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The Latest Breaking News from Rachel Reeves

Reeves should consider ending pension triple lock and charging for NHS treatment, says IMF

Chancellor is advised to give herself more leeway in the next budget before adjusting taxation or spending

The Guardian - UK · Jul 25, 2025

Business Secretary dismisses idea of ‘magic wealth tax’ as ‘daft’

Wales’s First Minister Baroness Eluned Morgan has called for a wealth tax.

Evening Standard · Jul 25, 2025

Chancellor faces fiscal risks and ‘significant challenges’ amid trade war – IMF

The IMF said the UK’s ‘limited’ so-called headroom on its public finances could see plans thrown off course.

Evening Standard · Jul 25, 2025

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Starmer rejects call to imminently recognise Palestinian state despite ‘overwhelming pressure’ from MPs

Prime minister faces growing demands to recognise a Palestinian state immediately amid mounting global anger over the starving population in Gaza

The Independent UK · Jul 25, 2025

Scenes of starving people in Gaza ‘deplorable’, says Reeves

Rachel Reeves said the Government’s focus was on getting aid in to Gaza, rather than Palestinian statehood.

Evening Standard · Jul 25, 2025

Reeves will have to ditch key party manifesto pledge, IMF warns

IN FULL

The Independent UK · Jul 25, 2025

Reeves will have to raise taxes, charge for the NHS or ditch pensions triple lock, warns IMF

The International Monetary Fund praised Rachel Reeves’s overall strategy but warned that her lack of fiscal headroom will leave her with hard choices

The Independent UK · Jul 25, 2025

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Donald Trump Scotland visit is 'in national interest', says Rachel Reeves

Rachel Reeves has claimed Donald Trump's visit to Scotland is "in the national interest" ...

The National (Scotland) · Jul 25, 2025

Trump’s visit to Scotland is in ‘public interest’, says Chancellor

The US president is due to touch down in Scotland on Friday evening.

The Independent UK · Jul 25, 2025

Rachel Reeves in Scotland to announce £66m of transport funding

Rachel Reeves will announce £66 million of funding for transport projects in Scotland – with the Chancellor insisting the cash shows the Labour…

The National (Scotland) · Jul 25, 2025

Record number of farms close in wake of ’tractor tax’ raid

Labour chancellor Rachel Reeves has faced a furious backlash over her decision to extend inheritance tax

The Independent UK · Jul 25, 2025

What is a wealth tax – and would it work in the UK?

Economic experts give their take on proposals for a new tax on the UK’s ultra-rich

The Independent UK · Jul 25, 2025

Rachel Reeves considers overruling supreme court in £44bn car finance scandal

Exclusive: Chancellor could step in if justices uphold entirety of ruling over commission paid to brokers

The Guardian - UK · Jul 25, 2025

‘It’s all a game’ to some politicians, says Labour MP suspended for rebellion over planning bill

Chris Hinchliff says language used is indicative of ‘private schoolboy drinking club’ culture within government

The Guardian - UK · Jul 25, 2025

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Evening Standard · Jul 24, 2025

Rachel Reeves to pledge £66m for key Scottish transport projects

The Chancellor will announce the funding during a visit to Paisley on Friday.

The Independent UK · Jul 24, 2025

The five-day doctors’ strike will only do harm

THE INDEPENDENT VIEW: Editorial: The medical staff demanding a 29 per cent pay increase should ask themselves if the misery that their industrial action will cause is worth it. They are gambling with the future of the health service they profess to love – they should go back to work

Evening Standard · Jul 24, 2025

Lloyds boss warns Reeves against raising bank taxes amid growth mission

Charlie Nunn said such increases would not be ‘consistent’ with the Government’s plans.

The Guardian - UK · Jul 24, 2025

Lloyds boss warns Reeves against hiking taxes on banks as profits rise 17%

Charlie Nunn says higher taxation would be inconsistent with chancellor’s drive for growth

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The Independent UK · Jul 23, 2025

Minimum level of retirement income needed to prevent surge in pensioner poverty, MPs warn

Labour minister Liz Kendall has warned of a ‘tsunami in pensioner poverty’ and opened the door to a rise in the state retirement age

Evening Standard · Jul 23, 2025

UK-wide strategy needed to tackle pensioner poverty, says committee

A minimum level of retirement income should be set, with a strategy for everyone to reach that level, the Work and Pensions Committee said.

The Independent UK · Jul 23, 2025

Starmer set to unleash billions of investment into UK as he signs India trade deal

Prime minister and his Indian counterpart Narendra Modi are set to put their signatures on a trade deal

The Independent UK · Jul 23, 2025

Keir Starmer and Narendra Modi set to sign Britain-India trade deal

The agreement will see tariffs on an array of British goods reduced from an average of 15% to 3%.

Evening Standard · Jul 23, 2025

Keir Starmer and Narendra Modi set to agree £6 billion Britain-India trade deal as Indian PM visits UK

The agreement will see tariffs on an array of British goods reduced from an average of 15% to 3%

The Guardian - UK · Jul 23, 2025

Help wanted: Reeves seeks heavyweight economic advisers as budget looms

Chancellor under pressure to recruit new experts as John Van Reenen and Anna Valero return to academia

The Independent UK · Jul 23, 2025

Brexit has left City of London’s reputation at risk, Goldman Sachs chief warns

David Solomon warned Goldman Sachs is turning its attention towards the continent

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