4 h. ago No 10 insists Reeves’s authority not dented by reshuffle after market jitters

Downing Street underscored ministers’ continuing commitment to fiscal rules as government borrowing costs surge

Culture

6 h. ago Starmer's unhappy birthday: Labour government's popularity crashes to new record low as markets ramp up borrowing costs after desperate reshuffle 'sidelining' Reeves

YouGov found Labour's approval rating has slumped to minus 59 - with 70 per cent satisfied with their performance and 11 per cent dissatisfied.

Events

6 h. ago Yvette Cooper denies Rachel Reeves being ‘sidelined’ after No 10 shake

Monday's shake-up saw the Chancellor's deputy, Darren Jones, move into a new role

Politics

7 h. ago No 10 insists Reeves’ authority not dented by reshuffle after market jitters

Downing Street underscored ministers’ continuing commitment to fiscal rules as government borrowing costs surge

Culture

8 h. ago Reeves’ authority not dented by reshuffle, No 10 says in bid to calm markets

Downing Street underscored ministers’ continuing commitment to fiscal rules as government borrowing costs surge.

Culture

8 h. ago Starmer crushes bid to sing him happy birthday at Cabinet meeting after desperate reshuffle 'sidelining' Reeves sent markets into a frenzy

Keir Starmer stepped in to stop his new-look top team from marking the occasion as they assembled in Downing Street.

Politics

9 h. ago Pressure rises on Reeves as government borrowing costs hit 27

Chancellor will face more limited fiscal headroom at budget after yield on 30-year bond increases to 5.68%Business live – latest updatesReshuffle gymnastics prepare Starmer to walk tricky budget tightropeBritain’s long-term borrowing costs have hit their highest level in 27 years, intensifying the pressure on the chancellor, Rachel Reeves, before the autumn budget.The yield, or interest rate, on 30-year UK government debt hit 5.714% on Tuesday. That is its highest level since 1998, indicating that it will cost the UK more to borrow from the markets, above the previous 27-year high of 5.649% set in April. Continue reading...

Events

10 h. ago Is Reeves about to drive Britain off a financial cliff? Alarm grows as borrowing costs soar to even HIGHER than surge that toppled Truss (...and the Chancellor's face says it all)

Yields on 30-year UK bonds, known as gilts, leapt to just below 5.7 per cent, the highest level since 1998 in the wake of a reshuffle seen as sidelining Rachel Reeves.

Economics

12 h. ago Fears UK is heading for 'economic oblivion' as government borrowing costs soar to 27

Yields on 30-year UK bonds, known as gilts, leapt to just below 5.7 per cent, the highest level since 1998 in the wake of a reshuffle seen as sidelining Rachel Reeves.

Economics

12 h. ago Cooper rejects claims Reeves has been sidelined on economic policy by No 10 mini

‘Quite the reverse’, says home secretary, amid reports Starmer’s reorganisation is aimed at freezing chancellor out ahead of autumn budgetIn an interview with Sky News this morning Yvette Cooper, the home secretary, declined to guarantee that migrants will definitely be sent back across the channel this month as part of a returns agreement with France.Asked for the exact date of the first returns, Cooper replied: “It will be later this month.”We expect the first returns to take place this month. But I’ve always said from the very beginning on this, it’s a pilot scheme and it needs to build up over time.If you submit an asylum claim that lacks merit, it will be swiftly and robustly refused.Any request for asylum support will be assessed against destitution criteria. If you do not meet the criteria, you will not receive support.If nothing has changed in their country, people should not be claiming asylum at the end of a student course. We need to clamp down on that and that’s why we’r...

Economics

13 h. ago Chancellor under pressure as government borrowing costs surge to 27

The yield on UK government bonds – also known as gilts – jumped to the highest level since 1998.

Politics

33 h. ago Reeves sidelined as Starmer hires new economic team in surprise reshuffle

The prime minister has moved to get a grip on the political agenda after a torrid year and also sacked his director of communications

Economics

34 h. ago Starmer's 'tax fanatic' army: PM's bid to rein in Reeves with army of aides in desperate No10 reshuffle fuels tax hike fears

No10 communications director James Lyons announced he is leaving the role after a year amid a desperate effort to 'reset' the PM's team.

Politics

35 h. ago Keir Starmer launches desperate No10 reshuffle drafting in 'tax fanatics' with bombshell Budget looming... as PM faces migrant fury and threat from Farage

No10 communications director James Lyons announced he is leaving the role after a year amid a desperate effort to 'reset' the PM's team.

Events

35 h. ago Keir Starmer launches a desperate No10 reshuffle with key aides OUT as he faces migrant fury, falling poll ratings... and a rising threat from Farage

No10 communications director James Lyons announced he is leaving the role after a year amid a desperate effort to 'reset' the PM's team.

Events

36 h. ago Keir Starmer launches a desperate No 10 reshuffle with key aides OUT as he faces migrant fury, falling poll ratings... and a rising threat from Farage

No10 communications director James Lyons announced he is leaving the role after a year amid a desperate effort to 'reset' the PM's team.

Events

39 h. ago Factory activity shrinks as US tariffs bite; UK house price drop – business live

Rolling coverage of the latest economic and financial newsNationwide also expects income growth to continues to outpace house price growth.That would mean that housing affordability should continue to improve, if gradually.Borrowing costs are likely to moderate a little further if Bank Rate is lowered again in the coming quarters.This should support buyer demand, especially since household balance sheets are strong and labour market conditions are expected to remain solid. Continue reading...

Economics

52 h. ago Fresh war on motorist as 'spy cameras' in car parks so they can fine more drivers

The Government claim greater enforcement powers are needed in 'affluent' areas popular hotspots like seaside towns and sporting venues

Transport

7 d. ago Trump’s attack on Fed shifts market bets on interest rates and inflation

Gap between long-term and short-term borrowing costs reaches its widest in three years

Economics

1 week ago Investors warn of ‘new era of fiscal dominance’ in global markets

Combination of record government debt and rising borrowing costs puts central banks under pressure

Events