The Latest Breaking News from Rachel Reeves

How Rachel Reeves might unlock £57 billion at the budget with a ‘simple’ fiscal rule change

Experts have urged the chancellor to consider tweaking a Labour manifesto pledge

The Independent UK · Oct 8, 2024

OPINION - Rachel Reeves's Budget dilemma just got harder

The financial markets show their teeth

Evening Standard · Oct 8, 2024

Shein’s UK profits double; Water companies penalised for poor performance; China targets EU brandy – as it happened

Rolling coverage of the latest economic and financial news, as UK gilt yields rise and water companies face paying £157m to customers

The Guardian - UK · Oct 8, 2024

OPINION - Why is it all going so wrong for Rachel Reeves?

The Chancellor faces scrutiny with her first Budget looming. Questions remain about her strategy and economic plans

Evening Standard · Oct 7, 2024

Reeves opts to not raise tax on pension contributions in October budget

Public sector unions had warned rise would hurt their members, erasing pay increases government has just agreed

The Guardian - UK · Oct 7, 2024

Pensioner couple suing UK government over losing their winter fuel payment scared to turn on cooker

Peter and Florence Fanning said that pensioners are now being ‘punished’ by the government

The Independent UK · Oct 7, 2024

Reeves facing unlikely alliance of private schools, unions and tax experts calling for VAT delay

Anger is growing over Labour’s plans to impose VAT on private school fees midway through the academic year

The Independent UK · Oct 7, 2024

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 · Oct 6, 2024

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 · Oct 6, 2024

Budget 2024: Five key tax takeaways at a glance

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

The Independent UK · Oct 5, 2024