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The Latest Breaking News from Rachel Reeves

Pension ‘megafunds’ will boost growth and reward British savers – Reeves

In her first Mansion House speech as Chancellor, Rachel Reeves announced plans for megafunds which she said could unlock £80 billion for investment.

The Independent UK

Watch: Reeves pledges to rip up red tape as post-2008 crash regulation ‘gone too far’

Watch as Rachel Reeves pledges to rip up financial red tape in a major speech, arguing that regulatory changes following the 2008 economic crash have “gone too far”.

The Independent UK

Rachel Reeves fightback to woo the City: I’ll ease banking regulations

Chancellor pledges to lift banking regulations to boost growth as she launches fightback against criticism of her Budget

The Independent UK

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Rachel Reeves unveils 'pro-growth' shake-up of excessive City regulation and red tape

Chancellor tells the City she is “clear that the financial services sector must play a central part in our economic vision and our plan for economic growth. “

Evening Standard

Bank of England chief to say UK must ‘rebuild relations’ following Brexit

Andrew Bailey will talk about the importance of economic growth at the annual Mansion House speech in the City of London.

The Independent UK

Rules imposed after financial crisis have ‘gone too far’, Reeves tells City bankers

Chancellor uses Mansion House speech to suggest it is time to loosen some constraints brought in after 2007-08 crash

The Guardian - UK

Reeves pledges to rip up red tape as post-2008 crash regulation ‘gone too far’

Speaking in the City of London, the Chancellor is expected to announce a package of reforms aimed at driving competition across financial services.

The Independent UK

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Rachel Reeves pledges to 'rip up red tape' as 2008 crash regulations 'gone too far'

RACHEL Reeves will pledge to rip up financial red tape in a major speech, arguing that regulatory changes following the 2008 economic crash have…

The National (Scotland)

Tory donor Lord Bamford funds helicopter flight for Nigel Farage

Ally of Boris Johnson gave Reform UK leader a £8,000 trip to tour his JCB site, raising eyebrows among Conservatives

The Guardian - UK

A dream day for Labour as opposition is reduced to noises off

Reeves is untroubled by a financially illiterate Tory leader, while Starmer allows himself a minor celebration

The Guardian - UK

European stocks rise while US market rally wanes

London’s FTSE moved 40.86 points higher, or 0.51%, to close at 8,071.19,

Evening Standard

What will Rachel Reeves’s retirement scheme changes mean for pensions?

The chancellor has announced plans to merge local government retirement schemes into eight Canada-style ‘megafunds’

The Guardian - UK

Fact check: Projections of fiscal drag effect on pensioners are not from HMRC

Claim that £130 of tax to be collected on everyone receiving state pension relies on tax thresholds staying frozen longer than anticipated.

Evening Standard

Pension ‘megafunds’: How do they work and is bigger always better?

Reforms will be introduced under a new Pension Schemes Bill next year, as part of Government plans to boost economic growth.

Evening Standard

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The Independent UK

New Pension Schemes Bill: What you need to know about the megafunds shake-up

Reforms will be introduced under a new Pension Schemes Bill next year

The Independent UK

Right-wing think tank welcomes Rachel Reeves’ pension ‘megafunds’ overhaul

Rachel Reeves will promise the biggest overhaul of the pensions market in decades as she addresses the City of London

The Independent UK

Confusion over how many farms will be hit by controversial tractor tax after ‘staggering’ admission

Critics argue that Defra figures suggest Treasury claims that only 28 per cent of farms will be affected are wrong

Evening Standard

OPINION - Rachel Johnson: what the fears of my hairdresser tell us about Rachel Reeves's total disaster of a Budget

Yesterday afternoon, I walked to Hair EQ up in Notting Hill Gate, where Tareq has tamed the mane for many years, for a blow-dry before an event at the National Gallery then another thing ie the launch of the Friends of Afghan Women Network (FAWN) in the House of Commons,…

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The Guardian - UK

‘Daft’ for Streeting to suggest assisted dying law would cost NHS, says former Labour minister - as it happened

Margaret Hodge, the ex-Labour minister who now sits in the Lords, has criticised Wes Streeting on the BBC

The Independent UK

Job losses and price hikes inevitable, warn UK’s biggest firms in stark message to Rachel Reeves over Budget

The bosses of some of the UK’s biggest firms have accused the government of failing to engage with them ahead of the Budget, while a survey of business chiefs finds two thirds believe it will make Britain a less attractive country to investors

Evening Standard

Reeves wants pension ‘megafunds’ to boost growth as Budget backlash continues

Chancellor Rachel Reeves said ‘we’re going for growth’ after the difficult decisions in the Budget.

Evening Standard

Sadiq Khan blames lack of funding as £4.1billion affordable housing programme stalls

London Mayor says more support still needed despite Rachel Reeves giving the capital an extra £100m

The Guardian - UK

UK mortgage rates rising; Meta fined for breaching EU antitrust rules – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Leading British actors call on chancellor to boost green investment in pensions

Oscar winners Mark Rylance and Olivia Colman among those writing to Rachel Reeves about excluding fossil fuels

The Guardian - UK

Thursday briefing: Can Labour’s plan for league tables cure the ailing NHS?

In today’s newsletter: The health secretary is introducing performance rankings for hospitals, to reward the ‘good’ and punish the ‘bad’. Staff are fearful and furious

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