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The Latest Breaking News from Rachel Reeves

Moneybox urges government not to scrap Lifetime ISA

Rachel Reeves cut the cash ISA limit from April 2027 and announced a review of the LISA

The Independent UK

Rachel Reeves urged to ‘act now’ to save poorest from pain of rocketing winter energy bills

Donald Trump’s Iran war is blamed for continued volatility in global energy markets, which has led to higher wholesale gas prices

The Independent UK

What is UK energy price cap and how much will my energy bill increase?

OFGEM has announced it is raising its price cap to £1862 per year for a typical dual fuel household, up £221 or 13 on current levels ...

The National (Scotland)

From analysis to the latest developments in health,
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The establishment reaction to Andy Burnham’s rise is a sign of the fight to come

The old settlement will not politely bow out for its replacement – which is why progressives must take action on these three fronts, says Labour MP Clive Lewis

The Guardian - UK

Households set to learn of energy bills hike from July amid Iran war impact

Ofgem will announce its latest energy price cap on Wednesday.

Evening Standard

Baked beans, gum and olive oil could get cheaper under tariff cut plan

The Government published a list of the household items after an announcement by Chancellor Reeves last week

The Independent UK

The Guardian view on Britain’s economy: to profit politically a recovery must be felt in people’s pockets

Editorial: The chancellor can point to growth and lower inflation, but weak job data, flat living standards and uncertain productivity are no reason to cheer

The Guardian - UK

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Fact check: UK borrowing has fallen below 5% of GDP multiple times since 2019

The Chancellor made the claim after her statement on the economic response to the war in Iran.

Evening Standard

Rachel Reeves tells ministers to ‘buy British’ in four key industries

Exclusive: Chancellor pushes for procurement of ships, steel, energy and AI to prioritise Britishness as well as cost

The Guardian - UK

Here is Andy Burnham’s route to save Labour: a new manifesto, a new election and electoral reform

Proportional representation can rescue Britain’s warped politics. It could stop Nigel Farage arriving at No 10 with less than 30% of the vote, says Guardian columnist Polly Toynbee

The Guardian - UK

Households set to learn of energy bills hike from July amid Iran war impact

Ofgem will on Wednesday reveal the level of the annual energy price cap for July to September as predictions suggests a 13% rise is on the way.

Evening Standard

UK households set to face £200 energy bill rise thanks to Iran war

Ofgem will on Wednesday reveal the level of the annual energy price cap for July to September

The Independent UK

The King of the North needs a lesson from the City before ever entering No 10

Andy Burnham’s vision for nationalisation exposes the gap between ambition and affordability with the bond markets quietly deciding what’s really achievable, writes Chris Blackhurst

Evening Standard

Treasury rejected ministers’ plan to cut VAT on public EV charging to 5%

Department for Transport is understood to back reducing levy, which critics have called a ‘pavement tax’

The Guardian - UK

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The Independent UK

Voices: ‘Tinkering around the edges’: Readers say Rachel Reeves’ cost of living package doesn’t go far enough

YOUR VIEWS : Our community has criticised the chancellor’s new cost of living plans, arguing they’re too small to tackle Britain’s rising bills and household hardship

The Guardian - UK

Reeves’s tax cut on children’s meals a political ‘soundbite’, say restaurateurs

Chancellor’s measure to help families save money during summer holidays ‘won’t make any difference’

The Guardian - UK

Reeves begins push to remain as chancellor under new Labour leadership

Chancellor’s allies urge MPs to back her if Keir Starmer is replaced, saying she is only candidate to safeguard UK’s finances

The Guardian - UK

The Guardian view on Britain’s coming energy shock: mini-measures won’t suffice

Editorial: Consumer giveaways may soften the blow from the the war on Iran. But Britain’s vulnerability demands deeper state intervention and a faster transition

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The Independent UK

Labour urged to ‘go further’ on cost of living crisis – here’s what the experts want

People are ‘already struggling now’, one charity chief warned

The Guardian - UK

Digested week: memories of Covid resurface with hantavirus and Ebola news

Plus, John Travolta’s beret, Rachel Reeves reclaims basic civility and Judy Garland comes to east London

The Guardian - UK

UK borrows more than forecast in April as inflation adds to benefits bill

The £24.3bn figure comes amid rising cost of pensions as bond market jitters take monthly debt interest to £10.3bn

The Independent UK

UK borrowing surges by more than expected in latest blow to Chancellor

The ONS said borrowing was £4.9 billion higher than a year earlier

Evening Standard

Borrowing surges by more than expected in blow to Chancellor amid Iran war woes

The ONS said borrowing was £4.9 billion higher than a year earlier at £24.3 billion last month.

The Economic Times

High hopes dashed: UK cost-of-living woes snare PM Starmer

Britons are unhappy with Prime Minister Keir Starmer's government. Cost of living worries are high. Economic problems persist since 2008. Recent global conflicts have worsened inflation. Food and fuel prices have increased significantly. Government measures aim to ease the burden. Slow productivity growth is a long-term challenge. Voters may lack…

The Guardian - UK

UK bond yields set for biggest weekly drop since 2024; retail sales fall as drivers cut back on fuel - as it happened

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