Rachel Reeves: Last News

Keir Starmer is heading for a collision with Labour’s trade union backers after ruling out the re-nationalisation of public utilities.

Rishi Sunak is facing demands to increase social security benefits now to help those struggling the with cost of living crisis.

Rishi Sunak has announced today his ‘mini-budget’ ahead of the summer.In his statement, the Chanellor said the basic rate of income tax will be cut from 20p to 19p in the pound by 2024.He also said the National Insurance threshold will be raised by £3,000. This means the amount you earn before you get taxed will now be in line with Income Tax at £12,570.Torsten Bell, chief exec of the Resolution Foundation, said this could equate to a tax cut of up to £300 for workers.However, he also added it will help those on higher incomes more, with only £1 in £3 of the benefit going to the bottom half of earners.The Office for Budget Responsibility says that real living standards won’t reach pre-pandemic levels for two years, but did admit that “public finances have emerged from the pandemic in better shape than expected”.Labour's Shadow Chancellor and Sunak’s opposite number, Rachel Reeves, said Sunak’s claims were becoming “increasingly incredible”, saying he was like Alice in Wonderland making things up as he went along.She said: "Inflation is at its highest level for 30 years and rising.

Rishi Sunak has slapped down the Prime Minister for comparing Ukraine's fight against war crimes to Brits voting for Brexit.

The Treasury would put far more energy and funding into boosting the Northern economy under a Labour government, Shadow Chancellor Rachel Reeves has vowed, pledging to help towns such as Bury regain their hope.

Consumers face higher prices for food, energy cost and mortgage and rent bills after the cost of living surged by 4.2 per cent in October, according to official figures.

Scotland deserves better than the Budget deal served up by Rishi Sunak, Labour's shadow chancellor has said.

Covid-19 pandemic and means that chancellor Rishi Sunak's latest budget and spending review is of particular importance.The plan has a major impact on how much tax we pay, how much we earn and how much we have left to spend.Sunak insisted the budget, in which there was £150 billion allocated for day-to-day departmental spending, will bring in an "age of optimism".Meanwhile, Labour have been critical of the budget.

Rachel Reeves, Labour’s shadow chancellor, will make the budget response for the Labour Party after Keir Starmer tested positive for covid.

Tory chancellor Rishi Sunak has been posted “missing in action” by Labour in the ongoing energy crisis.

Labour today vows to stop private equity vultures from swooping on British firms.

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Labour bigwig Rachel Reeves has urged Boris Johnson to tell the truth about who paid to renovate his Downing Street flat.

A defiant Michael Gove faced down demands to launch a public inquiry into the "grubby cabal" in charge of the UK.

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Good Morning Britain, as their debate grew a little tense.Watching from home, viewers admitted they found the interruptions "annoying," as they watched the presenter speak over an MP.

One of the private firms running the troubled test and trace system has been slated for giving £17million to shareholders.

hereThe Government’s Scientific Advisory Group for Emergencies, also known as Sage, has previously set a target of 80 per cent.Cabinet Office minister Gove has said that contact tracing is improving 'all the time'.Labour leader Sir Keir Starmer has argued there should be a national 'circuit breaker' lockdown, and that responsibility for contact tracing should be handed to councils.It comes as leaders in Greater Manchester continue to resist the imposition of new tier three restrictions.Rachel Reeves, Labour's shadow chancellor of the Duchy of Lancaster and shadow Cabinet Office Minister, said: "We are at a decisive moment in our efforts to tackle coronavirus, and these figures are a new low for a test and trace system on the verge of

Tory ministers have been accused of covering up a six-figure cash payment to friends of the PM’s adviser Dominic Cummings.

Firms linked to the Tory Party have won nearly £500million in pandemic contracts without having to bid.

Boris Johnson is under mounting pressure to force people to wear face coverings in shops.