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THE TRUTH ABOUT: 7 | History Defined

Rachel Reeves is right to scrap Jeremy Hunt’s gimmicky British Isa

Good riddance to Hunt’s muddled and pointless creation – prodding pension funds may do more to wake up the UK stock market

The Guardian - UK

Civil service chief backs UK government claim of £22bn shortfall

Simon Case criticises Tory government’s failure to hold regular spending reviews in letter to Jeremy Hunt – who had challenged figure

The Guardian - UK

Cabinet Secretary backs Labour in ‘Tory £22bn black hole’ row

Simon Case rebukes Conservatives for suggesting Labour exaggerated state of public finances

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Home Office criticised over ‘woefully’ understated Tory asylum budgets

An IFS report vindicates Labour concerns that it inherited a worse financial situation than previously thought

The Guardian - UK

Tuesday briefing: Will the public buy Labour’s plan to pin difficult decisions on the Tories?

In today’s newsletter: After his honeymoon period, Keir Starmer tries to sell hard choices to voters

The Guardian - UK

Reeves can point to ONS public finances report as cover for a harsh budget

October review is expected to be eye-wateringly severe, but chancellor will draw on official data to make her case

The Guardian - UK

UK government borrowing hits higher than expected £3.1bn in July

Figures come amid row between Labour and Conservatives over true state of public finances

The Guardian - UK

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Rachel Reeves planning to raise taxes and cut spending in October budget

Chancellor insists she still has large black hole to fill despite stronger than expected growth in first half of 2024

The Guardian - UK

GDP growth is strong but it masks UK plc’s deep-seated structural problems

Rachel Reeves must show how the Tories failed to tackle longstanding productivity, investment and trade deficits and stress how Labour can

The Guardian - UK

Reeves should nail down UK AstraZeneca deal. A collapse would be embarrassing

Chancellor hopes to cut state aid for Speke vaccine plant to £40m. But pro-growth Treasury must not let project slip overseas

The Guardian - UK

Jeremy Hunt accuses Rachel Reeves of preparing to use inflation rise as cover for ‘planned’ tax hike

Shadow chancellow took a swipe at the woman who replaced him last month, saying she must not use the latest data to bring in ‘tax rises she had planned all along’

The Independent UK

Blow to AstraZeneca vaccine project as Reeves plans funding cuts

Chancellor reportedly seeking to cut £20m from the £65m promised by Hunt to Merseyside manufacturing plant

The Guardian - UK

Kemi Badenoch comes out top among Tory leadership contenders in new party member poll

NEW polling has found Tory leadership contender Kemi Badenoch is the most popular shadow cabinet minister among Conservative members.

The National (Scotland)

Green party’s ‘progressive politics’ leaves members out in the cold

Letters: Readers respond to a piece by Neal Lawson on the party’s decision to expel activists who united to oust Jeremy Hunt

The Guardian - UK

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Evening Standard

Jury out on Chancellor Rachel Reeves, new poll shows after '£22 billion black hole' row

Ms Reeves clashed with her predecessor Jeremy Hunt over the public finances

The Conversation

Why Rachel Reeves can’t seem to make her ‘£22bn black hole’ narrative convincing

Rachel Reeves had hardly stepped down from the dispatch box to make her first big statement as chancellor of the exchequer before facing a furious backlash. She had claimed to have discovered a £22bn hole in public finances upon taking office and was using it to explain why the new…

The Guardian - UK

Bank of England dismisses Tory claims public sector pay rises will stoke inflation

Bank’s governor says planned awards of 5-6% would have relatively small impact on headline inflation

International Business Times UK

Netizens Call For Immediate Cut Of MP Salaries And Expenses After Rachel Reeves Leaves 10M Pensioners 'Out In The Cold'

Reeves claimed the public finances face an extra £22 billion hole inherited from the Conservatives and warned of "difficult decisions" ahead

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The Guardian - UK

Two City firms team up to invest £20bn of pension funds in UK businesses

Phoenix Group and Schroders will target fast-growing green energy, windfarms, solar, property and small business

The Independent UK

Rachel Reeves confirms taxes will rise in her first budget in October

Ahead of her first budget, Rachel Reeves refused to rule out hiking capital gains and inheritance tax and pursuing pension reform to fill the £22bn black hole in the public finances

The Guardian - UK

Some taxes will have to rise in 30 October budget, says Rachel Reeves

Chancellor rules out raising national insurance, VAT or income tax but says ‘difficult decisions to come’ amid £22bn public finance shortfall

The Guardian - UK

Reeves accuses Hunt of £22bn lie; nonsense, he says. What’s the truth?

Shadow chancellor says successor confected story of ‘black hole’ to distract from tax rises, but things are not clearcut

The Guardian - UK

Reeves and Hunt come to brink of fisticuffs over mysteriously absent £22bn

The chancellor blames her predecessor for everything, including her reinvention as a Ministering Angel of Death

The National (Scotland)

Winter Fuel Payment cuts will 'not be the last', Labour Treasury Secretary says

THE cuts to the Winter Fuel Payment will “not be the last” announced by the Labour government, the Exchequer Secretary to the Treasury has…

Evening Standard

Chancellor Rachel Reeves accuses Jeremy Hunt of 'lying' in furious bust-up over public finances

But he accuses her of not being honest with voters about Labour’s tax hike plans

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