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The Latest Breaking News from Rachel Reeves

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

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

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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

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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

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 Guardian - UK

Starmer confronted by angry voter in Liverpool over Sun newspaper columns

Sir Keir accused of ‘feeding into Tory ideology’

The Independent UK

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”.

Evening Standard

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…

The National (Scotland)

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

Daily Mirror

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

The Guardian - UK

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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

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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

The Independent UK

Labour would prioritise ‘growth, growth, growth’, Starmer to declare

In a speech in Liverpool on Monday, the Labour leader is also expected to accuse the Tory leadership candidates of ‘Thatcherite cosplay’.

The Independent UK

Tax cuts could be offered by Labour at next election, suggests shadow chancellor

In an interview with The Mirror newspaper, Labour frontbencher Rachel Reeves hit out at the Tory leadership contenders.

Daily Mirror

Labour could pledge tax cuts for millions at 2024 election, Rachel Reeves hints

Shadow Chancellor Rachel Reeves vowed to 'bring forward' ideas this October on top of Labour’s current cost-of-living package - which pledges up to £600 for the poorest over and above Tory help

Daily Mirror

Schmoozing MPs trouser £20,000 freebie bonanza of concert and sport tickets

A raft of MPs avoided the cost of living crisis by accepting gifted tickets to see Adele, Green Day and the Rolling Stones, passes to Glastonbury and entry to Ascot and Wimbledon in under a month

Daily Mirror

Labour blasts desperate Tory leadership candidates for 'taking flamethrower' to own rules

Shadow chancellor Rachel Reeves lashed out at candidates who have made a swathe of promises, saying the public has witnessed a "Tory tombola of tax cuts, with no explanation of what public services would be cut or how they would be paid for"

The Guardian - UK

Labour to pledge ‘ironclad discipline’ with public finances

Shadow chancellor Rachel Reeves will bind a future Labour government to strict borrowing limits

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