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The Latest Breaking News from Rachel Reeves

Rachel Reeves hints at lifting two-child benefit cap at Budget

The chancellor said it was important not to let the ‘costs to our economy in allowing child poverty to go unchecked’

The Independent UK

Labour's flagship manifesto pledge on tax to be ripped up, Reeves makes clear ahead of Budget

The Chancellor said sticking to Labour’s manifesto commitments would mean ‘deep cuts’ to capital spending, something she indicated she will not do

Evening Standard

Reeves signals manifesto-busting Budget will hike taxes

Rachel Reeves said sticking to Labour’s manifesto commitments would mean ‘deep cuts’ to investment, something she indicated she will not do.

The Independent UK

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Pensioners at Risk: Reeves Considers £6bn Tax Hike Amid Calls for Five-Year Payout Guarantee

Chancellor Rachel Reeves is tipped to target pensioners with a £6 billion tax hike, amid calls for a fairer, more secure state pension payout system for UK retirees.

International Business Times UK

Reeves suggests two-child benefit cap will fully go, saying children in big families should not be ‘penalised’ – as it happened

Chancellor interviewed on Radio 5 Live and says it’s unfair to penalise children in bigger families

The Guardian - UK

Reeves to hammer London and South East with 2.8m facing Budget blow from 2p income tax rise

The Chancellor has been hit by a Labour revolt over breaking the party’s manifesto by raising income tax

Evening Standard

Call for people who reach state pension age to be paid for five years even if they die

Sir Steve Webb, who was pensions minister when the triple lock was introduced, has urged Rachel Reeves to implement a ‘minimum guaranteed payout’ of five years

The Independent UK

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Welcome to 21st-century politics: a bitter revolt against power that will consume Labour and the Tories

A mood of turbulence and insurgency against the two main parties has been building for years, says Guardian columnist John Harris

The Guardian - UK

The bond market is wrong. Reeves should not cut welfare to placate the City

Keeping the markets on side is the chancellor’s priority but it’s not an easy task given their simplistic, misplaced views on welfare cuts

The Guardian - UK

Shona Robison may ‘potentially revisit’ Scottish taxes in response to UK Budget

The Finance Secretary said the Scottish Government had a ‘very limited’ set of levers to respond.

Evening Standard

Developers met ministers dozens of times over planning bill while ecologists were shut out

Exclusive: Leading ecologists say warnings over threat to wildlife have been ignored in drive to build 1.5m new homes

The Guardian - UK

Scottish Finance Secretary requests urgent meeting with Chancellor before Budget

Shona Robison has asked to meet Rachel Reeves where she will set out her three tests for the upcoming Budget.

Evening Standard

How could Rachel Reeves increase income tax in her Budget – and what would it mean for you?

Chancellor reportedly tells watchdog she intends to increase personal tax in one of several ‘major measures’ planned for Budget at end of month

The Independent UK

Employee pension contributions ‘to be targeted in Budget’

IN FULL

The Independent UK

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The Guardian - UK

How might Reeves increase income tax – and what does it mean for you?

The budget could involve a range of rises – here’s how they would stack up for different levels of income

The Guardian - UK

Cutting home insulation funding will imperil UK’s climate goals, Reeves told

Energy firms and charities urge chancellor to avoid short-term fix that could also harm low-income households

The Independent UK

Stuart Machin: ‘We turned M&S around – Rachel Reeves’s Budget could undo our good work’

Having made the high street stalwart fashionable again and steered its 32 million customers through one of the worst ever cyber attacks in the UK, the CEO is looking forward to some Christmas cheer. There is just one dark cloud on the horizon, he tells Geordie Greig

The Independent UK

Starmer reportedly facing plots to oust him as Labour welcomes back rebel MPs

New intake of Labour parliamentarians among those allegedly discussing mechanics of future coup

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Evening Standard

Starmer said to be facing plots to oust him, as Labour welcomes back rebel MPs

The new intake of Labour parliamentarians are among those said to be discussing the mechanics of a future coup, according to reports.

The Independent UK

Reeves ‘targets tax raid on employee pension contributions at Budget’

The move would offer a small boost to the battered public finances, mostly affecting high earners

The Independent UK

Labour cannot afford many more weeks like this one

THE INDEPENDENT VIEW: Editorial: Starmer’s government has been busy emulating the ‘chaos and confusion’ that characterised the final days of the last Conservative administration, ahead of a Budget that will be profoundly depressing. If Labour is hoping to revive its fortunes, it will need to get a grip

The Independent UK

Just one in five voters approve of Reeves breaking manifesto tax pledge at Budget, new poll shows

Exclusive: The government must provide a positive vision for change if it wants to win the public’s backing for breaking promises on tax rises

Evening Standard

Council tax hikes: Thousands of Londoners to pay for first time while some face bills doubling

Kensington and Chelsea is expected to follow in the footsteps of Wandsworth, Westminster and Hackney and double council tax bills for some home owners in the borough

The Guardian - UK

‘A job is like finding a needle in a haystack’: how Dudley became centre of UK’s youth jobs crisis

Almost one in five school-leavers in West Midlands town are not in education, employment or training and chancellor is under pressure to deliver promised ‘youth guarantee’

The Independent UK

Labour deputy leader’s views on party policy are ‘irritating’, says Labour peer

Thangam Debbonaire accused Lucy Powell of ‘giving a running commentary and undermining’ the government

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