The Latest Breaking News from Rachel Reeves

Tax rises would force up prices for customers, retailers warn Reeves

There are growing questions over how the government will fill a black hole in the public finances at the next budget

The Independent UK · Jul 31, 2025

Tax rises in autumn would force our prices up, retailers tell Reeves

Lobby group says shops have already had to put up prices and new increases would leave households struggling

The Guardian - UK · Jul 30, 2025

Bank of England governor blocks Rachel Reeves’s Revolut meeting

Concerns about chancellor’s involvement in independent process over fintech’s banking licence

The Guardian - UK · Jul 30, 2025

Britain set for minor boost as world economy growth forecast upgraded despite Trump tariffs

The IMF said the global economy would be more resilient than it expected in May

The Independent UK · Jul 29, 2025

Barclays joins rival in cautioning against hiking bank taxes

The lender’s boss said raising taxes for banks and other important sectors was not consistent with the Government’s pro-growth aims.

The Independent UK · Jul 29, 2025

Rachel Reeves’s ‘save less to invest’ policy could be brilliant for ordinary Britons – or a disaster

People know about savings. But investing in stocks and shares? Not so much. Ministers have a duty to be clear about the benefits and risks, says Hilary Osborne, the Guardian’s money and consumer editor

The Guardian - UK · Jul 29, 2025

Tin mining to return to Cornwall after Reeves makes £29m investment

Reopening of South Crofty mine, which closed in 1998, could create 1,300 jobs for region

The Guardian - UK · Jul 28, 2025

Reeves to visit Cornish tin mine due to be revived

The Chancellor said the £28.6 million National Wealth Fund investment to Cornish Metals could create up to 1,300 jobs.

Evening Standard · Jul 28, 2025

Starmer and Reeves should prepare UK for wealth tax, say top economists

PM could raise ‘tens of billions’ while positioning Britain as progressive, say Thomas Piketty and others

The Guardian - UK · Jul 28, 2025

UK is stuck in a ‘debt doom loop’, says top investor

Hedge fund chief Ray Dalio warns over public finances, saying Britain will be forced into spending cuts and tax rises

The Guardian - UK · Jul 28, 2025