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The Latest Breaking News from Torsten Bell

Labour will not scrap two-child benefit cap in October, senior figure warns

Senior Labour figure Torsten Bell predicted the measure would not be repealed in the 30 October statement

The Independent UK

Labour will fail in government if it does not reduce inequality, says new MP

Torsten Bell’s comments come as party leadership has become embroiled in a row over the two-child benefit cap

The Guardian - UK

Labour told it will need to defeat ‘net-zero nimbys’ to decarbonise Britain

Opposition in wealthier areas is likely and overcoming it is essential, says Resolution Foundation

The Guardian - UK

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Big brains and glittering careers: five fresh Labour MPs to watch

Labour’s new brood includes an economist whose family fled from Liberia, Westminster insiders and a former soldier

The Guardian - UK

Great Britain? by Torsten Bell – why Labour must move fast and fix things

The influential policy wonk and new MP for Swansea West sets out how the government can show it means business

The Guardian - UK

Great Britain?: How We Get Our Future Back by Torsten Bell review – a roadmap to the new normal

The economist and Labour candidate for Swansea West offers a hopeful vision of the nation’s future – spurning leftwing utopianism as well as tackling 14 years of creeping decline

The Guardian - UK

How accurate are Jeremy Hunt’s claims about the UK economy?

Chancellor seems to cherrypick data as he tries to outline how the Tories have got the country back on its feet

The Guardian - UK

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Sunak warned unfunded axing of national insurance would harm services

Economists say making the policy an election pledge could cost £40bn, which is badly needed for health, education and elsewhere

The Guardian - UK

UK to have first parliament in modern history with fall in living standards, says thinktank

Household incomes on course to fall despite national insurance cuts in budget, says Resolution Foundation

The Guardian - UK

UK ‘fiscally offside’ by up to £60bn, Citi fears; house prices rise again – as it happened

Rolling coverage of the latest economic and financial news, as economist warns OBR productivity forecasts are much too optimistic

The Guardian - UK

Tories have plenty of weak spots – and dislike years that end in four

Labour will be going on the attack, mindful of having come to power in 1924, 1964 and 1974

The Guardian - UK

Britain has been in a 15-year economic slump. This is our route out of it

Ours is the most unequal major economy in Europe, with poorer workers losing out most, says Torsten Bell, chief executive of the Resolution Foundation

The Guardian - UK

Keir Starmer: Labour ‘won’t turn on spending taps’ if it wins election

Labour leader to warn that Britain is in worst economic state for over 50 years and spending will need to be constrained

The Guardian - UK

Jeremy Hunt denies lying about ‘record tax cuts’ claim

Chancellor speaks out after BBC interviewer tells him Tory advert is ‘fundamentally dishonest’

The Independent UK

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The Guardian - UK

UK households to be £1,900 poorer by end of this parliament, say economists

Warning comes after Resolution Foundation finds autumn statement favours richest 20% of earners

The Independent UK

Hunt’s tax cuts based on ‘implausible’ public spending squeeze – think tanks

Economists said the Chancellor’s tax reductions will not prevent this from being the ‘biggest tax-raising’ parliament in modern times.

The Guardian - UK

Jeremy Hunt cuts national insurance but UK tax burden set to hit high amid plummeting living standards – as it happened

Chancellor cuts national insurance but OBR says UK facing biggest fall in living standards since records began

The Independent UK

Interest rates blame game erupts between Tories and Bank of England, as recession warnings grow

Bank governor Andrew Bailey fights for future – and blames company bosses for fuelling inflation with pay rises

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The Independent UK

Price of food to replace energy as biggest cost-of-living problem – think tank

The head of the Resolution Foundation warned poorer households would end up eating less as food prices continue to rise.

The Guardian - UK

Hunt’s pensions tax break expected to help ‘nearly as many bankers as doctors’

Head of Resolution Foundation says other measures to retain NHS staff could have offered better value for money

The Guardian - UK

UK workers £11,000 worse off after years of wage stagnation – thinktank

Resolution Foundation analysis suggests UK lagging behind similar economies such as Germany

The Independent UK

Budget 2023: UK faces ‘disastrous decade’ for living standards as households set to be £4,200 poorer

Economy in ‘deep funk’, warns think tank – attacking Jeremy Hunt’s ‘wasteful’ pensions tax break

Evening Standard

Labour would scrap Chancellor’s ‘gilded giveaway’ to wealthy pensions savers

Shadow chancellor Rachel Reeves would reverse the ‘pensions bung for the 1%’

The Independent UK

Labour promises to reverse Jeremy Hunt’s pensions ‘giveaway for richest 1%’

Rachel Reeves vows to reverse ‘free-for-all for wealthy few’

The Guardian - UK

Hunt’s ‘budget for growth’ gives top 1% a pension bonus but ignores public services

No money for nurses, doctors or teachers note critics as Starmer says UK is on ‘path of managed decline’

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