Since becoming Chancellor Rachel Reeves has rented out her family home through a lettings agency. She had not been made aware of the licencing requirement, but as soon as it was brought to her attention she took immediate action and has applied for the licence. This was an inadvertent mistake and in the spirit of transparency she has made the Prime Minister, the Independent Adviser on Ministerial Standards and the Parliamentary Commissioner for Standards aware.
The Tory leader Kemi Badenoch has said the Chancellor's position is "extremely tenuous" as Rachel Reeves has spent months "floating punishing tax hikes on family homes" whilst she has been "profiting from illegally renting out her house."
The chancellor rightly acted with urgency on this matter. She has set out that it was an inadvertent mistake and as soon as it was brought to her attention took immediate action, applying for the licence and speaking to the independent adviser on ministerial standards. She made the prime minister aware of this issue at the earliest opportunity, at which point he immediately sought advice from the independent adviser.
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
The budget is on 26 November, and we will lay out our plans, but I can tell the house now that we will build a stronger economy, we will cut NHS waiting lists and deliver a better future for our country, he said.
Less than a month before she is due to deliver the budget, Rachel Reeves has admitted breaking rules by failing to apply for a licence from her local council before letting out her south London home. Keir Starmer accepted an apology from Reeves, who said she had not known a licence was required, and declared the matter closed. However, there was a further development on Thursday when Reeves found emails showing that the letting agent
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
According to an invitation seen by the Guardian, the event will be hosted by Michael Dugher, the chair of the Betting & Gaming Council (BGC), who joined Brunswick as a part-time senior adviser last year. Dugher, a former Labour MP who stepped down during Jeremy Corbyn's stint as party leader, has since built a career as a pugnacious and sometimes controversial champion of Britain's gambling industry.
I saw how challenging reshuffles can be for PM and party when I was chief whip under Rishi Sunak. They tend to make more enemies than friends, even when they are carefully planned and executed. Worse, the friends they make were probably your friends anyway, and the enemies you make are the ones who used to be your friends. In other words, there are only downsides.
Reeves will get fired or fall on her sword in the next 12 months. She'll make a balls of the Budget and I don't think she'll still be there at Christmas. They'll have a new chancellor with a three-and-a-half-year run into the next election who can move away from these unsustainable commitments that they won't raise taxes.
Speaking to TalkTV's Plank Of The Week, Mark Wogan said: "It's interesting how you say [Labour chancellor] Rachel Reeves is killing the housing market - she's killed it already. "You'd think someone would come round, even just out of interest. But no one's come to see it. No one, not one single person. That's how dead the market is."
Productivity is a dull word of vital importance. Growing the measure of output for each hour of work is an economic secret sauce, enabling growth in wages and living standards over the long run without stoking inflation.
Rachel Reeves inadvertently breached parliament's rules by failing to declare gifts on time, the standards watchdog has found. She blamed an oversight for her initial failure to declare the gifts, which included tickets to an adaptation of the classic children's novel Ballet Shoes at the National Theatre over Christmas.
UK government borrowing costs surged as speculation over Rachel Reeves's role as chancellor intensified. City investors flagged a multibillion-pound deficit due to Labour's welfare policy reversal.
We have listened to the concerns that people had about the level of the means test, and so we will be making changes to that; they will be in place so that pensioners are paid this coming winter.