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The Latest Breaking News from Rachel Reeves

Flight of the non-doms: how worried should Labour be about the super-rich leaving the UK?

Reports say wealthy elite are leaving over tax changes – prompting a possible rethink by Rachel Reeves – but hard data is tricky to find

The Guardian - UK

Voices: The bottom line? Britain simply can’t afford to impose a wealth tax

COMMENT: As battle lines are drawn within Labour over taxing the super-rich, Chris Blackhurst says that the government must resist Lord Kinnock's siren call to take a 2 per cent slice of asset values above £10 million – because the country's economic prosperity depends on it

The Independent UK

A wealth tax which would hit London hard is up to Chancellor Rachel Reeves, says minister

The Government is not ruling out new tax rises after a Labour revolt over welfare reforms blew a £5 billion hole in the Treasury’s spending plans

Evening Standard

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‘We’ve made progress’: environment secretary is upbeat despite Labour’s struggles

Steve Reed says changes to living standards are happening and will make a big difference to trust in government

The Guardian - UK

Starmer’s approval ratings at lowest level since becoming PM after welfare chaos

A More in Common poll also found seven in 10 voters think Sir Keir’s government is at least as chaotic as the Tories’ previous term

The Independent UK

Welfare U-turn makes spending decisions harder, Bridget Phillipson admits

A change in the two-child benefit cap is now less likely

The Independent UK

Conservatives will look to amend Government welfare Bill

Kemi Badenoch will pledge that the Tories are ‘now the only party committed to serious welfare reform’.

Evening Standard

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Rachel Reeves should be as open as possible about tax rises

THE INDEPENDENT VIEW: Editorial: The chancellor ought to take citizens into her confidence as she ponders her Budget choices. Rachel Reeves needs to explain the trade-offs behind the difficult decisions that she is about to make, if she wants people to support them

The Independent UK

David Lammy deploys army of top diplomats to kickstart economic growth and combat impact of Trump tariffs

Exclusive: With a failure to deliver economic growth leaving an estimated £18bn in Rachel Reeves’s budget, the use of senior diplomats to bolster engagement with business is just the latest part of a strategy to turn things around

The Independent UK

Raise taxes or this government will fail, Rachel Reeves’s former top adviser warns

Exclusive: Jim O’Neill warns that the chancellor will have to raise income tax, national insurance or VAT to fill the £5bn black hole left by the welfare climbdown

The Independent UK

Reform UK under fire for putting teenagers in charge of vital public services

Party has put youngsters in charge of hundreds of millions of pounds of spending at local authorities

The Independent UK

What we know about Rachel Reeves’ planned workplace pensions review

IN FULL

The Independent UK

Reform MP James McMurdock resigns whip over allegations of business impropriety

The MP said he resigned the Reform whip to protect the party but has denied any wrongdoing

The Independent UK

Rachel Reeves to announce review of workplace pensions contributions — here’s what it could mean

The chancellor will use her Mansion House speech to announce the overhaul

The Independent UK

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The Independent UK

The leadership rumours inside Labour that speak volumes about Starmer’s future

NEWS ANALYSIS: Voters are unconvinced they have seen much change after the ‘14 years of Tory failure’ that Starmer so often talks about. Every day that this sentiment is allowed to fester, the likelihood of a coup within the Labour Party increases, writes Millie Cooke

The Independent UK

Ukraine says it hit Russian airbase following huge drone strike

Ukraine said Saturday it struck a Russian airbase in the Voronezh region

Evening Standard

OPINION - The Prime Minister has a London problem

At the general election exactly a year ago, London voted heavily for a change of government, affirming a trend underway for more than a decade in which the capital has steadily become a more ‘Labour city’.

The Independent UK

Rachel Reeves refuses to rule out tax rises to cover scrapped welfare bill

Original welfare proposals had been part of a package expected to save up to £5 billion a year

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The Independent UK

It’s time to show us that things are going to get better, prime minister

THE INDEPENDENT VIEW: Editorial: Despite a tumultuous and, at times, disappointing first year in office, Keir Starmer remains the best person for the job, streets ahead of any alternative leader who might theoretically replace him. But now he needs to rewire his relationship with the British people

The Independent UK

A year of Keir: the first 365 days of Starmer in power

Three trade deals, five U-turns, 2.5 per cent of GDP on defence, eight ministerial resignations, 49 welfare rebels, record small boat crossings – the statistics behind Keir Starmer’s first year as prime minister explored by Alicja Hagopian and David Maddox

The Independent UK

We now know what Starmerism is – but the prime minister lacks an inspirational vision

NEWS ANALYSIS: As Sir Keir Starmer marks a year since his huge general election victory, he still has a lot to prove if he wants to continue being prime minister, writes David Maddox

Evening Standard

Reeves says welfare fallout ‘damaging’ and declines to rule out tax hikes

The Chancellor warned there would be ‘costs to what happened’ as she faced questions about how she would cover the shortfall left by concessions.

The Independent UK

Voices: Is London’s stock market in crisis?

COMMENT: There’s already been a mass exodus of investors as they gravitate towards the welcoming arms of New York, writes James Moore. But further decline in IPOs could do untold damage to the UK market

The Independent UK

John Rentoul answers your questions on Labour’s future – from welfare U-turn to Corbyn comeback

ASK ME ANYTHING: Chief political commentator John Rentoul answers your questions on Labour’s deepening welfare crisis, the rise of a Corbyn-Sultana breakaway party, and what it all means for Keir Starmer’s grip on government

Evening Standard

Stocks fade as tariff deadline looms large

US President Donald Trump said he plans to start sending letters informing trading partners of their tariff rates.

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