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The Latest Breaking News from Rachel Reeves

Rows over defence investment plan ‘have badly harmed cabinet relations’

Sources say much delayed Dip is close to sign-off but only after some of the Labour government’s worst infighting

The Guardian - UK

BP says it paid £1.2bn in UK taxes last year amid Government plans to raise more

The energy firm said the total amount of taxes paid in 2025 include £422 million raised from the energy profits levy.

Evening Standard

Heathrow third runway: Furious row erupts over London say on 'fast-tracked' airport expansion plan

Exclusive: Chancellor Rachel Reeves warned not to ram through ‘half-hearted’ public consultation on airport expansion to be published ‘in weeks’

Evening Standard

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Rachel Reeves may be unpopular, but she is quietly rebalancing UK plc

Policy U-turns could define her stint at No 11 despite many sure-footed advances on devolved spending to help kickstart growth

The Guardian - UK

UK’s fragile heirloom: ceramics sector calls for more help to save ‘vital industry’

Brands such as Portmeirion in Stoke welcome £120m package but seek further support to avert fresh closures

The Guardian - UK

Andy Burnham pledges to slash taxes on pubs if he becomes prime minister

Mayor promises to reverse a series of tax rises that have hit hospitality and small businesses since Labour came to power – and suggested he could cut employers’ national insurance contributions

The Independent UK

Starmer says protecting Britain the ‘top priority’ as he fails to rule out cuts to fund defence spending plan

The Defence Investment Plan will finally be published before next month’s Nato summit in Turkey, the PM has said

The Independent UK

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Blueprint for defence spending will be a ‘step up’, Starmer vows amid delay

The Defence Investment Plan will be published before the Nato summit in Turkey, beginning on July 7, the Prime Minister said.

Evening Standard

Yvette Cooper rejects Harriet Harman’s call for disappearing messages ban

The Foreign Secretary said “lots of people”, including herself, had WhatsApp’s auto-delete tool turned on for some exchanges.

Evening Standard

Starmer still confident in Darren Jones after leaked Mandelson messages revealed

Mr Jones also appeared to criticise Chancellor Rachel Reeves, Jonathan Reynolds and Angela Rayner.

Evening Standard

Missing Peter Mandelson messages 'point to Labour cover-up'

Missing messages between disgraced former ambassador Peter Mandelson and the most senior UK Government minister have sparked accusations of a…

The National (Scotland)

Major business group accuses Labour of sending firms to ‘tipping point’ after taking billions extra in tax

An extra £27bn was raised in taxes by Labour, the CBI will say

The Independent UK

Minister Darren Jones told Mandelson he was ‘so sorry’ in undisclosed message

The Chief Secretary to the Prime Minister also appeared to criticise Chancellor Rachel Reeves, Jonathan Reynolds and Angela Rayner.

Evening Standard

Top Labour minister told Peter Mandelson he was 'so sorry' after sacking

A top Labour minister told Peter Mandelson he was 'so sorry' after he was sacked as ambassador to the US over his links to convicted…

The National (Scotland)

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The Guardian - UK

Starmer’s chief secretary consoled Mandelson after dismissal as US ambassador, undisclosed texts show

Darren Jones’s messages include requests for advice on the reshuffle and remarks about former business secretary Jonathan Reynolds

Evening Standard

Universal unveils UK theme park name and logo as £7.3bn investment announced

The theme park is expected to attract millions of visitors each year including more than a million additional overseas visitors.

The Guardian - UK

UK government to pay £1.3bn to help fund Universal Studios theme park in Bedfordshire

Chancellor hails deal saying it will create tens of thousands of jobs in the construction, hospitality, creative and technology sectors

Evening Standard

Taxpayers face £1.3bn bill to help Universal build first European theme park just outside London

Construction on Universal United Kingdom Resort in Bedfordshire is expected to begin soon

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The Independent UK

UK government to spend £1.3bn to support ‘spectacular’ Universal theme park in Bedford

The resort set to become the UK’s most popular tourist attraction when it opens in 2031, with millions expected to visit each year

The Guardian - UK

Rural UK ‘particularly at risk’ of diesel shortages if Iran war continues

OECD forecast sets out economic risks from conflict, pointing to potential shortfalls to key energy products

Evening Standard

UK economy to grow 0.9% this year but outlook cut for 2027 – OECD

Forecasts predicted that global economic growth will slow to 2.8% this year, from 3.4% in 2025.

The Independent UK

Starmer defends using vanishing WhatsApp messages after Mandelson files revelation

MPs voted earlier this year to force the disclosure of documents relating to his time as ambassador

The Guardian - UK

Debt-ridden graduates seen as ‘cash cows’ to fund older people’s lifestyles, MPs told

Student groups tell inquiry about ballooning debt and ‘sneaky changes’ to loan terms while likening system to finance scandals

The Guardian - UK

Reeves examines using private sector funds to speed building of new towns

Chancellor in talks with banks and investment funds about public-private partnerships to build infrastructure

The Independent UK

Jeremy Clarkson burns Keir Starmer effigy after farming tax controversy

In ‘Clarkson’s Farm’ season five, an effigy of the PM is set ablaze on top of a bonfire

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