The Latest Breaking News from Rachel Reeves

Reeves ‘plots new property tax’ in Budget after income tax U-turn

Chancellor could bring in new levy on high-value properties and maintain the freeze on thresholds

The Independent UK · Nov 15, 2025

Reeves to freeze thresholds after ditching planned income tax hike – reports

The Chancellor is understood to have U-turned after improved forecasting from the Office for Budget Responsibility.

Evening Standard · Nov 15, 2025

Rachel Reeves’s U-turn on income tax is needless, cowardly – and wrong

THE INDEPENDENT VIEW: Editorial: The chancellor’s decision to break a manifesto pledge cannot so easily be flipped from yes to no, especially when there has been no change in the economy to warrant it. This is no way to run a government

The Independent UK · Nov 14, 2025

‘The speculation is ridiculous’: Readers vent frustration over Budget uncertainty

YOUR VIEWS: Our community is split over Rachel Reeves’ upcoming Budget, with many frustrated by speculation and uncertainty, while others defend her cautious approach

The Independent UK · Nov 14, 2025

Is there a strong economic case for dropping the two-child benefits cap? This is what the evidence tells us

As she carefully prepares the UK’s reaction to her second budget the chancellor, Rachel Reeves, has now hinted that she may be ready to scrap the two-child benefits cap.

The Conversation · Nov 14, 2025

Londoners who own expensive homes face being hammered in Budget after Reeves U-turn to dump income tax rise

A new ‘mansion tax’ or higher council tax bands for costly properties are measures the Chancellor could announce

Evening Standard · Nov 14, 2025

What are Rachel Reeves’s options after U-turn on income tax rates?

From freeze on income tax thresholds to reforming capital gains tax, we look at how much the alternatives could raise

The Guardian - UK · Nov 14, 2025

UK Budget process in ‘complete chaos’, says Scotland’s Finance Secretary

Reports suggest Chancellor Rachel Reeves has scrapped plans to hike income tax.

Evening Standard · Nov 14, 2025

Who could be behind the phantom briefing and the tax rise that wasn’t? Inspector Starmer is on the case

Chaos and ineptitude dog our poor PM. Perhaps the explanation lies (very) close to home, says Guardian columnist Marina Hyde

The Guardian - UK · Nov 14, 2025

Sarwar urges Reeves to scrap two-child cap in Budget

The Chancellor will unveil her Budget later this month.

Evening Standard · Nov 14, 2025