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The Latest Breaking News from Rachel Reeves

Congratulations, everyone! Starmer survives another week, and it’s only cost us £26bn

Labour can proudly say this was a budget for working people – that is, if your job happens to be prime minister, says Guardian columnist Marina Hyde

The Guardian - UK

Fury as London pubs, hotels, and shops hammered by business rates soaring by tens of thousands of pounds

Premier Inn expects its business rate bill to go up by between £40 million and £50 million a year

Evening Standard

Frasers to give glimpse into retail conditions after ‘challenging’ year

The retail group, which owns brands including Sports Direct and House of Fraser, will publish its half-year financial results on Thursday.

Evening Standard

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No 10 denies Reeves misled public over the UK's finances ahead of Budget

Conservative leader Kemi Badenoch claimed the Chancellor had ‘lied to the public’ and should be sacked

Evening Standard

No 10 denies Reeves misled over black hole as OBR letter challenges warnings

The Chancellor was told in October by the Budget watchdog that her spending plans would no longer incur a black hole.

The Independent UK

Why Rachel Reeves chose to disappoint voters with her budget

In walking the political tightrope of her own budget this week, Rachel Reeves had to broadly satisfy three critical audiences. There were her own MPs in the parliamentary Labour party, business and financial markets and, of course, voters who ultimately determine whether the Labour government is re-elected three or four…

The Conversation

Trans woman jailed for harassing minister Ellie Reeves as judge slams civil courts for enabling abuse

District Judge Michael Snow said he is ‘appalled’ at the badly organised civil courts

Evening Standard

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OBR challenges claims Reeves dropped income tax rise due to rosier forecasts

Official forecaster’s chair says chancellor knew about revised predictions well before her budget change of heart

The Guardian - UK

Woman who tried to summon her MP to court is jailed for harassment

Tracey Smith used phrases including ‘a person is dangerous when they have nothing to lose’, ‘be warned’, and ‘bullets will be flying around’.

Evening Standard

How homeowners’ plans to downsize could be impacted by Budget as mortgage rates fall

A new mansion tax and falling interest rates for mortgage deals might have older homeowners considering a move

The Independent UK

Reeves vows state pensioners won’t have to pay tax despite alarm over Budget changes

Chancellor says Treasury won’t go after ‘tiny amounts of money’ and pledges they won’t pay any tax in this parliament

The Independent UK

UK government tells telecoms to do more to protect customers

Telecoms customers must have access to all the pricing details, presented in a clearer way.

TechRadar

The Budget’s stealth tax phenomenon and how much it will cost you

Even when taxes don’t rise, your payments might as a result of what’s called fiscal drag

The Independent UK

Rachel Reeves’ uncle blasts Budget as 'worst I’ve ever heard'

His comments come as the Chancellor is accused of breaking a Labour manifesto pledge amid £26billion of tax rises

Evening Standard

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Evening Standard

Senior minister insists employment rights U-turn does not breach manifesto

Education Secretary Bridget Phillipson insisted the Employment Rights Bill remained ‘the biggest upgrade to workers’ rights in a generation’.

The Independent UK

Starmer accused of ‘complete betrayal’ by Labour backbenchers after workers’ rights U-turn

The government has found itself in a stand off with Labour backbenchers who have accused ministers of breaking a manifesto pledge

The Guardian - UK

JP Morgan boss gave go-ahead for new £3bn tower in London after UK assurances

Decision by US bank’s CEO Jamie Dimon followed trip to New York by top adviser to Keir Starmer

The Guardian - UK

No 10 dismisses claim that OBR revelations show Reeves misled public about need for tax rises in budget – UK politics live

Downing Street brushes off claims that the chancellor misled voters about the state of the public finances ahead of the budget

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Evening Standard

'Mansion tax' could wipe £150,000 off top-end homes in London targeted by Reeves Budget

One in four of the properties hit by the new surcharge are in just three London boroughs; Kensington and Chelsea, Westminster and Camden, according to the Institute for Fiscal Studies

The Independent UK

Budget questions answered: Money expert Gabriel Nussbaum on pensions, ISAs and what it means for you

ASK ME ANYTHING: Financial expert Gabriel Nussbaum (aka That Money Guy) answers your questions on the Budget’s pension changes, ISA limits, family support, and what the announcements mean for your finances

The Guardian - UK

Why Starmer’s desire to govern as ‘Mr Rules’ is bound to fail

In the face of multiple crises, disruptive technology and populism, making Britain orderly again is an impossible goal, says Guardian columnist Andy Beckett

Evening Standard

Two-child benefit cap a ‘failed social experiment’ that had to go, PM says

Ditching the cap will cost about £3 billion by the end of this Parliament, according to the Office for Budget Responsibility.

The Independent UK

Starmer calls two-child benefit cap a ‘failed social experiment’ that had to go

Scrapping the benefit cap will cost around £3 billion by the end of this Parliament, according to the OBR

The Independent UK

Is this the ‘change’ that Britain voted for?

THE INDEPENDENT VIEW: Editorial: Now that the dust has settled on the Budget, it becomes clearer that this government’s priorities are out of line with the national interest, insulting to many and corrosive to the public’s threadbare trust in politicians’ ability to deliver on promises

The Independent UK

‘Mortified’ OBR chief prepared to resign if Reeves loses confidence in him over Budget leak

Richard Hughes has written to the Chancellor and Commons Treasury Committee chair Dame Meg Hillier to apologise for the incident

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