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The Latest Breaking News from Rachel Reeves

Rachel Reeves hints at tax rises in Budget as she heads to Riyadh in search of trade deal

The chancellor is widely expected to use the Budget to increase taxes once again, with the Institute for Fiscal Studies estimating she needs to find £22bn via tax rises or spending cuts to meet her self-imposed fiscal rule

The Independent UK

UK Supermarkets Warn Rachel Reeves: Tax Hike Would Bring 'Inevitable' Blow to Food Prices

UK leading supermarket chains have urged Chancellor Rachel Reeves to scrap a planned business rates surtax, warning it would drive up food prices and hit household budgets.

International Business Times UK

NHS needs extra £3bn, health bosses warn ahead of Rachel Reeves’ Budget

Warning comes as resident doctors are due to strike for five days in November

The Independent UK

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Sermons urge youth to take part in public affairs in Morocco after wave of protests

Imams around Morocco have read government-written sermons urging parents to involve their children in public affairs

The Independent UK

NHS leaders warn of longer waiting times if demand for extra £3bn not met

Key Labour pledge under threat as health service faces costs from redundancies, strikes and rising drug prices

The Guardian - UK

Almost two thirds of charities axe jobs and services over financial strain

Research by Rathbones found that 95% of charity executives in the sector are thinking about leaving.

Evening Standard

Publishing boss claims AI can help authors beat writer’s block

Nigel Newton noted that readers want to read books penned by well-known writers

The Independent UK

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Rachel Reeves heads to Saudi Arabia on trade deal mission as Autumn Budget looms

Trip comes amid speculation Ms Reeves could impose tax hikes in upcoming Budget

The Independent UK

Reeves to lead trade mission to Saudi Arabia amid human rights concerns

Ministers hope to secure a deal with the Gulf Cooperation Council that could add £1.6bn to the UK economy

The Guardian - UK

Rachel Reeves heads to Saudi Arabia in search of economic growth

The Chancellor will attend the Future Investment Initiative event and push for progress on a trade deal with the Gulf bloc.

Evening Standard

The Guardian view on the budget: what a Labour chancellor should really say

Editorial: Rachel Reeves needs her address to restore confidence, rebuild capacity and bury the tired orthodoxy that has held Britain back

The Guardian - UK

Supermarkets tell Reeves tax rises could push food prices higher

Households would ‘inevitably feel the impact’ of a surtax on business rates, say retailers in letter to chancellor

The Guardian - UK

Furious battle over Budget inside government as Starmer urged to stop mansion tax plan

Rachel Reeves is said to be seriously considering a mansion tax to fill an estimated £40 billion budget black hole and appease the left of the Labour Party

The Independent UK

Reeves heads into Budget with public finances in challenging state – Streeting

Health Secretary Wes Streeting said the economy was not ‘out of the woods yet’ ahead of Rachel Reeves’ November 26 Budget.

Evening Standard

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The Independent UK

Taxes must rise but taxes must be fair

THE INDEPENDENT VIEW: Editorial: A tax rise only on the rich will hurt growth and raise too little revenue – a broader rise in income tax would be fairer and more effective

The Guardian - UK

Do populists always crash the economy?

Argentina is counting the cost of its turn to Javier Milei. Politicians from Donald Trump to Giorgia Meloni and Nigel Farage will be closely watching what happens next

Evening Standard

Rachel Reeves wants to eat the rich, but London needs a better boost

As the super-rich take their money out of the capital, there are easy wins the Chancellor could take in her Budget, reports Jonathan Prynn

The Independent UK

UK supermarkets warn business rates rise could push up food inflation

A letter to Rachel Reeves has been signed by executives including at Tesco, Sainsbury’s and Aldi.

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The Independent UK

UK supermarket giants join up to warn business rates rise could push up costs

The plans are set to be confirmed in next month’s autumn Budget statement

The Independent UK

Rachel Reeves under pressure to target high earners in Budget tax raid

Exclusive: The chancellor is being pushed to break Labour’s manifesto pledge on not raising income tax

The Guardian - UK

Raise £12bn in budget by extending income tax thresholds freeze, says thinktank

Fabian Society says move ‘best available option’ for chancellor as she seeks to offset impact of weaker economic forecasts

The Independent UK

Rachel Reeves warned living wage hike will lead to job losses

The chancellor is looking at raising the living wage to at least £12.70 in her Budget

Evening Standard

London's spirit distilleries being 'crushed' by Government hikes in alcohol duty, Chancellor warned

In anticipation of the upcoming budget, the distillers call duty rises ‘crushing’

The Guardian - UK

Cutting cash Isa limit will not boost stock market, MPs warn Rachel Reeves

Treasury committee says move in November budget could push up mortgage rates instead

Evening Standard

Government should not cut cash Isa allowance, says Treasury Committee

The MPs said the focus should instead be on improving financial literacy and enhancing access to good investment advice and guidance.

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