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The Latest Breaking News from Rachel Reeves

Reeves considering new property tax on houses worth more than £500,000

The levy could be rolled out in this parliament for owner-occupied homes

The Independent UK

Kirstie Allsopp accuses Rachel Reeves of 'punishing' homebuyers as Chancellor 'mulls new property tax'

The Treasury is reportedly mulling plans to raise money from a tax on the sale of homes worth more than £500,000

Evening Standard

Treasury ‘looking at’ new property taxes to replace stamp duty

Chancellor Rachel Reeves will unveil any changes to the Government’s tax policy at a fiscal event.

The Independent UK

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Larger families could gain more than £20,000 if Labour scraps two-child benefit cap

Conservative critics say the two-child cap is essential to preventing families on benefits from receiving packages worth more than the minimum wage

The Independent UK

Voices: Will a ‘war on newts’ get Britain building again?

COMMENT: The chancellor hopes that by bulldozing specious environmental protections with a new test based on the benefits of building, the construction industry can power the economic recovery – or is that just batty beyond belief, asks Chris Blackhurst

The Independent UK

Reeves considers replacing stamp duty with new property tax

Exclusive: Treasury examines options including tax on homes sold for more than £500,000 as well as overhaul of council tax

The Guardian - UK

Reeves eyes environmental protection cuts to boost construction

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The Independent UK

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Reeves launches fresh war on bats and newts to speed up development

The Treasury is reportedly looking at major reforms, making it more difficult for wildlife concerns to hold up developments

The Independent UK

Rachel Reeves failed to raise Grangemouth with refinery owner days before closure

RACHEL Reeves failed to raise Grangemouth oil refinery days before it was set to close in a meeting with owner Sir Jim Ratcliffe, it has been…

The National (Scotland)

Want more productivity, Rachel Reeves? It’s time to embrace Mancunian swagger

Manchester is closing the gap on London, with public money having helped to ‘crowd in’ a lot of private investment

The Guardian - UK

A UK headline wealth tax? It may be simpler to put up existing taxes

Amid party divisions and issues with data, pulling existing tax levers could be a more politically palatable option

The Guardian - UK

OPINION - We need to do more to make the rich feel at home in London (yes, really)

Leafing through the programme at the theatre on Saturday night, the eyes were drawn as they usually are, to the section at the back where they list the benefactors. As ever, it was a question of seeing how many of them were familiar. But on this occasion, there was an…

Evening Standard

Could a wealth tax work in the UK? A visual guide

Rachel Reeves is under pressure to consider a new levy to help balance the books. We look at her options

The Guardian - UK

How Spain put up wealth taxes – without chasing away the billionaires

Amid calls for Rachel Reeves to bring in a new levy for the super-rich, Madrid offers lessons for policymakers

The Guardian - UK

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The Conversation

What’s the secret to fixing the UK’s public finances? Here’s what our panel of experts would do

Unexpected growth in the UK economy isn’t enough to detract from the gaping hole in the country’s public finances. Speculation is ramping up about what steps the chancellor of the exchequer, Rachel Reeves, might take to plug the gap come the budget in autumn – and there are no shortage…

The Independent UK

Tractor tax more likely to hit working farmers than wealthy landowners, think tank tells Reeves

Labour chancellor warned over her planned inheritance tax raid on farms

The Guardian - UK

Online fashion retailer Shein’s UK sales leap by a third to more than £2bn

Profits rise 56% to £38.2m in 2024 as company overtakes British rival Boohoo and closes in on Asos

The Guardian - UK

Farmers ask for inheritance tax meeting with Rachel Reeves

NFU welcomes fresh evidence that planned changes may achieve their stated goal

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The Independent UK

Gaucho restaurants CEO issues stark warning to Reeves over tax hikes

More than 80,000 jobs in the sector have disappeared since April’s National Insurance Contributions rise

The Independent UK

Voices: So the economy isn’t shrinking… but when will we feel any benefit, chancellor?

COMMENT: A 0.3 per cent rise in GDP is an unexpected filip for Rachel Reeves at the end of her first year in charge of the British economy, which is now the strongest in the G7 – but it could be bad news for those hoping to get a new…

The Guardian - UK

UK tax data reportedly suggests claims of non-dom exodus overblown

HMRC figures appear to indicate departure of high net worth people is in line with OBR predictions, report says

The Guardian - UK

Economic bounceback may be under way but Reeves cannot afford to relax

Growth of 0.3% is a positive sign but the chancellor still has major difficulties to confront

Evening Standard

Reeves says rulings on tax must wait for Budget amid inheritance tax speculation

The Chancellor said that her priority was getting ‘our economy firing off all cylinders’.

The Guardian - UK

A policy that benefited the richest and cost the UK £100bn: it’s long past time to end the fuel duty freeze

Successive chancellors have steered clear of increasing taxes for motorists for 15 years, but this should be a no-brainer for cash-strapped Rachel Reeves, says Guardian columnist Larry Elliott

The Guardian - UK

UK economy grew despite Trump tariffs causing three-year low in US goods exports – business live

Live, rolling coverage as surprise GDP acceleration in June helps quarterly output beat expectations, while eurozone industrial production slumps

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