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The Latest Breaking News from Rachel Reeves

Labour peer condemns her own party as ‘cruel’ over inheritance tax raid on farms

Baroness Mallalieu echoes Theresa May’s description of the Conservatives as ‘the nasty party’ as she hits out at Rachel Reeves’ Budget measure to extend inheritance tax

The Independent UK

Voices: Rachel Reeves is standing by her ‘tough decisions’ – but for how long?

COMMENT: The chancellor insists that she is not for turning, writes John Rentoul. But with the current cold snap and discontent among farmers, I predict she will, indeed, retreat

The Independent UK

‘Sitting with their head in their hands’: farm equipment suppliers fear for impact of budget

Traders at a big machinery show say inheritance tax changes affecting the rural economy have had an immediate impact on business

The Guardian - UK

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Rachel Reeves standing firm against U-turn on inheritance tax for farmers

Chancellor understood to be determined to keep policy despite Treasury analysing ways to soften impact

The Guardian - UK

Keir Starmer warned elderly people ‘are going to die’ as fears mount over winter fuel cuts

Keir Starmer was confronted during a round of local radio interviews by a listener named Maxine who said ‘we just can’t keep warm’ and that ‘elderly people are literally going to die’

The Independent UK

It makes sense to make winter fuel payment change, says Sir Keir Starmer

Chancellor Rachel Reeves limited access to the benefit, worth up to £300, in a cost-saving measure, as she sought to repair the nation’s finances.

Evening Standard

Look at the farmers’ protest, and then ask yourself: how will we ever make tax fairer amid such grumbling?

Labour inherited a dire situation that needed desperate change – but powerful lobbies make any tax reform near-impossible, says Guardian columnist Polly Toynbee

The Guardian - UK

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Reeves denies claims she is about to exempt over-80s from family farm tax

Speculation is mounting that Keir Starmer and Rachel Reeves are looking at ways of appeasing farmers over the so-called tractor tax extension to death duties

The Independent UK

UK government borrowing in October tops forecasts at £17.4bn

Debt interest payments push public finances deeper into the red in fresh blow to Rachel Reeves

The Guardian - UK

Never mind what Rachel Reeves did long ago at the Bank of England: what claims do you make on your CV?

The chancellor is said to have ‘rounded up’ her years of service. But if she did plump up her working achievements a bit, who hasn’t, asks Guardian columnist Emma Brockes

The Guardian - UK

Public sector pay rises and debt interest costs push up UK government borrowing; Bitcoin nears $100,000 – as it happened

UK records the second highest October borrowing since 1993, while crypto-friendly Trump pushes up bitcoin

The Guardian - UK

Alex Burghart aims dig at Rachel Reeves for 'lying about economist role' on CV

ALEX Burghart took aim at Rachel Reeves at Wednesday’s PMQs amid claims she lied on her CV...

The National (Scotland)

Why have British farmers marched on UK’s Parliament?

British farmers say they will be forced to sell farms under inheritance tax reforms.

Al Jazeera

What's true on Rachel Reeves' LinkedIn CV — and what's not?

The Chancellor of the Exchequer has been embroiled in a scandal over the editing of her LinkedIn

Evening Standard

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The National (Scotland)

SNP to remain largest party at Holyrood as Scottish Labour fall further behind

SCOTTISH Labour have fallen further behind the SNP in the latest Holyrood polling...

The Independent UK

First Labour MPs express doubts over farm inheritance tax after thousands protest

Farmers marched in Westminster on Tuesday in attempt to persuade government to U-turn on ‘tractor tax’

The Independent UK

Lidl boss: Retailers are ‘reeling’ amid hit from Budget tax hikes

Ryan McDonnell, Lidl GB chief executive, said the discount supermarket chain is expecting to face ‘tens of millions of pounds’ in extra costs.

The Guardian - UK

Labour wants tax rises to fall on the ‘broadest shoulders’. The farmers furore shows why that’s so hard to achieve

In place of precision-targeted revenue raids, Reeves needs to win a bigger argument about the reason we have taxes, says Guardian columnist Rafael Behr

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The Guardian - UK

Winter fuel payment cuts may force 100,000 pensioners ‘below poverty line’

Analysis shows 50,000 more people will be in relative fuel poverty next year – and another 50,000 by 2030

The Guardian - UK

Retailers deserve a break – but they shouldn’t look to the chancellor for one

A letter by 79 firms voicing ‘significant concerns’ over the budget is likely to do little more than irritate Rachel Reeves

Evening Standard

PM defends employer tax hike as retailers warn of ‘inevitable’ job losses

More than 70 businesses, including Tesco, Asda and Sainsbury’s, have told Rachel Reeves Budget tax hikes mean price rises are a ‘certainty’.

Evening Standard

Sadiq Khan dials down call for national free school meals due to '£22bn black hole'

The mayor said the ‘significant’ budgetary overspend which the Chancellor claims to have inherited means the Government can’t fund free lunches

The Independent UK

Shop bosses ‘right’ to warn of job cuts, says Bank of England governor

His statement comes as retailers turn up the heat in their efforts to get Chancellor Rachel Reeves to water down her Budget measures

The Conversation

The UK government wants to shake up pensions – but it can’t guarantee that ‘megafunds’ will want to invest in Britain

The UK chancellor Rachel Reeves talks a lot about achieving better growth. And the latest figure – economic expansion in the last quarter of just 0.1% – suggests plenty of room for improvement.

The Guardian - UK

Retailers are right to warn of job cuts after Reeves budget, says Andrew Bailey

Bank of England governor says number of roles could shrink by more than 50,000 after rise in employer NICs

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