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The Latest Breaking News from Rachel Reeves

Mortgages could increase by £14,000 a year for some homeowners, says Labour

The Office for National Statistics has predicted more than 1.4 million households are facing the prospect of interest rate rises when they renew their fixed-rate mortgages this year

Wales Online

Homeowners face mortgage hikes of up to £14,000 a year, says Labour

The party listed expected annual increases in mortgages in every UK constituency, with London’s Kensington topping the ranking.

The Independent UK

Jeremy Hunt bizarrely twice refuses to say if he's paid a tax fine before changing mind

The Chancellor claimed that people at home were not 'remotely interested in personal tax affairs' after delivering a speech on the government's economic priorities

Daily Mirror

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Figures show UK £60bn worse off than other countries as Jeremy Hunt lays out growth plan

The dismal analysis came as Chancellor Jeremy Hunt gave a speech laying out the government's plans for investment and growth

Daily Mirror

Davos Man Starmer wants Labour to look like it means business

Under pressure, politicians can give answers that reveal more than they think. In two quick-fire responses to Emily Maitlis and Jon Sopel in their News Agents podcast, Sir Keir Starmer told a story about his leadership of the Labour Party. The two answers he gave were Piers Morgan and Davos,…

Evening Standard

Labour would give grants to small firms to help them go green

Sir Keir Starmer and Rachel Reeves will visit a renewable energy company on Monday.

The Independent UK

Businesses berate ‘scattergun’ approach to UK government energy support

Exclusive: small business and hospitality groups urge rethink to let firms renegotiate fairer contracts and stave off closure

The Guardian - UK

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Wilson won after 13 wasted Tory years. Starmer can do exactly the same

The Labour front bench was highly visible in Davos, while Sunak didn’t even attend. One senses that the guard is changing

The Guardian - UK

Nadhim Zahawi admits to 'careless error' as he breaks silence on tax bill row

The former chancellor, who attends Rishi Sunak's Cabinet, has been under pressure since it was reported that he paid HM Revenue & Customs a seven-figure sum to end a dispute

Daily Mirror

Labour’s Rachel Reeves aiming to be ‘Britain’s first green chancellor’

Frontbencher to call for more help with energy bills for householders and to promise massive green power programme

The Guardian - UK

Davos day 4: IMF’s Georgieva says economic outlook ‘less bad’ than feared; Russia heading for ‘incredible poverty’ – as it happened

Rolling coverage of the final day of the World Economic Forum

The Guardian - UK

Davos 2023: UK Labour signals pragmatism over divergence on EU

Britain's opposition Labour party, ahead in polls with an election due in less than two years, said that in government it would favour pragmatism over divergence for its own sake in dealings with the European Union.

Reuters

Keir Starmer to invoke Blair as he tells Davos the UK is ‘open for business’

Labour leader to meet bosses of Goldman Sachs, Morgan Stanley, JP Morgan and BlackRock

The Independent UK

Starmer to tell Davos a Labour Britain would be ‘open for business’

Labour leader and shadow chancellor to promote green investment at forum in Sunak’s absence

The Guardian - UK

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The Independent UK

Starmer to tell global finance UK will be ‘open for business’ under Labour

The Labour leader and shadow chancellor Rachel Reeves are joining the annual gathering of international movers and shakers in Davos.

The Independent UK

Westminster donations: The MPs given £250,000 for campaigns and causes

Party leaders Keir Starmer and Rishi Sunak among MPs topping list

The Guardian - UK

Keir Starmer may win power, but he won’t be able to turn the UK around on the cheap

A Labour government is destined to fail unless it pledges to increase spending on public services, says James Meadway of the Progressive Economy Forum

Daily Mirror

UK only halfway through cost-of-living income squeeze - with worst to come

The bleak analysis from the Resolution Foundation think tank suggests the typical household will see their disposable incomes fall by £2,100 over a two-year period

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The Guardian - UK

Keir Starmer: ‘I’m against austerity. But we’re going to have to be fiscally disciplined’

The Labour leader is keen to emphasise he would be a prudent PM despite inheriting cash-starved public services

The Guardian - UK

Labour is trumpeting its Great British Energy plan – but where’s the detail?

Until we’re told more, it’s impossible to know if GBE will merely retread old ground or pursue far more ambitious goals

The Independent UK

Starmer promises to ‘take back control’ in new year speech

The Labour leader said his party would not be able to get its ‘big government chequebook’ out if it wins the next election.

The Independent UK

Keir Starmer promises ‘take back control’ bill as Labour embraces Brexit slogan

Labour leader vows to turn Vote Leave message ‘from slogan into solution’

The Guardian - UK

Anti-strike legislation could worsen NHS services, Labour says

Shadow chancellor Rachel Reeves confirms Labour will oppose plan because it is likely to erode goodwill of doctors and nurses

The Independent UK

Starmer says Labour’s vision for government will not lead to big spending

The Opposition leader is expected to declare that putting him in No 10 would not result in getting a ‘big government chequebook out’.

Evening Standard

Keir Starmer: The big challenges facing Labour leader in 2023 as he prepares to deliver major speech

Sir Keir Starmer ended 2022 with a comfortable poll lead over the Conservatives and in firm control of his party.

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