Rachel Reeves

Why did Starmer cut the winter fuel allowance? It’s called Treasury brain – and that spells trouble | Rafael Behr

An unwritten law of Westminster mechanics states that power, in the absence of a countervailing force, gravitates to the Treasury.The governing agenda can be set in No 10, but...

UK economy unexpectedly flatlines for second month in row

The anticipated post-election bounceback in the UK economy failed to materialise as activity flatlined in July for a...

Starmer and Reeves are playing a dangerous game. How much more do they think Britain can take? | John Harris

As the nights begin to draw in, the brief euphoria of 5 July increasingly feels like something that...

UK wages figures will affect state pension, interest rates – and Rachel Reeves

Among the many figures included in the monthly health check of the UK labour market from the Office...

Treasury has tried to push previous chancellors to means-test winter fuel allowance

It is often said there is never anything new in politics. And for old hands in Whitehall, there...

Reeves could raise £10bn a year by reducing pension tax relief, report says

Rachel Reeves could raise at least £10bn a year through a radical shake-up of pensions that would make tax relief less generous to better-off...

Renewed calls for UK industrial strategy to bring in investment and fix Brexit damage

UK manufacturers have renewed calls on the government to urgently draft an industrial strategy that will bring in investment and fix the “terrible” damage...

Expect more economic pain to come, warns senior UK cabinet minister

A senior cabinet minister has warned of more economic pain to come as the government prepares to restrict public spending in ways MPs and...

Greater trading options are crucial to the rebuilding of the country | Jonathan Reynolds

This government was elected on a pledge to turn the page, to kickstart growth and to rebuild our country so that it once again...

Britain could be a sci-tech superpower – if the Treasury stopped holding it back | Will Hutton

Just how bad is the economy? The chancellor, Rachel Reeves, warns that hard choices on tax, spending and borrowing need to be made on...

Keir Starmer warns of tough times ahead to fix ‘Tory ruins’

British people will have to endure even worse economic and social ­pressures in the months to come as the Labour government takes “unpopular decisions”...