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The Latest Breaking News from Rachel Reeves

Where do all the parties stand on tax cuts and spending – and are their manifestos fully costed?

Everything you need to know about the tax cuts proposed in the 2024 manifestos – and how they’re costed

The Independent UK

UK finances are a mess and Tories and Labour keeping public in the dark, says IFS

Institute of Fiscal Studies also dismissive of plans by Lib Dems, Greens and – in particular – Reform UK

The Guardian - UK

Tories did not lay waste the economy, but the myth suits Labour’s campaign message

Without minimising the challenges faced by Starmer and Reeves, it is actually not a bad time to be arriving in office

The Guardian - UK

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‘It won’t take as long as people think’: Rachel Reeves on being ‘scrappy’ – and changing Britain

Labour’s shadow chancellor outlines her plans to grow the UK economy after years of Tory ‘gimmicks’ and says she’s prepared for tough decisions

The Guardian - UK

A Norway deal? Rejoining? What are Labour’s options for forging closer ties with Europe?

Starmer and Reeves plan to improve parts of the relationship with the EU. But what of becoming a member of the single market – or even a return to full membership?

The Guardian - UK

This timid ‘Ming vase’ strategy won’t turn Labour into a dynasty

Caution is understandable, but, if elected, Starmer and Reeves will need to make bold decisions on investment and Europe

The Guardian - UK

Campaign catchup: Tax evasions, party poopers, and a political chicken

In today’s newsletter: Some uncertainty remains on how Labour will pay for the spending it plans in government – but new Guardian reporting gives new insight

The Guardian - UK

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Labour drafts options for wealth taxes to ‘unlock’ funds for public services

Exclusive: Sources say changes to inheritance tax and capital gains tax are being discussed

The Guardian - UK

Labour’s VAT on private school fees would not come in until 2025, Rachel Reeves says

Rachel Reeves says it would not be ‘the right thing to do’ to impose retrospective tax on private schools

The Independent UK

Pressure on Labour and Conservatives as tax gap hits £40bn

Shortfall between tax owed and tax paid puts issue of avoidance in election spotlight

The Guardian - UK

Tory candidate facing probe over election date betting allegations threatens to sue BBC – as it happened

Laura Saunders issues statement saying she may sue BBC over ‘infringement of privacy rights’ and says she is cooperating with Gambling Commission

The Guardian - AU

Rachel Reeves vows to close gender pay gap ‘once and for all’ if she is chancellor

Exclusive: Shadow chancellor says she wants to shatter ‘last glass ceiling in politics’ and improve women’s position

The Guardian - UK

The women who came before: Rachel Reeves’s three Labour leading lights

Reeves, who could be Britain’s first female chancellor, has named three women on whose shoulders she would stand

The Guardian - UK

‘No jobs women can’t do’: Rachel Reeves on idols, fiscal prudence and broken promises

Shadow chancellor on why the gender pay gap is at the top of her agenda and a terrible Tory inheritance

The Guardian - UK

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The Guardian - UK

Expert economists back Labour’s plan to end economic stagnation in UK

Nobel prize winners and former Bank of England officials believe Rachel Reeves and Keir Starmer can bring about ‘desperately needed’ change

The Guardian - UK

Labour is offering a credible plan to address Britain’s economic problems

Letter: Leading economists and policy experts believe the ambitious reforms proposed by Keir Starmer and Rachel Reeves will help grow the economy

The Guardian - UK

Campaign catchup: The SNP’s strained strategy, Johnson’s jaunt, and a dodgy dossier

In today’s newsletter: Scotland’s governing party launched its manifesto on Wednesday – but a sense of decay lingers over the SNP

The Conversation

Is Keir Starmer a socialist?

“I would describe myself as a socialist. I describe myself as a progressive”. These were Labour leader Keir Starmer’s words in May 2024 shortly after his first speech of the election campaign. Labour’s constitution defines it as a democratic socialist party. So, in theory, Starmer is a socialist.

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The Independent UK

Rachel Reeves and Keir Starmer clash over whether working people have savings after Labour tax pledge

Shadow chancellor Rachel Reeves appeared to correct Sir Keir Starmer’s definition after the party promised not to raise taxes for ‘working people’

The Independent UK

Labour suspends candidate over pro-Russian social media post

Andy Brown will still appear on the ballot in the Aberdeen North and Moray East constituency

The Guardian - UK

Labour suspends candidate after he reportedly shared pro-Russia posts

Party removes support for Andy Brown, standing for Aberdeenshire North and Moray East, after reported posts about novichok poisonings

Evening Standard

Rachel Reeves denies pensions tax hit in works after Keir Starmer confusion over 'working people'

Shadow chancellor also says Labour took ‘swift action’ after pro-Russia posts by Scottish candidate Andy Brown came to light

International Business Times

UK Inflation Slows To Central Bank's 2% Target

British inflation slowed in May to the central bank's two-percent target, official data showed Wednesday, boosting Prime Minister Rishi Sunak's struggling election campaign.

The Guardian - UK

Labour pledges to strengthen economic watchdog within first 100 days

Exclusive: Changes early in expected new government intended to stop repeat of catastrophic Truss mini-budget

The Guardian - UK

Advice to Rachel Reeves: rename the national wealth fund

Labour’s plans to invest £7.3bn over the next parliament hardly blows the doors off and risks being overegged

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