11 h. ago A wealth tax which would hit London hard is up to Chancellor Rachel Reeves, says minister

The Government is not ruling out new tax rises after a Labour revolt over welfare reforms blew a £5 billion hole in the Treasury’s spending plans

Politics

13 h. ago Imposing a wealth tax which would hit London hard is up to Chancellor Rachel Reeves, says minister

The Government is not ruling out new tax rises after a Labour revolt over welfare reforms blew a £5 billion hole in the Treasury’s spending plans

Politics

18 h. ago John Swinney challenged to fix Scots NHS and schools with £5.8bn cash boost from Rachel Reeves

EXCLUSIVE: Rachel Reeves' recent Spening Review will hand SNP ministers billions more in funding by the end of the decade.

Economics

3 d. ago Keir Starmer says he understands what ‘anchors’ Donald Trump

The Prime Minister said it was ‘in the national interest’ for him to have a connection with the US president.

Politics

3 d. ago Who’s really to blame for Labour’s troubles – Rachel Reeves or the invisible PM? | Gaby Hinsliff

The Treasury focuses on numbers when what’s needed is vision. The party and the country are crying out for leadership, but it’s nowhere to be seenShe is not the first chancellor to cry in public, and may not be the last. But Rachel Reeves is the first whose tears have moved markets. No sooner had the realisation dawned that she was silently weeping – over a personal sorrow she won’t be pushed into revealing, she insisted later, not a political one – as she sat beside Keir Starmer at Wednesday’s prime minister’s questions, than the pound was dropping and the cost of borrowing rising. The bond traders who forced out Liz Truss’s hapless chancellor still clearly rate her judgment and want her to stay, even if (perhaps especially if) some Labour MPs don’t. Yet it is an extraordinary thing to live with the knowledge that a moment’s uncontrolled emotion can drive up the cost of a nation’s mortgages, just as a misjudged stroke of the budget pen can destroy lives.The most striking thing abou...

Events

4 d. ago In Pictures: Tearful politicians showing their sensitive side

Rachel Reeves became tearful during PMQs on Wednesday, but she’s far from the first politician to cry over the years.

Politics

4 d. ago Voices: The markets have spoken – and it is they, not the prime minister, that saved Rachel Reeves

In its response to the chancellor’s possible resignation, in the face of market jitters, the City has made it clear that she is Labour’s only candidate for No 11, says James Moore – and any attempt to replace her could prove very expensive for the country

Politics

4 d. ago Keir Starmer speaks out on Rachel Reeves’ tears in the House of Commons

The Prime Minister spoke about Chancellor Rachel Reeves' emotions during PMQs

Politics

4 d. ago Rachel Reeves smiles and laughs in show of unity with Keir Starmer after Commons tears

The Chancellor joined Sir Keir Starmer and Health Secretary Wes Streeting in east London

Politics

4 d. ago Why Starmer finally came out to give his full backing to his tearful chancellor

After Rachel Reeves’ tears and a complete failure by the prime minister to appreciate the gravity of his situation in PMQs, Sir Keir Starmer had to intervene quickly prevent the markets being spooked further, says David Maddox

Politics

4 d. ago Starmer backs ‘excellent’ Reeves after Chancellor’s tears in the Commons

Sir Keir Starmer said Rachel Reeves was upset about a personal issue, and was caught on camera because there’s no ‘hiding place’ in politics.

Politics

4 d. ago Starmer faces Labour turmoil and global volatility as he marks year in Number 10

The Prime Minister’s first year in office has been marked by a series of domestic and global challenges after Labour’s landslide victory.

Politics

5 d. ago No 10 defends chancellor after day of bitter recriminations over welfare bill fiasco

Rachel Reeves said to have PM’s full backing after she was in tears in the Commons amid fallout of Labour’s welfare bill U-turnKeir Starmer has been forced to defend his chancellor after a day in which the bitter recriminations over Labour’s welfare bill fiasco appeared to leave Rachel Reeves in tears and the markets in turmoil.Ministers said there would be long-lasting implications for the government’s spending priorities after it was forced to abandon the central plank of its welfare changes to prevent a damaging defeat by rebel MPs. Continue reading...

Economics

5 d. ago Cabinet ministers rally round Rachel Reeves after Chancellor in tears at PMQs

Chancellor Rachel Reeves wiped away tears during a tense PMQs, where Keir Starmer came under attack from Tory leader Kemi Badenoch over his disability cuts U-turn

Politics

5 d. ago Rachel Reeves appears emotional at PMQs after Starmer refuses to guarantee she will stay on

Rachel Reeves appeared emotional during Prime Ministers Questions on Wednesday (2 July), with Kemi Badenoch saying she looks "absolutely miserable”.

Politics

5 d. ago Pound tumbles and bond markets sent into turmoil after Rachel Reeves's Commons tears

UK ten-year borrowing costs surged close to 4.7 per cent as Sir Keir Starmer refused to offer Rachel Reeves his backing as she sat beside him at Prime Minister's questions.

Politics

5 d. ago Rachel Reeves had 'altercation' before entering Commons as Downing Street responds to teary appearance at PMQs: Live updates

LIVE UPDATES: Follow MailOnline's live coverage as Chancellor Rachel Reeves made a visibly upset appearance in Parliament during Prime Minister's Questions.

Politics

5 d. ago Watch: Rachel Reeves appears to cry at PMQs after Starmer refuses to guarantee she will stay on

Watch as Rachel Reeves appears to cry during Prime Ministers Questions on Wednesday (2 July), with Kemi Badenoch saying she looks "absolutely miserable”.

Politics

5 d. ago No 10 says Starmer backs Reeves after Chancellor’s tears in Commons

Downing Street said the Prime Minister supported his Chancellor after Sir Keir Starmer declined to commit to her future in the Commons.

Politics

5 d. ago Minister declines to rule out tax rises amid welfare climbdown warning

Pat McFadden said that ministers ‘will keep to the tax promises’ in their election manifesto.

Events