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The Latest Breaking News from Rachel Reeves

Shrinking economy offers unhelpful backdrop for Rachel Reeves’s growth push

GDP goes in wrong direction as chancellor puts final touches to fiscal plans

The Guardian - UK

Ministers must get a grip of broken benefits system, Rachel Reeves insists

Labour MPs are worried about the impact of expected cuts to the welfare budget.

The Independent UK

Broken benefits system must be brought under control, insists Chancellor Rachel Reeves

Ministers hope to reduce the number of working-age people claiming benefits, but some Labour MPs are concerned plans will harm vulnerable people

Evening Standard

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UK Economy Unexpectedly Shrinks In January In Blow To Govt

Britain's economy unexpectedly shrank in January, official data showed Friday, piling more pressure on the Labour government ahead of its Spring Statement on the economy.

International Business Times

Sky News Interrupts for Breaking Update in Major Blow to Rachel Reeves and Keir Starmer

The Fashion Central

Chancellor ‘determined to turn around’ economy amid surprise fall in GDP

Figures revealed a surprise contraction in the economy in January, in a blow to Rachel Reeves ahead of her spring statement.

Evening Standard

UK economy unexpectedly shrank by 0.1% in January in blow to Rachel Reeves

The slowdown in January piles further pressure on Rachel Reeves and Sir Keir Starmer ahead off this month’s spring statement

The Independent UK

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City fears recession after shock 0.1% fall in GDP in January

Manufacturing and North Sea oil and gas production see big falls in output

Evening Standard

UK economy shrinks unexpectedly in blow to Rachel Reeves

ONS data showing 0.1% fall in GDP in January comes less than two weeks before chancellor’s spring statement

The Guardian - UK

Rachel Reeves says increase in lending capacity will help UK defence sector

The Chancellor said the move came on top of increased defence spending by the Government.

Evening Standard

Treasury to push ahead with cash ISA reform despite backlash

Some speculate the chancellor could return the tax-free savings limit to 2009 levels

The Independent UK

UK Government ‘blinded’ by money worries when it cut fuel payment, court told

Pensioners Florence and Peter Fanning, from North Lanarkshire, are challenging last year’s change to the winter fuel payment.

Evening Standard

Winter fuel payment cut ‘tainted’ by lack of impact assessment, court told

Two Scottish pensioners have brought a legal challenge to the decision at the Court of Session.

Evening Standard

Labour Lunacy Sparks Fears of 'National Security Crisis' as UK Faces Decline

Britain is teetering on the precipice of a "national security crisis" and "historic decline" thanks to Labour's incompetence, a bombshell new report warns.

The Fashion Central

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The National (Scotland)

Benefits cuts could be watered down amid anger from Labour MPs

The UK Government could water down cuts to disability benefits amid anger from Labour MPs ...

The National (Scotland)

Scottish couple challenge UK Government Winter Fuel Payment cut in court

A final legal challenge against the UK Government’s decision to scrap the Winter Fuel Payment for pensioners will be heard at the Court of…

The Guardian - UK

Labour needs an urgent history lesson. Its plans couldn’t fund a war and won’t boost growth

We are seeing a pale version of military Keynesianism, and for what? That money would be better spent fighting the climate crisis, says Guardian columnist Larry Elliott

The Guardian - UK

Thursday briefing: How Labour’s proposed benefits bill cuts could affect the most vulnerable

In today’s newsletter: The PM has paved the way for the chancellor to overhaul ‘indefensible’ incapacity and disability payments – are there echoes of the Tories’ war on ‘sicknote culture’?

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The Independent UK

PM to attack ‘cottage industry of blockers’ as he vows to cut red tape

Sir Keir Starmer is expected to set out plans to cut regulation and make Whitehall more efficient in an intervention on Thursday.

Evening Standard

Britain's 'flabby' state to be reformed vows PM Keir Starmer - amid claim civil servants could be paid more

Sir Keir Starmer will set out plans to cut regulation and make Whitehall more efficient in a speech on Thursday

The Guardian - UK

Keir Starmer could face biggest rebellion over disability benefit freeze

Exclusive: Dozens of Labour MPs understood to have urged the government to think again

The Guardian - UK

UK drops down list of affluent nations after decade of stagnation, NIESR finds

Districts in Birmingham now ranked below poorest areas of France, Malta and Slovenia as institute urges rethink on planned welfare cuts

The Independent UK

Poorest in Britain worse off than Slovenia and Malta after 15 years of stagnant wages, report warns

A damning report found that the worst off in parts of Britain are now poorer than those in Slovenia and Malta after a decade and a half of stagnant incomes

The Guardian - UK

No cash Isa shake-up in spring statement, but Reeves still considering cuts

Reduction in maximum amount from £20,000 to £4,000 understood to be longer-term aim for chancellor

The Independent UK

Bank of England drops diversity rules for City firms as US rolls back DEI

The Bank’s enforcement arm, the Prudential Regulatory Authority, revealed the decision on Tuesday in the wake of major US firms scrapping diversity goals

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