Rachel Reeves: Last News

New figures show that 36,900 households in South Lanarkshire will be hit by mortgage increases.

Rachel Reeves has said that a Labour government will be as economically radical as Margaret Thatcher.

Alistair Darling will be remembered at a memorial service in Edinburgh on Tuesday.

Rachel Reeves has said that Labour will claw back money made through "covid corruption" and will crack down on Tory ministers' use of private jets.

Labour will end the loophole which exempts private schools from paying some taxes if elected next year, the shadow chancellor has said. Rachel Reeves used what is likely to be her final Labour Party conference speech before the general election to confirm speculation that private schools would be forced to pay VAT and business rates.

A review into HS2 will be launched by Labour if the party is elected next year, the shadow Chancellor has said.

Labour plans to charge VAT on private school fees but won't scrap their charitable status if it wins the general election.

The BBC has been urged to act "very swiftly" in dealing with the claims centring on an unnamed presenter alleged to have paid a teenager for sexually explicit images. Government minister Victoria Atkins described the claims reported by The Sun as "very, very serious" as questions over the broadcaster's handling of the situation were raised.The newspaper said the star paid the person, said to have been 17 when the payments began, £35,000 in exchange for the images.

Inflation continues to hit ordinary Scots hard with the cost of food and fuel remaining "eye-wateringly high". The rate at which prices rise on average remained 8.7 per cent in May, the same as the previous month.

Labour leader Keir Starmer pledged his party's efforts to drive growth will be “transformational” for the Scottish economy during a visit to Lanarkshire.

Dragons' Den star Duncan Bannatyne has urged Jeremy Hunt to finally scrap the controversial non-dom tax status when the Chancellor delivers his autumn budget this week.

New homes should be zero carbon, Labour's shadow chancellor has said on a visit to Manchester to see the UK's 'first' new carbon neutral social housing. Rachel Reeves said Manchester's efforts to make its housing more environmentally-friendly and bring down energy bills is 'inspiring'.

The pound has fallen to a record low on international currency markets after Kwasi Kwarteng, announced the UK’s biggest tax cuts in 50 years last Friday.

Susanna Reid left Good Morning Britain viewers unimpressed with them slamming her for a 'patronising' joke about a guest's haircut. The presenter was back at the helm of the ITV news programme on Monday morning (September 26) alongside Ed Balls.

Naman Ramachandran Following a “mini-budget” presented by new U.K. Chancellor of the Exchequer Kwasi Kwarteng last Friday, the British pound has fallen to an all-time low against the U.S. dollar. From a high of $2.50 to £1 in 1971, the pound crashed to $1.033 on Monday morning. It has since recovered to $1.08. The steep decline is attributed to the financial market’s lack of faith in Kwarteng’s fiscal measures, which included tax cuts across the board. Monday’s fall could be due to remarks Kwarteng made on Sunday, hinting at further tax cuts. If these cuts are fully funded against borrowing by the U.K. government, the country could be looking at a mountain of debt.

The British pound fell to an all-time low against the dollar as markets reacted to the UK’s biggest tax cuts in 50 years.

Good Morning Britain's Susanna Reid made a haircut comment to a Labour MP on Monday, but Ed Balls said he'd have been in "total trouble" had he have said the same thing.Labour MP and Shadow Chancellor Rachel Reeves appeared on ITV's GMB on September 26, with Susanna commenting on her appearance as soon as she appeared on screen. Dialling in from the Labour Party Conference, Rachel's hair looked shorter and as though it had had a trim - according to Susanna.READ NEXT: ITV bosses 'fear Holly and Phil will be booed at NTAs' after This Morning queue backlashMuch-loved GMB anchor Susanna then asked Rachel if she had a haircut, touching on the "very noticeable" trim.The Labour MP made a jibe comparing it to the "cuts we've seen from the Chancellor" before asking "I hope you approve?" referring to her hair.Some fans at home were quick to pick up on the comment, with some even accusing Susanna of "pure sexism" after she asked the MP about her appearance.After Susanna's haircut comment one viewer took to Twitter to pen: "Would u ask a man if he had haircut ?l @susannareid100 #gmb."Someone replied to the tweet and simply said: "Pure sexism there," insinuating that it was okay for a woman to comment on another woman's appearance, but not a man.Another person then took to the social media platform to say: "#gmb still reeling from hair question to Reeves.

A massive carbon capture plan for the north east of Scotland is among the green schemes that will be boosted by an £8 billion investment to clean up the environment under a Labour government.

Labour is set to call for the energy price cap to be frozen at its current level of £1,971 as UK households struggle to pay their bills.

Labour has called on the Tory government to use Thursday’s meeting with oil and gas giants in Downing Street to close a “shameful” loophole in the windfall tax.

Scottish Labour’s Transport spokesman has spoken out in favour of striking workers across the UK in the wake of industrial action this summer.