The Latest Breaking News from Rachel Reeves

Fear of facing the future has British politics stuck in the past

Keir Starmer and Rachel Reeves claim to be dealing with the world as it is, but seem to yearn for a world that has disappeared, says the Guardian columnist Rafael Behr

The Guardian - UK · Dec 3, 2025

Keir Starmer to face PMQs amid continued Budget questions

The OECD has warned tax hikes and reduced spending will act as a ‘headwind’ to the UK economy over the next two years.

Evening Standard · Dec 3, 2025

Government urged to review farming inheritance tax plans after Commons vote

Backbenchers argued the measure failed to tackle "abuse by the celebrities and the billionaires" who buy farmland to avoid paying a full inheritance tax bill

The Independent UK · Dec 2, 2025

DWP chief paves the way for more benefit cuts as Starmer warned over spending

The OBR projects that Labour has added £11bn on to public spending – largely to pay for welfare reversals

The Independent UK · Dec 2, 2025

Reeves and Starmer are a two-for-one deal – if she goes, he goes. What a cheering thought

It’s week two of budget black-hole gate. When will it all end? Probably after the May elections, says Guardian columnist Marina Hyde

The Guardian - UK · Dec 2, 2025

Labour warned of fresh economic hit as Brexit accelerates high-skilled ‘brain drain’ from UK

‘None’ of the Labour chancellor’s measures will ‘have a material effect’ on growth, Richard Hughes, the chair of the OBR, has said

The Independent UK · Dec 2, 2025

Labour now less trusted on the economy than Liz Truss, damning new poll finds

Asked who they would trust with the economy, 10 per cent of people said Labour – fewer than those who said they would trust Liz Truss

The Independent UK · Dec 2, 2025

OBR complained to Treasury before budget about leaks spreading ‘misconceptions’

Official tells MPs there was lots of information appearing in the press that ‘wasn’t particularly helpful’

The Guardian - UK · Dec 2, 2025

OBR confronted Treasury about ‘unhelpful’ policy leaks before Reeves’ Budget

The economy watchdog forced to deny being ‘at war’ with Treasury after row over state of Britain’s public finances

The Independent UK · Dec 2, 2025

UK growth facing headwinds from tax hikes and spending cuts – OECD

The OECD said growth will slow to 1.2% next year, before edging up to 1.3% in 2027, with ‘substantial’ downside risks from fiscal tightening.

Evening Standard · Dec 2, 2025