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The Latest Breaking News from Rachel Reeves

FTSE 100 tumbles as Rachel Reeves to hold emergency meeting over oil prices

IN FULL

The Independent UK

'You're right to worry about your bills and jobs,' Starmer tells UK as oil tops $110 a barrel in Trump war

The US and Israeli attacks on Tehran have already sparked rises in the cost of oil, higher mortgage rates and hit stock markets

Evening Standard

It’s time to honour the extraordinary women of the UK

THE INDEPENDENT VIEW: Editorial: The Independent marks International Women’s Day by publishing its annual list of the 50 most influential women in Britain – a celebration intended to inspire renewed progress towards equality

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Homeowners face higher mortgage rates as Donald Trump's Iran war hits FTSE 100

Nationwide, HSBC and Coventry Building Society are among lenders raising mortgage rates as the Iran conflict rages on

Evening Standard

Donald Trump Mocks Keir Starmer As 'No Winston Churchill' After Iran Caving

Donald Trump's claim that Keir Starmer is 'no Winston Churchill' has intensified scrutiny of Britain's Iran policy shift, exposing Cabinet tensions over legality, loyalty to Washington and the legacy of past interventions.

International Business Times UK

Ladbrokes owner Entain says gambling tax hikes will shrink regulated market

Entain said it was able to weather the cost rises but other smaller players may disappear from the market as a result.

Evening Standard

Ministers discuss ways to offset energy price surges caused by Iran war

Government’s claim to have lowered bills in jeopardy as households face £160 rise caused by soaring oil and gas prices

The Guardian - UK

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Rachel Reeves dashed hospitality's hopes with her do nothing Spring Statement

My six point action plan could halt the decline and allow the sector to flourish again

Evening Standard

Private dentist market review launched by watchdog after Chancellor’s plea

Rachel Reeves urged the CMA last November to launch a review of private dentistry in a bid to ease the cost of living.

Evening Standard

FTSE 100 Live 05 March: Oil price higher, Rentokil leads stronger index

Calmer stock market conditions continued today despite a fresh rise for the price of oil.

Evening Standard

What is in store for London house prices and mortgage rates following the spring statement?

Mortgages, housebuilding and inflation — is there any good news for London buyers and homeowners?

Evening Standard

Rachel Reeves should scrap the North Sea windfall tax now

The UK should optimise North Sea oil and gas production while it transfers to renewables and nuclear developments

The Guardian - UK

Energy bills could rise by £160 after Iran conflict pushes gas prices higher

Household costs could reach £1,800 a year from July as UK market hits three-year high

The Guardian - UK

UK Economy Faces Budget Cycle Strain as Iran Conflict Volatility Hits Markets

Explore how global tensions and rising oil prices are impacting the UK's economic recovery, with insights into the upcoming Budget cycle and inflation risks.

International Business Times UK

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Evening Standard

Reeves reaffirms commitment to end windfall tax in talks with North Sea bosses

The Chancellor met figures from BP, TotalEnergies and Serica in Downing Street.

Evening Standard

UK interest rates could go back above 4% if energy shock persists, Niesr warns

The National Institute of Economic and Social Research said the Bank of England will have to contend with a ‘shock’ to energy costs.

Evening Standard

Scrapping windfall tax on oil and gas is ‘utterly essential’, Swinney insists

The Scottish First Minister spoke out ahead of a meeting between Chancellor Rachel Reeves and North Sea leaders.

The Independent UK

Britain’s economic growth to be weakest in a century outside of pandemic and WWII, think tank warns

The UK’s top two economic think tanks – the Resolution Foundation and the Institute for Fiscal Studies – have issued dire warnings over economic growth and borrowing a day after Rachel Reeves delivered her spring statement

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news in one place.

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The Independent UK

UK faces tax hikes or cuts to public services in bid to hit defence spending target, IFS warns

IFS director Helen Miller said: ‘The takeaway is that we should not expect the Government to be able to meaningfully increase what we spend on defence’

Evening Standard

Tax burden heading to ‘uncharted territory’ with risk to growth, OBR warns

Budget responsibility committee member Professor David Miles said there was ‘clearly a risk’ in the historically high tax burden.

Evening Standard

Rachel Reeves in emergency talks with oil and gas chiefs amid warning of £500 rise in energy bills

Fears are growing that Donald Trump’s Iran war will push up energy bills in Britain

The Guardian - UK

Wednesday briefing: Was the chancellor’s spring statement already out of date?

In today’s newsletter: Against a backdrop of global turbulence, Rachel Reeve’s surprisingly upbeat tone failed to reassure when our supposed economic stability rests on forces mostly outside of the government’s control

The Guardian - UK

The Guardian view on Rachel Reeves’s spring statement: stability cannot mean sacrificing living standards

Editorial: An energy shock from war in the Gulf will expose the limits of rigid fiscal rules. The real question is who absorbs the loss: the state, firms or households?

The Guardian - UK

What will Rachel Reeves’s spring forecast mean for household finances?

The chancellor promises more money in people’s pockets, but the Iran crisis makes steeper inflation a pressing worry

The Guardian - UK

‘It’s no news just when we wanted some’: bosses react to spring statement

Amid global volatility, Rachel Reeves tried to project calm with a low-key forecast. But business owners have their doubts

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