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The Latest Breaking News from Rachel Reeves

Bank of England interest rate cut joy for mortgage holders as Reeves blames mini-Budget for inflation - live

The Bank of England has decided to cut interest rates for the first time in more than four years

The Independent UK

UK's new Treasury chief says previous government 'covered up' financial turmoil ahead of election

Britain’s new Treasury chief is alleging that the previous government covered up the dire state of the nation’s finances, as she prepares to deliver a major speech to Parliament that is widely expected to lay the groundwork for higher taxes

The Independent UK

The National launches PFI series: Will Labour revive controversial funding method?

THE newly elected Labour government has come to power pledging to deliver on infrastructure, but poured cold water on the idea of major government…

The National (Scotland)

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Rachel Reeves urged not to 'pull a George Osborne' amid reports of major cuts

RACHEL Reeves has been warned not to “pull a George Osborne” amid growing concerns the Chancellor is to announce significant cuts to make up for…

The National (Scotland)

Finance Minister To Reveal Fiscal Audit Of 'Broke' Britain

Finance minister Rachel Reeves will on Monday claim Britain is "broke and broken" when she reveals the findings of an assessment into the country's public finances ahead of a forthcoming budget.

International Business Times

Chancellor Rachel Reeves in blame-game row over plans to cut costs to fix public finances

Chancellor to unveil £20 billion black hole in public accounts

Evening Standard

Rachel Reeves paves way for cuts and tax rises to fill shortfall left by Tories

Chancellor will announce pause in work on a number of infrastructure projects, saying Conservatives ‘covered up’ true state of finances

The Guardian - UK

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Which UK infrastructure projects is Rachel Reeves likely to axe?

Chancellor expected to announce cuts and delays to some projects as Labour tries to fill £20bn shortfall in finances

The Guardian - UK

Rachel Reeves could raise £10bn in wealth taxes, Resolution Foundation says

The chancellor could find the cash to fund Labour’s plans for power, including inflation-busting pay hikes for public sector workers, by levying taxes on unearned wealth

The Independent UK

Britain's New Government Faces Financial Crisis After Election Win

Britain's new left-leaning government faces financial challenges inherited from previous rule, with a significant 20-billion-pound shortfall in public fina...

Top News

UK is 'broke and broken,' new government says as it prepares to tackle shortfall in public finances

Britain’s new left-leaning government says the nation is “broke and broken,” blaming the situation on its predecessors ahead of a major speech on the state of the public finances that is widely expected to lay the groundwork for higher taxes

The Independent UK

Fear of a Truss repeat should not deter Reeves from rewriting spending rules

Labour has enough goodwill with City to increase debt if the money is used for key infrastructure

The Guardian - UK

Tories ‘deliberately covered up’ true state of public finances, says minister

Steve Reed hits out at Conservatives’ handling of public services as chancellor prepares to detail ‘£20bn black hole’

The Guardian - UK

'Lie and pretend': Disbelief as Labour claim Tories 'covered up' £20bn funding hole

CHANCELLOR Rachel Reeves has been met with disbelief after claiming that a Tory government “cover up” hid a £20 billion shortfall in the UK’s…

The National (Scotland)

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The Guardian - UK

Why Rachel Reeves wants everyone to know that the Tories left the Treasury brassic

The chancellor is not just preparing the ground for some tax rises. She’s also warning her party that there will be extremely difficult decisions about spending

The Independent UK

Reeves to consider capital gains tax plan to help fix ‘broke Britain’

The chancellor will declare Britain ‘broke and broken’ and reveal the scale of Labour’s dire financial inheritance from the Conservatives

The Independent UK

Rayner to set out overhaul of planning rules to clear path for new social housing

Angela Rayner has said the planning system should be a ‘launchpad’ rather than a millstone ahead of setting out changes next week

The Guardian - UK

Wealth taxes could raise £10bn to help plug Tory budget hole, say economists

Reforms to inheritance and capital gains taxes could reduce £20bn shortfall and combat UK’s widening wealth gap

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news in one place.

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The Guardian - UK

The Observer view: sticking to fiscal rule will imperil Labour’s future

Cutting public spending to satisfy an arbitrary financial rule conceived in opposition will confine the UK to sluggish growth

The Independent UK

Rachel Reeves to unveil ‘broke Britain’ dossier as Jeremy Hunt hits back with tax ‘scam’ claim

Rachel Reeves is expected to tell parliament that Rishi Sunak’s party left a £20bn black hole in the public finances, including making ‘significant funding commitments’ this year with no idea how they would be paid for

The Guardian - UK

Angela Rayner unveils sweeping plans to tackle ‘scandal’ of Tory housing legacy

The deputy PM is to announce new rules to boost affordable homes as a £20bn shortfall in UK public finances is revealed

The Guardian - UK

Taxing the rich could solve many problems. Why is it so difficult in the UK?

Making billionaires pay their fair share into state coffers would allow Starmer’s government to effect real change, but soaking the rich is a hard sell for voters

The Guardian - UK

Rachel Reeves to delay some of Tories’ ‘unfunded’ road and hospital projects

Chancellor attempts to plug £20bn hole in spending but will commit to above-inflation public sector pay rise

The National (Scotland)

Anas Sarwar left red-faced as clips showing 'no austerity' pledge resurface

ANAS Sarwar has been left red-faced as footage re-emerged of him claiming there would be “no austerity under Labour” as the UK Chancellor is set…

The Guardian - UK

Millions of UK public sector workers set for above-inflation pay rise

Rachel Reeves is expected to accept pay review body recommendations in move that could cost up to £10bn

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