The Latest Breaking News from Rachel Reeves

UK housebuilders in focus as construction woes cloud outlook

Experts said Persimmon was among the builders fighting issues ‘outside of its control’ in the wider property sector.

The Independent UK · Aug 8, 2025

Rachel Reeves gives green light for tax crackdown on savings accounts

Banks will pass details to HMRC before tax is withdrawn straight from paypackets for some people

The Independent UK · Aug 8, 2025

Voices: ‘The fairest way’ or a ‘political disaster’? Readers split on whether Reeves should raise income tax

YOUR VIEWS: Our community is split over whether raising income tax is the fairest way to plug Britain’s £50bn budget gap or a risky move that could harm growth and Labour’s political standing

The Independent UK · Aug 8, 2025

Surge in household costs puts Reeves’s economic growth plan at risk

Labour prime minister Keir Starmer has pledged that plans to be set out in the Budget this autumn will ensure that ‘people feel better off’

The Independent UK · Aug 7, 2025

Interest rates: Why have they been cut and what does it mean?

Here the PA news agency looks at what the decision means and what the Bank expects to happen to the economy.

Evening Standard · Aug 7, 2025

Bank lowers UK interest rates but warns ‘uncertainty’ about future cuts

Governor Andrew Bailey described it as a ‘finely balanced decision’ after MPC members were forced to hold a second vote.

Evening Standard · Aug 7, 2025

Reeves’ Nics hike stunting growth and pushing up food prices, Bank says

Higher labour costs in the food industry and supermarkets have pushed up costs for shoppers, the Bank of England said.

Evening Standard · Aug 7, 2025

Voices: Rachel Reeves won’t thank Gordon Brown for his tax advice

COMMENT: By advocating an increase in online gambling levies – not to help close the yawning fiscal gap, but to pay for the scrapping of the two-child benefit cap – the former prime minister has suggested that the moral case for higher spending outweighs the need for fiscal responsibility, says…

The Independent UK · Aug 7, 2025

UK interest rates slashed to lowest level in two years

UK interest rates have been cut to their lowest level since March 2023, despite the Bank of England predicting a sharp rise in inflation amid…

The National (Scotland) · Aug 7, 2025

FACT CHECK: Gordon Brown’s 'worse every day' warning on Scottish child poverty

“Gordon Brown warns child poverty in Scotland is getting 'worse every day' as he calls for UK Government action” ...

The National (Scotland) · Aug 7, 2025