The Latest Breaking News from Rachel Reeves

Reeves unveils City strategy aimed at cutting red tape and fuelling UK growth

‘Leeds Reforms’ include streamlined accountability for senior bankers and a campaign to get more consumers investing in stock market

The Guardian - UK · Jul 15, 2025

Biggest financial reforms ‘in a decade’ to bring risk-taking back into City

Changes include reforming the bank ring-fencing regime and reducing burdensome regulation in the City.

Evening Standard · Jul 15, 2025

FTSE 100 touches above 9,000 for the first time

The FTSE 100 Index briefly rose above the record high, hitting 9,016.98 at one stage in morning trading on Tuesday.

Evening Standard · Jul 15, 2025

36,000 new mortgages for first-time buyers: What it means for you

New mortgage rules could help up to 36,000 first-time buyers get on the property ladder. Find out if your £30K salary qualifies you for a loan…

The National (Scotland) · Jul 15, 2025

Bank of England to ease rules for smaller and mid-sized banks

The Bank also said it will push ahead with the majority of new capital rules at the start of 2027 but will delay part of the proposals.

Evening Standard · Jul 15, 2025

Business news live: FTSE 100 hits record milestone, Reeves to address mortgages and pensions in speech

Stock markets updates, plus business and money news on Tuesday

The Independent UK · Jul 15, 2025

Rachel Reeves set to bet the house on economic growth by loosening mortgage rules

The chancellor is set to rip up many of the rules brought in after the 2008 financial crash to encourage investors and businesses to take risks again and open up the housing market to thousands more first-time buyers

The Independent UK · Jul 14, 2025

Reeves to say cuts to City red tape will bring trickle-down benefits to households

Chancellor to announce raft of deregulation changes as City regulators move to pare back transparency rules

The Guardian - UK · Jul 14, 2025

Asylum costs set to take up fifth of UK’s shrunken aid budget, watchdog warns

The Government slashed the UK’s aid budget from 0.5% of gross national income to 0.3% in order to pay for increased defence spending.

The Independent UK · Jul 14, 2025

UK cuts stock market red tape in bid to aid Chancellor’s growth plans

The FCA said UK firms will be able to raise cash and list on London stock markets more quickly and easily.

Evening Standard · Jul 14, 2025