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The Latest Breaking News from Rachel Reeves

Chancellor to set out action as surging prices spark profiteering fears

Rachel Reeves will make a statement to MPs on Tuesday.

Evening Standard

A war and maybe an unprecedented depression: it’s Trump’s mania, but now all of us will pay the price

It has been possible to observe this presidency in abstract terms, but no more. The consequences of the Iran attack will affect our lives and our politics, says Guardian columnist Polly Toynbee

The Guardian - UK

Markets swing by trillions on Trump's 'productive talks' update on Iran war

But Iran’s Parliament Speaker accuses Trump of ‘fake news’ created to ‘manipulate’ the markets - as he denies talks took place

Evening Standard

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Northern Ireland Executive will continue to push for energy supports – minister

Stormont Economy Minister Caoimhe Archibald said the £17 million in supports for Northern Ireland was ‘clearly inadequate’.

Evening Standard

Politics latest: Starmer warns there may not be ‘quick and early end’ to US-Iran war ahead of Cobra meeting

Prime minister warned his team not to fall into ‘false comfort’ of thinking as Middle East conflict could be lengthy

The Independent UK

Should you trust financial influencers?

LET’S UNPACK THAT : Social media is awash with creators telling you where and how to invest your money. As the stock market wobbles at the same time Rachel Reeves is encouraging savers to invest in shares, Lydia Spencer-Elliott explores who to trust – and how to spot the red…

The Independent UK

Armageddon April: London hospitality braces for a perfect storm

Businesses are already struggling — but Tube strikes and the Iran war could tip many over the edge

Evening Standard

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Student debt eats away home deposit savings to tune of £2,000 a year, says Barclays

Repayments also affect financial stability of nearly half of graduates, according to report by UK bank

The Guardian - UK

Brexit 2.0? Why the UK Is Reaching Breaking Point Amid Immigration, Economic Strain and Political Division

Tensions rise in the UK as Angela Rayner criticises immigration plans, a border chief resigns and Keir Starmer faces calls to rethink Brexit-era red lines.

International Business Times UK

Trump’s economic shocks are derailing Britain’s building plans

With major developments collapsing, pressure is growing on councils to concede on affordable housing and public amenities

The Guardian - UK

Fears of fresh tax raid as Reeves addresses economic shock

IN FULL

The Independent UK

Reeves warned not to raise taxes to protect UK from Iran war economic shock

Labour chancellor facing pressure to help families, without breaking the bank

The Independent UK

Anger grows among UK ministers amid fears Iran war could jeopardise Britain’s fragile finances

Some in cabinet in despair over possible impact of war begun by Donald Trump, who branded Nato allies ‘cowards’

The Guardian - UK

‘We need to think much bigger’: trade minister calls for greater ambition in UK-EU reset

Exclusive: Chris Bryant says policy agreements are being done in bits and pieces but a greater vision is needed by both sides

The Guardian - UK

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Evening Standard

'Carry on as normal,' Starmer tells Britain as Trump's Iran war triggers oil crisis rocking economies

The Prime Minister sought to reassure millions of households amid a new warning that energy bills could rise by more than £300

International Business Times UK

Bonnie Blue's Economic 'Hot Take': The Truth Behind Her Scathing Message to Keir Starmer

Bonnie Blue delivers a sizzling 14-word dismissal of the UK's economic woes and a bold invitation for Keir Starmer to 'join the queue' in balaclava, blending personal scandal with pointed political satire in this Daily Star exclusive.

Evening Standard

Gilt sell off deepens after worse than expected public finance data

Yields on 10-year UK government bonds surged above 4.9% at one stage on Friday, hitting their highest level for 18 years.

The Guardian - UK

UK borrowing costs hit highest since 2008 as markets expect up to three interest rate rises

Deficit rises unexpectedly to £14.3bn in February as stock markets slide amid fears that Iran war will escalate

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The Guardian - UK

Chess: Scotland’s Freddy Waldhausen Gordon, 15, routs the English in British Rapidplay

The teenager defeated the tournament favourite, Gawain Maroroa Jones, in the final round to secure victory by half a point

The Independent UK

How Trump’s Iran war could derail the economy – and the Labour government

POLITICS EXPLAINED: If the bombing of energy infrastructure continues, Rachel Reeves could be left with another crisis just as the public finances were about to turn a corner, as Sean O’Grady explains

The Independent UK

Sadiq Khan calls on Labour to reverse Brexit and rejoin EU at next election

The intervention comes after Starmer’s chief negotiator on the EU reset said that the UK will never rejoin the block

The Guardian - UK

Sadiq Khan urges Labour to campaign on rejoining EU at next election

Mayor of London says returning to EU now more desirable because of economic instability caused by Donald Trump

The Guardian - UK

The Guardian view on Rachel Reeves and the EU: the right ambition is held back by outdated red lines

Editorial: The chancellor makes a compelling case for alignment with the EU, but her strategic analysis isn’t matched with political urgency in Downing Street

The Guardian - UK

Reeves’s speech had a giant hole: the sky-high cost of energy for industry

Businesses say the chancellor’s response to the problem is too timid and more radical thinking is needed

Evening Standard

Britain should rejoin EU, says Sadiq Khan sparking new 'Brexit wars' row

The capital’s economy is £30 billion smaller than if the UK had stayed in the EU, says the London Mayor

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