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The Latest Breaking News from Rachel Reeves

Act soon to change ‘unsustainable’ direction of UK debt, OBR warns

Forecaster says curtailing rising costs such as health and pensions ‘are today’s challenge, not just tomorrow’s’

The Guardian - UK

‘New direction, same old problems’: the economic challenges facing Andy Burnham

Blair met good fortune when he assumed office, others such as Wilson faced tougher times. The PM-presumptive will start firmly on the back foot

The Guardian - UK

Andy Burnham 'to drive wealthy out of UK' if he hits London with huge tax raid to level up North

Kensington and Chelsea Council leader Elizabeth Campbell said that ‘punishing’ the capital would make the UK poorer

Evening Standard

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read the most diverse news in one place.

Burnham’s funding gap: what state are UK finances in for the PM-in-waiting?

Given pressures on the public purse, the Makerfield MP may have to look at autumn tax rises to fund his ‘new direction’

The Guardian - UK

Infrastructure cuts to pay for defence will cost UK 10,000 jobs, analysis shows

Exclusive: Findings cast doubt on Starmer claims that reallocation of funds to MoD will boost British jobs

The Guardian - UK

Bankers and unions set for clash over possible Burnham tax raid on UK banks

City bosses say move would be economically disastrous, but union leaders urge likely new PM to ignore ‘vested interests’

The Guardian - UK

Voices: Sir Keir has left a fiscal mess for Andy Burnham to clean up

THE INDEPENDENT VIEW : Editorial: A £4.7bn shortfall in the Defence Investment Plan is some legacy for the PM to leave his successor to fund, especially after complaining so bitterly about the ‘black hole’ left by his own predecessors

The Independent UK

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Government is warned support on energy bills can’t wait as price cap rises £221

Chancellor Rachel Reeves has indicated that targeted energy support could come in the autumn

The Independent UK

Defence Secretary has ‘assurance’ Andy Burnham will invest in armed forces

Dan Jarvis secured a £15 billion uplift in defence spending in Tuesday’s Defence Investment Plan.

Evening Standard

Andy Burnham 'to slash' central Government with tens of thousands of jobs going in London

The Prime Minister-in-waiting is vowing to deliver the ‘biggest devolution of power in modern times’ in Britain

Evening Standard

Burnham told of £4.7bn defence black hole yesterday, minister suggests

Ministers faced questions over the funding gap and whether Mr Burnham was blindsided by Sir Keir Starmer’s announcement.

The Independent UK

Andy Burnham warned 'don't harm' London as bosses unveil 10-point plan for capital to thrive

The Prime Minister-in-waiting was urged not to hit businesses with a new wave of tax rises and red tape

Evening Standard

Defence Secretary faces questions on £4.7bn funding gap left to Andy Burnham

The presumptive prime minister will have to identify an extra tranche of funding for defence in his first budget.

Evening Standard

Burnham left with £4.7bn bill for Starmer’s new defence investment plan

Ally of PM-in-waiting says four-year boost for the armed forces is an ‘unexploded bomb’

The Guardian - UK

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news in one place.

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The Guardian - UK

Britain has finally grasped the nettle on defence, but tough choices lie ahead

The new PM must balance the security budget and other urgent spending priorities, with little room for manoeuvre

Evening Standard

Andy Burnham: I'll cut transport fares in London to lower cost of living for millions

Exclusive: The Prime Minister-in-waiting also pledges more affordable homes including in the heart of the capital where property prices are sky-high

The Guardian - UK

Andy Burnham says he will end culture of briefing against female ministers

PM hopeful tells meeting of women’s parliamentary Labour party that any staff who undermine female members of his team will be sacked

International Business Times UK

Britain's Safety At Risk? Labour's Defence Plan Faces £14 Billion Black Hole

The UK Government's £14.5 billion Defence Investment Plan faces criticism for insufficient new funding, raising concerns about military readiness and financial pressures on the Ministry of Defence.

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news in one place.

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Evening Standard

Key points from the defence investment plan

Here are the key points from the Prime Minister’s speech and defence investment plan.

The Guardian - UK

Long-delayed defence investment plan to be published with £5bn for drones

New defence secretary, Dan Jarvis, persuades Rachel Reeves to reduce £18bn gap that led to John Healey quitting

The Guardian - UK

High-street slot machines and casinos could face £460m tax rise under Burnham

Thinktank finds 43% of the public would support a move by Labour to raise taxes on adult gaming centres

The Guardian - UK

What is Andy Burnham’s economic and political blueprint for Britain?

Plans include greater regional power, public ownership of utilities and the end of trickle-down economics

The Independent UK

The questions Andy Burnham urgently needs to answer

LABOUR LEADERSHIP : The prime minister-in-waiting made Labour MPs feel good about themselves – and the future of the party – with his speech in Manchester. But he ducked questions from journalists – and thereby avoided any scrutiny of the details of his policies. David Maddox looks at the pieces…

The Independent UK

Burnham latest: PM in waiting unveils ‘No 10 North’ plan to get power out of London as he vows to ‘rewire Britain’

The PM-in-waiting promised a 'new direction' for the country as he addressed audience in Manchester

The Independent UK

Ukraine-Russia war latest: Zelensky mocks Putin’s failure to capture Donbas ‘15 times already’

Putin admits fuel supply problems have created shortages in Russia as Kyiv continues attacks on his oil refineries

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