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The Latest Breaking News from Rachel Reeves

Chancellor’s economic plans will reward ‘already wealthy’, warns Rachel Reeves

Liz Truss and Kwasi Kwarteng are two “desperate gamblers chasing a losing run” with an economic plan rewarding the “already wealthy”, according to shadow chancellor Rachel Reeves. The Labour frontbencher took aim at the Prime Minister and Chancellor as she warned the Government has served up a “menu without prices”,…

Evening Standard

Pound plummets as Kwasi Kwarteng sets out biggest raft of tax cuts for 50 years

The Chancellor abolished the top rate of income tax for the highest earners.

The Independent UK

Warning to home buyers after stamp duty cut in mini budget

The Chancellor, Kwasi Kwarteng confirmed a cut in stamp duty

Liverpool Echo

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Martin Lewis 'staggered' and 'worried' by Chancellor's mini-budget

Tax cuts are 'central' to the plan

Nottingham Post

Labour conference: what’s on agenda and who to look out for

Party faithful return to Liverpool to discuss issues such as cost of living and proportional representation

The Guardian - UK

Chancellor Kwasi Kwarteng’s mini-budget slammed by Labour as ‘plan to reward the wealthy’

Shadow Chancellor Rachel Reeves called the Prime Minister and Chancellor were “two desperate gamblers in a casino”

Evening Standard

Martin Lewis 'worried' after 'staggering' mini-budget from Chancellor Kwasi Kwarteng

'Huge new borrowing at the same time as cutting taxes'

Wales Online

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Martin Lewis brands the mini-budget ‘staggering’

Lewis said ‘I really hope it works. I really worry what happens if it doesn’t’

Evening Standard

Liz Truss 'robbing the poor' in tax-cutting budget for wealthy funded by massive borrowing

Opposition parties were left slack jawed by the audacity of Kwasi Kwarteng's unashamed move to cut taxes for the wealthy and big businesses under the cover of encouraging growth.

Daily Record

Stamp Duty slashed in Mini-Budget - what that will mean for you

Kwasi Kwarteng also said the stamp duty threshold for first-time buyers would be increased from £300,000 to £425,000

Wales Online

Tories ARE the cost of living crisis, Kwasi Kwarteng told as Labour savages budget

The Chancellor came under fire following the government's refusal to target the eye-watering profits made by energy companies in Rachel Reeve's brutal response

Daily Mirror

Kwasi Kwarteng AXES top income tax rate for highest earners

The Chancellor announced a raft of tax cuts in a mini-budget

Evening Standard

Labour's 'not a penny more' energy plan could save Scots £2.6 billion in heating bills

Shadow Chancellor Rachel Reeves is heading to Scotland armed with figures showing how much households could save under Labour's £29 billion energy freeze plan.

Daily Record

Labour energy cap freeze would save Scottish families £2.6bn – shadow chancellor

Ahead of a visit to Levenmouth, Fife, on Wednesday, Labour’s shadow chancellor Rachel Reeves has outlined energy proposals.

The Independent UK

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The Guardian - UK

It’s time for Labour to show voters that it, not the Tories, can mend the economy

Keir Starmer must show that incompetence from a tired, divided party is costing Britain dearly and offer bold solutions

The Independent UK

Truss plans to ease living costs ‘would leave millions out in the cold’

The Foreign Secretary has promised ‘decisive action’ if she is made PM to deliver ‘immediate support’.

ABC News

Millions of Britons at risk of poverty, cold-home deaths as energy prices soar

Energy bills are set to skyrocket for UK residents in October, potentially leading to more deaths than the 10,000 people who already die each year due to cold homes.

Daily Mirror

Boris Johnson says 'pipeline of cash' on way but big decisions will have to wait

The lame duck Prime Minister said that the government will be announcing more support next month - after he leaves office - but charities have warned that action is needed now after today's energy price hike was confirmed

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Daily Mirror

'Dereliction of duty' anger as ministers vanish from TV as energy bills hike confirmed

No members of the government appeared on breakfast shows to respond and take questions on the crisis in a further sign that the zombie government is failing to act

Wales Online

'Dereliction of duty': Government ministers absent from TV studios after energy price cap hike

Labour’s shadow chancellor Rachel Reeves accused ministers of being nowhere to be seen on the morning of the Ofgem announcement

The Guardian - UK

Martin Lewis warns lives will be lost without more help on energy bills

Expert says Tory ministers and leadership candidates doing nothing to allay people’s panic and dismay

The Independent UK

‘Armageddon’: Energy price hike will ‘cost lives’ and leave children hungry, charities warn Tory candidates

People will die from 80% price rise without more support, Liz Truss and Rishi Sunak told

The National (Scotland)

Martin Lewis issues dire warning as Ofgem raises energy price cap by 80 per cent

ENERGY regulator Ofgem confirmed that the average household’s yearly bill would rise from £1971 to £3549 from October ...

The Guardian - UK

Labour calls for emergency budget as energy cap set to top £3,500

Ofgem announcement will ‘strike fear’ into hearts, says Rachel Reeves, amid accusations of profiteering at oil and gas firms

The Guardian - UK

Labour sets out plan to link minimum wage to cost of living

Exclusive: earnings of lowest-paid could rise by £832; lower rates for 18- to 22-year-olds to be scrapped

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