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The Latest Breaking News from Rachel Reeves

Household energy bills to rise by £221 a year from Wednesday

Analysts at Cornwall Insight said they now believe the energy price cap will remain fairly steady in October

The Independent UK

How Keir Starmer let Andy Burnham through the No10 door

After the Prime Minister’s resignation, Anne McElvoy asks Westminster insiders: what went wrong and how could Andy Burnham make it right?

Evening Standard

Royal family core funding set to almost double to £100 million a year

The decision to increase funding was made by the Royal Trustees, including outgoing Prime Minister Keir Starmer

The Independent UK

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read the most diverse news in one place.

Cabinet ministers back Burnham as he prepares to enter No 10 as early as July

Foreign Secretary Yvette Cooper said she had spoken to the former mayor and he was ‘100% behind our unwavering support for Ukraine’.

Evening Standard

Hit London banks with windfall tax up to £60bn to cut energy bills for less well off, Andy Burnham union ally urges

But shadow Chancellor Sir Mel Stride warns: ‘Labour need to realise that you can’t tax your way to prosperity’

Evening Standard

Unison chief endorses Ed Miliband for chancellor in a Burnham government

Exclusive: Head of trade union backs energy secretary to replace Rachel Reeves, but two other big unions are opposed UK politics live – latest updates

The Guardian - UK

Andy Thingy with the eyelashes who was once ‘mayor of a town’ hits Westminster

Trump gets to grips with ‘extremely liberal’ new kid who’s already roasting Kemi Badenoch on X

The Guardian - UK

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Families can get discounted meals and days out from today – here’s what you need to know

Several big-name businesses have confirmed that they are participating in the scheme

The Independent UK

Keir Starmer focused on living costs and orderly transition in final weeks as PM

The Prime Minister said he hoped to ensure disruption was ‘absolutely minimised’ as he hands over power after his final weeks in Downing Street.

Evening Standard

Reeves backs Burnham to be PM despite reports she may be offered lesser role

Allies lobby to keep chancellor as ‘stable’ choice while Wes Streeting and Ed Miliband also in picture

The Guardian - UK

Burnham could become PM on 17 July based on Labour leadership contest timetable – as it happened

The former Manchester mayor could be installed as prime minister in weeks if no other MP puts themselves forward

The Guardian - UK

Rachel Reeves ‘set to be sacked as chancellor’ despite backing Burnham

IN FULL

The Independent UK

Reeves insists she has ‘unfinished business’ as chancellor amid speculation she could be ousted by Burnham

The chancellor has backed Bunrham to succeed Starmer – but faces losing her role in the Treasury in the coming weeks

The Independent UK

Rachel Reeves backing Andy Burnham as next PM despite cabinet speculation

It has been rumoured that Mr Burnham would appoint a new chancellor.

Evening Standard

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The Guardian - UK

It’s not the bond markets Andy Burnham should be afraid of. It’s his own MPs

Evening Standard

Donald Trump on Andy Burnham: ‘I hear he’s extremely liberal, extremely’

US President Donald Trump told reporters Andy Burnham ‘probably won’t open up the North Sea’ for oil exploration.

Evening Standard

Great British Summer Savings scheme comes into effect for families

The tax cut on children’s meals and days out begins on Thursday and runs until September 1.

The Independent UK

Andy Burnham issued warning over tax rises should he become prime minister

Opposition leaders will use a gathering of business chiefs to set out their economic response to Sir Keir Starmer’s likely Downing Street successor

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The Guardian - UK

Exploit last North Sea oil and gas or risk mass job losses, Andy Burnham urged

British Chamber of Commerce boss Shevaun Haviland says transition to clean energy could be handled better

The Guardian - UK

Graceless Kemi concedes not a croak of kindness for newly liberated Keir

It is customary to say something complimentary about a departing PM but the Tory leader couldn’t meet the moment

Evening Standard

Cost of London attractions, cinemas and kids meals to be slashed from Thursday

Chancellor Rachel Reeves announced the Great British Summer Savings measure to help ease cost of living pressures

The Independent UK

Alton Towers and Legoland slash prices as ‘Great British Summer Savings’ set to kick off

Rachel Reeves’ scheme will offer free bus travel for children aged between five and 15 in England during the school holidays

Evening Standard

Keir Starmer bats away criticism of front and backbenchers in PMQs bout

Speaker Sir Lindsay Hoyle interrupted the leaders’ Wednesday session and urged them to choose their words carefully.

Evening Standard

Burnham looms large at PMQs: Badenoch mocks Starmer for Labour axing him for 'pair of eyelashes and a T-shirt'

SKETCH: Tory leader Mrs Badenoch tears into Sir Keir’s Cabinet ministers after his resignation

The Independent UK

Rachel Reeves’s ISA tax raid could be her final own goal as chancellor

Tax will be payable on cash held in an investing ISA, while the Lifetime ISA is getting a part-fixed rebuild. Karl Matchett explains why the chancellor appears to have missed the mark – again

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