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The Latest Breaking News from Rachel Reeves

Tories will tell difficult truths, Badenoch to say in bid to regain voter trust

The Conservative leader is also expected to criticise the Labour Party for announcing ‘mad and bad ideas’ which the Tories rejected when in power.

Evening Standard

Unexpected drop in inflation lifts pressure off Rachel Reeves

UK chancellor has had tough week but latest figure sends yield of UK government bonds tumbling

The Guardian - UK

Britain's Rising Borrowing Costs Threaten Left-Leaning Program

Britain's new government faces challenges with rising borrowing costs impacting spending decisions and economic growth. Explore the implications and strate...

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No 10 accused of having ‘revolving door’ after new Treasury minister embroiled in China row

Emma Reynolds, who replaces Tulip Siddiq, pressed government over foreign influence rules while at lobbyist

The Guardian - UK

Rachel Reeves warned not to target farmers for a second time as she searches for spending cuts

Labour told not to take money from flood defences and farm schemes in wake of inheritance tax raid in the Budget

The Independent UK

OPINION - Unshackle London and the capital will drag Britain out of stagflation

We may not be in recession...yet but the markets have made up their own minds about prospects for the UK

Evening Standard

No shadow cabinet members will be sacked in next four years – Badenoch spokesman

The Conservative leader is ‘very happy’ with her shadow cabinet, her spokesman said.

Evening Standard

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PM insists Reeves in post for ‘many years’ amid calls to rule out tax hikes

Conservative Party leader Kemi Badenoch asked Sir Keir Starmer if the country could ‘afford four more years of his terrible judgments’.

Evening Standard

Kemi Badenoch heckled after suggesting Rachel Reeves got job 'because she's female'

KEMI Badenoch was met with outraged shouts after suggesting that Rachel Reeves got the job as Chancellor of the Exchequer because she is a woman ...

The National (Scotland)

Watch live: Keir Starmer faces grilling from Kemi Badenoch in Commons after surprise inflation fall

Watch live as Sir Keir Starmer faces Kemi Badenoch at Prime Minister's Questions on Wednesday, 15 January, after a surprise inflation fall gave a boost to under-fire chancellor Rachel Reeves.

The Independent UK

Labour Government has no mandate for austerity, Kate Forbes says

KATE Forbes has warned the Labour Government that it does not have a mandate for austerity ...

The National (Scotland)

Bridget Phillipson dodges question on impact of private school tax raid

As parents and schools complain of chaos, Ms Phillipson refuses to spell out details of the assessment made by the department for education

The Independent UK

Slower UK inflation relieves pressure on Rachel Reeves as financial markets calm

The cost of Government borrowing eased on Wednesday morning in a tentative sign of relief among traders after more heightened economic concerns.

Evening Standard

PMQs LIVE: Keir Starmer and Kemi Badenoch clash after Tulip Siddiq's resignation and inflation fall

PM faces questions over Tulip Siddiq’s resignation as Treasury minister

Evening Standard

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Evening Standard

Treasury minister signals cutbacks in some public spending to pour more funds into dash for growth

Cabinet ministers will have to meet face-to-face to come up with departmental savings to fund the Government’s priorities

The National (Scotland)

Labour MPs call Rachel Reeves 'the temp' and compare her to Liz Truss

RACHEL Reeves is being compared to Liz Truss and called a “temp” by her own Labour colleagues ...

The Guardian - UK

Dip in UK inflation offers respite for Reeves and paves way for interest rate cut

Unexpected fall last month will help ease Treasury and Bank of England fears after bond market sell-off

International Business Times

UK Inflation Dips, Easing Some Pressure On Government

Britain's annual inflation rate unexpectedly fell to 2.5 percent last month, official data showed Wednesday, easing some pressure on the Labour government faced with economic unrest.

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Evening Standard

Surprise inflation dip provides ‘respite’ for Chancellor amid market turmoil

Chancellor of the Exchequer Rachel Reeves said she will ‘fight every day’ to improve people’s living standards.

The National (Scotland)

Inflation remains above Bank of England target as Rachel Reeves fights for job

UK inflation unexpectedly fell by 0.1 per cent last month as a dip in hotel prices helped offset a jump in the cost of fuel, new official figures…

The Guardian - UK

Fall in UK inflation to 2.5% paves way for Bank of England rate cut

After week of turbulence in markets, ONS data sends bond yields falling and eases pressure on chancellor

The Independent UK

Inflation unexpectedly falls to 2.5% in boost for Reeves’s plans

In November, the Consumer Prices Index (CPI) came in at 2.6 per cent, where petrol, train travel, and live entertainment pushed up prices

The Guardian - UK

Keir Starmer is right to gamble on an AI revolution, but it might not pay out in time

The cash to match the prime minister’s ambition will have to come from other budgets long before any benefits are seen, says Guardian columnist Rafael Behr

Evening Standard

What the papers say – January 15

A range of stories lead the papers on Wednesday.

Evening Standard

Ministers await inflation data as Reeves defends response to market turbulence

Chancellor Rachel Reeves is dealing with a period of turbulence in the UK financial markets.

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