A civil war has erupted in the Labour Party after it was reported that Rachel Reeves plans to approve a third runway at Heathrow Airport and an expansion of operations at Gatwick. In a speech next week, the Chancellor is also expected to support more flights at Luton.

For a Labour chancellor it was a bold move: Rachel Reeves went to Davos and told an audience of global plutocrats that she wanted to make their lives easier by creating a riskier regulatory environment for UK consumers.

Marc Bayliss repeated a joke in which Rachel Reeves, the Labour Chancellor of the Exchequer was called 'Rachel from accounts'

Britain’s first woman Chancellor delivers the same old fudge, as Labour’s commitment to economic orthodoxy, seen throughout its history, always betrays working people, writes KEITH FLETT

Motorists could lose up to £30 billion in compensation after Labour Party Chancellor Rachel Reeves' recent intervention.

Like Reeves, Bell doesn't have many practical suggestions for boosting growth, but has eye-watering plans to hike tax after tax after tax. This goes way beyond anything Reeves has done. Bell has called on Reeves to launch another inheritance tax (IHT) blitz by scrapping the £175,000 residence nil-rate band altogether.

Pensions minister Torsten Bell (pictured), who has just arrived at the Treasury, has previously questioned the sustainability of the triple lock.

UK chancellor Rachel Reeves has shrugged off calls for her resignation, insisting to MPs that her economic plans can deliver an “immense” prize and defending her visit to China last week.

As ye sow, so shall ye reap. One reasonably reliable rule of economics is that markets will eventually always find you out. It’s taken just six short months for this to happen to Labour, with its fairytale promise to end austerity in public services without having to raise taxes on working people.

A rout in UK bonds has evoked memories of the market crisis during Liz Truss’s calamitous premiership and raised questions over Chancellor of the Exchequer Rachel Reeves’ budget plans.

Reeves’s worst week in office so far was marked by the UK struggling to keep the confidence of financial markets following a global bond sell-off. The investor revolt pushed up government borrowing costs amid concerns her current economic plan won’t deliver the growth to bring national debt under control, and will drive up already sticky inflation.

Exclusive: Former cabinet minister Sir Iain Duncan Smith said that the chancellor’s trip to Beijing was a desperate move ‘because she has trashed the economy’