The Latest Breaking News from Rachel Reeves

Poorest in Britain worse off than Slovenia and Malta after 15 years of stagnant wages, report warns

A damning report found that the worst off in parts of Britain are now poorer than those in Slovenia and Malta after a decade and a half of stagnant incomes

The Independent UK · Mar 12, 2025

No cash Isa shake-up in spring statement, but Reeves still considering cuts

Reduction in maximum amount from £20,000 to £4,000 understood to be longer-term aim for chancellor

The Guardian - UK · Mar 12, 2025

Bank of England drops diversity rules for City firms as US rolls back DEI

The Bank’s enforcement arm, the Prudential Regulatory Authority, revealed the decision on Tuesday in the wake of major US firms scrapping diversity goals

The Independent UK · Mar 12, 2025

Fury as Defra closes key nature-friendly farming scheme to new applicants

The abrupt move is described as ‘another shattering blow’ to the sector, which is already at loggerheads with Government.

Evening Standard · Mar 12, 2025

The UK’s gamble on solar geoengineering is like using aspirin for cancer

Injecting pollutants into the atmosphere to reflect the sun would be extremely dangerous, but the UK is funding field trials

The Guardian - US · Mar 12, 2025

Starmer, Reeves and Rayner host International Women’s Day event at No 10

Guests included Olympic athlete Dame Kelly Holmes and actor Anna Maxwell-Martin, alongside faith leaders, musicians, lawyers and others.

Evening Standard · Mar 11, 2025

Payment systems watchdog to be axed under move to cut ‘stranglehold’ on firms

The Payment Systems Regulator will be disbanded and merged within the Financial Conduct Authority.

Evening Standard · Mar 11, 2025

Fact check: FTSE 100 had its best day in five months in January

The index has not seen its best day in decades at any point during Rachel Reeves’ time as Chancellor.

Evening Standard · Mar 11, 2025

Starmer denounces benefits system as ‘unsustainable, indefensible and unfair’ in move to slash welfare bill

Keir Starmer has signalled a surprising shift to the right for Labour in attacking the welfare system

The Independent UK · Mar 11, 2025

Benefits crackdown 'doomed to fail', warns senior Blair-era Labour figure

PLANS to crackdown on disability benefits including PIP and Universal Credit are doomed to fail, a senior Blair-era party figure has warned

The National (Scotland) · Mar 11, 2025