The Latest Breaking News from Rachel Reeves

Reeves will 'make changes' in spring if needed for UK public finances amid talk of spending cuts or tax rises

The Chancellor vowed to stick to her fiscal rules on day-to-day spending and reducing the UK’s debt

Evening Standard · Jan 23, 2025

UK To Make Case To Trump Against Whisky Tariff: Finance Minister

Britain will make the case to US President Donald Trump that Scotch whisky and other goods should be spared from any tariffs by the new administration, UK finance minister Rachel Reeves said Thursday.

International Business Times · Jan 23, 2025

Government rejects call from supermarket giants to halt controversial tractor tax plan

Some of Britain’s biggest retailers, Tesco, Lidl and the Co-Op, demanded a pause to the inheritance tax raid as Labour chancellor attempts to woo business investment to the UK at World Economic Forum in Davos

The Independent UK · Jan 23, 2025

Transport Secretary Heidi Alexander opposed third runway at Heathrow which Rachel Reeves appears to now back

Exclusive: Heidi Alexander is the eighth Cabinet minister known to have objected to a bigger Heathrow, as has Prime Minister Sir Keir Starmer

Evening Standard · Jan 23, 2025

UK politics: ‘It’s not a customs union’: No 10 leaves door open to joining pan-Europe scheme – as it happened

Downing Street says EU’s suggestion of UK joining agreement would not cross its ‘red lines’ for closer ties

The Guardian - UK · Jan 23, 2025

UK’s millionaire exodus equal to losing 530,000 average taxpayers, study says

The country lost 10,800 millionaires to foreign countries last year, more than double the number who left in 2023. It means that, since Labour came to power, one millionaire left the UK every 45 minutes

The Independent UK · Jan 23, 2025

Rachel Reeves’s bid to expand Heathrow could add £40 to airline ticket

Treasury analysis shows ticket prices expected to go up across board with no plans for frequent flyers to shoulder more of the cost

The Guardian - UK · Jan 23, 2025

Legal challenges to infrastructure plans to be blocked in Starmer growth push

Prime minister hopes his plan to ‘take the brakes off Britain’ will send a message to business to build more

The Guardian - UK · Jan 23, 2025

Rachel Reeves denies Labour hindering consumer interests in car loans scandal

Chancellor under pressure from lenders and lobbyists that say huge compensation bill could harm motor finance market

The Guardian - UK · Jan 22, 2025

Reeves says growth eclipses net zero as Heathrow runway decision looms

Chancellor hints in Davos she intends to reaffirm backing of airport expansion despite climate concerns

The Guardian - UK · Jan 22, 2025