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The Latest Breaking News from Rachel Reeves

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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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

The Independent UK

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,…

Evening Standard

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‘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 Guardian - 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

The Independent UK

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

Evening Standard

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

The Guardian - UK

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Evening Standard

What the papers say – November 14

A wide variety of stories adorn Thursday’s front pages.

The Guardian - UK

Reeves to announce ‘megafunds’ shake-up of local government pension scheme

Chancellor to tell City leaders of Canada-style plan to pool assets for benefit of long-term investment

Evening Standard

Pension ‘megafunds’ to be created to boost investment and economic growth

The megafunds will mirror schemes in Australia and Canada under the Government plans.

Evening Standard

OPINION - Labour’s attack on private schools is misguided, damaging and cruel

It’s hard to pinpoint the most egregious side effects of Rachel Reeves’s Budget so far, with its blizzard of bizarre policies fraught with unpleasant unintended consequences. Who do they most want to hurt? Business owners, farmers and parents who have the cheek to want the best education for their children…

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The Independent UK

What’s happening to the price of a pint?

Chancellor Rachel Reeves hiked employers’ national insurance rates and lowered the threshold at which they are paid

The Conversation

Any hope of ‘getting Britain working again’ must not demonise people on welfare

Sometime this autumn, the UK government is expected to publish its plan to “get Britain working again”.

The Independent UK

‘Charity tax’ on lotteries will deny good causes £1 million a year, Reeves told

Britain’s 500 lottery fundraisers have new gambling levy could exacerbate problems caused by the national insurance hike

Evening Standard

Fact check: UK Government has not announced free bus fares for immigrants

The post from the TikTok user comes amid the Government raising the single bus fare cap to £3 from £2.

Evening Standard

Swinney gives ‘cast-iron’ guarantee to return £46m to farming sector

The cash was taken from the agriculture budget to ease the cost-of-living crisis in Scotland.

The Independent UK

Rachel Reeves to face winter fuel cuts fury as protesters target her Leeds constituency

Event just days before farmers descend on London in a row over the Labour chancellor’s tax hikes

The Independent UK

Farmers’ ‘tractor tax’ protest move to new location because Trafalgar Square is not big enough

Exclusive: Details of the first big demonstration faced by Keir Starmer’s government have been revealed as farmers prepare to descend on Westminster over the imposing of inheritance tax on agricultural land

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