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The Latest Breaking News from Rachel Reeves

The UK risks missing out on the coming AI boom – here’s how it can get back on track

Rachel Reeves, the UK chancellor of the exchequer, has been making cost-cutting announcements ahead of a crunch October budget to deal with what she says is a black hole in the country’s finances. Along with scrapping winter fuel payments, a planned cap on social care and various road and infrastructure…

The Conversation

Ministers launch pension credit campaign after restricting winter fuel payments

Government urges pensioners to check their eligibility for credit which will also qualify recipients for winter fuel support

The Guardian - UK

Rachel Reeves Exposed For Using Taxpayer Funds To Pay Bills After Stripping Pensioners Of Winter Fuel Payments

Rachel Reeves is facing backlash for using taxpayer funds to pay her energy bills while cutting winter fuel payments for pensioners, sparking accusations of hypocrisy and public outrage.

International Business Times UK

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Keir Starmer loses popularity as UK ‘moving in wrong direction’ – new poll

MORE than half of people think the UK is “moving in the wrong direction”, according to a new poll which shows a drop in favourability for Keir…

The National (Scotland)

More than half of people think Britain is ‘moving in wrong direction’ in blow to Starmer

Sir Keir Starmer’s approval ratings have dropped from plus 7 to 0 but he is still more popular than Rishi Sunak

The Independent UK

GDP growth is strong but it masks UK plc’s deep-seated structural problems

Rachel Reeves must show how the Tories failed to tackle longstanding productivity, investment and trade deficits and stress how Labour can

The Guardian - UK

Rachel Reeves’ pension plan could damage the north, says ex-minister

Lord Jim O’Neill says small businesses could lose out from merger of local government schemes to create large fund

The Guardian - UK

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Austerity is still austerity, even under a Labour government

The chancellor should be flushed with victory. Instead, she is adhering to an opposition dogma that undermines her own objectives

The Guardian - UK

The Observer view on growth: Labour must be prepared to spend

Public sector pay rises are vital, but raising the revenue to pay for them will be difficult unless fiscally conservative policies are lifted

The Guardian - UK

It’s time to end blame culture over benefits bill, says Labour minister

Exclusive: Work and pensions secretary Liz Kendall pledges to halt Tory ‘salami slicing’ of benefits, but Labour under fire for union pay deals

The Guardian - UK

A double whammy of winter fuel payment cuts and scrapping a planned cap on social care costs is set to hit older people

Before the general election, former prime minister Rishi Sunak was asked on TV why he “hated pensioners”. After her recent speech in parliament, the same question might be directed at Chancellor Rachel Reeves. She has launched an assault on pensioners in England and Wales akin to the classic boxing “one-two”.

The Conversation

Critic of Osborne’s austerity policy joins Bank of England rate committee

Alan Taylor takes three-year term on Bank’s monetary policy committee and replaces Jonathan Haskel

The Guardian - UK

‘A big ask’: can Labour fix Britain using modern supply-side economics?

Turning to a theory championed by the US Treasury secretary, Reeves aims to upskill the workforce while boosting productivity

The Guardian - UK

Only ‘frontline’ public sector jobs in Scotland to be filled due to UK cuts

THE Scottish Government has confirmed a freeze in public sector recruitment in all but "essential frontline" posts as the UK Government's…

The National (Scotland)

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The Guardian - UK

Does strong economic growth so far in 2024 bode well for Rachel Reeves? Don’t count on it

GDP growth juddered to a halt in June, backing theory the rebound is weak. The next six months could be tough

The Independent UK

Government urged to renew welfare fund amid fears councils unable to plug gap

The Household Support Fund is due to expire at the end of September.

International Business Times

UK Growth Slows Slightly In Second Quarter

Britain's economy grew 0.6 percent in the April-June period, a slight slowdown compared with the first three months of the year, official data showed on Thursday.

The Independent UK

Former Tory minister Therese Coffey applied for job in Labour government

Liz Truss ally applied to for job advertised by the Treasury, but was rejected from role

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The Guardian - UK

UK economy continues recovery from recession with GDP growth of 0.6%

ONS data shows strong performance in second quarter with the service sector helping drive growth

The Guardian - UK

Reeves should nail down UK AstraZeneca deal. A collapse would be embarrassing

Chancellor hopes to cut state aid for Speke vaccine plant to £40m. But pro-growth Treasury must not let project slip overseas

The Guardian - UK

Treasury failed to inform watchdog of top official’s Labour donations – report

Civil Service Commission was not told that Ian Corfield had given the party more than £20,000 over 10 years

The Guardian - UK

Scotland scraps universal winter fuel payment and prepares for more cuts

Shona Robison says decision forced by chancellor’s withdrawal of benefit in other parts of UK

The Independent UK

Jeremy Hunt accuses Rachel Reeves of preparing to use inflation rise as cover for ‘planned’ tax hike

Shadow chancellow took a swipe at the woman who replaced him last month, saying she must not use the latest data to bring in ‘tax rises she had planned all along’

The National (Scotland)

'It'll be tough': SNP look at public sector cuts as Labour 'usher in austerity'

THE Scottish Government will make sure public services “don't crumble away”, the Finance Secretary has said as she raised the prospect of major…

The Guardian - UK

Blow to AstraZeneca vaccine project as Reeves plans funding cuts

Chancellor reportedly seeking to cut £20m from the £65m promised by Hunt to Merseyside manufacturing plant

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