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The Latest Breaking News from Rachel Reeves

Radical Reeves? The chancellor’s mansion tax is a small but brave step forward

The high-value council tax surcharge may only raise £400m but it’s the best opportunity for a bigger, fairer tax on wealth

The Guardian - UK

Treasury accused of giving ‘deliberately false and misleading’ pre-Budget briefings

IN FULL

The Independent UK

Calls to investigate claims Treasury misled the public

The Treasury has been accused of giving ‘deliberately false and misleading’ briefings ahead of the Budget

The Independent UK

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Watchdog urged to investigate pre-Budget briefing over deficit claims

SNP Westminster leader Stephen Flynn described the Budget as ‘built on a lie’.

Evening Standard

‘This country is a mess and Reeves’s Budget made things even worse – I won’t vote for Labour again’

BUDGET 2025: Labour will need the Budget to go down well with swing voters in areas such as Sheerness and Kensington if the party is to stand a chance of holding onto power at the next general election. Dan Haygarth and Hebe Campbell spoke to locals to see if they…

The Independent UK

Cuts to insulation scheme will leave homes cold over winter, experts say

E3G thinktank warns retrofit sector could shed 10,000 skilled jobs as small firms struggle to survive

The Guardian - UK

Rachel Reeves faces calls to quit after watchdog contradicts her £30bn ‘black hole’ warning

The Chancellor faces cross-party anger after revelations that the UK’s supposed £30bn fiscal gap was actually just £2.5bn, fuelling claims she misled voters to justify tax rises

Evening Standard

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National debt crisis will be averted by governments 'mobilizing and encouraging' private wealth to fill their budget holes, says UBS

"Governments have long mobilized private wealth to support public finances. There are several approaches," UBS chief economist, Paul Donovan, outlined in a recent call.

Fortune

How Motability cuts went from a rightwing online campaign to Rachel Reeves’s budget

Car lease scheme for people with mobility problems portrayed as ‘free’ but is funded by benefits and their own contributions

The Guardian - UK

Don’t worry, Rachel Reeves – you’re not the only one with embarrassing relatives

IN FOCUS: Rachel Reeves’ Budget week from hell has just got worse, as her own uncle Terry has publicly criticised her policies. But she’s far from the only public figure with an embarrassingly vocal family member, as Katie Rosseinsky discovers

The Independent UK

Reeves defends Budget tax and spending choices as ‘fair and necessary’

The Chancellor she had made choices to increase taxes and improve public infrastructure, and had ‘chosen to protect public spending’.

Evening Standard

Reeves defends £26bn tax raid after Budget backlash as watchdog urged to investigate ‘false briefings’

The chancellor doubled down on her tax hikes, saying she wasn’t willing to cut public services

The Independent UK

Higher business taxes to cost pub sector £150m and threaten jobs – analysis

Firms will end up paying more despite business rates being lowered in the Budget, industry bosses are warning.

Evening Standard

Flynn warns foundations of UK ‘can’t and won’t be fixed’ as SNP eyes indyref2

The SNP Westminster leader has urged Scots to back his party at next year’s election.

Evening Standard

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Evening Standard

No 10 denies Reeves 'lied to public about £21bn black hole' before budget

Conservative leader Kemi Badenoch claimed the Chancellor ‘lied to the public’ and was ‘bribing Labour MPs to save her own skin’

The Independent UK

Starmer’s employment rights U-turn is a sharp move few will cheer him for

THE INDEPENDENT VIEW: Editorial: The six-month qualifying period for protection from unfair dismissal is a step in the right direction, which should have been taken long ago – but this dangerous habit of breaking manifesto pledges is compounding a crisis of trust in politics

The Guardian - UK

Woman jailed for harassing Rachel Reeves’s MP sister

Tracey Smith sent the government minister and MP Ellie Reeves 22 emails and 10 voicemails

The Guardian - UK

People deriving income solely from state pension won’t be taxed, says chancellor

Clarification creates prospect of two-tier system for retirees solely on new state pension and those on private schemes

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The Independent UK

Your Party or Our Party: Your Party reveals new name options after months of indecision

Members of the fledgling party will be able to vote between the four options

The Guardian - UK

‘The City can’t be taken for granted’: how banks won over Rachel Reeves

JP Morgan and Goldman Sachs to expand UK presence after sector was spared from higher taxes in budget

The Independent UK

Reeves accused of misleading public on Budget black hole to justify £26bn tax raid

Badenoch claims chancellor ‘lied to the public’ and was ‘bribing Labour MPs to save her own skin’

The Conversation

What the budget means for the NHS

The NHS didn’t receive a great deal of specific attention in Rachel Reeves’ budget. She mentioned it, but in fairly general terms around plans to invest and cut waiting lists.

The Conversation

Polls say Starmer and Reeves are the most unpopular PM and chancellor ever – what’s a fair way to judge them?

After last year’s tax-raising budget, UK chancellor Rachel Reeves assured the public that Labour had “wiped the slate clean” and would not be coming back for more. And yet this year, the chancellor froze tax thresholds and introduced several other tax-raising measures in a budget that was called “brutal” even…

The Independent UK

Woman who threatened Rachel Reeves’ sister with ‘bullets’ jailed for harassment

Tracey Smith sent her MP Ellie Reeves emails and voicemails accusing her sister, the chancellor, of physically assaulting her

Evening Standard

Pubs warn alcohol prices will rise even more as industry hit by 'brutal' Budget

A slew of price increases are hitting pubs after Rachel Reeves’ budget, with many doomed to close

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