35 h. ago Hollyoaks breached Ofcom rules over promotion of fintech app in one episode

Ofcom has found that Channel 4 soap Hollyoaks breached its rules by promoting a financial technology app in an episode of the soap

Politics

38 h. ago Rachel Reeves vows to rip up rules acting as 'boot on the neck' of businesses

In her Mansion House speech to City chiefs, the Chancellor said her plans for an overhaul of financial services would have a 'ripple effect' across the whole economy

Politics

41 h. ago Reeves says rules and red tape are ‘boot on the neck’ of business

At the Mansion House dinner she calls for regulators to allow more risk to clear the way for economic growthNils Pratley: tread carefully with reform of bank ringfencing, chancellorRachel Reeves has claimed that rules and red tape are acting as a “boot on the neck” of businesses and risk “choking off” innovation across the UK without bold reforms.In a speech to City bosses attending the Mansion House dinner at London’s Guildhall on Tuesday evening, the chancellor heaped further pressure on regulators to allow for more risk in order to boost economic growth. Continue reading...

Politics

44 h. ago Reeves to reform UK bank ringfence rules in financial services overhaul

Chancellor announces ‘Leeds reforms’ to try and drum up more investment

Economics

47 h. ago Reeves tears up UK bank ringfence rules in financial services overhaul

Chancellor announces ‘Leeds reforms’ to try and drum up more investment

Economics

59 h. ago Rachel Reeves set to bet the house on economic growth by loosening mortgage rules

The chancellor is set to rip up many of the rules brought in after the 2008 financial crash to encourage investors and businesses to take risks again and open up the housing market to thousands more first-time buyers

Economics

4 d. ago Keir Starmer's ratings plunge to new record low after benefits shambles and Reeves' tears... with tax rise fears mounting

Just 18 per cent of Brits have a positive view of Keir Starmer's performance in Downing Street, according to a poll.

Politics

5 d. ago ‘It’s a strength’: female business leaders back Reeves’ tearful moment

Displaying emotion is part of ‘our humanity’ says CBI chief

Politics

7 d. ago Rachel Reeves gives defiant show after crying in PMQs just a week ago

Rachel Reeves was last week seen with tears rolling down her face during PMQs - but the defiant Chancellor has since coming out fighting and 'cracking on' with the job

Politics

1 week ago Unless we live within our means, Reeves' teardrops will become a torrent

The Chancellor told the Guardian newspaper on Saturday that it was impossible to rule out tax increases, which is a politician's way of saying they'll have to rise.

Society

1 week ago Tories warned Labour about Rachel Reeves' tears 17 minutes BEFORE PMQs started

Tory MPs revealed they alerted Labour whips to the fact that the Chancellor was weeping in the Commons to ensure she got help.

Events

1 week ago What happened when I cried at work: From Nadine Dorries' public tears in the face of political defeat to Mariella Frostrup's weeping episode after being sacked, some of Britain's most high

Watching the tears run down Rachel Reeves' cheeks during PMQs on Wednesday, one thought came to mind, 'she's broken', and my heart broke for her too.

Politics

1 week ago Readers’ letters: Labour rebels were elected with a welfare reform mandate

A reader says Rachel Reeves’ tears would be understandable if they were about Labour rebels wrecking her work to reform the benefits system

Politics

1 week ago Chelsea, Aston Villa and Barcelona fined by Uefa over spending rule breaches

Chelsea hit with unconditional €31m fineVilla confident they can absorb fine and strengthenChelsea, Aston Villa and Barcelona have been fined by Uefa for breaking financial rules. Chelsea have been hit with an unconditional €31m (£27m) bill but could face a further €60m (£52m) fine if they do not comply moving forward. Barcelona and Villa have been fined €15m (£13m) and €11m (£9.5m) respectively but are also at risk of further conditional penalties.The conditional fines for Chelsea (€60m), Villa (€15m) and Barcelona (€45m) relate to agreed plans across four-year, three-year and two-year periods respectively. Continue reading...

Sport

1 week ago Chelsea face doubts over registering signings with Uefa after £27m fine

Aston Villa and Barcelona also punished over financesVilla confident they can absorb fine and strengthenChelsea, Aston Villa and Barcelona have been fined by Uefa for ­breaking financial rules. Chelsea have been hit with a €31m (£27m) fine, with a ­potential further €60m looming over the next four years if they fail to ­comply with regulations again. They also face doubts over whether they will be able to register new signings in ­European competitions over the next two seasons.Villa have been fined a total of €11m with a further €15m suspended for the next three years. Barcelona have been fined €15m and are also at risk of further conditional penalties. Continue reading...

Sport

1 week ago Rachel Reeves says she cannot rule out autumn tax rises after ‘damaging’ week

Exclusive: Chancellor says she never considered resigning and warns ‘there are costs’ to welfare bill U-turnRachel Reeves has said it is impossible for her to rule out tax rises in the autumn budget and insisted she never thought about quitting despite a turbulent week for her and the government.In an interview with the Guardian, the chancellor said “there are costs” to the watering down of the welfare bill and acknowledged it had been a “damaging” week for Downing Street. Continue reading...

Politics

1 week ago Chelsea and Aston Villa learn punishments for breaching UEFA's Financial Fair Play rules

KIERAN GILL AND TOM COLLOMOSSE: European football's governing body announced on Friday that Chelsea had agreed to a settlement which will see them pay a fine for not complying with rules.

Sport

1 week ago Crying in the Commons: why are women’s workplace tears a source of shame?

Rachel Reeves’s distress may help destigmatise an emotional response to pressure or professional frustrationRachel Reeves’s tears this week triggered a fall in the pound and attracted widespread derision from political columnists, mostly male. “What is wrong with Rachel Reeves?” the Telegraph asked. In an article headlined “The meaning of the chancellor’s tears”, a New Statesman columnist told readers that Reeves’s authority was “beginning to melt away”. The Daily Mail spoke disdainfully of her “waterworks”.But in the longer term the chancellor’s display of distress may prove to have an unexpectedly positive legacy, helpfully normalising a still hugely stigmatised phenomenon: women’s tears in the workplace. Continue reading...

Politics

1 week 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

1 week ago Investor fright over Reeves’ tears shows fragility of UK finances

Market fears that replacing chancellor would imperil fiscal rules

Economics