The Latest Breaking News from Rachel Reeves

Reeves backed landlord licensing rules before own rent rule flout revealed

The chancellor previously backed the expansion of landlord licensing policy in her constituency

The Independent UK · Oct 29, 2025

Starmer faces calls for probe after Reeves admits falling foul of rental rules

The Chancellor did not obtain a rental licence when she put her south London home up for rent when she moved into No 11 Downing Street.

Evening Standard · Oct 29, 2025

Pound sinks against euro and dollar as tax rises loom and growth slows

Prospect of a tough budget is thought to have brought forward the likely date for a cut in interest rates to 3.75%

The Guardian - UK · Oct 29, 2025

Pound tumbles as markets take fright over Rachel Reeves' Budget woes with UK productivity downgrade

Sterling dropped to a two-and-a-half-year low against the euro before regaining some ground

Evening Standard · Oct 29, 2025

Pound suffers further falls as UK’s fiscal troubles set to deepen

The UK’s independent fiscal watchdog has reportedly cut its productivity forecast, deepening the challenging facing the Chancellor.

Evening Standard · Oct 29, 2025

Mortgage approvals hit nine-month high as borrowing costs ease further

Some 65,940 mortgages for house purchases were approved in September, about 1,000 more than in August.

Evening Standard · Oct 29, 2025

Santander urges ministers to intervene in UK car finance compensation scheme

Lender’s chief executive says redress proposals could affect jobs, supply chains and broader UK economy

The Guardian - UK · Oct 29, 2025

Fresh tax hikes top Budget fears among London small businesses

The percentage of owners predicting growth falls to 36%, lowest level since first quarter of 2021.

Evening Standard · Oct 29, 2025

Fresh blow for Reeves as house builders warn Labour will struggle to hit 1.5m homes target

The warning is likely to harm prospects for the OBR upgrading its forecast for economic growth from construction

The Independent UK · Oct 29, 2025

UK can ‘defy’ gloomy forecasts despite productivity problems, says Chancellor

Rachel Reeves argued that austerity, Brexit and the pandemic had left ‘deep scars’ on the UK’s economy.

Evening Standard · Oct 29, 2025