The Latest Breaking News from Rachel Reeves

No 10 tells aggrieved ministers to make their departments more cost-efficient

Warning comes after three cabinet members complain to Starmer about chancellor’s proposed budget cuts

The Guardian - UK · Oct 17, 2024

Tax-free withdrawals from pension pots surge amid fears over autumn budget

Reports that Rachel Reeves likely to increase taxes have spooked customers, say investment firms

The Guardian - UK · Oct 17, 2024

Britain's Millionaire Exodus: Labour's Tax Plans Are Pushing The Rich Out To Greece, Italy And Ireland

UK millionaires are expediting plans to leave the country as fears grow that Labour may announce capital gains tax hikes and an "exit levy" for those leaving.

International Business Times UK · Oct 17, 2024

Top Cabinet figures take protest over Labour's austerity plans to Keir Starmer

KEIR Starmer is facing a rebellion from his own Cabinet over the extent of the austerity measures planned for the Labour Government’s first…

The National (Scotland) · Oct 17, 2024

Rachel Reeves set to raise capital gains tax rate on sales of shares in Budget

Budget reforms will not increase the rate on sales of properties, it has been reported

Evening Standard · Oct 17, 2024

Angela Rayner leads Cabinet revolt against Reeves’ ‘huge’ Budget cuts

Senior ministers are pushing back against cuts as Rachel Reeves finalises her first Budget as chancellor

The Independent UK · Oct 17, 2024

Cabinet ministers angry at Budget cuts being demanded by Rachel Reeves told: We all face tough choices

But Education Secretary Bridget Phillipson insisted there would be no return to austerity

Evening Standard · Oct 17, 2024

Thursday briefing: The £40bn funding gap, £22bn ‘black hole’ and more tricky terms, explained

In today’s newsletter: Chancellor Rachel Reeves is painting a bleak picture ahead of the budget later this month. Here’s what all the jargon means

The Guardian - UK · Oct 17, 2024

Millionaire business owners urge Rachel Reeves to raise £14bn from rise in capital gains tax

Group of wealthy investors argue it would have no impact on investment in the UK and would raise vital funds for public services

The Guardian - UK · Oct 17, 2024

Here’s a rabbit for the chancellor’s hat: scrap stamp duty on shares

Getting rid of SDRT would pay for itself over time because other receipts would rise, abolitionists say

The Guardian - UK · Oct 17, 2024