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The Latest Breaking News from Rachel Reeves

Living standards 2025 outlook ‘hardly cause for celebration’, says UK thinktank

Household incomes to stagnate or fall but will be offset by better public services, says Resolution Foundation

The Guardian - UK

Rachel Reeves spending review ‘set to be next big challenge’ for government as growth flatlines

Rachel Reeves has ordered a line-by-line review of spending, with departments ordered to find savings of 5 per cent of their budgets

The Independent UK

Reeves faces spending wrangles and a search for growth in 2025

Rachel Reeves faces an unenviable situation as the new year begins.

The Independent UK

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Hundreds of theatres and museums face closure as crisis in sectors laid bare

Alarm in sector as four in 10 of Britain’s theatres as well as many regional museums containing local and national archives are on the brink of closure

The Independent UK

Farmers to target rural Labour MPs in new wave of tractor tax protests

Critics of the move in Rachel Reeves’s budget in October have announced a national day of action organised by the National Farmers’ Union

The Independent UK

Voices: Are you worried about Britain’s economy in 2025? Join The Independent Debate

THE INDEPENDENT DEBATE: As we head into a new year, businesses are raising concerns about the UK’s economy and whether the government’s approach will bring stability or cause further challenges. Now we want your views...

The Independent UK

Is Labour to blame for slowing UK economy? It’s more complex than that

Tories point finger at Rachel Reeves’s budget but economy has been misfiring for best part of a decade

The Guardian - UK

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'Broke Brexit Britain': Scotland reacts as UK economic growth hits a wall

JOHN Swinney has insisted Labour will only make the economy worse with a hike to employers’ National Insurance contributions after revised figures…

The National (Scotland)

British economy flatlines in 3rd quarter in another blow to new Labour government

The British economy flatlined in the third quarter of the year, according to downwardly revised official figures in another blow to the new Labour government that has made growth its number one mission

The Independent UK

Rachel Reeves describes ‘challenge’ of fixing economy as ‘huge’

The Office for National Statistics said on Monday that UK gross domestic product (GDP) showed no growth between July and September.

The Independent UK

Economy 'headed for the worst of all worlds' in 2025, businesses warn

Businesses have issued a stark warning to Rachel Reeves that the economy is “headed for the worst of all worlds” with activity expected to fall…

The National (Scotland)

Starmer under pressure over promise to drive growth as UK economy flatlines

Unexpected downgrade to GDP to show zero growth in third quarter underlines Labour’s challenging start in power

The Guardian - UK

UK growth revised down to zero; firms warn economy is heading for ‘worst of all worlds’ – as it happened

UK GDP flatlined in the July-September quarter, ONS reports, as companies warn October budget has hurt economy too

The Guardian - UK

Firms offer no festive cheer to Reeves with gloomy outlook for 2025

The Budget hike to employers’ national insurance is ‘exacerbating an already tepid demand environment’, the CBI warned.

The Independent UK

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The Independent UK

British economy heading for ‘worst of all worlds’, business leaders warn over Labour Budget

After Rachel Reeves’s controversial Budget, the Confederation of British Industry warns the economy is ‘headed for the worst of all worlds’

The Guardian - UK

Sharp fall in UK business activity forecast as economic gloom deepens

CBI survey finds firms planning to reduce hiring amid weakest expectations for growth since November 2022

The Guardian - UK

Where Rachel Reeves can get help on the economy

Brief letters: Good advice | Visionaries | Map trap | Stobbies v Nobbies | Jelly breaks the mould

The Guardian - UK

Rachel Reeves’ push to improve EU ties remains boxed in by red lines

Chancellor’s visit to EU meeting looks for smoother trade to improve growth but youth mobility scheme remains sticking point

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The Guardian - UK

Let China build electric cars in UK, Tory ex-chancellor tells Rachel Reeves ahead of trade trip

Despite ‘spy’ scandal, Philip Hammond says Britain should now adopt a ‘pragmatic approach to Beijing’

The Guardian - UK

From Charli to Jilly to Moo Deng the hippo: the faces we won’t forget from 2024

Some made a splash in politics, social media, sport or the arts. Others took a brave personal stand. Observer writers and critics pick the names on everyone’s lips this year

The Independent UK

Revealed: Pensioners waiting more than 100 days for winter fuel payments

The Department for Work and Pensions backlog has grown to 91,000 and continues to rise

Evening Standard

What the papers say – December 21

A wide range of stories adorn the front pages of Saturday’s papers.

Evening Standard

Nigel Farage ‘hasn’t got a clue’ how to fix the economy, says Rachel Reeves

The Chancellor is dealing with a challenging economic landscape as she attempts to inspire confidence in Labour’s agenda.

The Guardian - UK

Reeves may have to U-turn over no more tax rises, warn economists

Dramatic economic slowdown means chancellor could face lower receipts and higher borrowing costs in 2025

The Independent UK

‘Cloudy’ economic outlook looms over Labour as 2024 draws to a close

Since winning the UK’s general election in July, Labour has faced sharp swings in the economic outlook and a shifting public mood.

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