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The Latest Breaking News from Rachel Reeves

Bleak data out of Britain: Is the UK once again the sick man of Europe?

The label once used to describe the UK’s industrial decline in the 1970s is echoing anew as fresh data show the economy slipping into reverse. A 0.1% contraction in September and weak quarterly growth have revived doubts about Britain’s economic vitality amid global trade headwinds.

Euronews

Well-off London cyclists face being clobbered by 'Mamil Tax' in Rachel Reeves Budget

The Chancellor appears to have in her sights on so-called ‘Mamils’ - middle-aged men in Lycra

Evening Standard

Burberry bosses urge Rachel Reeves to reinstate tax-free shopping for tourists

British luxury brand urges chancellor to pursue ‘progressive policies’ in budget to increase spending sprees by foreigners

The Guardian - UK

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UK growth slows down to a crawl in Q3 ahead of crucial budget

Economic growth in the U.K. slowed down to a near standstill in the third quarter of the year

The Independent UK

Amid disappointing UK growth, how can Rachel Reeves escape the doom loop?

Stronger public finances require stronger economy, but large tax rises and spending cuts could squeeze activity further

The Guardian - UK

Housing secretary tells Labour MPs to vote down planning bill amendment

Amendment restricts protection for animals to allow faster house building

The Guardian - UK

PM prepared to ‘get rid’ of those responsible for briefing war, Miliband signals

Ed Miliband suggested that Sir Keir would sack anyone found to be responsible for the briefings, as the PM faces pressure to overhaul his No 10.

Evening Standard

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New blow for Reeves as economy stalls close to zero in run up to Budget

GDP inches ahead by just 0.1% in the third quarter in a grim set of figures that one City analyst said revived the spectre of recession

Evening Standard

UK economy grew by just 0.1% in third quarter after hit from JLR cyber-attack

Figure undershoots forecasts, with Jaguar Land Rover hack helping to pull September GDP down by 0.1%

The Guardian - UK

Labour leadership live: Starmer denies No 10 aides to blame for attack on Streeting

Concerns around Labour Party leadership deepens ahead of Rachel Reeves’s upcoming Budget

The Independent UK

Rachel Reeves to cut tax benefits for workers using salary sacrifice schemes to buy bikes

Chancellor expected to introduce new limit on how much can be spent on a bicycle through cycle to work scheme

The Guardian - UK

Starmer apologises to Streeting for briefing war and launches probe into source

The Prime Minister was forced to condemn briefings against his Cabinet after reports about a possible Wes Streeting coup.

Evening Standard

Property experts urge Rachel Reeves to abolish ‘sin tax’ of stamp duty in budget

Chancellor advised to replace levy with an annual property tax as Treasury considers overhaul of system

The Guardian - UK

Labour infighting puts chancellor’s budget plan to reassure bond markets at risk

It was hoped manifesto-breaking tax rises might bring down borrowing costs – but party turbulence is likely to spook investors

The Guardian - UK

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The Guardian - UK

A tax roadmap for electric cars

Letters: Paul F Faupel and Venetia Caine make suggestions about the chancellor’s idea of a pay-per-mile charge on electric cars

Evening Standard

Labour Traitors war: Who has been accused of plotting against the Prime Minister and why?

Sir Keir Starmer was forced to condemn ‘completely unacceptable’ briefings against his Health Secretary, Wes Streeting

The Independent UK

Kirstie Allsopp calls for stamp duty to be abolished in Reeves’ Budget

The Location, Location, Location presenter told a committee she believed the tax is ‘damaging’ housing stock

Evening Standard

London's unemployment hotspots revealed in interactive map as total hits 11-year high

London’s jobseeker benefit claimant rate is roughly 45% above the national average

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Evening Standard

Streeting row focuses attention on ‘toxic’ No 10 and Starmer’s leadership

Sir Keir Starmer was forced to condemn briefing against his Cabinet after reports about a possible Wes Streeting coup.

International Business Times UK

December Rate Cut Looms as Jobless Rate Returns to COVID 19 Level

The UK's rising unemployment rate and stubborn inflation suggest the Bank of England may cut interest rates in December, amid economic uncertainty.

Evening Standard

OPINION - Keir Starmer has lost street cred and popularity: here's the real reason why

The Prime Minister has been too busy catching flights to notice his MPs have caught mutinous feelings

The Guardian - UK

ONS to cut reports on health and crime to improve quality of core data

UK’s statistics agency announces ‘recovery’ plan after concerns raised over reliability of its data

Evening Standard

OPINION - Wes Streeting talks a good game - but could he deliver as PM if Starmer is toppled in coup?

NHS waiting lists have risen for three months in a row despite cutting them being Labour’s key promise and down to the Health Secretary to deliver

Evening Standard

The Standard podcast: London’s unemployment rate hits 11-year-high ahead of Autumn Budget

Listen here on your chosen podcast platform.

The Independent UK

Six big changes to expect from Reeves’ Budget and how they’ll impact your finances

Pensions, the cash ISA and more could all be set for notable alterations

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