace No 11 paintings with art of or by women

State room artworks will be ‘of or by women’ as Reeves celebrates becoming first female chancellor

The Guardian - UK

Unite aims to force vote on winter fuel payment at Labour conference

Union motion to condemn cut could prove embarrassing for PM at party’s first gathering since taking power

The Guardian - UK

Another London council issues urgent budget warning over soaring homeless costs

Lambeth council said the government must provide ‘urgent support’

Evening Standard

Labour urged to honour £15 million Tory pledge to feed vulnerable people with excess farm food

After successful campaign by the Standard, charities warn that Rishi Sunak’s pledge risks getting ditched in Rachel Reeves’ Budget

Evening Standard

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Women in UK ‘will be worse off than in 2010 unless public spending rises’

Economists say living standards of poorest women will decline by 21% by 2027-28 if Labour sticks to Tory plans

The Guardian - UK

Government urged to help as shipmaker Harland & Wolff prepares to enter administration – as it happened

Steps are now being taken to reduce headcount at Harland & Wolff, as board concludes the company is insolvent

The Guardian - UK

Automatically enrol young staff into workplace pension schemes, says IFS

Thinktank says with up to 40% of staff on track for inadequate funds even 16-year-olds should be signed up

The Guardian - UK

‘There’s something in the air’: UK airport expansion gears up for takeoff

Lobbyists are increasingly confident about expansion plans as concerns for the economy start to deepen

The Guardian - UK

Tory ‘economic competence’ led Britain to Black Wednesday. Never forget

The anniversary of Norman Lamont’s failure is a timely reminder to Labour not to have its fiscal agenda set by the opposition

The Guardian - UK

Financial leaders and party insiders warn Starmer: we need less gloom, more optimism

PM told his downbeat tone risks putting off investors and that his conference speech must temper realism with hope

The Guardian - UK

The Observer view on the UK economy: Labour is holding back when it should be bold

Ministers should stop wasting their time – and their hefty mandate – trying to make failed Tory policies work

The Guardian - UK

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The Guardian - UK

In ending the winter fuel allowance, this is not the Labour party I voted for

Whatever Rachel Reeves may achieve, she will always be known for this

The National (Scotland)

Ex-Labour MP: Keir Starmer's winter fuel cut will stick 'like Thatcher and the milk'

KEIR Starmer’s decision to take the Winter Fuel Payment (WFP) from all but the poorest pensioners will “stick like Thatcher and the milk” and…

The Independent UK

Union accuses Labour of ‘cruelty’ over winter fuel payment cuts as 780,000 pensioners to miss out

Labour’s biggest union backer has increased pressure over the cuts, putting forward a motion to Labour’s conference this month calling for the move to be reversed

The Guardian - UK

After Labour’s dour start, there’s still hope for sunshine from Starmer and Reeves

The big bet is that cuts in interest rates boost growth. In the meantime, small but meaningful gestures could help soothe the public mood, says Guardian columnist Jonathan Freedland

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The Guardian - UK

‘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 Independent 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

Evening Standard

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

International Business Times UK

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.

The National (Scotland)

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 Guardian - UK

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

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