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The Latest Breaking News from Rachel Reeves

More than 70 retailers urge Reeves to make 20% cut to business rates

In letter to chancellor, Tesco and M&S are among firms warning tax could result in widespread store closures

The Guardian - UK

Rachel Reeves warned potential £50bn spend could cause interest rates to surge

The government is considering changing its fiscal rules to give it more room to borrow

The Independent UK

Budget 2024: Five key tax takeaways at a glance

Chancellor announces biggest raft of tax hikes in any budget since 1993

The Independent UK

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Increase wealth taxes to stop rise of Reform UK, says ex-Labour minister

Liam Byrne has warned the chancellor that extra levies on the rich are needed to halt the rise of the populist right

The Guardian - UK

Cabinet set for split over support for England and Wales assisted dying bill

Some senior ministers expected to vote against measure in free vote, while others are still undecided

The Guardian - UK

Revealed: The 36 rail projects at risk of being scrapped to plug Labour’s £22bn black hole

Exclusive: Transport secretary Louise Haigh – who previously criticised Rishi Sunak for the ‘great rail betrayal’ of HS2 – now finds herself wielding an axe over £85m worth of projects

The Independent UK

How to reverse Britain’s chronic underinvestment in energy – and who needs to pay

The transition to a greener society will involve huge investments in wind farms, electric cars and trains, new ways to heat homes, and much more. Yet the UK government is sending mixed messages over whether it intends to finance such projects at anything like the rate required.

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Friday briefing: What the end of Port Talbot steelworks says about Britain’s green energy transition

In today’s newsletter: The end of coal, steel plants facing closure – how the UK is trying to build a post-fossil fuel economy

The Guardian - UK

Why demand for diesel cars is surging ahead of electric vehicles despite all the discounts

Registrations of new diesel cars in September for private buyers grew by around 17.2 per cent

The Independent UK

Carmakers ramp up pressure on chancellor for EV sales subsidies

Bosses say cost of complying with zero-emission vehicle mandate is ‘astronomical, and unsustainable’

The Guardian - UK

Labour to commit almost £22bn to fund carbon capture and storage projects

Investment will fund two CCS clusters – but environmental campaigners have criticised plans

The Guardian - UK

Today, with our £22bn pledge for carbon capture, Labour’s green revolution for Britain begins

Revitalising the country’s industrial heartlands and creating decent, well-paid jobs is at the heart of our mission, says chancellor Rachel Reeves

The Guardian - UK

Party conference season needs pepping up

Letters: Mike Sheaff says allowing members of an audience a brief opportunity to express a view should be considered an essential part of democracy, while Jonathan Allum says there is still passion in politics. Plus a letter from Dr Ian Flintoff

The Guardian - UK

Rachel Reeves dyes her hair red

The chancellor of the exchequer’s signature power bob has gone copper

Evening Standard

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The National (Scotland)

Protesters gather outside Scottish Power HQ to call out energy bills hike

PROTESTERS have gathered outside the headquarters of Scottish Power to demand the Winter Fuel Payment cut be reversed ...

The National (Scotland)

Rachel Reeves becomes landlord after Downing Street move

CHANCELLOR Rachel Reeves has become a landlord after moving out of her London home to Downing Street.

Evening Standard

Giant boring machine for HS2 tunnel to Euston on site so don't stop line at Old Oak Common, say London bosses

They issued the warning amid growing hopes the high speed rail line will run into central London rather than ending at Old Oak Common

The Guardian - UK

The Tories are deluded to think they’ll be back in power in 2029. Here are three economic reasons why

Labour’s squandering of its political capital has given hope to the right. But Britain’s voters want a leftwing agenda, says Guardian economics editor Larry Elliott

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The National (Scotland)

Labour warned cuts plans are 'Liz Truss levels of economic vandalism'

LABOUR have been warned their plans to cut billions from government budgets are “Liz Truss levels of economic vandalism”.

The National (Scotland)

'Find a backbone': Anas Sarwar slated for broken promise on capital spending

ANAS Sarwar has been told to “find a backbone” after yet another clip of the Scottish Labour leader making a “broken promise” about policy…

The National (Scotland)

Anas Sarwar left red-faced over 'more capital investment' pledge

ANAS Sarwar has been called out for pledging more capital investment during the General Election campaign after it emerged ministers have been asked…

Evening Standard

Sadiq Khan to strike optimistic tone on HS2 Euston link as he urges more transport investment

‘When London builds, Britain benefits’, Mr Khan to tell ministers

The National (Scotland)

Rachel Reeves protester slams 'unacceptable violence' from Labour councillor

THE PROTESTER who was dragged out of Rachel Reeves’s speech at Labour conference by the neck has spoken out after it was revealed that the man…

The National (Scotland)

Labour councillor set to face investigation over grabbing Rachel Reeves protester

AN INVESTIGATION is set to be launched into the Labour councillor who aggressively dragged out a protester by the neck ...

The Guardian - UK

Treasury asking ministers to draw up billions of pounds of infrastructure cuts

Exclusive: departments asked to model cuts of up to 10% despite Rachel Reeves’ vow to invest in growth

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