The Latest Breaking News from Rachel Reeves

British businesses grow at slowest rate in 11 months amid Budget uncertainty

Chancellor Rachel Reeves has struck a pessimistic tone around the Budget, warning of ‘tough decisions’.

Evening Standard · Oct 24, 2024

Jeremy Hunt claims Labour changing debt definition will ‘punish families with mortgages’ – as it happened

Former chancellor says ‘increasing borrowing means interest rates would be higher for longer’ as Reeves says it will ‘make space for investment’

The Guardian - UK · Oct 24, 2024

Report suggests Reeves could announce plans to change Britain’s debt rules

The Chancellor will be looking to raise up to £40 billion from tax hikes and spending cuts in order to avoid a return to austerity.

Evening Standard · Oct 24, 2024

Reeves promises ‘reset for our economy’ as she prepares for first Budget

The Chancellor said she will make the UK ‘a rock of economic stability’.

The Independent UK · Oct 23, 2024

Rachel Reeves set to borrow billions for investment after announcing major change to fiscal rules

Ex-Tory chancellor Jeremy Hunt warns he was advised by the Treasury that ‘increasing borrowing meant interest rates would be higher for longer – and punish families with mortgages.’

The Independent UK · Oct 23, 2024

Reeves to announce major change to fiscal rules releasing £50bn for spending

After weeks of speculation, chancellor will tell IMF in Washington that UK’s debt measure will be redefined to permit borrowing for investment

The Guardian - UK · Oct 23, 2024

Reeves ‘WhatsApps’ Hunt and is in contact ‘regularly’ with Blair and Brown

The Chancellor added that she would love to be able to call up the late Alistair Darling – the last Labour chancellor to deliver a Budget.

Evening Standard · Oct 23, 2024

What will Labour's tax increases mean for Scotland?

CHANCELLOR Rachel Reeves has finalised behind-the-scenes deals with Cabinet colleagues and her officials will be sweating over drafts for her speech…

The National (Scotland) · Oct 23, 2024

Bring in pay-per-mile road pricing across UK, urges Tony Blair’s thinktank

Rachel Reeves urged to shelve fuel duty plans and overhaul taxes amid expected switch to electric vehicles

The Guardian - UK · Oct 23, 2024

‘Amazon tax’ to save Britain’s high streets under consideration by Reeves

The British Retail Consortium, the industry’s trade body, welcomed the idea of reform but warned against the idea of simply punishing online players

The Independent UK · Oct 23, 2024