The Latest Breaking News from Rachel Reeves

Reeves to appoint Covid corruption tsar to claw back billions of waste

Chancellor understood to believe £2.6bn of public money lost to fraudsters during pandemic could be recouped

The Guardian - UK · Jul 22, 2024

Labour’s VAT on private schools could come as soon as January

The planned hike to private school fees could be coming sooner than expected

The Independent UK · Jul 22, 2024

What is the two-child benefit cap? The controversial policy explained as Labour comes under pressure

Rachel Reeves says the government can’t afford to scrap the 2017 Conservative policy

The Independent UK · Jul 22, 2024

Britain's Treasury chief vows to run the economy with 'iron discipline' amid demands for pay raises

Britain’s new Treasury chief says she will run the economy with “iron discipline.”

The Independent UK · Jul 21, 2024

Growing UK’s services-based economy was never going to be easy

High interest rates are needed to reduce wage inflation but productivity improvements are harder to chisel out

The Guardian - UK · Jul 21, 2024

Rachel Reeves doubles down on refusal to scrap two-child benefit cap

Scrapping the policy would lift an estimated 300,000 children out of poverty

The Independent UK · Jul 21, 2024

Reeves hints public sector workers could get above-inflation pay rises

Independent pay review bodies for teachers and NHS staff have reportedly advised increases of about 5.5%

The Guardian - UK · Jul 21, 2024

Chancellor Rachel Reeves promises ‘big bang’ for pensions in bid to boost growth

Pensions minister Emma Reynolds will lead a review of the pensions landscape

The Independent UK · Jul 21, 2024

Rachel Reeves signals she will give inflation-busting pay hikes for public sector workers

The chancellor has promised a decision this month on whether teachers and NHS staff will be given a recommended 5.5 per cent pay hike

The Independent UK · Jul 21, 2024

Chancellor promises ‘big bang’ for pensions in bid to boost growth

Pensions minister Emma Reynolds will lead a review of the pensions landscape.

Evening Standard · Jul 21, 2024