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The Latest Breaking News from Rachel Reeves

Reeves warns impact of Iran war on economy will persist once hostilities end

The Chancellor and international counterparts said the conflict had caused ‘unacceptable loss of life’ and ‘significant’ economic turmoil.

Evening Standard

Starmer rejects accusation Labour is ‘complacent’ on defence funding

PM responds to warnings by former Nato chief George Robertson by saying defence spending is increasing rapidly

The Guardian - UK

UK to send £752m and 120,000 drones to Ukraine to bolster defences against Russia

Drones now account for the majority of battlefield casualties

The Independent UK

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UK to send biggest-ever drone shipment to Ukraine in blow for Putin

Britain is set to announce millions in additional support for Ukraine, with Chancellor Rachel Reeves confirming a £752 million payment. This payment, part of a larger £3.36 billion loan, is designated for military equipment such as long-range missiles, air defence systems and drones. Defence Secretary John Healey will unveil the…

The Independent UK

Rachel Reeves Blasts Donald Trump's Iran War as Keir Starmer Prepares Crisis Address to the Nation

Rachel Reeves has branded Donald Trump's Iran war a 'folly' without an exit plan, blaming it for squeezing UK households as oil prices surge and growth forecasts are cut.

International Business Times UK

Donald Trump says he's reopening Strait of Hormuz 'permanently' as Britain slams his war as a folly

Iran has blocked attempts by the US president to prize open the key strait in the Gulf

Evening Standard

Rachel Reeves ‘not sorry’ for crying in PMQs – but will stay in her office next time

‘I’m not going to apologise for crying... But I think next time I feel like doing that, I’ll stay in the office,’ the chancellor said

The Independent UK

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How Rachel Reeves has responded to warning that Britain’s security is in ‘peril’

IN FULL

The Independent UK

Reeves digs heels in over defence boost despite fears UK security is ‘in peril’

The armed forces are thought to be facing a financial black hole of around £28bn over the next four years

The Independent UK

How a £2m bitcoin order made Nigel Farage the political face of UK crypto

Promotion of ‘bitcoin treasury’ firm with Kwasi Kwarteng draws new attention to Reform leader’s relations with industry

The Guardian - UK

Chancellor meeting with US counterpart after strong criticism of Iran war

IN FULL

The Independent UK

IMF calls for countries to economise on energy supplies, and hails UK’s budget deficit improvement – as it happened

Rolling coverage of the latest economic and financial news, as IMF managing director Kristalina Georgieva gives a press conference in Washington DC

The Guardian - UK

Ukraine-Russia war latest: Child among 13 killed as Putin’s forces attack Kyiv and other cities overnight

Major attack comes just hours after Putin's forces hit Ukraine with more than 380 drones and missiles

The Independent UK

Reeves to hold talks with US counterpart after hitting out at Trump’s ‘folly’ over Iran war

Rachel Reeves has gone public with her anger and frustration at the ‘folly’ of America’s actions in the Middle East

The Independent UK

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Evening Standard

Chancellor to hold talks with US counterpart after strong criticism of Iran war

Rachel Reeves has gone public with her anger and frustration at the ‘folly’ of America’s actions in the Middle East.

Evening Standard

Middle East conflict sparked major supply shock, says Bank of England boss

Andrew Bailey made his comments as the UK was given a gloomy economic outlook by the International Monetary Fund.

The Guardian - UK

Reeves arrives at IMF with little leeway to prove its UK downgrade wrong

Chancellor faced with fund’s forecast that impact of Iran war will leave Britain as G7’s biggest loser

The Independent UK

Chancellor slams Trump’s Iran war ‘folly’ as threat of recession looms

Rachel Reeves says she is ‘very frustrated and angry’ at America’s actions in the Middle East

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The Independent UK

UK economy faces hardest hit of G7 from Iran war says IMF as growth forecast cut

Chancellor Rachel Reeves said the war ‘will come at a cost to the UK’ following the IMF’s gloomy outlook.

Evening Standard

IMF slashes UK growth forecast as Britain's economy faces biggest shock of G7 nations due to Iran war

Chancellor Rachel Reeves said the war ‘will come at a cost to the UK’ following the IMF’s gloomy outlook

Evening Standard

Rachel Reeves hits out at ‘folly’ of Trump’s Iran war amid IMF growth warnings

The IMF has said in its latest forecasts that the war would result in weaker than previously expected UK economic growth.

The Guardian - UK

Reeves hits out at ‘folly’ of US going to war without clear exit plan

Chancellor ‘frustrated and angry’ at decision to attack Iran ‘without being clear what the objectives are’

The Guardian - UK

Iran war escalation could trigger global recession, IMF warns

Growth forecasts cut for US and global economy, while UK suffers sharpest downgrade in G7

Evening Standard

UK economic growth forecasts slashed as IMF says Iran war risks global recession

The IMF laid out its first set of forecasts since the global economy was rocked by the conflict between US-Israeli and Iranian forces.

The Independent UK

Trump’s Iran war could trigger global recession, IMF warns

UK growth slashed as worldwide economy could be thrown ‘off course’, with the risk of an energy crisis ‘on an unprecedented scale’

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