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The Latest Breaking News from Rachel Reeves

‘Naive and arrogant’: Why a wealth tax in the UK would fail, according to experts

The UK government needs to raise funds – but experts say trying to take more from the rich simply won’t work

The Independent UK

Voices: It’s time football clubs paid the price of policing matches

COMMENT: The head of the Met is is right that taxpayers shouldn’t be paying the £70m-a-year cost of match-day policing, says Chris Blackhurst – the filthy-rich Premier League clubs and their billionaire owners should be footing the bill

The Independent UK

Government could help City firms fund defence industry – taskforce report

Ministers have been urged to produce a 10-year outlook revealing their intentions for equipment procurement.

Evening Standard

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OBR: Vulnerable UK faces 'daunting' threats to stability of public finances after welfare climbdown

Successive governments’ efforts to put the UK public finances have met with only “limited and temporary success” says watchdog

Evening Standard

UK public finances on ‘unsustainable’ path amid growing climate, debt and pension costs

Office for Budget Responsibility warns national debt on course to hit 270% of GDP by 2070 amid volatility

The Guardian - UK

Starmer’s U-turns leave UK economy ‘vulnerable’ warns OBR

The Office for Budget Responsibility’s warning piles fresh pressure on Rachel Reeves ahead of the autumn Budget

The Independent UK

Billionaire Labour backer John Caudwell says he's 'increasingly nervous' about Starmer - as he hits out at 'destructive' wealth tax

John Caudwell has warned that a wealth tax would be ‘very destructive’ to growth

Evening Standard

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To those who question what Labour stands for – look at Best Start. It will change Britain’s future

Sure Start was New Labour’s finest achievement, and the Tories destroyed it. Now it’s back with a mission to put children at the heart of everything, says Guardian columnist Polly Toynbee

The Guardian - UK

Before the government overhauls special educational needs, lessons must be learnt

THE INDEPENDENT VIEW: Editorial: The welfare reform bill fiasco has made rethinking education, health and care plans infinitely more difficult. Any reforms must clearly be for the benefit of the recipients – not driven by the Treasury’s need to make savings

The Independent UK

Flight of the non-doms: how worried should Labour be about the super-rich leaving the UK?

Reports say wealthy elite are leaving over tax changes – prompting a possible rethink by Rachel Reeves – but hard data is tricky to find

The Guardian - UK

Voices: The bottom line? Britain simply can’t afford to impose a wealth tax

COMMENT: As battle lines are drawn within Labour over taxing the super-rich, Chris Blackhurst says that the government must resist Lord Kinnock's siren call to take a 2 per cent slice of asset values above £10 million – because the country's economic prosperity depends on it

The Independent UK

A wealth tax which would hit London hard is up to Chancellor Rachel Reeves, says minister

The Government is not ruling out new tax rises after a Labour revolt over welfare reforms blew a £5 billion hole in the Treasury’s spending plans

Evening Standard

‘We’ve made progress’: environment secretary is upbeat despite Labour’s struggles

Steve Reed says changes to living standards are happening and will make a big difference to trust in government

The Guardian - UK

Starmer’s approval ratings at lowest level since becoming PM after welfare chaos

A More in Common poll also found seven in 10 voters think Sir Keir’s government is at least as chaotic as the Tories’ previous term

The Independent UK

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The Independent UK

Welfare U-turn makes spending decisions harder, Bridget Phillipson admits

A change in the two-child benefit cap is now less likely

Evening Standard

Conservatives will look to amend Government welfare Bill

Kemi Badenoch will pledge that the Tories are ‘now the only party committed to serious welfare reform’.

The Independent UK

Rachel Reeves should be as open as possible about tax rises

THE INDEPENDENT VIEW: Editorial: The chancellor ought to take citizens into her confidence as she ponders her Budget choices. Rachel Reeves needs to explain the trade-offs behind the difficult decisions that she is about to make, if she wants people to support them

The Independent UK

David Lammy deploys army of top diplomats to kickstart economic growth and combat impact of Trump tariffs

Exclusive: With a failure to deliver economic growth leaving an estimated £18bn in Rachel Reeves’s budget, the use of senior diplomats to bolster engagement with business is just the latest part of a strategy to turn things around

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The Independent UK

Raise taxes or this government will fail, Rachel Reeves’s former top adviser warns

Exclusive: Jim O’Neill warns that the chancellor will have to raise income tax, national insurance or VAT to fill the £5bn black hole left by the welfare climbdown

The Independent UK

Reform UK under fire for putting teenagers in charge of vital public services

Party has put youngsters in charge of hundreds of millions of pounds of spending at local authorities

The Independent UK

What we know about Rachel Reeves’ planned workplace pensions review

IN FULL

The Independent UK

Reform MP James McMurdock resigns whip over allegations of business impropriety

The MP said he resigned the Reform whip to protect the party but has denied any wrongdoing

The Independent UK

Rachel Reeves to announce review of workplace pensions contributions — here’s what it could mean

The chancellor will use her Mansion House speech to announce the overhaul

The Independent UK

The leadership rumours inside Labour that speak volumes about Starmer’s future

NEWS ANALYSIS: Voters are unconvinced they have seen much change after the ‘14 years of Tory failure’ that Starmer so often talks about. Every day that this sentiment is allowed to fester, the likelihood of a coup within the Labour Party increases, writes Millie Cooke

The Independent UK

Ukraine says it hit Russian airbase following huge drone strike

Ukraine said Saturday it struck a Russian airbase in the Voronezh region

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