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The Latest Breaking News from Rachel Reeves

The prime minister must not squander his second chance

THE INDEPENDENT VIEW: Editorial: Keir Starmer and his chancellor Rachel Reeves have less than two months to devise a Budget that addresses people’s real concerns. A limited reshuffle of Downing Street personnel is a good place to start

The Independent UK

Starmer seeks to wrest back policy control from Treasury in No 10 shake-up

Prime minister brings in chancellor’s deputy and former Bank of England chief to newly created senior roles

The Guardian - UK

Reshuffle gymnastics prepare Starmer to walk tricky budget tightrope

Economists say new team could help push back against Treasury but PM needs to spell out what he stands for

The Guardian - UK

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Starmer’s reshuffle and stories about Rayner reveal trouble at the top of the Labour party

NEWS ANALYSIS: Keir Starmer has attempted to take back control of his government with a mini-reshuffle on MPs return from recess. But tension at the top of the party has not gone away, political editor David Maddox reports

The Independent UK

Voices: Rachel Reeves risks becoming the ‘Chino Chancellor’ – chancellor in name only

COMMENT: By hiring Treasury second-in-command Darren Jones to work with him in No 10, with a new high-powered team of economic aides, Keir Starmer has effectively downgraded his chancellor, says Simon Walters

The Independent UK

Starmer insists Downing Street shake-up is ‘second phase’ not reshuffle

The Prime Minister said he wanted to focus on ‘delivery, delivery, delivery’.

Evening Standard

Voices: Starmer’s mini-reshuffle will help restore the authority that won Labour power

COMMENT: By bringing Darren Jones over from the Treasury, among other moves, the PM’s revamp is less a snub to Rachel Reeves than an admission that Labour cannot afford to rely on its election glow to sustain it, says Chris Blackhurst

The Independent UK

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Keir Starmer brings back ex-Tony Blair comms chief in mini-reshuffle

Keir Starmer has brought back a former adviser in Tony Blair's government as part of a mini-reshuffle of the UK Cabinet ...

The National (Scotland)

Reeves says Thames Water should find ‘market-based solution’

Chancellor aims to reassure creditors but says ministers are planning for all options including special administration

The Guardian - UK

Rising star Darren Jones named chief secretary to PM in Downing Street shake-up

Mr Jones will be based at No 10 and ‘directly oversee work across Government to support the delivery of the Prime Minister’s priorities’.

Evening Standard

Starmer appoints Darren Jones to new role as PM’s chief secretary

Mr Jones will be based at No 10 and ‘directly oversee work across Government to support the delivery of the Prime Minister’s priorities’.

The Independent UK

Keir Starmer shakes up Downing St team with mini-reshuffle

IN FULL

The Independent UK

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

The Independent UK

Monday briefing: As parliament returns, can Labour claw back the narrative from Reform?

In today’s newsletter: Nigel Farage ploughed ahead in the polls over recess, and Keir Starmer is now under pressure to define what his party stands for

The Guardian - UK

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Evening Standard

London is picking up the bill for the 6.5 million people on out-of-work benefits

The number of people claiming state cash is spiralling. This issue is sending us into financial freefall

The Independent UK

Defiant Reeves admits working people ‘feel stuck’ but insists Britain is not broken

Exclusive: Rachel Reeves launches her post-summer fightback with a boost for working parents as she tackles critics of Labour’s plans and the economy

Evening Standard

Change windfall tax to make £137bn by 2050, Chancellor told

Offshore Energy UK said the the energy profits levy should be replaced next year with a profits-based mechanism.

Evening Standard

Tories challenge Rachel Reeves to rule out ‘damaging property taxes’

The Chancellor will have to raise taxes or cut spending by around £51 billion to maintain her current level of ‘headroom’, experts say

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The Guardian - UK

The budget, immigration, Trump’s visit: the tests lying in wait for Keir Starmer

There is no shortage of challenges for the PM as MPs head back to Westminster and he tries to get on the front foot

The Guardian - UK

Rachel Reeves is under immense pressure. She must not waste her chance to ‘go big’

Chancellor needs to reform an out-of-kilter tax system without alienating voters or spooking financial markets

The Guardian - UK

‘All the power is with the employer’: why zero-hours workers welcome Labour’s rights bill

Critics of the legislation want the government to water it down, but for many employees change can’t come too soon

The Independent UK

Rachel Reeves given tax warning over manifesto pledge

IN FULL

The Independent UK

Reeves warned she will have to break manifesto commitment on tax to deal with economic black hole

Leading economists have questioned strategy of ‘fiddling around’ with new small taxes – such as the mansion and gambling taxes – to avoid economic crisis

Evening Standard

Banks hold FTSE 100 back on windfall tax worry

The FTSE 100 index closed down 29.48 points, 0.3%, at 9,187.34.

Evening Standard

Phil Spencer: rumoured reforms to stamp duty and capital gains tax would be catastrophic for London

It’s difficult to exaggerate the disruption and distortion that would take place in the lead up to any changes, half of London would be on the market

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