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The Latest Breaking News from Rachel Reeves

Reeves warns against risks to economic stability after surprise March growth

The Chancellor’s comments came amid a possible leadership challenge against Prime Minister Sir Keir Starmer.

Evening Standard

Rachel Reeves suggests if it ain’t broke, don’t fix it – as fight to keep her job goes on

The GDP boost has raised the chancellor’s prospects for staying in post, whoever wins the Labour leadership battle

The Guardian - UK

‘There’s a risk of another Liz Truss moment’: City raises spectre of bond market meltdown again

As Keir Starmer’s leadership totters, investors warn a Labour leadership contest ignoring public finances and market realpolitik could be disastrous

The Guardian - UK

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Labour MPs massively out of step with public on cost of living, survey reveals

Exclusive: Cost of living is the nation’s top concern, government warned

The Independent UK

Majority of Britain’s millionaires are willing to pay more tax, report finds

The findings come amid concerns of a millionaire exodus in the UK

The Independent UK

The £6bn bond yields drama unfolding behind the headlines

UK 10-year gilts have risen by more than those issued by other advanced economies since the start of the Iran war

The Independent UK

More than 12m face ‘pension poverty’ in Britain — and it could get worse

Increase auto-enrolment pension contributions to ease future crisis, says Scottish Widows

The Independent UK

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A leak at No 11: Rachel Reeves and the satire about the urinal she couldn’t get rid of

When she broke through the glass ceiling and became chancellor, Reeves found her office had its own latrine. Rosie Holt reveals why she turned the story into a play called Churchill’s Urinal

The Guardian - UK

America’s largest bank wades into Labour’s leadership crisis

Jamie Dimon has threatened to reconsider a $3bn Canary Wharf investment if the party lurches to the left

The Independent UK

JP Morgan could scrap £3bn London HQ if Starmer is replaced by PM ‘hostile to banks’

Jamie Dimon says US banking giant could rethink Canary Wharf tower if a future Labour leader targets lenders

The Guardian - UK

What new laws can we expect to be featured in the King’s speech?

The speech has taken on heightened significance with Starmer on the ropes

The Independent UK

Chancellor pulls out of City of London event as Starmer under pressure

Rachel Reeves had been due to take part in a chat at the City’s global risks summit at around 11am.

Evening Standard

Rachel Reeves pulls out of event hours after Starmer rejects calls to resign

The Chancellor was seen arriving in Downing Street by car and walking into Number 11 early on Tuesday

The Independent UK

Will Starmer resign? Timeline of PM’s tumultuous time at No 10 since landslide 2024 election

A timeline of Sir Keir Starmer’s embattled time in Downing Street since July 2024

The Independent UK

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The Guardian - UK

UK borrowing costs rise as Starmer speech fails to dispel investor ‘jitters’

Bond yields creep higher on concerns about potential for political instability and rising inflation

The Guardian - UK

Thinktank calls for ‘double lock’ England private rent cap to ease living costs

Influential IPPR proposes capping rents at whichever is lower of consumer price inflation or wage growth

The Independent UK

TV star Jeremy Vine reveals penny-farthing bike crash uncovered heart issue

The BBC Radio 2 presenter and host of the eponymous Jeremy Vine show on Channel 5 turned 60 last year

The Guardian - UK

Four in five Britons worried Iran war will make food more expensive, poll finds

Shoppers concerned about effect of Middle East conflict, as UK retailers say government running out of time to cut costs

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The Independent UK

Bulletin PM briefing: New Middle East missile attack and Starmer ‘facing coup’

Iran launches missile and drone attack on UAE for second day as war escalates. Labour MPs plotting Blair-style coup of Starmer after local elections – report. Met Police launch fresh probe after rapist nurse convicted. Rachel Reeves ‘clashes’ with US treasury secretary over Iran war. Brit needing ‘urgent’ care after…

The Independent UK

Rachel Reeves ‘clashed’ with US treasury secretary over Iran war

IN FULL

The Independent UK

Rachel Reeves and Scott Bessent ‘argued’ in Washington after chancellor’s Iran war criticism

Ms Reeves reportedly hit back that she did not work for the US treasury secretary

Evening Standard

No 10 does not deny Chancellor rowed with US counterpart in Washington meetings

Rachel Reeves had a fierce confrontation with Scott Bessent when she visited the US capital for the IMF’s spring meetings, according to reports.

The Guardian - UK

Rachel Reeves and Scott Bessent argued in person about Iran war, sources say

UK chancellor said to have told US treasury secretary she did not like his tone during meeting in Washington in April

The Guardian - UK

New threat to Labour spending plans as UK long-term borrowing costs hit highest level since 1998

Inflation fears fuelled by Iran war and renewed uncertainty over Starmer’s leadership prompt bond sell-off

The Guardian - UK

UK 30-year borrowing costs hit highest since 1998 amid oil price surge and political uncertainty – as it happened

Long-term UK borrowing costs hit 28-year high on expectations of higher inflation, and speculation that local elections could prompt leadership challenge

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