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The Latest Breaking News from Rachel Reeves

Rachel Reeves’ budget is like a long car journey, without a Fruit-tella in sight

Stopping to look ‘under the bonnet’ of the nation’s finances is all well and good, but how long does it take so see the engine’s knackered?

The Guardian - UK

Macron’s business policies made him ‘president of the rich’. Rachel Reeves, beware

The chancellor rightly wants to stimulate the economy by boosting growth. But she would be unwise to do it at the expense of the poorest, writes Phillip Inman

The Guardian - UK

‘They’re killing us’: Aberdeen braces for end to North Sea oil as clean energy plan takes shape

The granite city has weathered many storms over the years but people there now fear the impact of the government’s tax plans on the local economy and jobs

The Guardian - UK

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Reeves plans stealth taxes as Starmer prepares to splurge billions on NHS

Chancellor considers a range of taxes in the Budget to fill a £40bn black hole in Labour’s spending commitments as the PM is ready to announce billions of extra money for the NHS

The Independent UK

Scottish Labour 'shamefully silent' over UK Government's austerity plans

SCOTTISH Labour has been accused of “hiding” and being “shamefully silent” following the growing revolt from UK cabinet ministers over the…

The National (Scotland)

Rachel Reeves ‘set to raise fuel duty next year’ as Tory MPs demand freeze

Motoring groups say an end to the temporary 5p cut in fuel duty would be catastrophic for many

The Independent UK

HS2 high speed trains to Euston will be 'most comfortable' on UK rail network with 87cm of legroom

Chancellor Rachel Reeves is set to confirm in the Budget that HS2 will run to Euston

Evening Standard

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Workers set for income tax hike as Rachel Reeves ‘to extend freeze on thresholds’

Conservatives have accused Keir Starmer and Rachel Reeves of preparing to break a manifesto pledge

The Independent UK

NHS set to receive 4% budget rise but health chiefs say it may not be enough

Whitehall source says it would only allow NHS to ‘stand still’ on waiting lists rather than reduce them

The Guardian - UK

Rachel Reeves expected to extend ‘stealth’ freeze on income tax thresholds

Policy known as ‘fiscal drag’ could bring in as much as £7bn a year after 2028, while dragging workers into paying more tax

The Guardian - UK

Businesses warn tax hikes could send fish and chips prices soaring as restaurants brace for Budget

Fish and chips owners are ‘hoping to stay afloat’ amid speculation of further tax hikes on the October Budget

The Independent UK

Labour plan to stick with Tories £1.3bn benefits cuts branded 'utterly shameless'

THE Labour Government will press ahead with £1.3 billion in annual cuts to UK sickness benefits which was previously announced by the Tories,…

The National (Scotland)

Fuel duty expected to rise by up to 7p a litre after the budget

Campaigners point out it is often cheaper to drive or even fly within the UK than take the train

The Guardian - UK

Disposable vapes ban: Labour’s war on vaping explained

Disposable vapes will be banned from sale in England and Wales from 1 June, 2025 - as Labour reportedly considers increasing a incoming tax on vaping products

The Independent UK

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The Independent UK

Reeves warned inheritance tax hike would punish middle classes as Budget backlash intensifies

Experts said the ‘death tax’ had a lot of emotional resonance with voters

Evening Standard

OPINION - The Standard View: Labour's tax promises mean Rachel Reeves is operating with one hand tied behind her back

Virtually all new Chancellors raise taxes in their first Budget. But few plan to do so by quite as much as Rachel Reeves. The much-vaunted £22 billion fiscal blackhole seems to be growing ever wider, with reports swirling that the Chancellor is seeking to raise up to £40 billion in…

The Independent UK

What the inheritance tax rise in the Budget means for you

Only around 4 per cent of families have to pay ‘death tax’ under current legislation

The Independent UK

Inheritance tax to rise in Budget as Reeves plans to hit well-off

Just 5 per cent of all deaths incurred Inheritance Tax in 2022–23

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The Guardian - UK

Starmer says UK will support Ukraine ‘for as long as it takes’ after meeting Biden, Macron and Scholz – as it happened

PM meets Biden, Macron and Scholz at pivotal moment for global conflicts

The Independent UK

Rachel Reeves to push forward with £3bn sickness benefits cut in Budget

Charities warned cuts proposed by the Tories would have a ‘devastating impact’ on disabled people

Evening Standard

Benefits will be cut, says jobs minister as Rachel Reeves hikes taxes and seeks spending savings in Budget

Taxes which may rise include National Insurance on employers, capital gains tax, inheritance tax and stamp duty

The Guardian - UK

Rachel Reeves considers raising tax on vapes in autumn budget

Exclusive: news comes as figures show a quarter of 11 to 15-year-olds in England have tried vaping

The Guardian - UK

Treasury installs ‘guard rails’ to avoid Liz Truss-style budget meltdown

Rachel Reeves is to seek advice from City experts to ensure big projects’ value for money and reassure markets

The Independent UK

Rachel Reeves planning £3bn welfare cuts in Budget

The Chancellor is expected to commit to the previous Tory government’s plans to save the sum by reforming work capability rules.

The Guardian - UK

Budget 2024: Rayner and Reeves in standoff over funds for social housebuilding

Exclusive: Housing secretary wants billions more to meet new-homes target but chancellor is set to limit spending

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