80 minutes ago Rachel Reeves told it would be ‘politically suicidal’ to impose further cuts as economy falters – UK politics live

John McDonnell says more cuts would be ‘a disaster for the country’ and steer voters towards ReformYou might think that Kemi Badenoch’s latest comments on the grooming gangs scandal (see 9.39am) sound a bit more Lee Anderson than Rishi Sunak, David Cameron or any other mainstream Conservative party leader. You would be right.One explanation (often the best explanation in politics) is that Badenoch is just saying what she thinks.While Badenoch may have hoped that her positioning would bring Reform UK defectors back into the fold, our results show that just 4% of those who voted for Reform UK at the 2024 general election now plan to vote for the Conservatives – while at the same time the Tories have lost 15% of their 2024 voters to Farage’s party. Continue reading...

Politics

24 hours ago FTSE 100 Live 13 January: Sterling in new fall, Brent Crude rise fuels inflation fears

The economic storm facing Chancellor Rachel Reeves showed few signs of easing today after the pound lost further ground against the dollar.

Society

13 hours ago Pound falls again and borrowing costs hit new high but Keir Starmer gives Rachel Reeves 'full confidence'

No10 said Chancellor will remain until the next election as pressure mounts on her amid the economic problems facing Britain

Economics

16 minutes ago Reeves will be committing ‘political suicide’ if she orders spending cuts, warns John McDonnell

Ex-shadow chancellor calls for wealth tax to tackle economic crisis

Events

1 hour ago Mortgage rates edge up after Government borrowing costs soar and Pound falls

But they are not rising as sharply as after Liz Truss and Kwasi Kwarteng’s 2022 ‘mini-Budget’

Politics

25 hours ago Pound falls again and UK borrowing costs hit new high as Rachel Reeves flies back from China into economic storm

Opposition parties have criticised the Chancellor’s trip to Beijing amid the economic problems facing Britain

Economics

2 hours ago UK politics live: Reeves warned more cuts would be ‘political suicide’ as pressure builds over market turmoil

Chancellor to address parliament as economic pressure mounts over cost of borrowing and falling pound

Events

12 hours ago Labour's TWO lame ducks: Turmoil at the Treasury as Keir Starmer scrambles to shore up his flailing Chancellor Rachel Reeves amid bond market mayhem

Sir Keir said that, despite stuttering growth, surging government borrowing costs and a growing business backlash, Ms Reeves was doing a 'fantastic job' running the economy.

Politics

26 hours ago Rachel Reeves flies back from China into economic storm as Pound falls and UK borrowing costs hit new high

Opposition parties have criticised the Chancellor’s trip to Beijing amid the economic problems facing Britain

Economics

17 hours ago Why talk of replacing Rachel Reeves with Gordon Brown shows depths of Labour's troubles

As Chancellor, a newly ennobled Lord Brown would command the respect of international financiers like no other Labour politician, potentially with a real effect on the economy

Events

14 hours ago Keir Starmer backs Rachel Reeves until next election as pound falls again and borrowing costs hit new high

Opposition parties have criticised the Chancellor’s trip to Beijing amid the economic problems facing Britain

Politics

35 hours ago Reeves returns from China to new crisis in top UK business confidence amid economic woes

A survey by Deloitte of the chief finance officers of major companies has revealed that business confidence is at one of its lowest points since the Covid-19 pandemic

Economics

21 hours ago Angela Rayner warned new workers’ rights plan could prompt ‘ugly rush’ to sack staff

Labour chancellor Rachel Reeves also accused of undermining business confidence and trust with surprise national insurance hike in the Budget

Events

15 hours ago Pound falls again and borrowing costs hit new high but Keir Starmer backs Rachel Reeves until next election

Opposition parties have criticised the Chancellor’s trip to Beijing amid the economic problems facing Britain

Politics

24 hours ago Rayner warned of ‘ugly rush’ to sack staff ahead of new workers’ rights plan

Labour chancellor Rachel Reeves also accused of undermining business confidence and trust with surprise national insurance hike in the Budget

Events

34 hours ago Britain's biggest companies slam the brakes on job creation at the hardest pace since the Covid pandemic, figures show

Beleaguered Rachel Reeves is facing further economic gloom as new figures show major employers slamming the brakes on job creation thanks to her £25 billion national insurance raid.

Events

18 hours ago No10 scrambles to prop up Rachel Reeves saying she WILL stay Chancellor until 2029

The PM's spokesman insisted she would be Chancellor 'for the whole of this Parliament' - hours after Keir Starmer raised eyebrows by refusing to offer that guarantee.

Politics

22 hours ago Keir Starmer gives full backing to Rachel Reeves as he claims AI can double UK productivity in a few years

The PM claimed the Chancellor was doing a ‘fantastic job’ despite the controversy over her Budget and the Pound’s drop in value

Politics

23 hours ago Disability benefit worth thousands to be slashed by DWP as Labour 'get tough'

The cuts, which could see millions of Brits with disabilities and long-term health conditions lose out, form part of Chancellor Rachel Reeves' plan to decrease Government spending

Politics

25 hours ago Chancellor facing tough questions over fiscal rules as market woes deepen

Chancellor Rachel Reeves said over the weekend that her fiscal rules were “non-negotiable”.

Politics