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The Latest Breaking News from Rachel Reeves

Reeves grudgingly resorts to departmental salami slicing to fund UK defence budget

Starmer shows no will to pursue the main options for rising commitments: spending cuts, tax rises or borrowing

The Guardian - UK

The UK economy contracted by 0.1% in April

In the three months to April, GDP grew by 0.7 per cent, according to the Office for National Statistics

Evening Standard

UK economy shrank by 0.1% in April following impact of Iran war

Rachel Reeves acknowledged that the war in the Middle East was hitting the economy

The Independent UK

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This is John Healey’s finest hour

THE INDEPENDENT VIEW: Editorial: By resigning in protest against the government’s attempted fudge on defence spending, the former cabinet minister has forced Keir Starmer and Rachel Reeves – or their successors – to clarify the choice facing the nation

The Independent UK

John Healey quitting defence puts a time bomb under No 10. He is a loyalist: this is no ordinary departure

He served through the eras of Blair, Brown, Miliband and Corbyn in a party that knows and respects him. It will matter that even his patience has run out, says Guardian columnist Gaby Hinsliff

The Guardian - UK

Polite but deadly: John Healey skewers Keir Starmer as he heads for the door

The defence secretary’s departure was the wrong resignation at the worst possible time for the prime minister

The Guardian - UK

UK armed forces minister resigns hours after defence secretary over military spending plans

Dan Jarvis, a former army officer and the Labour MP for Barnsley North, has since taken over as defence secretary.

Euronews

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Rachel Reeves says the government may need to raise taxes – here’s why

IN FULL

The Independent UK

Rachel Reeves opens door to tax rises to pay for defence

‘Money has to come from somewhere, and borrowing cannot always be answer,’ chancellor says

The Independent UK

Rows over defence investment plan ‘have badly harmed cabinet relations’

Sources say much delayed Dip is close to sign-off but only after some of the Labour government’s worst infighting

The Guardian - UK

BP says it paid £1.2bn in UK taxes last year amid Government plans to raise more

The energy firm said the total amount of taxes paid in 2025 include £422 million raised from the energy profits levy.

Evening Standard

Heathrow third runway: Furious row erupts over London say on 'fast-tracked' airport expansion plan

Exclusive: Chancellor Rachel Reeves warned not to ram through ‘half-hearted’ public consultation on airport expansion to be published ‘in weeks’

Evening Standard

Rachel Reeves may be unpopular, but she is quietly rebalancing UK plc

Policy U-turns could define her stint at No 11 despite many sure-footed advances on devolved spending to help kickstart growth

The Guardian - UK

UK’s fragile heirloom: ceramics sector calls for more help to save ‘vital industry’

Brands such as Portmeirion in Stoke welcome £120m package but seek further support to avert fresh closures

The Guardian - UK

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The Independent UK

Andy Burnham pledges to slash taxes on pubs if he becomes prime minister

Mayor promises to reverse a series of tax rises that have hit hospitality and small businesses since Labour came to power – and suggested he could cut employers’ national insurance contributions

Evening Standard

Blueprint for defence spending will be a ‘step up’, Starmer vows amid delay

The Defence Investment Plan will be published before the Nato summit in Turkey, beginning on July 7, the Prime Minister said.

The Independent UK

Starmer says protecting Britain the ‘top priority’ as he fails to rule out cuts to fund defence spending plan

The Defence Investment Plan will finally be published before next month’s Nato summit in Turkey, the PM has said

Evening Standard

Yvette Cooper rejects Harriet Harman’s call for disappearing messages ban

The Foreign Secretary said “lots of people”, including herself, had WhatsApp’s auto-delete tool turned on for some exchanges.

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Evening Standard

Starmer still confident in Darren Jones after leaked Mandelson messages revealed

Mr Jones also appeared to criticise Chancellor Rachel Reeves, Jonathan Reynolds and Angela Rayner.

The National (Scotland)

Missing Peter Mandelson messages 'point to Labour cover-up'

Missing messages between disgraced former ambassador Peter Mandelson and the most senior UK Government minister have sparked accusations of a…

The Independent UK

Major business group accuses Labour of sending firms to ‘tipping point’ after taking billions extra in tax

An extra £27bn was raised in taxes by Labour, the CBI will say

Evening Standard

Minister Darren Jones told Mandelson he was ‘so sorry’ in undisclosed message

The Chief Secretary to the Prime Minister also appeared to criticise Chancellor Rachel Reeves, Jonathan Reynolds and Angela Rayner.

The National (Scotland)

Top Labour minister told Peter Mandelson he was 'so sorry' after sacking

A top Labour minister told Peter Mandelson he was 'so sorry' after he was sacked as ambassador to the US over his links to convicted…

The Guardian - UK

Starmer’s chief secretary consoled Mandelson after dismissal as US ambassador, undisclosed texts show

Darren Jones’s messages include requests for advice on the reshuffle and remarks about former business secretary Jonathan Reynolds

Evening Standard

Universal unveils UK theme park name and logo as £7.3bn investment announced

The theme park is expected to attract millions of visitors each year including more than a million additional overseas visitors.

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