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The Latest Breaking News from Rachel Reeves

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 Independent 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

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

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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

The Guardian - UK

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

Evening Standard

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 Independent UK

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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 Conversation

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

The Guardian - UK

More farmers seeking financial advice over inheritance tax changes, say experts

Thousands of farmers marched on Westminster on Tuesday in a protest against the Budget changes.

Evening Standard

Female farmers warn Labour of suicide risk among community after inheritance tax hike

Female farmers warn of mental health repercussions of Labour’s inheritance tax

The Independent UK

Farmers in tweed, children on toy tractors and celebrities join London protest

Around 13,000 people gathered to voice opposition to proposed changes to agricultural inheritance tax outlined in the Budget.

Evening Standard

Government accused of ‘hammer blow’ to farmers as thousands protest in London

Farmers flocked to Whitehall to protest against changes to inheritance tax and other measures in last month’s Budget.

The Independent UK

NFU chief hints farmers could take more extreme action if government ignores inheritance tax protest

More than 10,000 farmers descended on Westminster on Tuesday to urge the government to backtrack on the levy

The Independent UK

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The Guardian - UK

‘People don’t get the power of the podcast. But Trump does’: broadcaster-turned-investor Harry Stebbings

The twentysomething podcaster and venture capitalist talks about his $400m investment fund, his mum – and the power of new media to influence politics

Evening Standard

Rachel Reeves has used a blunderbuss to hit farmers, Jeremy Clarkson says

The TV presenter and journalist joined protests in central London on Tuesday calling for the Government to scrap agricultural inheritance tax changes

The National (Scotland)

Rachel Reeves challenged to make work history clear after 'lying on her CV'

RACHEL Reeves has been challenged to make her employment history clear amid growing allegations that she lied on her CV ...

The National (Scotland)

Tesco among retailers to warn job losses ‘inevitable’ after Labour Budget tax hikes

THE UK's biggest retailers have warned the Chancellor that jobs will be cut and prices will have to rise as they face a more-than-£7 billion hit…

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The National (Scotland)

Anas Sarwar U-turns as Scottish Labour commit to Winter Fuel Payment

SCOTTISH Labour have pledged to bring back the Winter Fuel Payment should they win the next Holyrood election ...

Evening Standard

Britain’s biggest retailers say job losses ‘inevitable’ after Budget tax hikes

More than 70 businesses, including Tesco, Asda and Sainsbury’s, have raised their concerns in a letter to Rachel Reeves.

The Independent UK

Reeves says farmers must help fund NHS as she refuses to back down ahead of mass protest

Chancellor says farmers must pay ‘fair share’ as thousands descend on London for a major demonstration

The Guardian - UK

Bank of England governor says budget measures could cost jobs, and argues for ‘gradual’ interest rate cuts – as it happened

Rolling coverage of the latest economic and financial news

Evening Standard

UK retail bosses warn of ‘inevitable’ job losses amid Budget changes

More than 70 businesses including Tesco, Asda and Sainsbury’s voiced their concerns in an open letter to Chancellor Rachel Reeves.

Evening Standard

Government facing calls to scrap ‘family farm tax’ as farmers march on Whitehall

Ministers insist they back British farmers, and say the inheritance tax changes will only affect the largest estates.

Evening Standard

Rachel Reeves digs in against farmers as they head to London to protest in growing inheritance tax row

As many as 20,000 farmers may demonstrate outside Parliament on Tuesday

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