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The Latest Breaking News from Rachel Reeves

Government will ‘stretch every sinew’ to get young people into work – minister

Environment Secretary Steve Reed said one in eight young people of working age were not in employment or educational training.

Evening Standard

Labour's National Insurance rise set to prompt mass lay-offs, survey finds

HUNDREDS of thousands of businesses are planning to lay off workers due to the hike to employers' National Insurance contributions (NICs), surveys…

The National (Scotland)

Starmer braces for rebellion over welfare cuts as Labour accused of ‘pushing disabled people into poverty’

Labour backbencher warns of ‘deep, deep concern’ from colleagues over planned cuts

The Independent UK

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Business leaders urge Rachel Reeves to back Scotland's Acorn project

Business leaders in the north east have joined forces to urge the UK Government to back a major carbon capture and storage project and treat it as…

The National (Scotland)

Business leaders urge Chancellor to back carbon capture project

They said Scotland cannot afford further delays on the Acorn Carbon Capture and Storage (CCS) project.

Evening Standard

Labour MP warns against ‘draconian cuts’ ahead of expected welfare reforms

Reforms to the welfare system are expected ahead of the Spring Statement at the end of this month.

Evening Standard

Firms hold back on hiring amid ‘significant cost rises’, surveys say

KPMG/REC report shows decline in people being placed in roles continues, while unemployment is rising, says BDO

The Guardian - UK

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‘Military Keynesianism’? Reeves faces British defence dilemma after EU spending surge

Even Berlin and Brussels are bending fiscal rules in the face of Russia’s threat. Will the chancellor still stick to hers?

The Guardian - UK

More benefit cuts would risk turning drops of dissent in Labour’s ranks into a flood

The government’s forthcoming green paper on welfare reform is likely to upset even the most loyal backbenchers

The Guardian - UK

Scandal of the sick: Ill and disabled benefit claimants die waiting for vital payments

Exclusive: One man has been waiting for almost three years to receive the benefit and finally won a battle to be reassessed – but he’s still waiting

The Independent UK

Keir Starmer shares message to daughter on International Women’s Day

The Prime Minister said that he does his job for her ‘and your generation’, in a post on Instagram.

Evening Standard

Minister pledges ‘best start’ for young women on International Women’s Day

International Women’s Day is marked on March 8.

Evening Standard

Labour told benefits ‘not a lifestyle choice’ as Reeves refuses to rule out PIP cut

Chancellor Rachel Reeves is expected to cut welfare spending in her Spring Statement later this month

The Independent UK

Rachel Reeves accused of 'punching down on society's poorest' over welfare cuts

RACHEL Reeves has been accused of “punching down” on some of the poorest in society after she signalled her plans to cut the social security…

The National (Scotland)

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The Guardian - UK

‘Don’t punish the vulnerable’: Labour MPs uneasy over planned welfare cuts

Ministers say ‘unsustainable’ rise in spending must be tackled but many backbenchers fear changes will not work

The Independent UK

Voices: We cannot afford to be squeamish about Britain’s defence industry

COMMENT: As pension giants refuse to invest in fighter jets and armaments on supposedly ethical grounds, James Moore argues that it makes better financial sense for fund managers to pile in

Evening Standard

Third runway at Heathrow would 'wipe out environmental benefits from Ulez', warns Sadiq Khan

Mayor steps up opposition to Heathrow expansion as new report finds further improvement to air quality thanks to ultra-low emission zone

The Conversation

Welfare cuts won’t succeed without healthier jobs

The UK could be poised to cut billions of pounds from its welfare spend as the Treasury takes the view that there is less room for manoeuvre in the finances than hoped. Only last October, Chancellor Rachel Reeves believed she had almost £10 billion of so-called “fiscal headroom”, essentially a…

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The Guardian - UK

Military spending is touted as a remedy for Britain’s ailing economy. Here’s why it won’t work

Since the 1980s Britain’s military spending has grown in real terms, yet more than half of military jobs have been lost. The sector is hi-tech and low labour, says Khem Rogaly, a senior research fellow at the thinktank Common Wealth

Evening Standard

‘Broken’ welfare system holding people and economy back – Number 10

Downing Street said there has been an ‘unsustainable rise in welfare spending’ and reforms will be set out in ‘the coming weeks’.

The Independent UK

Cash ISA debate continues - now the UK’s first ISA millionaire backs cutting savings allowance

The current level of £20,000 allowed per person could be cut by 80 per cent

The Guardian - UK

If Britain must rearm, how to pay for it? Stiffen the sinews; summon up the taxes

It will fall to Rachel Reeves and the Treasury to fund the PM’s crisis reset. I can help with that, as can John Maynard Keynes, writes Guardian columnist Polly Toynbee

Evening Standard

Russia fires wave of missiles at Ukraine as Zelensky hopes for 'meaningful' talks with US

Russia launches latest wave of attacks as Volodymyr Zelensky confirms Ukrainian and UK officials will hold talks in Saudi Arabia next week

Evening Standard

Starmer to speak to European allies amid diplomatic push on Ukraine

Sir Keir Starmer has been seeking to support Ukraine to keep countering Russian aggression.

Evening Standard

‘Tax on savers’ plan from Reeves could hit a million Scots – SNP

Research from the House of Commons Library shows 25% of adults in Scotland have cash ISAs.

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