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The Latest Breaking News from Rachel Reeves

Three quarters of a million hospitality workers ‘dragged into higher tax regime’ following Budget

Chancellor Rachel Reeves said at the Budget last year that she will raise employers’ national insurance contributions in a bid to raise £22bn for the Treasury

The Independent UK

Keir Starmer and 16 ministers urged not to 'U-turn' on opposing Heathrow third runway

Environmental groups have warned of the climate change impact of hundreds of thousands more flights which could also blight parts of London with noise

Evening Standard

Chancellor to reveal Government’s departmental spending plans in June

Rachel Reeves said she would present the budgets to the Commons once the review had concluded on June 11.

The Independent UK

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Reeves bids to intervene in car finance case that could cut lenders’ £30bn bill

Shares in Lloyds and Close Brothers rise as Treasury seeks to tell court that lawsuit could cause economic harm

The Guardian - UK

Wage growth accelerates despite flagging jobs market

Official figures revealed that average regular pay surged again, to 5.6% in the three months to November.

Evening Standard

Climate group says Heathrow expansion would be ‘catastrophic’

Climate charity Possible said the ‘huge increase in emissions’ from a third runway ‘won’t help our economy’.

Evening Standard

Rachel Reeves to back Heathrow third runway in bid for economic growth

Government could back much-delayed plan for third runway at Heathrow, as well as expansion of Gatwick and Luton airports

The Independent UK

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Heathrow third runway plan labelled ‘desperate’ amid Labour divisions

Rachel Reeves hopes expansion will increase economic growth but Ed Miliband and Sadiq Khan oppose it

The Guardian - UK

Davos day one: German chancellor Scholz says Putin must not win Ukraine war, as Greenpeace protesters disrupt WEF – as it happened

Rolling coverage of the first full day of the World Economic Forum in Davos

The Guardian - UK

UK pay growth rises despite firms cutting jobs after budget

Labour market figures add to dilemma for Bank of England as it considers interest rate cuts

The Guardian - UK

Reeves heads to Davos in bid for more investment

The Chancellor said she ‘will not rest’ until the economy is growing.

Evening Standard

Hospitality firms ‘to incur £1bn costs from employer NICs on 774,000 more workers’

Industry body says businesses and jobs at risk unless Rachel Reeves’s tax changes delayed or altered

The Guardian - UK

Rachel Reeves’s duty is to the people, not the markets

Letters: Treasury orthodoxy is such that the chancellor doesn’t seem to think she has a choice, writes Anthony Lawton, while Ros Wain says the government needs to get over the household view of the public finances. Plus a letter from Phil Tate

The Guardian - UK

UK ‘second most attractive country for investment’, survey finds

The survey of chief executives, published ahead of the World Economic Forum, follows an upgraded growth forecast from the IMF

The Guardian - UK

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Evening Standard

Global top bosses rank UK as second most attractive country for investment

PwC’s annual CEO survey cheers ‘vote of confidence in the UK’ as UK surpasses Germany, China and India.

The Independent UK

UK given business ‘vote of confidence’ after ranking second-most attractive nation to invest in

The wide-ranging survey revealed a ‘vote of confidence in the UK’ as it placed above China and India

The National (Scotland)

'Empty-minded' Labour's growth push panned by top economics experts

LABOUR have been panned for their “contradictory” and “empty-minded” approach to economic growth by a leading political scientist.

The Independent UK

Voices: Reeves is wrecking UK growth by alienating wealthy entrepreneurs who bring investment and jobs

COMMENT: Reeves and her boss Keir Starmer do not appear to understand the competition to attract the international rich – and the benefits they bring

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The Independent UK

Reeves blasted over Davos investment drive while millionaire non-doms desert the UK

Labour chancellor will try to attract overseas investment at World Economic Forum meeting this week while row rages at home over tax changes for millionaire foreign nationals living in the UK

The Guardian - UK

If Rachel Reeves wants growth, improved community cohesion could be essential

A new paper has found that social capital ‘is the cake, not the icing’ of a strong, well functioning economy

The Guardian - UK

Market turmoil has calmed but Rachel Reeves faces more challenges ahead

Chancellor survives chaos in markets but faces more questions on growth, cuts, public sector pay and fraud

The Guardian - UK

Rachel Reeves will go on Davos charm offensive as plan for cuts rattles nerves at home

The chancellor will seek investment in the UK as the Labour government prepares to reduce the benefits bill

The Guardian - UK

Keir Starmer will have to stick by Rachel Reeves – they’re lashed to the same mast

When you’re presiding over a flatlining economy, every error is magnified and there is little credit for the things you’re doing right

The Guardian - UK

First Brexit, now Trump and Musk: ignorance is back with a vengeance

The aggression from the Tesla billionaire is new; but Britain has years of experience in the consequences of falling for misleading promises

The Guardian - UK

Rollercoaster week for the chancellor ends in relief … and a lesson learned that fortunes can change very fast

Treasury officials claim there was no panic in No 11 before the economic numbers finally turned in their favour

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