Ailbhe Rea
@PronouncedAlva
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Associate Editor, Bloomberg UK. Covering politics in Westminster.
London via Belfast
Joined June 2012
SCOOP: Rachel Reeves is preparing to publicly support a third runway at Heathrow in her growth speech this month. Government is set to approve controversial expansions to Heathrow, Gatwick and Luton as part of its growth push.
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RT @Gabriel_Pogrund: SUNDAY TIMES EXCLUSIVE🚨. Reform MP James McMurdock suspended after investigation into £70,000 of Covid loans . He borr….
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RT @LukeTryl: 🎂 It’s the anniversary of Labour’s election win. The Government had some early stumbles, but what do the public think is thei….
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Jeremy Corbyn congratulates Zarah Sultana on leaving Labour and promises "she will help us build a real alternative". But doesn't confirm new party or that he and Zarah Sultana will be its co-leaders, as she said yesterday.
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Bloomberg live blog: There was a big move in the pound and gilts amid speculation Reeves was about to offer her resignation. That has marginally calmed after after the PM’s press secretary said the Chancellor has not offered her resignation.
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Bloomberg live blog: Yields on longer-dated bonds jumped their most since April as concerns grew around the fiscal plans and longevity of Reeves. They’ve now marginally pared those moves after PM’s press secretary said the Chancellor has not offered her resignation.
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Huge gilt selloff that my Bloomberg market expert colleagues are attributing to the events at PMQs.
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Market movement right now. Reasons not clear yet but comes after those scenes at PMQs. .
Bloomberg: *UK BONDS EXTEND DECLINES; 10-YEAR YIELD RISES 11BPS TO 4.56%.
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Bloomberg: *UK BONDS EXTEND DECLINES; 10-YEAR YIELD RISES 11BPS TO 4.56%.
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Watch PMQs if you're aren't already. Remarkable scenes.
A tear just rolled down the Chancellor’s cheek at #PMQs as the PM refuses to answer whether or not she’ll stay in her job. Hayfever, or something else?
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It was Angela Rayner who pushed for today's major U-turn to be made, when it became clear the govt was going to lose the vote. Extraordinary that a govt with a working majority of 165 was on course to lose - and that it only stopped it two and a half hours before the vote.
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RT @alexwickham: Keir Starmer dramatically abandons his flagship welfare reform an hour before it faced a humiliating Commons vote. It’s a….
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RT @alexwickham: (Bloomberg) President Donald Trump says he will have to take a look at potentially deporting Elon Musk. Trump was asked a….
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This was quite a moment in the chamber earlier. Marie Tidball is the disabled MP who, the Sunday Times reported, was left in tears after speaking to Rachel Reeves about the welfare bill last week. Reeves was sitting on the front bench while she made this intervention.
There has been no public consultation with disabled people about the proposals on PIP. This is not just about process, it makes disabled people worse off. I've just asked what the Work and Pensions Secretary will do to ensure her department regains the trust of disabled people
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This is looking trickier for the government now that the exact details of the welfare U-turn have been set out. Rebels who said they were inclined to support the bill are now saying they aren't reassured by the details - one says the government could still lose tomorrow.
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RT @kiranstacey: Very important clarification just now from Liz Kendall: the 4-point process for disability payments (the thing that has ca….
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RT @romillyweeks: NEW: Debbie Abrahams one of 3 MPs to negotiate the welfare concessions with No 10 says they do not go far enough @ITVNews….
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RT @PippaCrerar: NEW: A DWP poverty analysis shows that after concessions announced last week, government’s welfare cuts will still push ex….
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RT @BBCPolitics: "Speaking privately to people. quite a lot of them are quite explicit that they want to see Rachel Reeves gone as Chance….
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Looking forward to joining @vicderbyshire and guests this morning to discuss an extraordinary week in politics and what happens next.
Joining Victoria Derbyshire, standing in for #BBCLauraK. Health Secretary Wes Streeting.Shadow work and pensions secretary Helen Whately.Comedian Rosie Jones.Former cabinet minister Louise Haigh.Pollster Luke Tryl.Journalist Ailbhe Rea.CEO NHS Confederation Matthew Taylor. 9am
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