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The Latest Breaking News from Rachel Reeves

Rachel Reeves considering rent freeze to limit Iran war fallout

Exclusive: Sources say chancellor is examining exceptional measures to protect household budgets

The Guardian - UK

Reform UK’s ‘national fuel tax protest’ in Whitehall stalls as barely anyone turns up

The protest was a far cry from the tractors, lorries, and vans expected to swarm Westminster in protest at Rachel Reeves’ fuel duty tax increases

Evening Standard

Reform UK bus and taxi the only vehicles at Jenrick’s ‘national fuel protest’ as march called off

Billed as ‘national fuel protest’, the demonstration was shared on senior Reform UK members’ social media

The Independent UK

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Minimal support for Reform UK fuel tax protests

The only vehicles which attended the demonstration were a double-decker bus and a taxi, both of which featured the party’s branding.

Evening Standard

London fuel tax protest LIVE: Demonstrators gather in Whitehall for Reform-organised 'national rally'

Reform’s deputy leader Richard Tice and London mayoral candidate Laila Cunningham join the Whitehall demo

Evening Standard

Unlucky chancellor? Iran shock hits Reeves just as UK seemed to turn corner

The economy and public finances were on the right path, bond yields were falling, interest rates likely to drop further … then came the US-Israeli attack

The Guardian - UK

The investment issues Labour must fix before the public can back its bid to join in

Education is vital but the campaign still leaves key gaps to overcome, Karl Matchett writes

The Independent UK

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UK failing to attract wealthy individuals after non-dom changes, report says

The number of billionaires is set to reach nearly 4,000 by 2031

The Independent UK

Boost for Reeves as government borrowing drops – but Iran war means worse is to come

Fears are mounting over a hit to the public finances from the Iran war

The Independent UK

Iran war hurting UK economy as consumer confidence falls; BP’s new chair suffers investor revolt – as it happened

UK consumer optimism drops for third month running, as people grow more worried about the economy and their personal financial situation

The Guardian - UK

Annual Government borrowing drops unexpectedly to lowest in three years

The ONS said public sector borrowing was estimated to have dropped £19.8 billion to a lower-than-expected £132 billion in the year to March.

Evening Standard

UK undershoots annual borrowing target by £700m

Figure hits three-year low but Iran war expected to blow hole in Reeves’s fiscal ‘headroom’

The Guardian - UK

Yes, retail investment needs a boost – but ‘Savvy Squirrel’ looks too tame

Ambition behind investing campaign is laudable, yet cutting stamp duty on share purchases, for example, would be much more savvy

The Guardian - UK

City firms bank on ‘Savvy Squirrel’ advertising campaign to push Britons towards investing

The campaign is part of government initiative to boost financial risk taking, amid fears UK growth is being stymied

The Guardian - UK

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The Independent UK

UK inflation jumped to 3.3 per cent in March. Here’s why

IN FULL

The Independent UK

Iran war drives UK inflation up to 3.3% in major blow for Reeves

Chancellor says Middle East crisis is ‘not our war, but it is pushing up bills for families and businesses’

Evening Standard

Trump's Iran war causes sharp UK inflation rise as headline rate jumps to 3.3%

Inflation jumped from 3% in February to 3.3% in March

The Independent UK

Starmer-Mandelson latest: PM could face Privileges Committee after claims he misled MPs

The Tories, SNP and Lib Dems are asking Sir Lindsay Hoyle to refer Sir Keir over the appointment of Lord Peter Mandelson - the PM has denied misleading MPs

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The Guardian - UK

UK politics: Matthew Doyle claims he never sought ambassador role – as it happened

Olly Robbins told MPs he had been asked to get the ex-No 10 aide a role and not mention it to then Foreign Secretary David Lammy

The Guardian - UK

Labour’s great green energy plan could be a legacy as vital as the NHS

Ed Miliband has a rare chance to do for the climate what Nye Bevan did for health: create something future generations will be proud of, says Guardian columnist Polly Toynbee

International Business Times UK

UK 'On Brink' Of Recession — 250,000 People Could Lose Jobs By Mid-2027 Due To Iran War

EY Item Club warns the UK will 'flirt with recession' as the Iran conflict oil shock pushes unemployment to 5.8 per cent and halves GDP growth forecast.

The Independent UK

William Hill owner Evoke under £225m takeover bid from casino giant

The betting giant’s owner effectively put itself up for sale late last year

Evening Standard

William Hill owner Evoke confirms £225m takeover approach from Bally’s Intralot

FTSE 250-listed Evoke is in discussions over a 50p-a-share approach made by the Greek lottery and gaming group.

The Guardian - UK

Bank bosses called to meeting with Reeves over impact of Iran war on UK economy

HSBC, Barclays, Lloyds, NatWest and Santander will this week discuss with chancellor how to limit effects of conflict

The Guardian - UK

Labour’s ‘crabwise’ approach to closer EU ties must address damage of Brexit

The damage to the economy dwarfs the upsides from the various non-EU trade deals the UK has struck since 2016

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