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The Latest Breaking News from Rachel Reeves

SNP calls on Chancellor to ‘help, not hammer’ families in Budget

Rachel Reeves is expected to introduce tax hikes in her announcement.

Evening Standard

Reeves braced for major Budget clash with businesses over minimum wage and tax rises

The chancellor is set to use her Budget to pin Labour’s hopes on tackling the cost of living while balancing the books by targeting the wealthy

The Independent UK

Budget 2025: Rachel Reeves to hammer London in tax grab on wealthy homeowners and millions of workers

The Chancellor’s plans will also see 260,000 children in the capital benefit from the lifting of the two-child welfare cap

Evening Standard

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Reeves says she is ‘pushing ahead with biggest drive for growth’ ahead of Budget

The Chancellor is set to deliver her second Budget on Wednesday, when she has warned she will raise taxes to fill a black hole in the public finances.

Evening Standard

UK budget to target cost of living crisis as Reeves battles to keep Labour MPs on side

Chancellor’s fiscal statement billed as decisive moment for fate of Starmer government as she tries to fill £20bn spending gap

The Guardian - UK

Streeting gives major pre-Budget speech on child poverty fuelling further leadership speculation

The health secretary’s intervention came on the eve of Rachel Reeves’ make-or-break budget

The Independent UK

This make-or-break Budget must match the chancellor’s fighting talk

THE INDEPENDENT VIEW: Editorial: She has broken records by becoming Britain’s first female chancellor, but Rachel Reeves’s bold reforms and her fealty both to her backbenchers and bankers risks unsettling the very people she needs onside

The Independent UK

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Business backlash as Reeves confirms minimum wage pay rise hike for millions of workers

The chancellor said the move would mean those on low incomes were ‘properly rewarded’ - but businesses warned the move could drive unemployment and hit economic growth

The Independent UK

Hospitality bosses hit out at "yet another" above inflation hike in minimum wage in 2026

It also comes as firms are still reeling from Reeves' £25billion raid on employers' National Insurance in last year's Budget.

Evening Standard

Millions of UK workers to get pay rise as Reeves plans increased minimum wage

Chancellor says people must be ‘properly rewarded for their hard work’ with 16- to 21-year-olds also in line for raise

The Guardian - UK

Increase in minimum wage rates announced

The Government says millions of low-paid workers will get a pay rise.

The Independent UK

B&Q owner holds firm – but others might struggle if a ‘softening’ retail market turns soggy

Kingfisher may be thriving, but its numbers mask a retail landscape that looks increasingly fragile as budget looms

The Guardian - UK

Rachel Reeves warned against ‘dire’ cuts to Motability in Budget by over 40 disability charities

Exclusive: Reeves told that cuts would ‘betray disabled people and steal our independence’

The Independent UK

What Budget rumours are doing to the FTSE 100

Banking stocks had a lift amid rumours the sector will be spared a tax hit

The Independent UK

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The Conversation

‘Mansplaining’ is different from other criticism – and Rachel Reeves is right to call it out

Ahead of delivering a consequential budget, Rachel Reeves, the chancellor of the exchequer, told the Times she was “sick of people mansplaining how to be chancellor to me”. She added: “I recognise that I’ve got a target on me. You can see that in the media; they’re going for me…

Evening Standard

Stocks rise and pound climbs as Budget rumours swirl

Chancellor Rachel Reeves is due to deliver her statement to the Commons on Wednesday.

The Guardian - UK

Rachel Reeves expected to scrap £300m in tax breaks for Motability scheme

Plan to remove relief from scheme that helps provide cars for disabled people likely to concern some Labour MPs

Fortune

Ultra wealthy are looking to leave the U.K. thanks to tax hikes—but the CEO of $1 billion tax platform says it’s their ‘social responsibility’ to stay

As Rachel Reeves plans to raise taxes in the U.K., Taxfix CEO Martin Ott admits ultrawealthy clients are eyeing an exit—but says it’s their “social responsibility” to stay.

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Evening Standard

London visitors to pay tourist tax under Rachel Reeves Budget plans

Rachel Reeves, who is set to deliver her Budget on Wednesday, has signed off measures that will give English cities and regions the power to charge tourists

Evening Standard

Help to Save scheme expected to be expanded and made permanent from 2028

An expansion of the scheme will help some parents and carers to build a savings buffer.

Evening Standard

Stormont ability to mitigate Budget decisions ‘very restricted’, O’Dowd says

Chancellor Rachel Reeves will deliver her autumn Budget on Wednesday.

The Guardian - UK

What to expect in budget 2025: tax, VAT, pensions, savings and more

Here’s what Rachel Reeves is tipped to announce after months of speculation

The Independent UK

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

Rachel Reeves plans stamp duty holiday for investors

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

Evening Standard

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.

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