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The Latest Breaking News from Rachel Reeves

Reeves vows not to shy away from economic challenges amid statement criticism

The Chancellor warned there would be ‘no quick solutions’ to fix Britain’s financial woes.

Evening Standard

Ministers free up public land for thousands of new homes

Ministers will launch a new cross-Government taskforce aimed at speeding up housing development on publicly-owned land.

Evening Standard

Rachel Reeves defends freebies: ‘I’m not personally a huge Sabrina Carpenter fan, being a 46-year-old woman’

Rachel Reeves said she recognised her acceptance of free tickets to see Sabrina Carpenter in concert was “a bit odd”.

The Independent UK

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Trump announces 25% tariffs on vehicle imports in fresh blow to Reeves

The US president announced that cars and light trucks imported into the US would be subject to the levy in the latest escalation of the Trump administration’s far-reaching trade war

The Independent UK

Rachel Reeves will soon be back to squeeze us again

THE INDEPENDENT VIEW: Editorial: The case with which Labour built its general election win – that it would fix the foundations of the economy – has been left woefully exposed by the chancellor’s spring statement

The Independent UK

Reeves rejects own government’s findings of cuts pushing 250,000 into poverty

An impact assessment, published today by the Department of Work and Pensions, said 3.2 million families will lose an average of £1,720 a year as a result of the changes

The Independent UK

Rachel Reeves accused of balancing books on back of UK’s poorest

Labour is braced for a backlash from its MPs over welfare cuts called ‘appalling’ by a food bank charity

The Guardian - UK

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New spending on drones and lasers will ‘revolutionise’ UK defence, says Reeves

Chancellor says new money will help turn Britain into a ‘defence industrial superpower’

The Guardian - UK

Tax avoidance whistleblowers will earn share of HMRC proceeds, says Reeves

Chancellor promises ‘compensation’ for information on tax-dodgers, based on US model, in move to close £1bn ‘tax gap’

The Guardian - UK

Spring statement 2025: what does it mean for your finances?

OBR says average income of 3.2 million families affected by benefits cuts will drop by £1,720 a year in real terms

The Guardian - UK

The Guardian view on Labour’s plan for stability: austerity in disguise

Editorial: Rachel Reeves campaigned on a message of change, but in office offers more of the same. The public are tuning out

The Guardian - UK

Labour MPs condemn Rachel Reeves’s ‘unacceptable’ welfare cuts

Backbenchers express anger as impact assessment shows 3.2 million households will be worse off

The Guardian - UK

‘I could end up homeless’: weighing the damage after Rachel Reeves’s welfare cuts

A disabled man considers the potential impact that losing disability benefits could have on his life

The Guardian - UK

No mention of green issues by Rachel Reeves, but her silence comes as a relief

Fact that chancellor swerved climate crisis and net zero targets suggests sector has avoided the axe for now

The Guardian - UK

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Evening Standard

We’ll have to ‘turbocharge’ efficiency drive after welfare cuts – Shona Robison

The Finance Secretary said the Chancellor’s decisions amounted to ‘austerity on stilts’.

The Guardian - UK

Everything is great, nothing to see here, Rachel Reeves tells MPs

Chancellor delivers a spring statement strong on wishful thinking and light on compassion for those hit by cuts

Evening Standard

Rachel Reeves says accepting Sabrina Carpenter freebie looked ‘a bit odd’

Her comments came after Wednesday’s Spring Statement.

Evening Standard

What changes were made to welfare reforms in the spring statement?

Rachel Reeves announced some adjustments to key plans for benefits announced last week.

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Evening Standard

Ban on outdoor smoking in hospitality settings not being considered – minister

Smoking outside schools, children’s playgrounds and hospitals will be prohibited under the Tobacco and Vapes Bill.

The Independent UK

Rachel Reeves hikes fines for paying tax returns late

About 1.1 million people missed the deadline to file their self-assessment tax return in 2024, according to HMRC.

The Guardian - UK

Reform of cash Isas is still on the agenda. Quite right, too

Cap on cash within £20,000-a-year personal allowance to encourage investment in equities could send billions flowing to UK stock market

Evening Standard

Rachel Reeves clings on for dear life, but if this spring statement doesn’t work she’ll be out

Far from becoming better any time soon, it looks like things can only get worse

Evening Standard

Spring statement 2025: Graphs reveal economic impact of Rachel Reeves' plans

GDP and productivity are not likely to grow at the pace that ministers had hoped

The Independent UK

Further tax hikes likely in autumn despite spending cuts, say economists

It came as the Government’s official forecaster cautioned that there was a ‘significant risk’ around meeting fiscal rules.

The Independent UK

Spring statement will lead to six months of ‘damaging speculation’, IFS warns

The Institute for Fiscal Studies said Rachel Reeves’ adherence to fiscal rules will lead to speculation about tax hikes in the autumn budget.

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