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The Latest Breaking News from Rachel Reeves

Kwasi Kwarteng accepts growth plan caused 'a little turbulence' as government U-turns over income tax cuts

Embattled Chancellor says 'it has been tough but we need to focus on the job in hand'

Birmingham Post

Ten days that shook the British political world: the inside story of Tory collapse

Last Friday, Liz Truss and her chancellor expected acclaim for their mini-budget. This weekend, she goes into her first Tory conference as leader – battling for survival

The Guardian - UK

Labour will not waver from putting the UK economy on secure ground

The disastrous Conservative mini-budget has left the country in tatters. This government can no longer be trusted, says shadow chancellor Rachel Reeves

The Guardian - UK

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Voters abandon Tories as faith in economic competence dives

Conservative MPs urge Liz Truss’s removal from No 10 after poll reveals British public’s fury over tax plans

The Guardian - UK

Booze, business and Blair: inside the Labour Party conference 2022

With the return of big business and corporate sponsors, many think that Labour is starting to seem electable, says Ethan Croft

Evening Standard

Liz Truss holds emergency talks with budget watchdog after failing to calm markets

Liz Truss was due to hold emergency talks with the Office for Budget Responsibility today as the Government scrambles to calm market panic in the wake of the disastrous mini-Budget

Daily Mirror

Liz Truss and Kwasi Kwarteng double down on mini-budget as Chancellor visits Darlington

Liz Truss and Kwasi Kwarteng have insisted their £45bn package of tax cuts is the "right plan" despite chaos on financial markets, and fears of rocketing mortgage bills

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Who can argue now that Keir Starmer’s approach is not working?

The Labour leader has responded to Kwarteng’s gift with a textbook illustration of why thought and judgment count, says Guardian columnist Martin Kettle

The Guardian - UK

Labour's plans for the economy explained as turmoil engulfs UK - and hits you

Labour has sought to cast itself as the party of 'sound money' as alarm mounts over the Chancellor's explosive mini-Budget

Daily Mirror

Keir Starmer demands Parliament recall over economy as 'inept madness' sparks Tory fury

The Labour leader says the turmoil in the financial markets is 'self inflicted' with the crisis 'made in Downing Street' last week with the mini-Budget

Daily Mirror

Liz Truss tax plans ‘profoundly unconservative’ says former Tory MSP

Adam Tomkins hit out at Kwasi Kwarteng’s mini-budget and said the UK ‘needs a Labour government’.

The Independent UK

Big business back at Labour conference with biggest showing since 2010

Party reports significant increase in business interest as Labour continues to perform well in polls

The Guardian - UK

Keir Starmer says Tories have 'lost control of British economy' as he pledges state-owned energy firm

He urged the British public to not 'forget' or 'forgive' the Conservative Party during a Labour party conference speech today

Manchester Evening News

All the policies announced at Labour conference 2022 as Keir Starmer gives big speech

From nationalising the railways and getting 1.5million people on the housing ladder to reversing a Tory tax cut, here are all the new announcements at the Labour Party Conference

Daily Mirror

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The Independent UK

Labour argues ‘cavalry is coming’ after ‘reckless’ Tory economic strategy

The opposition was buoyed by polling giving Labour a huge lead over the Conservatives.

Evening Standard

Pound steadies but Kwasi Kwarteng faces massive market turmoil

The pound steadied in early trading in Asian markets on Tuesday as it climbed to $1.07 just before 6am

Daily Mirror

Labour take biggest lead for 21 YEARS in YouGov poll - and Boris Johnson could lose seat

If the results of a YouGov poll were repeated at a General Election, Labour would win a 182-seat majority after Tory support plummeted following Friday's mini-budget

The Independent UK

Starmer takes aim at Tories as Labour buoyed by promising poll

The Labour leader will quote Sir Tony Blair to dub his party the ‘political wing of the British people’.

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The Guardian - UK

Lisa Nandy: ‘Levelling up under the Tories is dead. Labour is the only answer’

Shadow levelling up secretary says her party is coming back to finish the job of the New Labour government

The Guardian - UK

Labour vows to bring back 45% top rate tax and invest in NHS

Shadow chancellor Rachel Reeves says recent events show Labour is now party of economic competence

The Independent UK

Reeves sharpens economic dividing lines with vision of medium-sized state

The shadow chancellor again sought to reassure businesses that Labour would work with them in government.

Reuters

Targetting government, UK's Labour pledges sound finances and strong public services

Britain's opposition Labour Party set out its economic vision on Monday, promising, if in power, to be fiscally responsible and take care of public services, in a swipe at the Conservative government's tax cuts for the wealthy.

The Independent UK

Reeves: I’ll reverse abolition of 45% income tax rate to fund NHS staffing surge

The shadow chancellor said a Labour administration would also implement the “biggest expansion of medical school places in British history”.

Daily Record

Rachel Reeves promises 'genuine living wage' on day one of a Labour government

The shadow chancellor said investment in public services, investing in the green revolution and paying proper wages would grow the economy.

Evening Standard

Government to push on with tax cuts as pound hits all-time low against dollar

Neither Chancellor Kwasi Kwarteng nor Liz Truss are currently expected to publicly address the major market shift, following Friday’s mini-budget

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