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The Latest Breaking News from Rachel Reeves

Scots who re-mortgage next year will pay extra £190 a month, Labour claims

The party estimates that 546,600 households in Scotland will re-mortgage by 2026.

Daily Record

What are the main U-turns Labour has made under Keir Starmer?

From abolishing tuition fees to raising income tax for top earners, several pledges have been reversed

The Guardian - UK

Monday briefing: Labour’s key U-turns under Keir Starmer

In today’s newsletter: the Labour leader may well win the next election – but why are so many of his policies being ditched?

The Guardian - UK

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Labour’s childcare plans ‘have not been cut back and will be on scale of NHS’

Party’s education spokesperson denies reports of intervention from shadow chancellor Rachel Reeves

The Independent UK

Keir Starmer refuses to commit to public sector pay rises

It comes after Prime Minister Rishi Sunak warned he will not shy away from making decisions 'people may not like' to control inflation.

Daily Record

DWP Universal Credit claimants finding private rentals 'increasingly unaffordable'

A freeze on housing benefits means that the proportion of privately rented properties that people on the lowest incomes can afford has plummeted

Chronicle Live

Starmer refuses to commit to accepting pay body’s wage rise recommendations

The Labour leader said his party will have to ‘go at pace’ to ‘rebuild’ public services but stressed it must obey ‘strong fiscal rules’.

The Independent UK

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Will the real Keir Starmer please stand up? Tell us what you and Labour stand for, voters ask

Ipsos poll for the Standard finds people don’t know what the Labour leader stands for – but things are far from rosy for Rishi Sunak

Evening Standard

Labour to bring Commons vote on mortgage plans amid pressure on Tories

Labour will force a Commons vote on the party’s proposals to ease the mortgage crisis, urging Tory MPs to “take responsibility” and back the plan.

The Independent UK

Labour bin 'temporary' pledge to raise taxes on tech giants

LABOUR have ditched a pledge to raise taxes on multinational companies such as Facebook and Amazon in order to support small businesses ...

The National (Scotland)

Backlash as 'out-of-touch' Rishi Sunak tells struggling families UK must 'hold our nerve'

The Prime Minister claimed there was 'no alternative' but to hike interest rates in order to tackle inflation, but he was branded 'out-of-touch' and 'not up to the job' after an awkward TV interview

Daily Mirror

‘There’s a lot of anger’: the mortgage trap ensnaring the Tories in their heartlands

In Selby, site of a key byelection, hardship may be opening the door to Labour even in comfortable Conservative North Yorkshire

The Guardian - UK

Labour must do no more backsliding on commitments to create a green economy

Sir Keir Starmer doesn’t want to look like a man who makes grandiose-sounding pledges to change the world only to retreat when he encounters resistance

The Guardian - UK

Labour does not rule out blocking public sector pay rises

Rishi Sunak has expressed concern that unaffordable pay increases could trigger a ‘wage-price spiral’ amid stubbornly high inflation.

The Independent UK

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The Independent UK

Labour can win Selby and Ainsty as people are ‘very angry’ with Tories – Reeves

The shadow chancellor said residents blame the Conservative Government for soaring mortgage rates.

The Independent UK

Jeremy Hunt’s mortgages deal dismissed as ‘sticking plaster’ as Sunak urged to offer subsidies

Government told to offer direct support to homeowners – as chancellor’s agreement with banks dismissed as a ‘water pistol to put out a fire’

The Guardian - UK

Labour would not back subsidising mortgage holders, Starmer says

Leader says there is no quick fix and there are problems with approach advocated by Lib Dems

The Independent UK

Starmer says subsidy for mortgage holders not right approach to crisis

The Labour leader said ‘next month it’s going to feel a lot worse’ for homeowners.

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The National (Scotland)

Labour rule out subsidies for mortgage holders as interest rates rocket

Rachel Reeves has ruled out Labour backing plans that would see subsidies or financial support for mortgage holders, as struggling homeowners brace…

The Guardian - UK

Rishi Sunak says he is ‘totally, 100% on it’ in battle against inflation – as it happened

Prime minister says he knows people will be anxious about rate rise but ‘it is going to be OK’

The Independent UK

Subsidy for mortgage holders not right approach to crisis, says Labour

Shadow chancellor Rachel Reeves said her plans would instead see banks forced to help homeowners struggling with payments.

The Independent UK

Trigger recession to tame inflation, say economists – as Bank set to hike interest rates

‘There’s no other way around it’, says Jeremy Hunt adviser on looming UK recession

Evening Standard

Sadiq Khan warns London faces ‘a wave of repossessions’ unless government intervenes

Mr Khan called for ‘flexibility’ in mortgage deals

The Guardian - UK

Labour piles pressure on Sunak with plan to prevent ‘mortgage catastrophe’

Shadow chancellor Rachel Reeves says party would force banks to take a range of steps to protect borrowers

The Independent UK

Labour would force banks to help struggling borrowers to diffuse ‘mortgage bomb’

Chancellor Jeremy Hunt was accused by his Labour shadow Rachel Reeves of ‘standing by’ as millions struggle.

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