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The Latest Breaking News from Rachel Reeves

Tory ‘economic competence’ led Britain to Black Wednesday. Never forget

The anniversary of Norman Lamont’s failure is a timely reminder to Labour not to have its fiscal agenda set by the opposition

The Guardian - UK

Financial leaders and party insiders warn Starmer: we need less gloom, more optimism

PM told his downbeat tone risks putting off investors and that his conference speech must temper realism with hope

The Guardian - UK

The Observer view on the UK economy: Labour is holding back when it should be bold

Ministers should stop wasting their time – and their hefty mandate – trying to make failed Tory policies work

The Guardian - UK

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In ending the winter fuel allowance, this is not the Labour party I voted for

Whatever Rachel Reeves may achieve, she will always be known for this

The Guardian - UK

Ex-Labour MP: Keir Starmer's winter fuel cut will stick 'like Thatcher and the milk'

KEIR Starmer’s decision to take the Winter Fuel Payment (WFP) from all but the poorest pensioners will “stick like Thatcher and the milk” and…

The National (Scotland)

Union accuses Labour of ‘cruelty’ over winter fuel payment cuts as 780,000 pensioners to miss out

Labour’s biggest union backer has increased pressure over the cuts, putting forward a motion to Labour’s conference this month calling for the move to be reversed

The Independent UK

After Labour’s dour start, there’s still hope for sunshine from Starmer and Reeves

The big bet is that cuts in interest rates boost growth. In the meantime, small but meaningful gestures could help soothe the public mood, says Guardian columnist Jonathan Freedland

The Guardian - UK

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‘We need to hear about hope’: unions greet Keir Starmer TUC speech with mixed emotions

Enthusiasm for public sector pay awards tempered by concern over winter fuel payment cuts and job losses

The Guardian - UK

Labour’s £22bn black hole gloom ‘unnecessary and unhelpful’, former BoE chief economist warns

Chancellor’s warnings hampered post-election ‘sense of refresh’, says Andy Haldane

The Independent UK

Starmer confirms no impact assessment of winter fuel payment squeeze carried out

The Prime Minister said he had not received a report setting out the impact of the decision to means-test the benefit

Evening Standard

Rachel Reeves, Who Earns £159K, Defends £3,700 Claim While Pensioners Lose Winter Fuel Payments

Rachel Reeves defended her £3,700 energy expenses to heat her second home while facing backlash for cutting winter fuel payments for millions of pensioners under new government policies.

International Business Times UK

Keir Starmer and Rachel Reeves' popularity plummets, according to new poll

Public favourability for both Keir Starmer and Rachel Reeves has fallen sharply, according to a poll ...

The National (Scotland)

We did not do impact assessment of winter fuel payment cut, No 10 admits

Spokesperson for Keir Starmer says focus was instead on encouraging pensioners to seek additional support

The Guardian - UK

Can UK avoid national debt almost tripling over next 50 years?

OBR report is not all doom and gloom, but preventing debt rising to 274% of GDP would require tough action

The Guardian - UK

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The Guardian - UK

Bank of England waters down plans to impose tougher capital rules on UK banks

Chancellor says revision of how much lenders must set aside to cope with future crises will bolster growth

The Guardian - UK

Surge in larger homes for sale amid capital gains tax fears, Rightmove says

Speculation Rachel Reeves to raise tax in budget thought one reason for some homeowners cashing out

The Guardian - UK

Long NHS delays in England leading to thousands of unnecessary deaths, inquiry finds

Detailed analysis warns Keir Starmer it will take longer than five years to get waiting times back on track

The Guardian - UK

Triple lock won’t save pensioners from Labour’s winter fuel blunder

Letters: Melanie Henwood on the impact that the government’s decision will have this winter on those who are old and cold. Plus letters from Pauline Cartwright and Paul Marsden

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International Business Times

UK Economy Stalls, Dealing Blow To New Government

Britain's economy stalled again in July, official data showed Wednesday, dealing a blow to the new Labour government that has put growth expansion at the top of its priority list.

International Business Times

Amazon To Invest GBP8 Bn In UK In Boost For New Labour Govt

US tech giant Amazon is to invest GBP8 billion ($10.5 billion) in Britain over the next five years, creating thousands of jobs via its web services arm, the company and UK government announced Wednesday.

The Independent UK

Rachel Reeves warned tax rises could damage growth as economy flatlines for second month in a row

Chancellor says that change will not happen ‘overnight’ after latest disappointing economic figures

The Independent UK

Labour MPs expensed over £400,000 for energy bills before axing winter fuel payments

MPs are able to pay for some energy bills using taxpayer money under the current expenses rules

Evening Standard

Summer of sport saves GDP from a surprise slump in July as economy stalls

Flatlining economy in the month Labour came to power is a disappointing backdrop to preparations for key Budget in October

The Independent UK

Economy flatlines as UK sees no growth for second month in a row

Chancellor Rachel Reeves said she is under no illusion about the scale of the challenge for Labour

The Guardian - UK

Why did Starmer cut the winter fuel allowance? It’s called Treasury brain – and that spells trouble

It has struck again, the notorious syndrome that causes Chancellors to identify cost savings that look ingenious on a spreadsheet but turn out stupid in the real world, says Guardian column Rafael Behr

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