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The Latest Breaking News from Rachel Reeves

What the papers say – April 2

Donald Trump’s tariff crackdown and its potential impact on the UK lead Wednesday’s front pages.

Evening Standard

Starmer and Reeves face grilling as Trump prepares ‘liberation day’ tariffs

Economists have warned US tariffs could wipe out the Chancellor’s ‘headroom’ against her debt rules, requiring more cuts or tax rises.

Evening Standard

Westminster decisions ‘risk serious social and economic damage’, says Robison

The Finance Secretary said the Scottish Government would push UK ministers to ‘change course’.

Evening Standard

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Trump Tariffs Could Hit UK Hard as Starmer Admits

The Fashion Central

How might Trump tariffs affect UK business on ‘Liberation Day’?

Analysis: Sweeping changes set to affect the UK and ultimately large parts of the world

The Independent UK

Britain braced for worst from Donald Trump’s ‘Liberation Day’ trade war

Goldman Sachs analysts expected Britain’s GDP to suffer a greater hit than previously feared even if a UK trade deal were agreed, due to “larger negative spillovers” from tariffs levied against the European Union

The Independent UK

‘Awful April’ bills rise will push people to poverty, homelessness and foodbanks, charities warn

Increasing cost of bills ranging from gas, electricity, water and council tax has left many ‘dangerously exposed’

The Independent UK

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Children challenge government in High Court over 'unprecedented' VAT hike on private schools

The Government is fighting a judicial review over its controversial policy to make private schools pay VAT on fees

Evening Standard

Watch in full: Economists grilled on Rachel Reeves’s spring statement as millions brace for bill rises (cloned)

Watch as UK economists appear before parliament's Treasury Committee on Tuesday, 1 April, to answer questions about Rachel Reeves's spring statement.

The Independent UK

Trump tariffs will damage UK economy, Reeves tells Cabinet

Rachel Reeves and Sir Keir Starmer discussed the looming tariffs at Tuesday’s Cabinet meeting.

Evening Standard

UK housebuilders ‘very bad’ at building houses, says wildlife charity CEO

Land speculation to blame for lack of progress amid Labour drive to build 1.5m new homes, says Wildlife Trusts head

The Guardian - UK

Today Labour brings in higher wages, because we know we must put money back in working people’s pockets

Our opponents dismiss this move, but we believe people deserve a decent day’s pay for a decent day’s work, says the chancellor of the exchequer, Rachel Reeves

The Guardian - UK

Starmer: Cost of living crisis ongoing despite wage rises

Prime Minister Sir Keir Starmer acknowledged the pressures facing household finances despite the increase in the national living wage.

Evening Standard

Scottish firms braced for Donald Trump tariffs after Keir Starmer admits UK to be hit

SCOTTISH firms look set to be hit by Donald Trump’s tariffs after Downing Street acknowledged the UK was unlikely to be spared ...

The National (Scotland)

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The Guardian - UK

‘It’s relentless’: Britons react to April bill rises amid Labour’s benefit cuts

Increases in council tax, energy and water come less than week after Rachel Reeves revealed raft of cuts to welfare

The Independent UK

National living wage rise kicks in as households brace for tax and bill hikes

The wage increase coincides with hikes to council tax, employer national insurance contributions and household bills.

The Fashion Central

BBC Breakfast Showdown: Labour Minister Silenced in On-Air Clash

BBC Breakfast's Nina Warhurst had a tense exchange with Labour's Chief Secretary to the Treasury James Murray as they debated welfare cuts.

The Guardian - UK

Labour has sidelined essential green policies

Letters: Caroline Lucas thinks advancing the climate and nature bill is vital, while Colin Hines and Alison Downes say an expanded warm homes plan could generate jobs

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The Independent UK

What the government must do to develop ‘investing culture’ they want

BRITISH INVESTORS: Numbers of investors in the UK public have significantly dropped - so what needs to be done to turn it around again, asks Karl Matchett?

Evening Standard

Stamp duty tax: how much do homebuyers have to pay now?

London first-time buyers must now pay an additional £11,250 in stamp duty for £500,000-plus homes

Evening Standard

UK braced for Trump tariffs as No 10 acknowledges exports unlikely to be spared

Downing Street said ‘we would expect the UK to be impacted by alongside other countries’ when Donald Trump sets out his import tax plans.

The Guardian - UK

Will bills continue to rise and what does it mean for Labour?

February’s dip in inflation was only a blip – the pain for consumers and the UK economy is poised to continue

The Fashion Central

Farage warns Brits will pay for Labour’s £1 billion Tax Black Hole

Labour’s controversial clampdown on wealthy foreign residents is triggering alarm bells across the UK economy

The Guardian - UK

Labour’s historic attack on disabled people is already wrecking lives. Just ask Kevin

The anxiety and horror of these sweeping cuts are a matter of deliberate policy. How did the party of Bevan come to this, asks Guardian columnist John Harris

The Guardian - UK

Planning changes offer a bright spot for Rachel Reeves – but grey areas exist

OBR’s verdict of a long-term 0.4% boost to GDP from fewer building restrictions will have real political impact but there are gaps in funding

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