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The Latest Breaking News from Rachel Reeves

A simple solution to Rachel Reeves’ spending cuts? Stop subsidising the banks

A £22bn ‘black hole’ could be filled overnight if Labour stopped paying unnecessarily high interest on balances at Threadneedle Street

The Guardian - UK

UK pensioners left on ‘financial cliff edge’ by cuts to winter fuel payments

New analysis shows tens of thousands of older people may end up worse off than those who retain energy benefit

The Guardian - UK

Britain didn’t vote Labour just to get a new iron chancellor

Rachel Reeves once spoke about long-term borrowing for vital projects. Now she seems to embrace the spirit of Thatcherism

The Guardian - UK

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SNP: Scottish pensioners will 'pay price' for more Labour austerity

THE SNP has branded successive Westminster governments’ treatment of pensioners as "immoral"...

The National (Scotland)

Labour is still in its ‘phoney’ period. Far tougher tests await in autumn

When the honeymoon ends, Keir Starmer’s team will be judged on pressure points from the economy to North Sea oil drilling, writes Guardian columnist Martin Kettle

The Guardian - UK

Rachel Reeves is a 'mini-me', says George Osborne

GEORGE Osborne has called Rachel Reeves a “mini-me” over her recent statement to the Commons, where she announced a swathe of cuts to plug a…

The National (Scotland)

Keir Starmer has negative approval ratings less than one month after election

KEIR Starmer already has negative approval ratings, less than one month after the General Election ...

The National (Scotland)

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U.K. government meets Big Tech—including a16z crypto: ‘Unlike in the U.S., it’s not political’

As crypto remains politicized in the U.S., across the pond, it’s bridging the gap.

Fortune

Not in the minister’s back yard: is Starmer’s cabinet onboard with housebuilding plans?

The manifesto promises 1.5m homes – but some on the PM’s frontbench have had their own nimby moments

The Guardian - UK

Pensioner body calls on Reeves to reverse cut to winter fuel allowance

National Pensioners Convention tells chancellor decision means many older people ‘may not survive to see the spring’

The Guardian - UK

“This could kill us”: Labour urged to bring back Winter Fuel Payment for millions of pensioners

Age UK says around two millions ‘struggling pensioners’ will miss out

The Independent UK

Labour is right to ditch the winter fuel allowance – it isn’t ‘robbing’ old people

Scrapping the so far universal benefit for millions of pensioners means money can be diverted to those who need it most, says Guardian columnist Polly Toynbee

The Guardian - UK

Bank of England dismisses Tory claims public sector pay rises will stoke inflation

Bank’s governor says planned awards of 5-6% would have relatively small impact on headline inflation

The Guardian - UK

Winter Fuel Payment cut is 'opportunity' for Scotland, Anas Sarwar says

The Scottish Government should explore making its version of the Winter Fuel Payment “more targeted”, the leader of Scottish Labour has said.

The National (Scotland)

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The Guardian - UK

Relief for borrowers as UK interest rates cut but little sign big reductions to come

Incremental cuts likely over two to three years with rates expected to stay well above pre-Covid levels of 0.75%

The National (Scotland)

Thousands sign petition calling on Anas Sarwar to resign

A PETITION calling on Anas Sarwar to resign as the leader of Scottish Labour has now been signed by more than 2000 people...

The Guardian - UK

The cynical spectre of Osbornomics is haunting the Labour party

Emergency cuts, empty pockets, a ‘maxed-out credit card’: why is Rachel Reeves using the language and logic of austerity, asks Guardian columnist Aditya Chakrabortty

International Business Times

Bank Of England To Finally Cut Interest Rate?

The Bank of England announces its latest interest-rate decision Thursday, with analysts split on whether it will cut for the first time since the Covid pandemic after inflation's retreat.

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The Guardian - UK

Many pensioners can’t afford to lose the winter fuel allowance

Letters: Readers criticise the decision of the chancellor, Rachel Reeves, to limit the payment to those on pension credits

The Guardian - UK

Here’s how Rachel Reeves could plug the black hole in Britain’s finances

Letters: Mark Bill offers the new chancellor some suggestions on raising taxes and closing loopholes. Plus letters from Joseph Koppenhout and David Tucker

International Business Times UK

Netizens Call For Immediate Cut Of MP Salaries And Expenses After Rachel Reeves Leaves 10M Pensioners 'Out In The Cold'

Reeves claimed the public finances face an extra £22 billion hole inherited from the Conservatives and warned of "difficult decisions" ahead

The National (Scotland)

Anas Sarwar left red-faced after Rachel Reeves tax intervention

ANAS Sarwar has been left red-faced following comments he made about Labour’s tax plans during the election campaign ...

The National (Scotland)

Hundreds sign petition calling for Anas Sarwar to resign

HUNDREDS of people have signed a petition calling for the resignation of Anas Sarwar for “misleading the Scottish electorate”.

The Independent UK

Rachel Reeves will be forced to U-turn on winter fuel means tests, warns former minister

The former minister who was in charge of pensioner benefits for five years has explained why Rachel Reeves’s plans to means test winter fuel payments will have to be ditched

The Independent UK

First female chancellor Rachel Reeves reveals she is stuck with a urinal in her office toilet

The chancellor, who is the first woman to hold the post since its creation a thousand years ago, said the urinal cannot be replaced

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