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The Latest Breaking News from Rachel Reeves

Budget 2025: 1.7 million workers to pay more income tax due to Reeves’s ‘stealth tax’

It will mean £140 more in tax for hundreds of thousands of earners

The Independent UK

Chancellor ‘planning stamp duty holiday on newly-listed company shares’

Rachel Reeves is said to be announcing the move in Wednesday’s Budget to help buoy the City’s competitiveness for IPOs.

Evening Standard

Rachel Reeves plans stamp duty holiday for investors

The move is aimed at revitalising London’s flagging financial market

The Independent UK

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Rachel Reeves wants to achieve these five things with her Budget – it won’t be easy

BUDGET 2025: The chancellor took on her role wanting nothing more than economic growth, but her priorities have now dramatically changed, as political editor David Maddox explains

The Independent UK

Motability scheme explained: What it means for drivers ahead of Budget Day

Chancellor Rachel Reeves aims to cut £1 billion from the Motability scheme in the upcoming Autumn Budget.

Evening Standard

What Rachel Reeves could do to pension tax at the Budget

As the chancellor looks to bolster government funds, few options remain off the table

The Independent UK

Reeves’s plan to cut cash Isa limit could raise mortgage rates, say finance bosses

Building societies fear consumers will be put off from saving if chancellor’s budget announces a 40% reduction

The Guardian - UK

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How many children in your London borough will benefit from Reeves axing two-child welfare cap? Check our interactive map

Newham, Tower Hamlets and Hackney set to be the London boroughs where most families benefit from lifting of two-child welfare cap

Evening Standard

EasyJet boss warns against Budget move to hike flight taxes

Chief executive Kenton Jarvis said any increase would ‘dampen demand’.

The Independent UK

Tax expert reveals key reasons why Rachel Reeves’ mansion tax won’t work

Dan Neidle warns Rachel Reeves against a plan to use outdated valuations to force people to pay her planned mansion tax

The Independent UK

Farmers' protest in London: Everything you need to know about the event

The farmers’ protest is another so-called ‘go slow’ tractor march, with hundreds of vehicles taking to London’s streets.

Evening Standard

UK bank shares rise after reports of budget tax reprieve

NatWest, Lloyds and Barclays stock up amid expectation Rachel Reeves will spare lenders from further levy

The Guardian - UK

Your cash ISA options after Rachel Reeves’s Budget cut – and the exemption you need to know about

A cut to the cash ISA limit doesn’t have to have a negative impact on your savings or your future

The Independent UK

Rachel Reeves ‘right’ about misogyny in politics, says James Cleverly

Rachel Reeves is “right” about misogyny in politics, James Cleverly said while discussing the “abuse” he has seen his female colleagues endure.

The Independent UK

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Evening Standard

Why Keir Starmer's home will avoid Chancellor's 'mansion tax' set to hit thousands of Londoners

Rachel Reeves is expected to announce a surcharge – estimated at an average of £4,500 – on homes in the highest council tax bands in her Budget

International Business Times UK

Chancellor Rachel Reeves Signals Tax Rise on the Rich as She Eyes Mansion Tax to Bridge Deficit

Rachel Reeves plans a mansion tax on £2m-plus homes to raise revenue and close the fiscal gap while keeping Labour's pledges on income tax and VAT across UK law.

The Independent UK

‘Madness’ to increase welfare spending in Budget, says AO World boss

Chief executive John Roberts urged the Chancellor to cut spending and ‘make some difficult decisions’.

Euronews

What’s at stake in the UK Autumn Budget? Here are the points to watch

UK Chancellor Rachel Reeves faces the challenge of raising an estimated £20-30bn, with both her and the government’s credibility on the line.

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news in one place.

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The Independent UK

Milkshakes and lattes to be included in UK sugar tax in bid to tackle obesity

The government will remove the current exemption for milk-based beverages from the levy on sugary drinks

International Business Times UK

Limits to Motability Cars Imposed After Shocking Rise In PIP Recipients Without Visible Disabilities Applying For Luxury Vehicles

UK Motability reforms remove luxury cars, prioritise British-built models, and ignite debate over disability rights and welfare cuts.

Evening Standard

Reeves calls for Labour unity ahead of tax-raising Budget

The Chancellor is due to deliver her second budget in the Commons on Wednesday, in which she is widely expected to pull the lever on tax hikes.

The Guardian - UK

UK sugar tax to be extended to more soft drinks and milkshakes; markets rally ahead of the budget – as it happened

Government sets out plans to lower the threshold within the Soft Drinks Industry Levy to 4.5g per 100ml, down from 5g

The Independent UK

Rachel Reeves urges Labour MPs to back her Budget as she vows not to let critics ‘beat me’

The chancellor looked to rally the Labour troops, vowing she’ll still be chancellor in two years’ time if they back her plans for the economy

The Guardian - UK

Tuesday briefing: Inside the latest Lords scandal – and the future of the peers

In today’s newsletter: What the suspension of Richard Dannatt and David Evans tell us about standards and accountability in the Lords, and the prospect of reform

Evening Standard

Labour support in London at record low, new poll finds as Reeves Budget tax raid to hammer capital

Exclusive: Nigel Farage’s Reform UK surges to 23% in the capital, ahead of the Tories on 20%, with Labour on 32%

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