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The Latest Breaking News from Rachel Reeves

Reeves rejects plea for £1bn of extra cash to cover NHS redundancy payouts

Health secretary Wes Streeting lobbied behind the scenes for emergency funds to pay off 18,000 staff losing their jobs

The Guardian - UK

The Guardian view on Labour’s fiscal stance: it’s time to lay new foundations

Editorial: No chancellor has raised income tax since 1975, but voters may accept it if everyone contributes, the richest most of all, and the money pays for fairer, better services

The Guardian - UK

Autumn Budget: Timeline of key economic data before November 26

Key datasets are due to be published in the run up to Rachel Reeves’s statement.

Evening Standard

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read the most diverse news in one place.

Two-child benefit cap will be lifted in the Budget, hints PM Keir Starmer

‘You won't have to wait much longer to see what the measures are (to tackle child poverty)’ - Sir Keir Starmer

Evening Standard

Keir Starmer hints he could scrap two-child benefit cap in Budget

The prime minister said his government will be ‘taking a number of measures’ to tackle child poverty

The Independent UK

Starmer hints two-child benefit cap could be axed in Budget

Prime Minister Sir Keir Starmer said he was ‘personally committed to driving down child poverty’.

Evening Standard

Ed Davey calls for Robbie Gibb to be ousted from BBC board

The Liberal Democrat leader said Gibb, who was appointed to the board by Boris Johnson, should have ‘no role’ in appointing the new director general

The Independent UK

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Budget 2025: Two-child benefit cap scrapped – here’s what that will mean for parents

More than half a million families will benefit from the measure

The Independent UK

Rising unemployment could affect budget, interest rates, pay and more

Rachel Reeves will need to avoid depressing economy and hitting jobs while raising billions in extra tax

The Guardian - UK

Rachel Reeves Aims to Remove Two-Child Cap — Is It Fair to UK Taxpayers or a Lifeline for Large Asylum Families?

Rachel Reeves plans to scrap the two-child benefit cap, sparking debate over fairness, cost to taxpayers and its impact on child poverty in the UK.

International Business Times UK

Half of employers could raise prices if cost of hiring goes up in Budget

Many businesses have been hit by rising employment fees, packaging costs or rates relief ending this year

The Independent UK

Jobless rate hits highest since early 2021 amid ‘weakening’ labour market

The ONS said the unemployment rate rose to 5% in the three months to September, up from 4.8% in the three months to August.

Evening Standard

London unemployment hits 11-year high as Reeves National Insurance rise batters pubs, shops and hotels

Grim jobless figures make a December interest rate cut from the Bank of England a near certainty

Evening Standard

UK unemployment rises to 5%, the highest level in four years

ONS says jobs market worsening before budget, as HMRC reports falling number of workers on firms’ payrolls

The Guardian - UK

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The Guardian - UK

A break with tax tradition in budget would be welcome

Letters: Prof Stephen Caddick says voters will swallow Rachel Reeves’s expected tax rises if Labour can show that it has a plan, in response to an article by Martin Kettle. Plus letters from Brian Keegan, Fawzi Ibrahim and Nick Floyer

The Guardian - UK

Rachel Reeves signals plan to remove two-child benefit cap in budget

Chancellor understood to be preparing to fully reverse measure, which would cost over £3bn but could lift 350,000 children out of poverty

Evening Standard

FTSE 100 at new high amid US shutdown optimism

The FTSE 100 Index closed up 1.1% at 9,787.15.

Evening Standard

Please Rachel, put businesses out of their misery and get on with the Budget

Businesses are paralysed by fear about costs, tax and the future. The economy is in suspension.

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The Independent UK

Rachel Reeves hints at lifting two-child benefit cap at Budget

The chancellor said it was important not to let the ‘costs to our economy in allowing child poverty to go unchecked’

Evening Standard

Labour's flagship manifesto pledge on tax to be ripped up, Reeves makes clear ahead of Budget

The Chancellor said sticking to Labour’s manifesto commitments would mean ‘deep cuts’ to capital spending, something she indicated she will not do

The Independent UK

Reeves signals manifesto-busting Budget will hike taxes

Rachel Reeves said sticking to Labour’s manifesto commitments would mean ‘deep cuts’ to investment, something she indicated she will not do.

International Business Times UK

Pensioners at Risk: Reeves Considers £6bn Tax Hike Amid Calls for Five-Year Payout Guarantee

Chancellor Rachel Reeves is tipped to target pensioners with a £6 billion tax hike, amid calls for a fairer, more secure state pension payout system for UK retirees.

The Guardian - UK

Reeves suggests two-child benefit cap will fully go, saying children in big families should not be ‘penalised’ – as it happened

Chancellor interviewed on Radio 5 Live and says it’s unfair to penalise children in bigger families

Evening Standard

Reeves to hammer London and South East with 2.8m facing Budget blow from 2p income tax rise

The Chancellor has been hit by a Labour revolt over breaking the party’s manifesto by raising income tax

The Independent UK

Call for people who reach state pension age to be paid for five years even if they die

Sir Steve Webb, who was pensions minister when the triple lock was introduced, has urged Rachel Reeves to implement a ‘minimum guaranteed payout’ of five years

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