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Reeves looking to break link between gas cost and electricity prices

Chancellor wants to reduce impact of gas on market prices, as it almost always sets price of electricity in UKThe chancellor, Rachel Reeves, has said she and Ed Miliband, the energy secretary, are looking at ways to break the link between the cost of electricity and...

Rachel Reeves warns other budgets may be cut to lift defence spending

Chancellor says she is ‘working through a range of options’ to boost the armed forces but does not want to put up taxesUK politics live – latest updatesRachel Reeves has warned “difficult choices” are required to increase defence spending and other budgets may have to...