The Latest Breaking News from Rachel Reeves

Scottish Government will ‘look at every lever’ to avoid benefit cuts – Robison

It came after the Chancellor outlined cuts of almost £5 billion in her spring statement on Wednesday.

Evening Standard · Mar 27, 2025

Reeves on a double knife edge as she could be forced to order ‘blockbuster’ tax rises, say experts

Critics said her future as chancellor is under threat as a result of errors she has made since taking charge of the economy last year

The Independent UK · Mar 27, 2025

US gives initial approval for Qatar to purchase MQ-9 armed drones for nearly $2 billion

The United States has given an initial approval for the energy-rich Mideast nation of Qatar to buy eight armed MQ-9B Predator drones for its military, an estimated purchase worth nearly $2 billion

The Independent UK · Mar 27, 2025

Keir Starmer set to test the willingness of his fledgling coalition on Paris trip

ANALYSIS: As the prime minister arrives at the Elysee Palace to discuss Ukraine, Archie Mitchell discusses how his plans for a coalition of the willing are in danger of unravelling

The Independent UK · Mar 27, 2025

Reeves ‘absolutely certain’ welfare cuts will not push people into poverty

The Chancellor denied there will be further tax rises or spending cuts at the autumn budget in order to balance the books.

Evening Standard · Mar 27, 2025

‘Good chance’ Reeves will have to raise taxes in autumn budget, thinktank says – as it happened

Institute for Fiscal Studies also warns Reeves over her focus on sticking with fiscal rules regardless of real world events

The Guardian - UK · Mar 27, 2025

Five-point checklist all savers should do before the end of the financial year

Make sure your Isas, pensions and more are taken care of before the cut-off date

The Independent UK · Mar 27, 2025

UK not planning retaliatory tariffs on US 'at the moment', says Rachel Reeves

THE UK is not planning “at the moment” to introduce retaliatory tariffs on the US, Chancellor Rachel Reeves has said after Donald Trump imposed…

The National (Scotland) · Mar 27, 2025

UK not planning retaliatory tariffs on US ‘at the moment’, says Chancellor

President Donald Trump has announced a 25% tariff on vehicles imported to the US will come into effect on April 2.

Evening Standard · Mar 27, 2025

Carmaker shares slide after Trump’s 25% tariff; British Steel proposes closing Scunthorpe blast furnaces – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK · Mar 27, 2025