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The Latest Breaking News from Rachel Reeves

Questions for Scottish Labour after Keir Starmer U-turns on core tax pledge

LABOUR have been slammed on both sides of the political spectrum after they performed yet another U-turn, this time on the very first pledge Keir…

The National (Scotland)

Business interest in Labour conference soars, party says

Labour has reported a significant increase in businesses signing up to the annual event as it continues to perform well in polls.

The Independent UK

Labour’s new deal for workers could be transformative, but unions fear Starmer won’t stick to it

Will the party continue to water down its manifesto under pressure from business? The signs are not promising, says Guardian columnist Owen Jones

The Guardian - UK

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Labour opens huge lead over Tories among female voters

Financial insecurity is driving a 28-point gap in the polls, after decades in which the Conservatives were more trusted with the UK economy

The Guardian - UK

Rishi Sunak is plotting to make this the net zero election. That’s great news for Labour

Australian conservatives’ dismissal of the climate crisis was a huge error. Keir Starmer should make the most of this moment, says political strategist John McTernan

The Guardian - UK

UK facing ‘high’ risk of recession despite inflation dropping to 6.8% – as it happened

UK inflation has dropped to its lowest since February 2022, following cut in energy price cap, but IPPR warns economy could fall into recession

The Guardian - UK

What does Keir do with Angela as reshuffle pressure grows?

Labour leader faces split over whether to change deputy’s role as reshuffle looms ahead of likely 2024 election

Evening Standard

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HS2 is the white elephant in the room. If the Tories won’t scrap it, Labour must

The vanity project is scandalously over budget. Finally cancelling it would show the party is serious about public finances, says the Guardian’s economics editor Larry Elliott

The Guardian - UK

Labour accuses government of losing £250bn from value of UK assets

Rachel Reeves says Tory bond black hole ‘will land working people with another astronomical bill’

The Guardian - UK

Labour says losses to Treasury bond fund costing £8,900 for every UK household

Figures show the Treasury fund, devised to capitalise on the Bank of England’s quantitative easing programme, has eroded over the past three years.

The Independent UK

Bidenomics lessons: Labour looks to Democrats as it prepares for power

Flagship US programme offers blueprint for Rachel Reeves, in echo of policy cooperation in era of Clinton and Blair

The Guardian - UK

Scrap ‘petty and arbitrary’ fiscal rules and invest, top economist who advised Labour urges

Jim O’Neill says OBR should be given new powers to emphasise economic benefits of public investment

The Independent UK

Suzy Eddie Izzard running to be Labour MP in Brighton

She has previously said she wants to be a Cabinet minister

Evening Standard

Hopes of ‘soft landing’ as US jobs growth slows; UK economy caught ‘in low-growth trap’ – as it happened

Fewer jobs created last month than expected, but economists hope the US can avoid recession

The Guardian - UK

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The Independent UK

Shadow chancellor Rachel Reeves says interest rates a ‘hammer blow for working people’

Rachel Reeves says rise in base rates did not need to happen as government targets halving inflation

The Guardian - UK

Rachel Reeves challenges PM to chess match amid plans to revive game

Shadow chancellor, a former chess champion, says scheme to install 100 sets in UK parks is not ambitious enough

The Independent UK

Reeves challenges PM to chess game but questions ‘plan for 100 sets in UK parks’

The shadow chancellor, a former junior chess champion, said green spaces in her constituency would ‘love’ to receive one of the boards.

The Conversation

The UK's top financial influencers skew Conservative – which helps explain why Keir Starmer's Labour is so anxious about uncosted spending pledges

It has become a common complaint among some Labour supporters that Keir Starmer and shadow chancellor Rachel Reeves are being too cautious about their spending commitments in preparing for a future Labour government. At a recent national policy forum, the leadership clashed with the party’s left, which argued against “fiscal…

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The Independent UK

Labour accuses Government of £1.7bn gas storage ‘mistake’

The closure and subsequent reopening of the UK’s largest gas storage site cost the country nearly £1.7 billion over two years, Labour has said.

Evening Standard

Sadiq Khan wins Ulez legal fight but still faces battle to win over Labour critics

Mayor of London to ‘press ahead’ with expansion despite opposition from within his own party

The Guardian - UK

Khan says climate crisis more important than party politics after Ulez victory

London mayor to expand charging zone for drivers after high court win and rejects pressure from Labour leadership to think again

The Guardian - UK

Ditch green policies, win votes? Tories and Labour wrestle with net zero

Arguments between and within the parties have been inflamed by the apparent ‘Ulez effect’ in the Uxbridge byelection

Evening Standard

Inside Labour’s battle with its own green agenda

The Uxbridge by-election and the ongoing disputes over Ulez have shone a light on ideological struggles at the heart of the Opposition, says Anne McElvoy

The Guardian - UK

Sunak and Hunt accused of ‘damaging UK plc’ over NatWest boss’s exit

Concerns raised over anonymous briefings that triggered early-hours resignation of Dame Alison Rose

Evening Standard

OPINION - How Labour wooed the City

Sometimes I worry I’m the only person in Britain who’s not been asked to a breakfast meeting with Jonathan Reynolds. That I tend not to eat before noon and have little of value to offer the shadow business secretary is beside the point: it’s always nice to be invited.

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