The Latest Breaking News from Rachel Reeves

UK economy: GDP shrunk in October in fresh blow for Rachel Reeves

Economy contracted by 0.1% in October, according to the Office for National Statistics

The Independent UK · Dec 12, 2025

UK economy shrank unexpectedly before budget, data shows

GDP fell by 0.1% in October as activity failed to regain momentum after cyber-attack on Jaguar Land Rover

The Guardian - UK · Dec 12, 2025

MPs announce inquiry into work of Office for Budget Responsibility

Treasury committee will examine agency’s forecasting record and discover where it ‘needs to do better’

The Guardian - UK · Dec 12, 2025

Reeves admits Budget leaks were ‘extremely damaging’ but insists she wasn’t to blame

Chancellor hits out at ‘too many leaks’ and says inquiry is underway to root out the person responsible

The Independent UK · Dec 10, 2025

Reeves criticises budget leaks and says income tax decision taken ‘in partnership’ with PM

Chancellor defends budget but tells MPs there were ‘too many leaks’ and that and much of them were inaccurate

The Guardian - UK · Dec 10, 2025

William Hill owner considers sale after Budget gambling tax hikes

Debt-laden Evoke said the potential sale comes a number of gambling taxes were increased in last month’s Budget.

Evening Standard · Dec 10, 2025

William Hill owner Evoke considers sale or breakup after budget tax rises

Value of heavily indebted company has plummeted more than 90% since it bought chain of 1,400 bookmakers

The Guardian - UK · Dec 10, 2025

Reeves: PM and I decided ‘as a team’ not to hike income tax

The Chancellor also said a leak revealing she had dropped plans for an income tax rise was ‘incredibly damaging’.

Evening Standard · Dec 10, 2025

Transport is the lifeblood of London's economy - we need to get it right

The Thamesmead DLR extension is a powerful signal and confidence-builder in the market, but it must be the start of a joined-up approach

Evening Standard · Dec 10, 2025

Resign over Budget briefing chaos, Reeves urged as she orders leak inquiry at the Treasury

Chancellor Rachel Reeves has been urged to resign over the chaos in the run up to her financial statement

Evening Standard · Dec 10, 2025