The Latest Breaking News from Rachel Reeves

Friday briefing: The ins and outs of Labour’s unspectacular manifesto

In today’s newsletter: Keir Starmer stood on a platform for change when launching his party’s document for winning the election. But how much is being promised by Labour’s manifesto?

The Guardian - UK · Jun 14, 2024

Private equity firms have avoided taxation on over $1 trillion of income thanks to a loophole, new Oxford research reveals

Politicians have vowed to close the loophole for years, but fierce pushback lobbyists from the industry cracked those plans.

Fortune · Jun 13, 2024

Labour manifesto admits Covid corruption tsar may raise no money at all

After initially promising a Covid corruption tsar would raise billions, Labour appears to have admitted the figure may raise no money at all

The Independent UK · Jun 13, 2024

UK's Labour Pitches For Power With 'Wealth Creation' Pledge

Britain's Labour party launched a "manifesto for wealth creation" Thursday, pledging to get the economy firing again if it wins power in next month's election after 14 years in opposition.

International Business Times · Jun 13, 2024

The era of reckless Tory economics is over. As your chancellor, I would make every penny count

Labour would restore economic growth, and crack down on the waste and fraud that ran rampant under the Tories, says the shadow chancellor, Rachel Reeves

The Guardian - UK · Jun 13, 2024

Starmer promises ‘long-term strategy’ in business-friendly Labour manifesto

Labour puts economic policy and wealth creation at heart of pitch to win over former Conservative voters

The Guardian - UK · Jun 12, 2024

‘Labour’s honeymoon will be short-lived’: teachers’ union head warns of strikes by autumn

Daniel Kebede, leader of the NEU, says members’ morale is at an all-time low and that Starmer must signal a radical change in policy

The Guardian - UK · Jun 12, 2024

Another washout for Rishi Sunak as rain dampens UK growth

GDP figures are not strong enough to help in general election but not weak enough to prompt interest rate cut

The Guardian - UK · Jun 12, 2024

UK economy flatlines in fresh blow to Rishi Sunak’s election hopes

The economy flatlined due to wet weather hitting retail sales over the Easter period, following growth of 0.4% in March

The Independent UK · Jun 12, 2024

‘Cosplaying Liz Truss’: Rishi Sunak condemned for £17bn tax giveaway

Critics say funding of Tory manifesto’s policies is ‘implausible’ and they would mainly benefit wealthier voters

The Guardian - UK · Jun 11, 2024