The Latest Breaking News from Rachel Reeves

Labour has a better plan for growth than Kwasi Kwarteng’s sugar-rush of tax cuts. Now it needs to pitch it to voters

Labour leader Keir Starmer will spell out why he should be the next Prime Minister after months of polls which will have been pleasing for party strategists, but there will be plenty of banana skins to navigate

Kwarteng defends massive tax cuts and borrowing as spooked markets leave pound at new 37 year low

Strategy of sweeping tax cuts gets hostile reception from markets and economic thinktanks, leaving some Tory MPs aghast

'The only things that are going up under this Government are inflation, interest rates, government borrowing and bankers’ bonuses,' says Shadow Chancellor Rachel Reeves

Rachel Reeves ‘is going nowhere’ after she was seen in tears during PMQs

Kwasi Kwarteng said this is “the beginning of a new era” as he unveiled a historic mini-budget

Liz Truss and Kwasi Kwarteng are two “desperate gamblers chasing a losing run” with an economic plan rewarding the “already wealthy”, according to shadow chancellor Rachel Reeves. The Labour frontbencher took aim at the Prime Minister and Chancellor as she warned the Government has served up a “menu without prices”,…

The Chancellor abolished the top rate of income tax for the highest earners.

The Chancellor, Kwasi Kwarteng confirmed a cut in stamp duty

Tax cuts are 'central' to the plan