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The Latest Breaking News from Rachel Reeves

Reeves moves fast to tackle £22bn budget shortfall ‘covered up’ by Tories

Measures include cutting winter fuel payments for wealthier pensioners and shelving cap on social care payments

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

Rachel Reeves pursues political prize over £22bn financial hole

Carefully honed message of Commons speech is having to make tricky decisions because Tories left us a mess

The Guardian - UK

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Up to 2m pensioners will struggle without winter fuel help, say campaigners

Charities warn that means testing as part of Rachel Reeves’s estimated £1.5bn cuts may create ‘heat or eat’ dilemmas

The Guardian - UK

The Guardian view on Rachel Reeves’ statement: beyond the Tory black hole

Editorial: The chancellor was right to call out her predecessors’ culpability for a disastrous inheritance. But Labour must be bolder

The Guardian - UK

‘Wows’ abound as Reeves rails against unknown unknowns

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

The Guardian - UK

Pause on hospital building ‘must be as short as possible’, says NHS body

Infrastructure spending cuts raise waiting list concerns, while end to Stonehenge road project called ‘joyous’

The Guardian - UK

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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

Rachel Reeves is pulling off a transparent political manoeuvre. But she’s not entirely wrong

The Tories really did leave Britain in a fiscal hole. But austerity cannot be the remedy, writes economics and public policy professor Jonathan Portes

The Guardian - UK

Rachel Reeves goes back to the future with her public finances statement

The chancellor’s message was: this is going to hurt, but it’s not my fault. Haven’t we heard that somewhere before?

The Guardian - UK

Watch: Rachel Reeves holds news conference after cutting winter fuel payments for millions of pensioners

Watch as Rachel Reeves holds a press conference after outlining Labour’s economic plan in a speech on Monday 29 July.

The Independent UK

Martin Lewis slams Rachel Reeves' cut to winter fuel payments for pensioners amid '£22bn black hole'

Chancellor Rachel Reeves announced changes to eligibility for universal winter payment

Evening Standard

Team GB’s gold medal rush begins at Paris 2024 Olympics ...The Standard podcast

Plus! HS2 rail’s London fate & bleak warnings in Labour’s economy strategy

Evening Standard

UK Warns Of Extra GBP22bn Hole In Public Finances

Britain's Labour finance minister Rachel Reeves declared Monday that the public finances face an extra GBP22-billion hole inherited from the previous Conservative administration and warned of "difficult decisions" ahead to cut spending or hike taxes.

International Business Times

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The Independent UK

Key takeaways from Rachel Reeves speech in the Commons

Scrapping the universal winter fuel payment, axeing Rishi Sunak’s A-level reforms and pay rises for public sector workers were some of the measures announced

The Guardian - UK

Reeves must guarantee HS2 runs to Euston, spending cuts or not

The chancellor should save the nation further blushes and fund tunnelling to the central London station

The National (Scotland)

Main points as Labour announce billions of spending cuts in 'new era of austerity'

Rachel Reeves has announced billions of pounds in spending cuts, after ordering the Treasury to carry out an audit of the UK’s public finances.

The National (Scotland)

Stephen Flynn says Labour have 'broken promise' to voters after announcing cuts

STEPHEN Flynn has accused Labour of misleading the public after the Chancellor announced a swathe of cuts despite repeatedly denying they would…

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news in one place.

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The National (Scotland)

Chancellor urged to apologise to Scots as Labour announce huge spending cuts

THE Chancellor has been urged to apologise to Scots after announcing huge cuts to public spending ...

The National (Scotland)

'Utterly unjustifiable': Economist reacts to Rachel Reeves speech

It looked as if Rachel Reeves had taken drama lessons to put on a show of sufficient mock anger in the Commons today. She clearly wanted to blame…

International Business Times

UK Facing GBP22bn Hole In Public Finances: Minister

Britain's Labour finance minister Rachel Reeves declared Monday that public finances faced an extra hole of GBP22 billion inherited from the Conservatives, who warned she was readying tax hikes.

Evening Standard

'We will have to increase taxes in the Budget,' signals Rachel Reeves

Chancellor’s admission on tax hikes comes just weeks after Labour was elected to power

The National (Scotland)

Rachel Reeves blames Tory handling of asylum system as Labour announces huge cuts

RACHEL Reeves has blamed the previous Tory government’s handling of the asylum system as the Chancellor announced huge cuts ...

The National (Scotland)

Martin Lewis hits out at Labour as Winter Fuel Payment axed for millions

THE CHANCELLOR has scrapped the universal winter fuel payments to pensioners just as bills are expected to rise this winter.

The Guardian - UK

Reeves scraps social care cap and some winter fuel payments to plug ‘£22bn hole’

Hospital and road projects also targeted as chancellor accuses Tories of covering up scale of fiscal shortfall

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