Overview

• Chancellor Rachel Reeves attacked Jeremy Corbyn’s credibility at the Edinburgh Fringe, calling his movement driven by a “big ego” and unlikely to succeed.
• Corbyn and co-leader Zarah Sultana’s unnamed group, marketed as Your Party, says it has secured over 500,000 sign-ups within its first week.
• The initiative scored its first elected defection when Coventry councillor Grace Lewis resigned from Labour to join the new left-wing formation.
• Reeves cautioned that Nigel Farage’s Reform UK has overtaken the Conservatives as Labour’s primary rival in the face of widespread voter dissatisfaction.
• Organizers plan a founding conference in November to formalize leadership roles and roll out a manifesto centered on Gaza solidarity and wealth-tax proposals.