The Latest Breaking News from Rachel Reeves

Make no mistake, the contents of this financial statement are hitting the ‘just about managing’ middle classes devastatingly hard. No jam in sight anywhere for the JAMs… By freezing the basic and higher rate income tax thresholds until 2028, the Treasury hopes to raise £6 billion, as this stealth tax…

Jeremy Hunt whose Autumn Statement included £24 billion of tax rises

Analysis: with half of all British households set to be worse off next year, many Tory MPs fear voters will turn against them

The message was that we were screwed for the foreseeable – just forget about who was to blame

Shadow chancellor attacks ‘crisis made in Downing Street’ but there are few signs of anger on Tory benches

The Shadow Chancellor Rachel Reeves said Britain 'can longer afford a Conservative Government' after Jeremy Hunt confirmed the UK is now in recession with the economy expected to shrink further in 2023

Labour slammed Jeremy Hunt's Autumn Statement

Jeremy Hunt has announced tens of billions of pounds of cuts and stealth tax rises in the Autumn budget statement - from council tax and income tax to energy bills, minimum wage and the state pension and benefits

Rachel Reeves said the Conservative Party is ‘taking the public for fools’