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The Latest Breaking News from Rachel Reeves

Pound steadies but Kwasi Kwarteng faces massive market turmoil

The pound steadied in early trading in Asian markets on Tuesday as it climbed to $1.07 just before 6am

Evening Standard

Labour take biggest lead for 21 YEARS in YouGov poll - and Boris Johnson could lose seat

If the results of a YouGov poll were repeated at a General Election, Labour would win a 182-seat majority after Tory support plummeted following Friday's mini-budget

Daily Mirror

Starmer takes aim at Tories as Labour buoyed by promising poll

The Labour leader will quote Sir Tony Blair to dub his party the ‘political wing of the British people’.

The Independent UK

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Lisa Nandy: ‘Levelling up under the Tories is dead. Labour is the only answer’

Shadow levelling up secretary says her party is coming back to finish the job of the New Labour government

The Guardian - UK

Labour vows to bring back 45% top rate tax and invest in NHS

Shadow chancellor Rachel Reeves says recent events show Labour is now party of economic competence

The Guardian - UK

Reeves sharpens economic dividing lines with vision of medium-sized state

The shadow chancellor again sought to reassure businesses that Labour would work with them in government.

The Independent UK

Targetting government, UK's Labour pledges sound finances and strong public services

Britain's opposition Labour Party set out its economic vision on Monday, promising, if in power, to be fiscally responsible and take care of public services, in a swipe at the Conservative government's tax cuts for the wealthy.

Reuters

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Reeves: I’ll reverse abolition of 45% income tax rate to fund NHS staffing surge

The shadow chancellor said a Labour administration would also implement the “biggest expansion of medical school places in British history”.

The Independent UK

Rachel Reeves promises 'genuine living wage' on day one of a Labour government

The shadow chancellor said investment in public services, investing in the green revolution and paying proper wages would grow the economy.

Daily Record

Government to push on with tax cuts as pound hits all-time low against dollar

Neither Chancellor Kwasi Kwarteng nor Liz Truss are currently expected to publicly address the major market shift, following Friday’s mini-budget

Evening Standard

Truss and Kwarteng 'desperate gamblers' as pound plummets

Shadow Chancellor Rachel Reeves describes the Prime Minister and Chancellor as 'out of control' as currency crashes following Friday's shock mini-budget

Liverpool Echo

Labour pledges thousands more doctors, nurses and midwives by restoring 45p tax rate

Rachel Reeves says billions saved will deliver ‘one of the biggest expansions of NHS workforce in history‘ – in clear dividing line with Tories

The Independent UK

Labour: ‘We’ll bring back 45p top rate to fund more nurses’

Thousands more NHS jobs pledged after Labour promise to end Kwasi Kwarteng’s tax cut

Evening Standard

Labour vows to reverse Tory tax cut to fund massive NHS workforce expansion

Shadow Chancellor Rachel Reeves said the NHS was 'on its knees' and Labour would pour cash into boosting health service staff rather than prioritising tax cuts for the richest

Daily Mirror

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Daily Record

Five ways the falling value of the pound will impact on your daily life

The financial markets reacted badly to Kwasi Kwarteng’s mini-budget last week. But how will it impact ordinary consumers?

Manchester Evening News

ITV Good Morning Britain's Ed Balls hints at Susanna Reid outrage after 'patronising' joke about guest's hair

Ed said he'd have been 'in trouble' if he had said what Susanna had

Daily Mirror

Labour says Kwasi Kwarteng 'fanned flames' for pound's fall with fresh tax cut hints

The pound plunged to an all-time low against the US dollar this morning amid hammered market confidence over the Government's economic plans

The Independent UK

Labour accuses Kwasi Kwarteng of ‘fanning flames’ of falling pound

Shadow chancellor Rachel Reeves accused the Government of recklessly gambling with the nation’s finances.

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Liverpool Echo

Susanna Reid pulled up on hair comments during tax cuts interview on GMB

Co-host Ed Balls told Susanna Reid: "Good job I didn’t say that"

Leeds Live

Good Morning Britain fans slam Susanna Reid for 'awkward' haircut comment

Some viewers described the exchange on Good Morning Britain today as 'awkward'

The Independent UK

Liz Truss and Kwarteng accused of ‘gambling with public’s money’ as pound plummets

Chancellor ‘fanned the flames’ for pound’s fall with hint of further unfunded tax cuts, says Labour

The Guardian - UK

Labour conference votes to put pledge to introduce proportional representation in manifesto despite Starmer ruling it out – as it happened

Loud cheering as motion on PR is carried even though Labour leader says he will ignore vote.

The Guardian - UK

Truss and Kwarteng like ‘gamblers in a casino’, says Labour as pound hits record low

Shadow chancellor decries government’s economic plans as ‘reckless, irresponsible and unfair’

Liverpool Echo

Starmer in Bootle as Labour Party Conference gets into full swing

Party leader visits social housing project after a busy opening day of conference

The Independent UK

Ex-England star Neville due at conference as Labour sets out investment plan

Shadow chancellor Rachel Reeves has the main speech but Gary Neville will be the star attraction at the Liverpool conference.

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