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The Latest Breaking News from Rachel Reeves

Reeves to reveal biggest UK spending cuts since austerity in spring statement

Labour MPs uneasy as chancellor prepares even deeper reductions that economists say will harm key services

The Guardian - UK

Chancellor tells National Wealth Fund to back ‘higher risk’ projects

Rachel Reeves said she hopes the wealth fund, which was set up last year, will unlock £70 billion in private investment in the UK.

Evening Standard

‘My farm makes me just £50 a week – Labour’s scrapping of £1bn subsidy scheme will be devastating’

As Labour closes the sustainable farming incentive (SFI) for new applications, the party faces a backlash from farmers who say the decision will further put the country’s food security at risk

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

New freeze on income tax thresholds in 'emergency Budget' not ruled out by Keir Starmer

Tory leader Kemi Badenoch challenged the PM on tax ahead of next week’s Spring Statement

Evening Standard

Starmer fails to repeat commitment not to extend freeze on income tax

In the autumn budget, Rachel Reeves decided not to extend the freeze on the thresholds at which people start to pay different rates of income tax.

Evening Standard

Rachel Reeves' Bold Plan to Cut Jobless Rates Backfires Due to Her Own Mistake

There’s a major flaw in Chancellor Rachel Reeves’ plan to push people off benefits and into work—how can they get jobs if there aren’t any?

The Fashion Central

How much tax do I pay on dividends and should I pay my salary through them?

Self-employed business owners can mix and match to suit their need - and investors should know what they’ll pay on dividends too

The Independent UK

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Millions Face £1,200 Benefit Cut as Rachel Reeves Pushes ‘Brutal’ Welfare Overhaul

Millions of disabled and long-term sick claimants could see their benefits slashed by as much as £1,200 a year as Rachel Reeves pushes ahead with major welfare cuts.

The Fashion Central

Call it a defence levy or even a patriot tax – but Labour is going to have to raise taxes, fast

The world has shifted and defence spending has to rise. But time is running out for the government to make a case for it, says Guardian columnist Gaby Hinsliff

The Guardian - UK

I believe Labour cares about those in need, but it must show that. It can’t go on like this

Every Labour government improves the lives of those with the least. But the framing and the targeting of these cuts is wrong, says Guardian columnist Polly Toynbee

The Guardian - UK

Rachel Reeves Unleashes Bold Plan to Slash Red Tape and Supercharge UK Economy

Chancellor Rachel Reeves is summoning regulators for a meeting on Monday as the government pushes ahead with plans to cut bureaucracy.

The Fashion Central

What the papers say – March 18

Sir Keir Starmer’s plans to cut disability benefits continue to dominate Tuesday’s headlines.

The Independent UK

Keir Starmer to unveil drastic disability benefit cuts despite opposition

Changes could deny benefits to people who need help to wash or to remember to go to the toilet

The Guardian - UK

Sick and disabled face being stripped of £1,200 a year each in welfare benefits as Reeves tries to balance Budget

As the OECD downgraded British growth forecasts, chancellor Rachel Reeves is still arguing over details of benefits cuts ahead of a major statement in the Commons

The Independent UK

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The Guardian - UK

Rachel Reeves is causing confusion on competition policy. What does she want?

Is the chancellor just tweaking, or is she rewriting the definition of ‘anti-competitive’ under consumer’s noses?

The Guardian - UK

UK regulators to face twice-yearly reviews as Reeves vows to slash red tape

Chancellor tells watchdogs she wants to cut down on overlapping regulation

Evening Standard

Mike Amesbury writes to Chancellor to formally resign as MP

The former Labour MP was given a 10-week prison term after punching a constituent, which was reduced to a suspended sentence after an appeal

The National (Scotland)

Labour warned austerity plans are 'ramping up risk of recession'

Chancellor Rachel Reeves is "ramping up the risk of recession" with plans to impose a new era of Labour austerity, the SNP have said ...

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Evening Standard

Rachel Reeves is about to kill off the night out

Either Rachel Reeves hasn’t realised she is about to wreak havoc on an industry, or she has — but perhaps doesn’t think it matters, says David Ellis

The Fashion Central

Rachel Reeves Faces Fury as Critics Warn Disability Benefit Cuts Could Cost Lives

Chancellor Rachel Reeves is facing fierce backlash after warnings that cutting disability benefits could have devastating consequences.

Evening Standard

How many people get benefits now and how does the total compare with 20 years ago?

With possible welfare cuts up for debate in the House of Commons today (July 1), here’s a look at how benefits have changed over the years.

The Guardian - UK

Former Bank of England deputy warns Rachel Reeves against kneejerk cuts

Charlie Bean says OBR forecasts are ‘flaky’ and cautions against trying to hit targets five years away

Evening Standard

What could the Government’s plans to ‘cut red tape’ mean for households?

The Government is aiming to reduce duplication by different bodies and help drive economic growth.

Evening Standard

Hospitality braced for bloodbath as Rachel Reeves’s tax timebomb finally explodes

Restaurateurs are having to make exceptionally tough choices if they are to survive the rest of 2025

Evening Standard

‘Too much bureaucracy’, Reeves warns regulators amid reform drive

The Chancellor told watchdog chiefs on Monday morning she wanted to reduce duplication by regulators.

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