The Latest Breaking News from Rachel Reeves

Food prices to soar by almost 10% due to Iran war, as fuel and energy bills bite

Grocery shopping bills rose sharply in 2022 and 2023 and are heading for another rise later this year

The Independent UK · Apr 1

UK food inflation ‘could hit 9%’, trade body warns as Reeves meets retail chiefs

Discussion on how to ease impact from Iran war coincides with Food and Drink Federation almost tripling forecast

The Guardian - UK · Apr 1

Reeves: Government ‘can’t alleviate every price increase’ from Iran war

Chancellor Rachel Reeves said contingency planning was under way to deal with the economic fallout from the Middle East crisis.

Evening Standard · Apr 1

MPs Pay Rise Triggers Anger as £3,300 Increase Confirmed for April — What IPSA Decided

UK MPs will receive a £3,300 pay rise from April 2026 after IPSA approved a 5% increase, sparking criticism amid ongoing cost-of-living pressures.

International Business Times UK · Mar 31

Prime Minister to chair Cobra meeting on economic hit of Iran war

Sir Keir Starmer told business leaders on Monday that it must be a ‘joint effort’ to tackle the impact of the war.

Evening Standard · Mar 31

How many sweeteners does JP Morgan need to build an office in Canary Wharf?

US bank will get deal it doesn’t really need as it would be far too embarrassing for Treasury to see investment sail away

The Guardian - UK · Mar 30

Keir Starmer must help consumers through the energy crisis

THE INDEPENDENT VIEW: Editorial: As governments around the world implement measures to take the sting out of rising prices, Labour has merely urged the British people to ‘act as normal’. It is time to go beyond the platitudes – and abandoning a planned fuel duty hike would be a start

The Independent UK · Mar 30

How countries are responding to oil price surge due to Iran war

Many countries reliant on energy imports are taking emergency measures from free bus travel to four-day working week

The Independent UK · Mar 30

Families hardest hit by energy crisis could be given funds dispensed by councils in England

As Iran war continues, ministers debate several options for extending support to households

The Guardian - UK · Mar 30

What Rachel Reeves could do to help stop the UK’s spiralling fuel prices

IN FULL

The Independent UK · Mar 30