The Latest Breaking News from Rachel Reeves

The Bank governor scrapped a three-way meeting involving the Prudential Regulation Authority, the Treasury and the fintech firm.

The IMF said the global economy would be more resilient than it expected in May

PM could raise ‘tens of billions’ while positioning Britain as progressive, say Thomas Piketty and others

Hedge fund chief Ray Dalio warns over public finances, saying Britain will be forced into spending cuts and tax rises

Rachel Reeves has called for an end to the negativity that has seen millions of British families prioritise low-risk, low-return savings over higher-risk, higher-return investments.

Exclusive: Lobbyists meet with ministers, and host a darts night with Labour advisers and MPs’ staff

Financial crisis of 2008 should not be forgotten as reinflation of banking industry could hurt other priority sectors

COMMENT: A slowdown at the top end of London’s property market is the latest indicator that individuals with a high net worth are hedging their bets on Britain, says Knight Frank’s Simon Gammon. The government can no longer bank on a globally minded minority to fund massive imbalances in taxing…

The government wants to make it easier to convert disused shops into venues