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The Latest Breaking News from Rachel Reeves

UK energy bills ‘set to cost two months’ wages’, ministers warned

TUC calls for October energy price cap rise to be cancelled as chancellor tells firms to invest ‘extraordinary profits’

The Guardian - UK

Labour pledges to address ‘unjustifiable’ costs of prepayment energy meters

The party estimates that its policy would help to bring prepayment energy prices into line with those for direct debit customers.

The Independent UK

Labour will cut energy bills for 4million poorest Brits feeding the meter, Rachel Reeves says

The £46-a-year intervention from Labour - or £100 a year from January - comes as Keir Starmer faces mounting calls to set out the party's vision - and help for the poorest Brits

Daily Mirror

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Labour vows to end ‘outrageous’ energy premiums faced by prepayment customers

Labour says policy is first in package to be unveiled in coming days

The Independent UK

'Shameful' tax loophole which benefits oil giants must be closed, demands Labour

Shadow Chancellor Rachel Reeves has revealed how oil companies get over 90p of every £1 invested in the North Sea back as a tax break.

Daily Record

Business leaders join calls for emergency cost-of-living support

CBI chief Tony Danker has warned the Government against a summer of inactivity, following on from Gordon Brown’s plea for urgent measures

The Independent UK

Truss ‘irresponsible’ for threatening to review Bank of England remit

Labour’s Rachel Reeves says Conservatives are ‘playing blame game’ for UK’s economic problems

The Guardian - UK

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Liz Truss and Rishi Sunak tear into each other as Britain heads for recession

Both candidates to be the next Prime Minister questioned the other's approach as Labour warned that the Tories "have lost control of the economy"

Daily Mirror

Big oil’s quarterly profits hit £50bn as UK braces for even higher energy bills

Labour condemns ‘eye-watering’ gains and renews call for windfall tax to ease pressure on household finances

The Guardian - UK

Not radical enough? Starmer’s caution may yet carry Labour to power

Some of the party faithful are impatient for more, but they must keep their eyes fixed firmly on the prize, says Polly Toynbee, Guardian columnist

The Guardian - UK

Keir Starmer's latest actions show he's 'sold out Labour's core principles'

KEIR Starmer is selling out Labour’s core principles in an attempt to appeal to Tory voters, the SNP have said.

The National (Scotland)

Labour row deepens as ex shadow Chancellor calls for general strike

John McDonnell branded the sacking of Sam Tarry a ‘severe mistake’ and said Labour MPs should join strikers on the picket line

Evening Standard

Rishi Sunak and Liz Truss facing Tory members in Leeds for first official leadership hustings – as it happened

Leadership rivals bid to win members’ support in foreign secretary’s home town

The Guardian - UK

Rishi Sunak makes U-turn over energy bills but was he right first time?

Analysis: Ex-chancellor previously voted against VAT cut and there may be better ways to help households

The Guardian - UK

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The Guardian - UK

Labour is being too cautious on public ownership - it’s pragmatic policy

Instead of siphoning off profits to private shareholders, state utility companies could tackle the cost of living and climate crisis, says Cat Hobbs, founder of We Own It

The Independent UK

Starmer confronted by angry voter in Liverpool over Sun newspaper columns

Sir Keir accused of ‘feeding into Tory ideology’

Evening Standard

Behind the scenes at Labour HQ — can Keir Starmer take advantage of a Tory party in turmoil?

Tory in-fighting and economic chaos have turbocharged a resurgance in the Labour party. Anne McElvoy speaks to insiders on Starmer’s strategy team about the plans to capitalise on their “summer of hope”.

The National (Scotland)

Anas Sarwar urged to clarify nationalisation stance as Starmer sparks confusion

It comes as Keir Starmer appears to pull back on pledge to nationalise "rail, mail, energy and water" he made when running for Labour…

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news in one place.

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Daily Mirror

Keir Starmer sticks to plan to nationalise rail but drops pledge for water and energy

The Labour leader was forced to clarify his position after Rachel Reeves suggested Labour would not fight the next election on a pledge to take rail, water and energy firms into public ownership

The Guardian - UK

Starmer says he won’t be ‘ideological’ amid renationalisation row

Labour leader puts focus on ‘growth, growth, growth’ but appears to step back from public ownership policy

Liverpool Echo

Keir Starmer in Liverpool to promise 'growth' but won't commit to public ownership

Labour leader says he is 'pragmatic rather than ideological' on issue of nationalising trains, energy and water

Daily Record

Keir Starmer risks Labour clash with unions as nationalisation of public services ruled out

The Labour leader vowed to focus on growth but trade unions and Greens claim it would be cheaper in the long run to bring energy companies back into public ownership.

The Independent UK

Starmer ‘pragmatic’ about nationalisation amid confusion over Labour’s policy

Shadow chancellor Rachel Reeves earlier indicated the party would not take rail, energy or water companies back into public ownership.

Daily Mirror

Keir Starmer vows 'no magic money tree economics' in dig at Tory leadership hopefuls

The Labour leader hit out at 'Thatcherite cosplay' from Rishi Sunak and Liz Truss and said the economy would be 'strong, secure and fair' under Labour

The Independent UK

Labour will not nationalise rail, water or energy, Rachel Reeves says

Shadow chancellor says policies do not fit within her plans to restrict public spending

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