The Latest Breaking News from Rachel Reeves

Saving expert suggested 'guidance' for young savers instead of limit

Once again the capital did not get a single mention in the Chancellor’s speech

Labour MPs welcome scrapping of two-child benefit cap but worry about hefty future tax increases on constituents

The move follows increasing anger from customers and consumer groups over rising mobile and broadband tariffs.

Rachel Reeves’s budget was seen as a “make or break” moment for the chancellor and the government, which is suffering from low approval ratings and rapidly fading public confidence. At the same time, threats of a leadership challenge and the impending May elections mean Keir Starmer has a tricky path…

This is the day when politicians and amateur commentators talk more doggybollox than on any other day of the year

One in four homes which will pay the property surcharge are in just three London boroughs; Kensington and Chelsea, Westminster and Camden

Paddy Power owner Flutter and other betting and gaming firms say higher online gambling taxes will hit profits hard

But the Scottish First Minster said he will instead use the £155 million to further act to reduce child poverty in Scotland.

The Prime Minister rejected claims the scrapping of the two-child cap had been announced to shore up his own position.

Under Rachel Reeves’ new “mansion tax”, owners of properties worth more than £2 million will need to pay an annual surcharge on their homes. But what does a £2 million property look like in London today?