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The Latest Breaking News from Rachel Reeves

DLR extension to Thamesmead 'significantly' more than £1.5bn as Abbey Wood link is ruled out

City Hall jobs still on the line despite mayor Sadiq Khan receiving more money than expected from Chancellor Rachel Reeves

Evening Standard

The FTSE at 10,000: a missed opportunity for some marketing razzmatazz

If Rachel Reeves and the London Stock Exchange want to encourage investing, they should have milked this moment

The Guardian - UK

Spring statement to take place on March 3, Rachel Reeves tells MPs

The Chancellor said the Government only plans to deliver ‘one major fiscal event a year’.

Evening Standard

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read the most diverse news in one place.

UK credit card borrowing rises at fastest annual rate in almost two years

Bank of England says individuals borrowed extra £2.1bn in consumer credit in November

The Guardian - UK

Swinney says ‘variety of tactics’ could be used to win second independence vote

The Holyrood elections take place in May.

Evening Standard

Nigel Farage’s Reform UK to win eight seats in London at next General Election as Labour implodes - new poll

Full list of constituencies in the capital set to change hands in 2029, according to new survey

Evening Standard

Will 2026 be a good year to buy or sell a home? The experts weigh in

Looking to move home in the new year? Property experts share their advice

Evening Standard

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Collapse of ‘zombie’ UK firms forecast to fuel unemployment in 2026

Businesses being hit by rising cost of interest rates, energy costs and wages, says Resolution Foundation

The Guardian - UK

What support is Labour promising on the cost of living in 2026?

The prime minister says the UK will begin to feel a ‘sense of hope’ in 2026 – here’s what to expect

The Independent UK

FTSE 100 smashing through 10,000 mark hailed by Rachel Reeves as vote of confidence in UK economy

The optimistic news came as Labour is hoping for economic growth ahead of crunch local elections in May

Evening Standard

Uber rewrites contracts with drivers to avoid paying UK’s new ‘taxi tax’

Hailing app will now act as agent rather than supplier outside London, avoiding VAT requirement

The Guardian - UK

Why Rachel Reeves’ stealth taxes are hitting workers hardest

IN FULL

The Independent UK

Mini-revival in London IPOs is a relief but return of confidence is slow

Payments firm Wise snubbed the UK in 2025 but the RAC and software giant Visma are forecast to float this year

The Guardian - UK

New rule hailed as huge boost for black cab drivers: ‘It is a landmark step for fairness’

The Treasury said online minicab firms were “illegitimately using a niche scheme to avoid tax”

The Independent UK

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The Independent UK

Reeves stealth taxes ‘hammering’ workers while pensioners and benefits claimants ‘better off’

Labour chancellor’s freeze on tax thresholds will mean a worker currently earning £50,000 would be £505 worse off by 2030-31, analysis finds

International Business Times UK

Keir Starmer's 'Year Of Proof' Promise Blasted As Dishonest By Fed-Up Voters, Becomes 'Least Popular PM Ever'

Labour's broken promises and tax betrayals have made Starmer Britain's least popular PM. Discover why voters reject his optimistic rhetoric amid rising despair and economic decline.

The Independent UK

Worst investment levels in the G7 ‘should ring alarm bells in Downing Street’

Chancellor Rachel Reeves accused of driving down business confidence with ‘broken commitments’

The Guardian - UK

Zack Polanski offering voters fantasy solutions, says head of Fabian Society

Joe Dromey, head of the Labour thinktank, urges his party to take on the ‘twin populisms’ of Reform UK and the Greens

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The Guardian - UK

Five charts that explain the global economic outlook for 2026

Inflation is predicted to cool but uncertainty over AI-driven growth and trade policy poses risks in the year ahead

The Guardian - UK

UK consumers still reluctant to spend going into 2026, KPMG survey finds

Combination of concern about economy and household cost pressures will continue to limit spending, report suggests

International Business Times UK

Rachel Reeves Budget Update: Why UK Holidaymakers Face 'Inevitable' Airfare Hikes

UK holidaymakers face soaring ticket prices as regional airports warn 'unprecedented' business rate hikes will push costs onto passengers, doubling some tax bills.

Evening Standard

In Pictures: Trump, tears and taxes feature in the best political images of 2025

The Press Association’s photographers captured some extraordinary moments in UK politics throughout the year.

The Independent UK

The key moments that could ‘decide fate of Keir Starmer’ next year

Lord Robert Hayward has warned of a number of heavy Labour defeats in 2026

Evening Standard

Sadiq Khan boosts funding of 'bounty hunters' in new crackdown on council tax and business rates

Mayor allocates more money for council debt collectors - as council tax bills rise 5% and pub backlash against soaring business rates continues

The Guardian - UK

U-turn on inheritance tax for farmers ‘snuck out’ to avoid scrutiny, say Tories

Victoria Atkins says announcement to raise tax threshold from £1m to £2.5m days before Christmas ‘seems very odd’

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