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The Latest Breaking News from Rachel Reeves

Some Budget measures are welcome but others will ‘prolong agony’, warns Swinney

The First Minister said it is regretful the Chancellor had not scrapped the two-child limit on some benefits.

Evening Standard

'Kick in the teeth' for London rail commuters: Season tickets to rise by up to £300 for delays-hit trains

Commuter costs are on the rise - but fuel duty was frozen yet again

Evening Standard

Spending plans mean £9 billion of cuts after next year, economists warn

Economists have suggested Labour’s longer-term spending plans are ‘extremely challenging’ and do not rule out a return to austerity.

Evening Standard

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OPINION - The Standard View: Labour's National Insurance raid will hit "working people"

It was not all that long ago the Labour Party was campaigning for government, promising to prioritise economic growth, and reassuring voters that vast tax rises were not necessary. Yesterday’s Budget put paid to that.

Evening Standard

Watch: Starmer and Reeves speak after Labour’s £40bn tax-raising Budget

Watch as Sir Keir Starmer and Rachel Reeves deliver remarks during a visit to the West Midlands after the Budget announcement on Wednesday.

The Independent UK

Rachel Reeves may need extra £9bn to avoid cuts to public services, says IFS

Institute for Fiscal Studies says chancellor may have to revisit tax plans to avoid real-terms cuts in some areas

The Guardian - UK

Jeremy Hunt to step down as shadow chancellor with end of Tory leadership race in sight

The shadow chancellor, who narrowly retained his seat in the election, says he’s unlikely to return to the frontbenches for ‘the next few years, at least’

The Independent UK

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Ed Davey: care sector will be ‘pushed to brink’ by national insurance hike and should be exempt

Lib Dem leader says rise in employers’ contributions risks worsening NHS crisis

The Guardian - UK

Budget 2024: what the UK papers said about Rachel Reeves’s statement

Headlines featured numerous ‘nightmare’ allusions for budget delivered the day before Halloween

The Guardian - UK

Small and medium-sized businesses: share your reactions to Rachel Reeves’ autumn statement

We’re keen to hear how owners of small and medium-sized UK businesses feel about the chancellor’s maiden budget, and how they will be affected

The Guardian - UK

Jeremy Clarkson slams 'hopeless' budget for 'shafting' farmers

The former Top Gear host is widely recognised as an advocate for farmers through his hit Prime Video series Clarkson’s Farm

Evening Standard

Rachel Reeves admits autumn Budget likely to hit pay for workers

Labour’s Budget tax increase on employers could hit workers’ pay, Rachel Reeves has admitted.

The Independent UK

Reeves’s £40bn tax rises will boost growth ‘sustainably’, says IMF

Rare intervention comes as Resolution Foundation says UK will remain ‘stagnation nation’ despite push to invest

The Guardian - UK

Rachel Reeves appears to say Kemi Badneoch already Tory leader

Rachel Reeves joked that the Tories were worried about their future under Kemi Badenoch as the Conservative Party's leadership contest draws to a close.

The Independent UK

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The Independent UK

Extra Budget cash for Scotland will not see two-child cap axed, Robison suggests

The Scottish Finance Secretary also appeared to indicate the money will not be used to restore universal winter fuel payments to pensioners.

The Guardian - UK

‘There will be consequences’: budget may mean smaller pay rises, says Reeves

Increase in employers’ national insurance contributions will affect businesses but is projected to raise £25bn

Evening Standard

Budget 2025: London housing winners and losers

A bland budget for some and toxic unintended consequences for others – but what does Rachel Reeves’ first fiscal statement mean for you?

Evening Standard

Shell calls for ‘certainty’ after Labour increases oil and gas windfall tax

Chancellor Rachel Reeves lifted taxes for North Sea oil and gas firms including Shell in Wednesday’s autumn Budget.

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Evening Standard

Lower pay rises likely due to Budget tax rises, Rachel Reeves admits

The Chancellor acknowledged her decision to raise national insurance contributions for employers could impact wage growth for workers.

The Independent UK

Lower pay rises likely due to Budget tax increases, Rachel Reeves admits

The Chancellor acknowledged her decision to raise national insurance contributions for employers could affect wage growth for workers.

Evening Standard

The Standard 100: People shaping London in Politics, Security, Knife Crime, Transport and Charity

Rachel Reeves, Sadiq Khan and Richard Curtis are among the top hundred people shaping the capital in 2024

The Independent UK

UK politics live: Budget means weekly pay to rise just £13 in 20 years as IFS calls Reeves’s plans ‘unrealistic’

The Resolution Foundation has warned that the pay outlook is “dire” and many UK workers will not feel any better off by the end of this Parliament

The Independent UK

Taxes will have to rise further despite Reeves’ £40bn tax grab, IFS director warns

Rachel Reeves has hit back at criticism of her Budget after the chancellor received backing from the International Monetary

The Guardian - UK

UK politics: Starmer insists pro-growth policies on way after OBR’s budget warnings – as it happened

PM says budget just ‘first step’ after watchdog said measures would make no difference to growth over five years

The Independent UK

Robert Jenrick calls Rachel Reeves ‘compulsive liar’ during fiery TV interview on autumn Budget

Robert Jenrick accused Rachel Reeves of “telling packs of lies for months” following Labour’s Budget announcement.

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