The Latest Breaking News from Rachel Reeves

Rises in state pension and minimum wage garner praise from Rachel Reeves’s constituents

Rachel Reeves’s budget ended arrangement whereby government took half surplus of pension scheme

There was a mix of optimism and pessimism with the national papers’ views on Rachel Reeves’s Budget.

The overall tax burden will reach a record 38.3% of gross domestic product (GDP) in 2027-28.

TV presenter says inheritance tax of 20% over £1m announced in Budget will stop farmers passing on businesses to children

Chancellor Rachel Reeves keeps in place system branded ‘unfair’ on single parents earning over £60,000

Chancellor Rachel Reeves said it would be “irresponsible” to rule out further tax rises following Labour’s historic budget.

Chancellor’s solutions to improving economy and public services will be a radical change for country

ANALYSIS: Business will bear the burden of this Budget, so the chancellor must hope it delivers a better economy, says Howard Mustoe

Chancellor hopes cash injection for NHS and extra money for public services will make public forgive higher taxes and slow growth

This was a Budget written in London, delivered in London, but almost totally ignored the region that drives the British economy. Rachel Reeves made only one mention of London — about par by recent standards — in her 77-minute speech, compared with five references to Manchester and Scotland, three to…