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The Latest Breaking News from Rachel Reeves

Record fall in billionaires living in UK after Labour’s non-dom tax crackdown

It is the steepest decline in the Rich List’s 37-year history

The Independent UK

Rachel Reeves’ £50bn Pension Plan Sparks Fears of Another Miners’ Fund Scandal

If you're in your 20s, pensions might not be on your radar just yet. In your 30s and 40s, you might glance at the odd update from your provider.

The Fashion Central

UK sees big fall in billionaires after non-dom tax crackdown, Rich List shows

The annual list of Britain’s wealthiest people was once again topped by the Hinduja family, who are worth more than £35 billion.

Evening Standard

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Delay farmer inheritance tax changes ‘to allow for better formulation’, say MPs

Report says proposals ‘threaten to affect most vulnerable’, who would be helped by more time to seek advice

The Guardian - UK

Wealthy Britons avoiding more tax than previously thought, spending watchdog says

NAO says tax gap for rich individuals may be much more than £1.9bn and urges ministers to redouble efforts

The Guardian - UK

Starmer digs himself into a hole in Tirana while Tories froth about a flag

Keir was supposed to be here for a deal on an asylum returns hub but his towering host had a surprise in store

The Guardian - UK

FTSE 100 climbs after UK economy grows faster than expected

Chancellor Rachel Reeves said the first quarter growth shows ‘the strength and potential of the UK economy’, as markets rose on Thursday.

The Independent UK

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Average private school fees increase following government’s VAT rise

Chancellor Rachel Reeves said applying VAT to private school fees would help ‘provide the highest quality of support and teaching’ in the state sector

The Independent UK

Prime Minister insists he will fight next election after questions about future

Sir Keir Starmer is currently facing a brewing Labour rebellion over his Government’s plans to cut welfare.

Evening Standard

How Britain’s economic growth compares with other G7 countries

The Independent looks at how Britain’s economic growth compares to the rest of the G7 in the first quarter of the year

The Independent UK

Here’s why the UK economy has grown so quickly, and what comes next

Tax rises and Trump’s tariffs could lead to a very different picture soon

The Independent UK

Starmer’s former economic adviser warns Reeves will have to raise taxes

Labour prime minister and chancellor under pressure as US President Donald Trump’s tariffs continue to hit the UK, despite last week’s trade deal

The Independent UK

UK asking other countries to host ‘return hubs’ for refused asylum seekers, Starmer confirms – as it happened

PM on trip to announce increased cooperation against people smugglers alongside Albania’s prime minister, Edi Rama

The Guardian - UK

GDP rise and a less scary outlook offer Rachel Reeves some rare cheer

After two sickly quarters, upbeat growth data and UK trade deal with US paint brighter picture

The Guardian - UK

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Evening Standard

'We’ll make you better off,' says Labour as Keir Starmer hails UK 0.7% GDP growth as fastest in G7

The economy in the UK grew faster than in the US, France, Germany, Italy, Japan and Canada

The Independent UK

UK has fastest growing economy in G7 in boost for Starmer

Sir Keir Starmer said the figures showed he was meeting his goal of having the highest growth in the G7 group of leading democracies

The Fashion Central

Reeves Frozen Out After Winter Fuel U-Turn Briefings “From No10”

Labour’s bruising losses in the local elections, down 187 councillors have triggered a wave of finger-pointing behind closed doors.

Evening Standard

UK foreign investment falls as funding from US dries up, survey shows

The UK secured fewer investment projects than France for the fifth year in a row, according to EY’s annual UK attractiveness survey.

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Evening Standard

UK economy expected to have grown in first months of 2025

Official figures are forecast to show a bounce in the first quarter of the year, before April’s tax rises and Donald Trump’s tariff announcement.

The Independent UK

Details of Starmer’s Brexit reset deal revealed including youth mobility scheme

Exclusive: The deal will be unveiled on Monday — with a warning it will anger both Brexiteers and Rejoiners

The Independent UK

Fact check: The window tax was abolished in 1851

A viral online claim about a potential new window tax does not appear to have any evidence to support it.

Evening Standard

Unions and green groups call for £1.9bn emergency funding for North Sea workers

The organisations are holding a rally outside the UK Parliament on Wednesday to demand more support for workers to transition into green jobs.

The Independent UK

Watchdog’s investment body findings prompt concern over UK research ‘leadership’

The National Audit Office identified problems at UK Research and Innovation, an arm’s length body considered key to Government priorities.

The Guardian - UK

The Guardian view on better public transport for the north: good politics and good economics

Editorial: Northern metro mayors are right to demand a step change in public investment at next month’s government spending review

The Independent UK

Reeves hails pension funds’ vow to invest billions in UK infrastructure schemes

Chancellor Rachel Reeves has welcomed an agreement which could provide billions of pounds of investment for UK businesses and infrastructure schemes.

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