Banking

Banking

‘I never thought we would go back to this’: Gordon Brown speaks out at Fife’s ‘bank of food banks’ | UK cost of living crisis

In a warehouse in the heart of his old constituency, Gordon Brown is riffling through boxes full of toothpaste and musing about how times have changed since he was a Labour chancellor with an anti-poverty mission.Toothpaste, along with shampoo, toilet rolls and sanitary towels, are just some of the basic goods provided in a “bank of banks” scheme the former prime minister helped set up in Lochgelly in Fife. The Big Hoose project offers not only food, but clothing, bedding, toiletries, and anything else a struggling household may need during...
Banking

Labour attacks Kwarteng’s ‘disgraceful’ claim his mini-budget not to blame for UK financial chaos – as it happened | Politics

Reeves claims it's 'disgraceful' for Kwarteng to say his mini-budget not to blame for problems with public financesLabour has escalated its criticism of the former chancellor Kwasi Kwarteng for claiming his mini-budget is not to blame for the poor state of the public finances. (See 9.15am.) Asked about his comments, Rachel Reeves, the shadow chancellor, said:It is really disgraceful that Kwasi Kwarteng has the cheek to do this interview. He crashed the economy with his mini-budget just a few weeks ago. It’s caused untold damage to people. Anyone coming off...
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