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The Latest Breaking News from Rachel Reeves

UK Economy Stalls, Dealing Blow To New Government

Britain's economy stalled again in July, official data showed Wednesday, dealing a blow to the new Labour government that has put growth expansion at the top of its priority list.

International Business Times

Amazon To Invest GBP8 Bn In UK In Boost For New Labour Govt

US tech giant Amazon is to invest GBP8 billion ($10.5 billion) in Britain over the next five years, creating thousands of jobs via its web services arm, the company and UK government announced Wednesday.

International Business Times

Rachel Reeves warned tax rises could damage growth as economy flatlines for second month in a row

Chancellor says that change will not happen ‘overnight’ after latest disappointing economic figures

The Independent UK

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Labour MPs expensed over £400,000 for energy bills before axing winter fuel payments

MPs are able to pay for some energy bills using taxpayer money under the current expenses rules

The Independent UK

Summer of sport saves GDP from a surprise slump in July as economy stalls

Flatlining economy in the month Labour came to power is a disappointing backdrop to preparations for key Budget in October

Evening Standard

Economy flatlines as UK sees no growth for second month in a row

Chancellor Rachel Reeves said she is under no illusion about the scale of the challenge for Labour

The Independent UK

Why did Starmer cut the winter fuel allowance? It’s called Treasury brain – and that spells trouble

It has struck again, the notorious syndrome that causes Chancellors to identify cost savings that look ingenious on a spreadsheet but turn out stupid in the real world, says Guardian column Rafael Behr

The Guardian - UK

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Reeves announces £8bn UK investment by Amazon’s cloud computing arm

Chancellor says move will create as many as 14,000 jobs at firm’s datacentres and in a range of other industries

The Guardian - UK

‘We’ll get the blame’: tensions simmer within Labour over winter fuel cut

While Commons rebellion was small-scale, behind the scenes, anger over handling of the policy is said to run high

The Guardian - UK

Critics of winter fuel payment cut to fight on after government wins vote

Opponents plan to push ministers to look at extra help for most vulnerable people in England and Wales

The Guardian - UK

The Guardian view on Labour’s strategy: focus on fixing Britain, not fiscal deficits

Editorial: Ministers have much bigger problems to deal with than principled dissent, and that’s where the government’s attention should be directed

The Guardian - UK

Keir Starmer stares down Labour MPs’ revolt over winter fuel payments as rebellion fizzles out

Sir Keir Starmer has seen off the biggest rebellion of his premiership so far with just one Labour MP voting against the winter fuel payment cut for pensioners

The Independent UK

Starmer and Reeves are playing a dangerous game. How much more do they think Britain can take?

We have rusty playgrounds and rundown town centres, yet the government fixates on its ill-conceived plan to penalise pensioners, says Guardian columnist John Harris

The Guardian - UK

Martin Lewis slams councils for acting like the ‘worst loan sharks’ over tax collection

The Local Government Association, which represents councils, said authorities should strive to work with people who are struggling to meet their council tax bills

The Independent UK

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Evening Standard

Winter fuel allowance: More than 50 Labour MPs fail to back Keir Starmer in crunch Commons vote

Prime Minister seeks to raise hopes by talking of ‘the light of a fairer Britain’ - but warns ‘tough’ decisions are needed to sort out Britain’s crippled public finances

The Guardian - UK

UK wages figures will affect state pension, interest rates – and Rachel Reeves

Likely 4% pension rise next year could help defuse row facing chancellor over winter fuel payment

Evening Standard

Rachel Reeves urged by Manchester Mayor Andy Burnham to consider softening cuts to winter fuel payments

His appeal came ahead of a crunch Commons vote on the controversial reform

The Guardian - UK

Tuesday briefing: Will a vote on Labour’s plan to cut the winter fuel payment lead to backbench rebellion?

In today’s newsletter: The new government’s plan to restrict a winter welfare payment to the elderly has emerged as a key issue just months in their reign

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The Guardian - UK

Brent crude tumbles below $70 per barrel as oversupply fears hit oil price – as it happened

Brent crude has hit its lowest level since December 2021

The Guardian - UK

Reeves urged to make tax changes ‘to raise more than £20bn a year’

Resolution Foundation suggests proposals on capital gains tax, inheritance tax and national insurance

The National (Scotland)

When is the Winter Fuel Payment vote and how can you watch it?

ON Tuesday, Chancellor Rachel Reeves and Prime Minister Keir Starmer will put their cut to the Winter Fuel Payment to a vote ...

The Guardian - UK

Future pay deals will be shaped by tough decisions, Starmer to tell TUC

PM expected to make clear in key Brighton speech that he will not risk economic stability ‘under any circumstances’

The Guardian - UK

Chancellor faces down would-be rebels ahead of winter fuel payment vote

Rachel Reeves tells Labour MPs that axing allowance for all but poorest pensioners will help plug £22bn hole in finances

The National (Scotland)

Rachel Reeves pleads with Labour MPs not to rebel over Winter Fuel Payment cut

RACHEL Reeves has warned Labour MPs there will be more difficult cuts to come as she pleaded with them not to rebel against her ending the…

The Guardian - UK

No one cares who will lead the Tories next, not even them

The Lucky Five are soon to become four as the contest limps on. Meanwhile, Victoria Atkins assists herself to an own goal

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