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The Latest Breaking News from Rachel Reeves

Britain's Treasury chief vows to run the economy with 'iron discipline' amid demands for pay raises

Britain’s new Treasury chief says she will run the economy with “iron discipline.”

The Independent UK

Growing UK’s services-based economy was never going to be easy

High interest rates are needed to reduce wage inflation but productivity improvements are harder to chisel out

The Guardian - UK

Rachel Reeves doubles down on refusal to scrap two-child benefit cap

Scrapping the policy would lift an estimated 300,000 children out of poverty

The Independent UK

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Reeves hints public sector workers could get above-inflation pay rises

Independent pay review bodies for teachers and NHS staff have reportedly advised increases of about 5.5%

The Guardian - UK

Chancellor Rachel Reeves promises ‘big bang’ for pensions in bid to boost growth

Pensions minister Emma Reynolds will lead a review of the pensions landscape

The Independent UK

Rachel Reeves signals she will give inflation-busting pay hikes for public sector workers

The chancellor has promised a decision this month on whether teachers and NHS staff will be given a recommended 5.5 per cent pay hike

The Independent UK

Chancellor promises ‘big bang’ for pensions in bid to boost growth

Pensions minister Emma Reynolds will lead a review of the pensions landscape.

Evening Standard

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Rachel Reeves pledges ‘big bang’ for private pension funds

Chancellor says industry taskforce will allow retirement scheme managers to increase pension pots by up to £11,000

The Guardian - UK

Pension reform is the key to unleashing investment boom and turning round stock market

Britain needs fewer and much larger funds that can diversify risks and invest in range of assets

The Guardian - UK

A respectful question for Labour: do you have any real change?

The new government has promised things will be different: but when it comes to spending, we seem stuck on old Tory policies

The Guardian - UK

Who is on Sunday with Laura Kuenssberg? See the full guest list

CHANCELLOR Jeremy Hunt is set to appear on Laura Kuenssberg's Sunday morning politics show ...

The National (Scotland)

Optimism surges in Britain – but how long can Labour’s honeymoon last?

Number of voters upbeat about the UK rises from 31% to 45% – but feelgood factor may be short-lived with key challenges on the horizon

The Guardian - UK

Call off the search to discover Starmerism. It is already beginning to reveal itself

The meaty king’s speech heralded several striking and radical departures from the Tory years that came before

The Guardian - UK

Pay bodies to recommend 5.5% rise for teachers and NHS staff, report says

Above inflation deal could lead to government having to find an extra £10bn in total across the public sector

The Guardian - UK

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The Independent UK

Public sector pay rises could cost up to £10bn, economist warns

Extra money can only come from higher borrowing, higher taxes or cuts in spending, says expert

The Guardian - UK

Labour says higher-than-forecast UK borrowing shows economic challenge ahead

Treasury says it has received worst postwar inheritance as figures reveal £14.5bn deficit in June

The Guardian - UK

Starmer will bin the two-child benefit cap and outdo New Labour on tackling poverty – I’ll bet on it

On the Aylesbury estate in London this week, I met residents who recall the impact Blair had. This government will go even further, says Guardian columnist Polly Toynbee

Evening Standard

Gloomy economic data deals fresh blow to new Chancellor Rachel Reeves

The scale of the challenge facing Britain’s new Chancellor Rachel Reeves was laid bare today after a flurry of fresh data betrayed an economy stuck in reverse gear and a Treasury saddled with ballooning deficits.

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The Conversation

How the UK’s new government is promising to kickstart the economy – and what it still doesn’t have an answer for

The new Labour government has fully laid out its plans for the UK in its first king’s speech to parliament. There were 40 new bills in the speech, aimed at setting a clear agenda focused on growing the economy and improving living standards for working people. And yet there were…

Evening Standard

OPINION - Will Starmer's interventionist King's Speech actually boost economic growth?

As President of the Board of Trade in the 1990s, Michael Heseltine famously declared his intention to intervene "before breakfast, lunch, tea and dinner" to support British business. And this is not a bad description of today's King's Speech, the first under a Labour government for 14 years (technically, the first…

The Guardian - UK

Keir Starmer appoints two influential leftwing critics as government advisers

Both had warned against ditching £28bn green spending pledge and urged scrapping of two-child benefit cap

The Guardian - UK

The king’s speech sounded a bit like Labour governments of old. But only a bit

There is to be action but not a tax-and-spend splurge – just patient changes that will take time to pay off

The Guardian - UK

From magic acts to Goldman Sachs and beyond: the US finance whiz helping kickstart UK growth

Tracy Blackwell, boss of the Pension Insurance Corporation, has worked her way from up Baskin-Robbins and survived a shipwreck disaster (for her possessions), to lead a company set to work closely with the new chancellor

The Guardian - UK

Buses, trains and bicycle paths: Labour’s mission to decarbonise UK transport

Environment experts call for bold action as party attempts to revamp creaking infrastructure to hit net zero

The Guardian - UK

‘Grey belt is a misnomer’: Stockport divided on Labour’s housing plans

High Lane residents have already fought one battle against new homes. But some welcome government’s proposals

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