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The Latest Breaking News from Rachel Reeves

Labour makes surprise 25% corporation tax pledge in new City charm offensive

Party also vows to get more women into boardrooms, saying financial services can't thrive by 'ignoring the talents of half of the workforce'

Evening Standard

Starmer says Labour would level up workers’ rights in way not attempted for decades – as it happened

Labour leader tells conference that reforms ‘may not please everyone in room’

The Guardian - UK

Frustration in Labour ranks over Reeves’s refusal to reinstate bankers’ bonus cap

Shadow chancellor is warned that decision will be unpopular with voters, including those in ‘red wall’ seats

The Guardian - UK

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Dublin not expecting EU objections to new trade rules for Northern Ireland – as it happened

Irish foreign minister says he does ‘not anticipate any particular difficulties in respect of the EU side’

The Guardian - UK

Labour has no intention of reinstating cap on bankers’ bonuses, says Reeves

Shadow chancellor says party aims to be champion of a thriving financial sector if it wins election

The Guardian - UK

Iceland supermarket boss and ex-Tory donor backs Starmer for PM

Richard Walker says Labour leader understands how cost of living crisis puts ‘unbearable strain’ on families

The Guardian - UK

Thinking small may get Labour into No 10. It could also stop it staying there

Unlike Brown and Blair, who made bold changes early on, Starmer seems determined to offer as little as possible, says Guardian columnist John Harris

The Guardian - UK

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What state are government finances in and what legacy is Reeves likely to inherit?

Hunt has steadied the ship, but some may question whether there is really fiscal room for tax cuts

The Guardian - UK

Britain faces a 'nasty combination' of high tax and tight public spending after the next election, experts warn

Britain faces a “nasty combination” of high tax and tight public spending after the next general election, leading economists warned on Friday as doubts grew over Jeremy Hunt’s room for Budget giveaways.

Evening Standard

Labour to unveil plans for City at forthcoming business conference

Exclusive: more than 500 bosses from finance world will be in attendance at sold-out event in London

The Guardian - UK

Conservatives in chaos: is there a path to recovery for Rishi Sunak before next election?

The Rwanda shambles, critical byelections and a likely mauling in local polls in May, the PM’s troubles are mounting. Tory optimists do see a way to win, but admit it is narrowing

The Guardian - UK

Labour to hold crunch talks on future of £28bn green investment plan

Sources say no decisions taken but Keir Starmer could abandon plan if it is deemed damaging to election chances

The Guardian - UK

Casting their shadow: how Trump, Putin and AI dominated talk at Davos

Neither man was present at World Economic Forum where Labour impressed global business chiefs

The Guardian - UK

Labour Promises To Save The UK's Business Reputation From 'A New Age Of Insecurity'

As the next general election approaches, MP Rachel Reeves will introduce JP Morgan investors to Labour's plan to regrow the British economy.

International Business Times UK

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Evening Standard

From Glasto tickets to designer handbags: All the freebees MPs got last year

Looking to get Lana Del Rey tickets? It's easy, just become an MP

The Guardian - UK

Davos day two: Argentina’s Milei claims the western world is in danger from socialism – as it happened

Rolling coverage of the second day of the World Economic Forum’s annual meeting in Davos

The Guardian - UK

Labour will restore UK’s reputation for business, Rachel Reeves to tell Davos

Shadow chancellor will say party has put private sector investment at heart of growth strategy, at JP Morgan breakfast meeting

The Guardian - UK

Watch out, Rachel Reeves: the old guard is ganging up on your borrowing ambitions

The shadow chancellor had plans to increase borrowing to invest in infrastructure and more, but the weight of expert disapproval is wearing her down

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The Guardian - UK

Labour considers non-dom tax plan that would raise £1bn less than initial pledge

Party may allow non-domiciles to live in Britain for four years before ending tax break, it is understood

The Guardian - UK

Labour to focus on ‘blue wall’ seats as it kicks off byelection drive

Shadow chancellor to highlight increased mortgage costs as party targets Tory seats coveted by Lib Dems

The Guardian - UK

I believe taxation is a great public good, but I look at my tax return and ask: what are we paying for?

The system is broken: we pay as we should but watch the richest get off lightly while services get worse and worse, says Guardian columnist Frances Ryan

Evening Standard

Labour’s Rachel Reeves complains that her £86k salary has left her financially 'short'

The politician said she “winces” at her bank balance each month

The Independent UK

Jeremy Hunt unsure if government can afford more tax cuts

‘I don’t yet know if I can’, says chancellor when asked about pre-election tax giveaway talked up by PM

The Guardian - UK

As manifesto deadline day looms, five questions Keir Starmer must answer

Labour must decide its policies on key issues including taxes, green spending and the NHS before party’s election campaign begins

The Independent UK

Rishi Sunak tax cuts won’t ease burden, economists warn, as national insurance rate drops

The Institute for Fiscal Studies says personal taxes are rising despite much-hyped Tory tax cuts

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