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The Latest Breaking News from Rachel Reeves

UK government to pay £1.3bn to help fund Universal Studios theme park in Bedfordshire

Chancellor hails deal saying it will create tens of thousands of jobs in the construction, hospitality, creative and technology sectors

The Guardian - UK

Taxpayers face £1.3bn bill to help Universal build first European theme park just outside London

Construction on Universal United Kingdom Resort in Bedfordshire is expected to begin soon

Evening Standard

UK government to spend £1.3bn to support ‘spectacular’ Universal theme park in Bedford

The resort set to become the UK’s most popular tourist attraction when it opens in 2031, with millions expected to visit each year

The Independent UK

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Rural UK ‘particularly at risk’ of diesel shortages if Iran war continues

OECD forecast sets out economic risks from conflict, pointing to potential shortfalls to key energy products

The Guardian - UK

UK economy to grow 0.9% this year but outlook cut for 2027 – OECD

Forecasts predicted that global economic growth will slow to 2.8% this year, from 3.4% in 2025.

Evening Standard

Starmer defends using vanishing WhatsApp messages after Mandelson files revelation

MPs voted earlier this year to force the disclosure of documents relating to his time as ambassador

The Independent UK

Debt-ridden graduates seen as ‘cash cows’ to fund older people’s lifestyles, MPs told

Student groups tell inquiry about ballooning debt and ‘sneaky changes’ to loan terms while likening system to finance scandals

The Guardian - UK

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Reeves examines using private sector funds to speed building of new towns

Chancellor in talks with banks and investment funds about public-private partnerships to build infrastructure

The Guardian - UK

Jeremy Clarkson burns Keir Starmer effigy after farming tax controversy

In ‘Clarkson’s Farm’ season five, an effigy of the PM is set ablaze on top of a bonfire

The Independent UK

All of Andy Burnham's U-turns explained as he shifts stance on migrant benefits

The Greater Manchester mayor’s latest change of stance is his fifth U-turn since he was announced as Labour’s candidate in the Makerfield by-election

Evening Standard

Reversing minimum wage changes is no ‘easy solution’ to end Britain’s Neet crisis, Milburn warns

The former Labour minister warned against solely blaming the chancellor for the scale of the crisis facing the nation

The Independent UK

No easy solutions to fix youth unemployment crisis, says ex-Labour minister

Having a million young people aged 16-24 not in education or work is estimated to be costing the UK around £125 billion a year.

Evening Standard

Voices: The true cost of Donald Trump’s Iran war is finally coming home to Britain

THE INDEPENDENT VIEW: Editorial: More must be done to help hard-up families and the squeezed middle about to be hit by a tsunami of rising energy, mortgage and food costs – but most of all this country must simply brace for pain

The Independent UK

Energy bills hike has already made Reeves’ cost of living package look meaningless

NEWS ANALYSIS: Political editor David Maddox looks at what Ofgem’s announcement on energy bills means for the chancellor

The Independent UK

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Evening Standard

Avocados and limes: The 125 'everyday essentials' due to drop in price because of tariff cuts

Chancellor Rachel Reeves hopes to bring down the cost of ‘everyday essentials’ as conflict in the Middle East continues to push up prices

The Independent UK

Moneybox urges government not to scrap Lifetime ISA

Rachel Reeves cut the cash ISA limit from April 2027 and announced a review of the LISA

The Independent UK

Rachel Reeves urged to ‘act now’ to save poorest from pain of rocketing winter energy bills

Donald Trump’s Iran war is blamed for continued volatility in global energy markets, which has led to higher wholesale gas prices

The National (Scotland)

What is UK energy price cap and how much will my energy bill increase?

OFGEM has announced it is raising its price cap to £1862 per year for a typical dual fuel household, up £221 or 13 on current levels ...

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news in one place.

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The Guardian - UK

The establishment reaction to Andy Burnham’s rise is a sign of the fight to come

The old settlement will not politely bow out for its replacement – which is why progressives must take action on these three fronts, says Labour MP Clive Lewis

Evening Standard

Households set to learn of energy bills hike from July amid Iran war impact

Ofgem will announce its latest energy price cap on Wednesday.

The Independent UK

Baked beans, gum and olive oil could get cheaper under tariff cut plan

The Government published a list of the household items after an announcement by Chancellor Reeves last week

The Guardian - UK

The Guardian view on Britain’s economy: to profit politically a recovery must be felt in people’s pockets

Editorial: The chancellor can point to growth and lower inflation, but weak job data, flat living standards and uncertain productivity are no reason to cheer

Evening Standard

Fact check: UK borrowing has fallen below 5% of GDP multiple times since 2019

The Chancellor made the claim after her statement on the economic response to the war in Iran.

The Guardian - UK

Rachel Reeves tells ministers to ‘buy British’ in four key industries

Exclusive: Chancellor pushes for procurement of ships, steel, energy and AI to prioritise Britishness as well as cost

The Guardian - UK

Here is Andy Burnham’s route to save Labour: a new manifesto, a new election and electoral reform

Proportional representation can rescue Britain’s warped politics. It could stop Nigel Farage arriving at No 10 with less than 30% of the vote, says Guardian columnist Polly Toynbee

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