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The Latest Breaking News from Rachel Reeves

Labour calls for rates cut and energy subsidies to ease food price rises

The party said food prices overall were growing 50% faster in Britain than elsewhere in the G7.

The Independent UK

The Guardian view on management consultants: overused, underperforming

Editorial: The omnipresence of consultancies is harming public services, while creating lucrative opportunities for private profit

The Guardian - UK

Inside the internecine battle between Rishi Sunak and Keir Starmer

With a new viral campaign accusing the Prime Minister of weakness over sex offenders, the Opposition are getting rough. Anne McElvoy on the key players and tensions within the two camps

Evening Standard

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Angela Rayner gives fresh hint of tax rises for rich under Labour

Party’s deputy leader criticised Rishi Sunak for offering tax breaks to the wealthiest while ‘pushing the burden on working families’

The Independent UK

Labour to launch five-point plan to breathe new life into high streets

Cutting business rates is among the measures to be announced by Labour leader Sir Keir Starmer and shadow chancellor Rachel Reeves.

The Independent UK

UK will be worst performing G7 nation this year as economy shrinks, experts predict

The International Monetary Fund thinks UK plc will shrink 0.3%, and the only other advanced economy in the G7 group expected to decline is Germany’s, by 0.1%

Daily Mirror

City of London police open inquiry into alleged sexual misconduct at CBI

Investigation begins after the Guardian reports on complaints against senior figures at business organisation

The Guardian - UK

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Mortgages for first-time buyers 'have risen by £500 a month'

Analysis by the Labour Party claims mortgage bills rose from £837 in January 2022 to £1,303 in December

Wales Online

Labour to take aim at Sunak’s leadership on cost of living crisis

Party will continue to single out PM, after campaign ad last week that led to accusations of ‘dog-whistle’ politics

The Guardian - UK

First-time buyers’ mortgage bills up by £500 a month, Labour says

It is pitching itself as the party of home ownership in the run-up to the May local elections.

The Independent UK

With Tories stealing some of Labour’s best clothes, Starmer needs a change of gear

Being dull but safe won’t help Keir Starmer pull off a big win over the Conservatives. He needs to offer meatier fare than that

The Guardian - UK

Cost of everyday essentials have soared by £3,500 since 2019, says Labour

Shadow chancellor Rachel Reeves said the figures are ‘a mark of 13 years of Tory failure that have left families worse off’.

The Independent UK

Keir Starmer brands Rishi Sunak 'Mr 1%' as he blasts pension tax breaks for fatcats

The Labour leader made the savage comment about the PM at a local elections campaign launch in Swindon, where he criticised the Chancellor’s decision to scrap the top limit on tax-free pensions savings in his Budget

Daily Mirror

Humza Yousaf reprises Nicola Sturgeon’s old hits in underwhelming first FMQs

Scotland’s new first minister looked knackered from efforts to unite his party after bruising leadership race

The Guardian - UK

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The Guardian - UK

Labour would freeze council tax for one year, says Keir Starmer

Party leader says Labour would use windfall tax profits to stop rises, as local election campaign begins

The Independent UK

Rishi Sunak branded ‘Mr One Percent’ by Keir Starmer

The Labour leader hit out at the Tories’ tax policies as he launched his party’s campaign for the May local elections.

Evening Standard

Labour freeze on council tax would include Mayor Sadiq Khan’s share

Sadiq Khan would not be raising City Hall’s share of the council tax this year under a Labour pledge

The Independent UK

Rachel Reeves says Labour does not plan to increase capital gains tax

It comes after Angela Rayner said Rishi Sunak ‘pays a far lower tax rate than working people’ because most of his earnings came from capital gains.

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The Guardian - UK

Postponing state pension age decision ‘not exactly a sign of strength’, Jacob Rees-Mogg tells Tories – as it happened

Latest updates: former business secretary says postponing decision about rise in state pension is ‘a decision in itself’

The Independent UK

‘Britain should be embarrassed’ it has never had a female chancellor, says Rachel Reeves as she eyes up role

Exclusive: Labour’s Rachel Reeves says she wants to ‘smash’ glass ceilings and end the gender pay gap

Daily Mirror

Tories' £1bn giveaway to richest 1% 'will stop just 100 doctors retiring a year'

Thousands of fat cat bosses were left toasting Chancellor Jeremy Hunt after he scrapped the top limit on tax-free pensions savings, a move which has been branded a "pensions bung to the wealthy"

The Guardian - UK

Labour says Hunt budget unravelling amid criticism on pensions

Shadow chancellor says pension changes are ‘wrong priority, at the wrong time, for the wrong people’

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%’

Daily Mirror

Brits in midst of 'disastrous decade' for living standards after 13 years of Tory rule

A post-Budget analysis by the Resolution Foundation says household disposable incomes will still be lower in 2027-28 than before the Covid crisis while some Whitehall ministries face cuts of 10%

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