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The Latest Breaking News from Jeremy Hunt

Why Rachel Reeves can’t seem to make her ‘£22bn black hole’ narrative convincing

Rachel Reeves had hardly stepped down from the dispatch box to make her first big statement as chancellor of the exchequer before facing a furious backlash. She had claimed to have discovered a £22bn hole in public finances upon taking office and was using it to explain why the new…

The Conversation

Bank of England dismisses Tory claims public sector pay rises will stoke inflation

Bank’s governor says planned awards of 5-6% would have relatively small impact on headline inflation

The Guardian - UK

Netizens Call For Immediate Cut Of MP Salaries And Expenses After Rachel Reeves Leaves 10M Pensioners 'Out In The Cold'

Reeves claimed the public finances face an extra £22 billion hole inherited from the Conservatives and warned of "difficult decisions" ahead

International Business Times UK

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Two City firms team up to invest £20bn of pension funds in UK businesses

Phoenix Group and Schroders will target fast-growing green energy, windfarms, solar, property and small business

The Guardian - UK

Rachel Reeves confirms taxes will rise in her first budget in October

Ahead of her first budget, Rachel Reeves refused to rule out hiking capital gains and inheritance tax and pursuing pension reform to fill the £22bn black hole in the public finances

The Independent UK

Some taxes will have to rise in 30 October budget, says Rachel Reeves

Chancellor rules out raising national insurance, VAT or income tax but says ‘difficult decisions to come’ amid £22bn public finance shortfall

The Guardian - UK

Reeves accuses Hunt of £22bn lie; nonsense, he says. What’s the truth?

Shadow chancellor says successor confected story of ‘black hole’ to distract from tax rises, but things are not clearcut

The Guardian - UK

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Reeves and Hunt come to brink of fisticuffs over mysteriously absent £22bn

The chancellor blames her predecessor for everything, including her reinvention as a Ministering Angel of Death

The Guardian - UK

Winter Fuel Payment cuts will 'not be the last', Labour Treasury Secretary says

THE cuts to the Winter Fuel Payment will “not be the last” announced by the Labour government, the Exchequer Secretary to the Treasury has…

The National (Scotland)

Chancellor Rachel Reeves accuses Jeremy Hunt of 'lying' in furious bust-up over public finances

But he accuses her of not being honest with voters about Labour’s tax hike plans

Evening Standard

Rachel Reeves accuses Jeremy Hunt of of lying about public finances as war of words escalates

The chancellor made her strongest condemnation yet of her predecessor and Rishi Sunak’s Conservative Party

The Independent UK

Greens say Labour should focus more on building council homes and that new housing plan is flawed – as it happened

Rayner says housing target system will raise number of homes planned to 370,000 and confirmed targets will be mandatory

The Guardian - UK

Pensioners hit by Reeves’s plan to fill £22bn black hole

Pensioners take the brunt of early spending cuts as Rachel Reeves delivers a brutal assessment of the nation’s finances

The Independent UK

‘Wows’ abound as Reeves rails against unknown unknowns

Dutiful expressions of surprise greet chancellor’s depressing deluge of bad news

The Guardian - UK

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The Guardian - UK

What are Rachel Reeves’ spending cuts and how do the sums add up?

Chancellor unveiled series of cuts in response to what she called £22bn in unfunded commitments by Tories

The Guardian - UK

The Greens, expelling activists for uniting to oust Jeremy Hunt? So much for progressive politics

Local members collaborated to support a Lib Dem candidate. Green HQ’s response is a sad turn away from hope, says Neal Lawson, director of Compass

The Guardian - UK

UK politics: Winter fuel payments to be restricted as Reeves says there is £22bn spending shortfall – as it happened

Chancellor suggests budget, on 30 October, will involve tax rises and cuts to spending and benefits

Al Jazeera

UK’s finance chief accuses previous gov’t of multibillion-pound ‘cover up’

Chancellor of the Exchequer Rachel Reeves to deliver speech expected to lay the groundwork for tax rises.

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The Independent UK

UK's new Treasury chief says previous government 'covered up' financial turmoil ahead of election

Britain’s new Treasury chief is alleging that the previous government covered up the dire state of the nation’s finances, as she prepares to deliver a major speech to Parliament that is widely expected to lay the groundwork for higher taxes

The Independent UK

Rachel Reeves could raise £10bn in wealth taxes, Resolution Foundation says

The chancellor could find the cash to fund Labour’s plans for power, including inflation-busting pay hikes for public sector workers, by levying taxes on unearned wealth

The Independent UK

UK is 'broke and broken,' new government says as it prepares to tackle shortfall in public finances

Britain’s new left-leaning government says the nation is “broke and broken,” blaming the situation on its predecessors ahead of a major speech on the state of the public finances that is widely expected to lay the groundwork for higher taxes

The Independent UK

Rachel Reeves to unveil ‘broke Britain’ dossier as Jeremy Hunt hits back with tax ‘scam’ claim

Rachel Reeves is expected to tell parliament that Rishi Sunak’s party left a £20bn black hole in the public finances, including making ‘significant funding commitments’ this year with no idea how they would be paid for

The Guardian - UK

How bad are Britain’s finances? Key questions and answers on the state of the economy

Several factors restrict the Labour government’s room for manoeuvre in its agenda for growth, writes Phillip Inman

The Guardian - UK

Greens expel Surrey members who allegedly backed tactical voting against Jeremy Hunt

‘Draconian’ bannings, including of two local councillors, follow original candidate’s withdrawal at behest of local party

The Guardian - UK

Eight charts that lay bare Labour’s spending inheritance from Tories

Rachel Reeves will next week highlight figures showing a tougher picture than Osborne received in 2010

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