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The Latest Breaking News from Rachel Reeves

Voices: What is the cost to the economy of Israel’s attack on Iran?

COMMENT : Oil prices jumped on the news of the extraordinary attacks, posing the risk of inflation, while gold surged and share prices fell. So far, so familiar, writes James Moore – but there’s a reason investors should hold their nerves

The Independent UK

Voices: Will Israel’s war on Iran force Keir Starmer to raise defence spending even more?

COMMENT: Despite talking of moving Britain to ‘war-fighting readiness’, the prime minister has so far resisted Nato pressure to further increase spending, writes John Rentoul

The Independent UK

Pensioners who challenged winter fuel payment decision in court lose case

Peter and Florence Fanning, from North Lanarkshire, lost their entitlement to financial support and became worried about paying their bills.

Evening Standard

From analysis to the latest developments in health,
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Labour had the chance to finally kill off HS2. Instead, it’s throwing more money into the pit

Rachel Reeves didn’t utter a word about this disaster in her spending review. Yet there’s a colossal £25bn more earmarked for it, says Guardian columnist Simon Jenkins

The Guardian - UK

Voices: ‘Tax the rich first’: Readers demand fairer burden as Reeves faces fiscal squeeze

YOUR VIEWS: Our community overwhelmingly believes that to tackle the UK’s economic challenges fairly, the wealthy must pay their share through higher taxes and reforms, while calling on the government to move beyond austerity and provide clear, responsible funding plans

The Independent UK

Asylum Hotel Era Over Rachel Reeves Confirms Deportation Strategy

Rachel Reeves has made it crystal clear that the Government will aim to deport migrants who have no legal right to remain in the UK

The Fashion Central

Ministers to offer olive branch on welfare plans to avert Labour rebellion

Exclusive: Liz Kendall pledges sick and disabled people will be protected but MPs are pushing for more substantial changes to bill

The Guardian - UK

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Keir Starmer must come to the defence of his chancellor’s spending review

THE INDEPENDENT VIEW: Editorial: In spite of Rachel Reeves’s much-vaunted increase in MoD expenditure, a rise to 2.6 per cent of GDP can only be achieved by draining the overseas aid budget, reallocating intelligence agency funds, and other sleights of hand. When the prime minister faces Nato leaders, including Donald…

The Independent UK

Does Labour’s spending review signal a return to austerity?

Rachel Reeves is increasing overall budgets after deep Tory cuts, but some departments face bigger spending cuts than others

The Guardian - UK

SNP slam UK Government as £2.5 billion GB Energy funding raid revealed

THE SNP have hit out at the UK Government after it was revealed that Rachel Reeves has effectively cut £2.5 billion of GB Energy funding ...

The National (Scotland)

Demob-happy IFS director tears into Rachel Reeves’s spending review

Blistering analysis by outgoing chief concludes chancellor likely to end up ‘gnat’s whisker’ away from tax rises

The Guardian - UK

Voices: Look away, Sir Keir! Labour’s bible has given its verdict on you

COMMENT: The New Statesman’s new editor is a critical friend of the prime minister – very critical, as it turns out, writes John Rentoul (a former deputy editor of the magazine)

The Independent UK

Government ‘putting its money where its mouth is’ with £200m for Acorn scheme

Energy Secretary Ed Miliband visited the Acorn site in Aberdeenshire as it was confirmed it would get £200 million of development funding.

Evening Standard

Ben Wallace accuses Labour of ‘conning’ public over defence spending boost claim

Concerns have been raised that the increase in defence spending pledged by Keir Starmer’s government is ‘smoke and mirrors’

The Independent UK

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The Independent UK

Tax hikes ‘almost certainly’ to come if economy worsens, IFS says

IN FULL

The Independent UK

Voices: First the spending review, now the economy – what else lies in wait for Rachel Reeves?

COMMENT: Official figures showed UK plc plunged into the red in April, contracting by 0.3 per cent. There is no sugarcoating how bad a result that is for the chancellor, writes James Moore

The National (Scotland)

'Not helpful': Top economic institute calls out Labour's Spending Review claim

SCOTLAND’S leading economic research institute has called out Labour MPs and MSPs for claims about Rachel Reeves’s Spending Review that are…

The Independent UK

Voices: Yes, ‘Renewal’ Reeves needs to raise taxes – but how will she pull it off?

COMMENT: The chancellor’s fiscal headroom is already compromised by her commitment to tackle child poverty, writes Sean O’Grady. So she needs luck – and to be more boring than ever – to raise the revenue she desperately needs

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The Independent UK

Tax hikes will come if economy shrinks any further, IFS warns Rachel Reeves

Institute for Fiscal Studies suggests Treasury is ‘making up the numbers’ as it warns council tax will rise at fastest rate in a generation

Evening Standard

Council tax bills set to rise at fastest rate for two decades, economist warns

Paul Johnson said council tax bills could rise by 5% a year following the Chancellor’s spending review

Evening Standard

Housing market recovering but ‘long way from buoyant’, housebuilder says

Crest Nicholson highlighted ‘encouraging signs emerging in the UK housing sector’.

Evening Standard

Reeves slaps down Sadiq Khan for saying Met Police will have to impose cuts after spending review

London mayor Sir Sadiq warns the capital will have fewer officers in a rare ‘red on red’ clash with the Labour chancellor

Evening Standard

UK Government ‘committed’ to Acorn carbon capture project in Scotland – minister

Kirsty McNeill said the inclusion of development funding for the scheme in the spending review shows the Government’s support for it.

The Guardian - UK

Reeves rules out disability benefit cuts U-turn but says rules may be tweaked

Chancellor says criteria for getting personal independence payment are being reviewed

The Independent UK

Rachel Reeves fails to rule out future tax rises as economy shrinks

However, the Chancellor repeated her promise that she would not need to increase taxes on the same scale as last year.

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