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The Latest Breaking News from Rachel Reeves

Rachel Reeves says £20,000 annual Isa limit will stay

Ms Reeves said she is ‘not going to reduce the limit of what people can put into an Isa but I do want people to get better returns on their savings’.

The Independent UK

Rachel Reeves U-turns on plan to cut Isa limit to £4,000

The chancellor will not drop the £20,000 per person limit currently allowed

The Independent UK

Reeves says Gulf trade pact is Government’s ‘next deal’ after EU summit

Evening Standard

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UK ‘may need 92,000 extra public workers if fall in productivity continues to 2030’

Report suggests Rachel Reeves could be forced to spend £5.1bn if last year’s downward trend continues

The Guardian - UK

A Labour lost in the weeds can’t rebuild this country. Starmer must regain his nerve

Labour has good ideas and years left to change Britain. Why is it acting as if its time is almost up, asks Guardian columnist John Harris

The Guardian - UK

Bank of England should promise lower interest rates – and see off Nigel Farage

Rate-setters would fuel growth by clarifying policy and bringing rates low enough to encourage investment

The Guardian - UK

No 10 actively investigating winter fuel payment changes as fears grow over voter anger

Keir Starmer did not deny a rethink of benefit cut to 10 million pensioners blamed for Labour’s electoral losses

The Guardian - UK

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Lib Dems claim deeper trade deal with EU would raise £25bn of tax revenue

Deal that stops short of joining customs union or single market could pay for reversing benefit cuts, party says

The Guardian - UK

Reeves faces anger from her local party over plans to cut disability benefits

Labour members from Leeds West and Pudsey to write letter to chancellor over plans to reduce Pip payments

The Guardian - UK

OPINION - In the silent race for the Labour leadership, Angela Rayner is emerging as the Heineken candidate

There was a telling moment at last week’s PMQs. After Keir Starmer declared that Plaid Cymru leader Liz Saville Roberts was talking “rubbish” – she asked if there was any belief that he held for more than a week – Rachel Reeves roared with laughter. But Angela Rayner, sat by…

Evening Standard

Rachel Reeves faces call from her local Labour party to abandon welfare cuts

In its motion opposing the plans, the Leeds West and Pudsey CLP said disabled people ‘are not responsible for the state of the national finances’.

The Independent UK

Starmer signals youth mobility scheme with EU would not cross red line

Prime Minister Sir Keir Starmer said ‘youth mobility is not freedom of movement’ ahead of a UK-EU summit in London on Monday.

Evening Standard

Starmer gives new hope for EU youth mobility scheme ahead of Brexit reset: ‘It is not freedom of movement’

Sir Keir Starmer has suggested youth mobility would not break Labour’s red lines, ahead of a UK-EU summit in London on Monday

The Independent UK

Talks over winter fuel payment U-turn ‘intensify’ as Labour bids to repair relationship with voters

Prime minister Keir Starmer under pressure as focus groups tell government they might not bear a grudge if there is a reversal of the chancellor Rachel Reeves’s cuts

The Independent UK

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The Guardian - UK

UK-EU summit will be step on path to better relations, says Rachel Reeves

Chancellor tells Guardian that UK will retain red lines such as no free movement but ‘there will be future areas where we can do more’

The Fashion Central

Keir Starmer Misses Own Vote on Migrant Crackdown

Keir Starmer and several top Labour figures were noticeably absent from a key vote on their own flagship immigration plan.

The Fashion Central

Nick Knowles’ Fiancée Katie Parties Hard in Wild ‘Last Fling Before the Ring’ Bash

Nick Knowles’ fiancée Katie Dadzie looked like she was having an absolute blast as she celebrated her hen do ahead of tying the knot with the DIY SOS star.

The Independent UK

Record fall in billionaires living in UK after Labour’s non-dom tax crackdown

It is the steepest decline in the Rich List’s 37-year history

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The Fashion Central

Rachel Reeves’ £50bn Pension Plan Sparks Fears of Another Miners’ Fund Scandal

If you're in your 20s, pensions might not be on your radar just yet. In your 30s and 40s, you might glance at the odd update from your provider.

Evening Standard

UK sees big fall in billionaires after non-dom tax crackdown, Rich List shows

The annual list of Britain’s wealthiest people was once again topped by the Hinduja family, who are worth more than £35 billion.

The Guardian - UK

Wealthy Britons avoiding more tax than previously thought, spending watchdog says

NAO says tax gap for rich individuals may be much more than £1.9bn and urges ministers to redouble efforts

The Guardian - UK

Delay farmer inheritance tax changes ‘to allow for better formulation’, say MPs

Report says proposals ‘threaten to affect most vulnerable’, who would be helped by more time to seek advice

The Guardian - UK

Starmer digs himself into a hole in Tirana while Tories froth about a flag

Keir was supposed to be here for a deal on an asylum returns hub but his towering host had a surprise in store

The Independent UK

FTSE 100 climbs after UK economy grows faster than expected

Chancellor Rachel Reeves said the first quarter growth shows ‘the strength and potential of the UK economy’, as markets rose on Thursday.

The Independent UK

Average private school fees increase following government’s VAT rise

Chancellor Rachel Reeves said applying VAT to private school fees would help ‘provide the highest quality of support and teaching’ in the state sector

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