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The Latest Breaking News from Rachel Reeves

Scotch whisky industry hits out as Chancellor increases alcohol duty

The Scotch Whisky Association (SWA) has said the Chancellor’s decision to further increase duty on Scotch Whisky has broken the Prime Minister’s…

The National (Scotland)

Watch: Office for Budget Responsibility responds to Rachel Reeves’ £40bn tax hikes

Watch as chair of the Office for Budget Responsibility (OBR) Richard Hughes held a press conference after Labour's Budget was announced on Wednesday, 30 October.

The Independent UK

Taxes, borrowing and spending up in Rachel Reeves’ first Budget

Chancellor Rachel Reeves said she was ‘fixing the foundations of our economy’ but taxes will rise to their highest levels since the Second World War.

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

Economists react to the Budget with pay cut fears

LABOUR tax hikes on employers will cut pay for workers, according to a leading think tank.

The National (Scotland)

Budget: Rachel Reeves mocks Rishi Sunak with private jet announcement

Rachel Reeves mocked Tory leader Rishi Sunak as she detailed Labour’s Budget in the House of Commons on Wednesday, 30 October.

The Independent UK

Rachel Reeves swaps Nigel Lawson portrait for one of Labour MP ‘Red Ellen’

Chancellor has previously pledged to ensure all art in No 11 is either by female artists or of female figures

The Guardian - UK

Alcohol duty: What booze has gone up and what has gone down

How much will your pint cost now?

The Independent UK

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Price of wine and spirits to rise but pub pints to fall by a penny

Rachel Reeves announced that alcohol duty rates on non-draught products will increase in line with RPI from February next year.

Evening Standard

'Underwhelming' and 'not enough': Pension expert hits out at changes in Budget

Rachel Reeves has promised an extra £470 for pensioners next year, as she maintained the Government’s commitment to the pension triple lock

The National (Scotland)

At a glance: Key points from the 2024 Autumn Budget

Here are the main points from Chancellor Rachel Reeves’ Budget, the first by a Labour government since March 2010.

Evening Standard

Labour increases capital gains tax in bid to raise £2.5bn

Chancellor Rachel Reeves said the increase is part of ‘raising the revenue required to fund our public services’.

The Independent UK

Employer National Insurance contribution to rise to 15 per cent

Chancellor Rachel Reeves announced the expected increase in employers’ National Insurance contributions, but thrown a possible lifeline to small…

The National (Scotland)

The meaning behind Rachel Reeves’ Budget blouse

Reeves channelled the colour of the season in a plum pussy-bow blouse.

The Independent UK

More than £13bn set aside for infected blood and Horizon scandal victims

Some £11.8 billion will be set aside for infected blood victims, and £1.8 billion to compensate those caught up in the Post Office Horizon scandal.

Evening Standard

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Evening Standard

Budget 2024: all the property announcements from Chancellor Rachel Reeves

From affordable housing to stamp duty, here are the Labour Budget announcements set to impact London renters and homebuyers

The Guardian - UK

Budget 2024: Reeves reveals £40bn in tax rises as she promises to rebuild public services

Chancellor announces increases in taxation for businesses and the wealthy, and more money for the NHS and schools

The National (Scotland)

Martin Lewis responds to Rachel Reeves's Budget and 'very big' tax rises

Money Saving Expert founder Martin Lewis has responded to Rachel Reeves's Budget and tax rises.

Evening Standard

Chancellor announces rise in flight taxes

Rachel Reeves said air passenger duty will rise, adding up to £2 to the cost of an economy ticket for a short-haul flight.

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The Independent UK

Fuel duty: How will Rachel Reeves’s freeze on motorist tax affect you?

Rachel Reeves announces fuel duty freeze as motorists spared from Budget tax rises

The National (Scotland)

Budget means 'additional £3.4 billion for Scottish Government', Chancellor says

THERE will be an “additional” £3.4 billion for the Scottish Government as a result of the Labour Budget, the Chancellor has claimed ...

The National (Scotland)

Chancellor reveals Inheritance Tax changes in Budget – will you be affected?

Inheritance Tax is a tax paid on the estate (property, money and possessions) of someone who has passed away.

Evening Standard

Fuel duty frozen as Government maintains 5p cut

In her Budget speech to the Commons, Chancellor Rachel Reeves said this is a ‘substantial commitment’.

The National (Scotland)

Chancellor Rachel Reeves confirms Fuel Duty won't rise next year

Fuel Duty will not rise next year, after Chancellor Rachel Reeves announced she would maintain the freeze on the tax ...

Evening Standard

Inflation set to stay above 2% for next four years, says OBR

The fiscal watchdog said inflation is expected to be 2.6% next year, significantly ahead of a previous prediction of 1.5%.

The Independent UK

Reeves increases taxes by £40bn to address ‘black hole’ in public finances

Chancellor Rachel Reeves will also increase investment as she promised to ‘fix the foundations’ of the economy.

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