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The Latest Breaking News from Rachel Reeves

Boris Johnson wants tax cuts – but can he deliver them in time?

PM must act quickly as economy and household finances worsen, but Treasury is not sympathetic

The Guardian - UK

Third of cash raised by Rishi Sunak’s windfall levy ‘could be handed back to oil and gas firms’ in tax breaks

Shadow chancellor Rachel Reeves said the government had created a ‘tax giveaway for oil and gas producers’ that undermines the windfall levy

The Independent UK

Rishi Sunak told to scrap £200m ‘cobbled together loophole’ giving second home owners multiple energy rebates

Exclusive: Rachel Reeves says chancellor’s policy was ‘cobbled together at last minute’

The Independent UK

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Boris Johnson confident Tory MPs back him to survive as party leader and prime minister – as it happened

Latest updates: PM says he gave ‘some pretty vintage’ answers on Partygate as ministerial aide quits over ‘culture in Number 10 that was distasteful’

The Guardian - UK

Rishi Sunak FINALLY helps families 5 months after Mirror and Labour demanded it

Chancellor Rishi Sunak admitted high inflation was causing people 'acute distress' and announced a 25% levy to help fund his £21billion package of measures - months after we called for a windfall tax

Daily Mirror

Sunak’s design for the windfall tax is complex, but is it any good?

Labour is right to crow as the chancellor’s hand is finally forced, but we need to see what materialises

The Guardian - UK

Rishi Sunak accused of ‘dither’ over windfall tax U-turn to fund £15bn cost-of-living package

Cash includes £400 rebate on energy bills – and double for people with second homes

The Independent UK

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Labour attack SNP as Rishi Sunak unveils partygate cover-up measures

THE SNP have been accused of making a U-turn on a windfall tax on energy companies making record profits after one was announced today.

The National (Scotland)

Cost of living UK announcement in full: Rishi Sunak energy bills help and who gets what

The UK cost of living crisis is deepening with energy bills set to rise to £2,800 a year, up from less than £1,300 in the winter just gone. Rishi Sunak announced help for all Brits and targeted groups

Daily Mirror

What Rishi Sunak announced to tackle the cost of living crisis

£15bn package will deliver support worth £1,200 to the 8m poorest households, says chancellor

The Independent UK

Covid fraudsters conned taxpayers out of £5bn but Tories have recovered just £5m so far

Detectives launched an operation to chase down "unforgiveable" fraudsters who fraudulently claimed money through Covid financial schemes but so far just £5million has been recovered

Daily Mirror

Police should use ‘discretion’ if cost-of-living crisis fuels rise in crime, police watchdog warns

Rising prices will ‘be challenge for policing to deal with’, Andy Cooke warns

The Independent UK

Tory MPs vote down emergency budget to tackle cost of living crisis

The Conservatives turned down Labour's attempt to force an emergency budget

Liverpool Echo

Conservative MPs vote down emergency budget amid cost of living crisis

An amendment to the Queen's Speech was voted down

Wales Online

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Daily Mirror

Tory MPs vote down emergency budget plan despite Britain's cost of living crisis

Shadow Chancellor Rachel Reeves asked "where is the urgency" as Conservatives rejected a Labour attempt to force an emergency budget and a Lib Dem bid for fresh tax cuts

Daily Mirror

Rishi Sunak's fall from grace and replacement odds as inflation soars to 9%

Odds on a replacement for the current Chancellor Rishi Sunak have shortened in recent days. Labour has criticised Sunak for failing to get a grip of the cost of living crisis

The Guardian - UK

Labour to force vote on emergency budget as UK inflation soars to 9%

Shadow chancellor renews call for windfall tax on oil and gas firms to offset cost of living crisis

The Independent UK

Liz Truss says ‘high-paid jobs’ answer to cost of living crisis

Minister blames inflation on ‘global headwinds’ – and insists better-paid jobs key to getting through ‘storm’

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news in one place.

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Daily Mirror

Next Labour Party leader odds as Keir Starmer stakes future on Beergate gamble

Labour Party leader Keir Starmer has gambled his leadership on being cleared by Durham Police in an investigation of allegations he broke Covid lockdown rules while having a curry. Starmer has said he is "absolutely clear" no rules were broken

The Guardian - UK

Beergate: Labour MPs wary of internal manoeuvring after Starmer pledge

Suspicions ambitious shadow ministers see situation as ‘win win’, with leadership contest on horizon if Starmer goes

The Independent UK

‘Ghost dom’ tax loophole hampering efforts to stop sanctioned Russian money flowing into UK

Exclusive: Problem is ‘matter of national security’, shadow chancellor Rachel Reeves says

The Independent UK

Starmer tries to focus on cost of living as Durham questions continue

The Labour leader has accused the Conservatives of ‘mudslinging’.

The Independent UK

Starmer: Police have not contacted me over ‘beergate’

The Labour leader said he and other Labour members had a takeaway during an event in Durham last year while campaigning.

The Guardian - UK

UK factories raise prices at record pace; windfall tax calls grows as BP earnings swell – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

‘I can’t see it getting any better’: could the UK be heading for a recession?

Small business owners are already being hit as consumers cut back on non-essentials

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