Chancellor of the Exchequer Rachel Reeves hinted at plans that could unlock billions of pounds of investment in the climate transition and other government priorities as she promised to deliver a UK budget showing “real ambition.

But the chancellor's conference speech on Monday risks being overshadowed by the row over her decision to axe winter fuel payments.

Rachel Reeves is set to use her first speech at a Labour conference to vow there will be "no return" to austerity under a Labour government. The chancellor is expected to declare that her first budget, due on October 30, will not be an austerity measure, and instead will “rebuild Britain” and deliver the change they promised the electorate.

Chancellor of the Exchequer Rachel Reeves was interrupted by pro-Palestine protesters during her keynote speech on the UK government’s economic plans at the Labour Party’s annual conference in Liverpool.

Budget statement will be used to “rebuild Britain” and deliver on the change Labour offered at the election, Rachel Reeves is to pledge.The Chancellor will make her speech at the Labour Party conference on Monday as ministers seek to move out from under the shadow of a row about donations.

Reeves pledges investment to ‘rebuild Britain’ will feature in Budget - The Chancellor will signal future investment in public services after weeks of emphasising the difficult economic legacy Labour has inherited.

Chancellor of the Exchequer Rachel Reeves promised to deliver a UK budget showing “real ambition” next month as she used her speech at the Labour Party’s annual conference to project a positive vision for the country.