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The Latest Breaking News from Rachel Reeves

Steel billionaire Lakshmi Mittal quits London for Dubai over Labour tax shake-up

Mittal is Britain’s 7th richest individual and now plans to spend more time in the Gulf

Evening Standard

Budget 2025: how inflation and the two-child benefit cap have increased poverty

A visit to Kent reveals more people struggling with rising food bills and turning to food banks already suffering higher demand and fewer donations

The Guardian - UK

Minister blames ‘shifting sands’ amid criticism of pre-Budget ‘fiscal fandango’

Transport Secretary Heidi Alexander declined to deny that the Chancellor is planning a pay-per-mile scheme for electric vehicles.

Evening Standard

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Rachel Reeves promises to ‘grip the cost of living’ in autumn budget

Chancellor admits economy ‘feels stuck’ for many as she signals intention to freeze income tax thresholds

The Guardian - UK

Rachel Reeves, please, let’s make budgets boring again

Budgets need to be reassuringly dull with no repeat of this year’s long, drawn-out and chaotic buildup

The Guardian - UK

‘We are dreading what will come’: Inside the battle for Britain’s pubs as they brace for the Budget

After a bruising few years, the country’s pubs are preparing for the Budget and say they cannot afford more bad news, Dan Haygarth reports

The Independent UK

Reeves to scrap two-child benefit cap in Budget to appease Labour rebels

Keir Starmer and Rachel Reeves set to tack hard to the left in the Budget in a bid to prevent an attempt to force a change of leadership by Labour MPs

The Independent UK

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UK gambling firms spent ‘astronomic’ £2bn on advertising last year

Calls for Rachel Reeves to increase taxes in budget as estimate outstrips duties collected from online casinos

The Guardian - UK

Reeves pledges to ‘grip cost of living’ in Budget as tax hikes expected

Chancellor Rachel Reeves is grappling with weak economic growth, persistent inflation and an expected downgrade to official productivity forecasts.

Evening Standard

Rail fares freeze to save London commuters up to £350 in Reeves Budget cost-of-living giveaway

The Chancellor promised train passengers would “not pay a penny more” next year on season tickets, peak returns for commuters and off-peak returns between major cities

Evening Standard

Scotland’s Finance Secretary lays out demands ahead of Budget

Shona Robison said the ‘process has been chaotic and mired in damaging uncertainty’.

The Independent UK

Rachel Reeves pledges to support working families and reduce waiting times with looming Budget

The chancellor is widely expected to raise levies on Wednesday to help close a multi-billion pound spending gap

The Independent UK

Workers’ pensions expected to soak up costs if Reeves taxes salary sacrifice schemes

Reeves faces employer backlash over a rumoured raid on salary sacrifice schemes

The Independent UK

Relief for rail passengers as fare freeze in England announced for 2026

Chancellor will confirm the measure, intended to help commuters on expensive routes, in her budget speech

The Guardian - UK

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The Independent UK

Burnham heads list of candidates by Labour members to replace Starmer

The Greater Manchester mayor is one of four Labour politicians, including Angela Rayner, Ed Miliband and Wes Streeting, who Labour Party members would vote for to replace Keir Starmer, according to a new poll

The Independent UK

Reeves targets cost of living with rail fares freeze amid fears over Budget tax rises

The chancellor hopes measures to tackle the cost of living will offset anger over tax rises

The Guardian - UK

Reeves to announce £1.5bn boost in EV subsidies amid pay-per-mile concerns

Industry experts welcome extra incentives but fear a consultation on a mileage tax sends mixed messages

The Independent UK

Rachel Reeves finds £1.5bn to subsidise electric vehicles in net zero drive

The chancellor will take on the climate sceptics in the Tories and Reform with a push to help people buy EVs

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The Independent UK

Peers move to ban sex-selective abortions to ‘wreck’ decriminalisation law

Peers plan to push an amendment which would ban women having sex-selective abortions in a move campaigners believe is meant to wreck attempts to decrominalise terminations

The Independent UK

Facing facts on property tax: Rachel Reeves’s Budget options as she hunts for billions

BUDGET 2025: With Labour’s Budget imminent, the chancellor faces a £22bn hole and a narrowing set of promises on tax. Property, long the quiet corner of the system, may finally be in her sights. Here Sean O’Grady and Albert Toth analyse the options available to Reeves

The Independent UK

Senior Labour MPs demand Reeves U-turns on foreign cuts

Commons committee chairs and former ministers sign a letter demanding a roadmap to restore the aid budget in full amid fears there could be further cuts

The Independent UK

Voices: ‘Calling her Rachel from accounts is unfair and sexist’: Readers call out gendered attacks on Reeves

YOUR VIEWS: Many in our community have highlighted that much of the pre-Budget criticism aimed at the chancellor carries sexist undertones

The Guardian - UK

Will pay-per-mile raise Reeves money or drive people away from electric vehicles?

Need for new road taxes is clear – but there are concerns that pricing plan could stall transition away from petrol

The Guardian - UK

A make-or-break budget: inside the Treasury before Labour’s crucial day

From the outside, the run-up to Rachel Reeves’s announcement has looked chaotic, and many see the future of the chancellor and PM in the balance

Evening Standard

Rachel Reeves and the hospitality jobs bloodbath

Labour’s policies have dealt a huge blow to an industry that was already struggling — now thousands are paying the price, writes Jonathan Prynn

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