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The Latest Breaking News from Rachel Reeves

Reform’s tales of wasteland Britain won’t work. There’s a far larger market for hope

Abundance is Rachel Reeves’s summer beach read, and with its optimistic ideas about energy and housing, it shows the left a possible way forward, says Guardian columnist Gaby Hinsliff

The Guardian - UK

Heathrow's £49 billion third runway expansion plan sparks major row as Sadiq Khan leads opposition to proposals

London Mayor says ‘all options on the table’ as campaigners hit out at proposals amid environmental and cost concerns

Evening Standard

We’re backing Scotland with billions in investment, says Reeves ahead of visit

The Chancellor vowed the UK Government will seize the ‘huge potential and opportunities that Scotland has to offer’.

The Independent UK

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Heathrow’s £21bn third runway plan revealed – and could be ready by 2039

The airport is seeking permission to open a new 3,500-metre runway to the north-west of its existing location

The Independent UK

Labour split as Sadiq Khan threatens to take government to court over Heathrow expansion

London mayor says he will consider ‘all options’ including suing the government

The Independent UK

Fears raised over future of Angelina Jolie and William Hague’s anti-sexual violence programme after Starmer’s aid cuts

Sir Keir Starmer’s foreign aid cuts have left the future of a scheme tackling sexual violence in warzones in doubt

The Independent UK

Starmer and Reeves should consider wealth tax, says former shadow chancellor

Anneliese Dodds urges government not to duck ‘big decisions’ in autumn budget

The Guardian - UK

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Businesses issue urgent tax warning to Rachel Reeves

IN FULL

The Independent UK

Tax rises would force up prices for customers, retailers warn Reeves

There are growing questions over how the government will fill a black hole in the public finances at the next budget

The Independent UK

Tax rises in autumn would force our prices up, retailers tell Reeves

Lobby group says shops have already had to put up prices and new increases would leave households struggling

The Guardian - UK

Bank of England governor blocks Rachel Reeves’s Revolut meeting

Concerns about chancellor’s involvement in independent process over fintech’s banking licence

The Guardian - UK

Gary Neville adds voice to business leaders’ condemnation of national insurance hike

IN FULL

The Independent UK

Gary Neville hits out at Rachel Reeves over national insurance hike

The former Manchester United star said the chancellor’s tax hikes were a ‘challenge’ for businesses

The Independent UK

HSBC boss says Rachel Reeves putting up bank taxes would harm UK growth

Georges Elhedery’s comments come amid speculation the chancellor could make such a move in autumn budget

The Guardian - UK

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Evening Standard

Rachel Reeves and Andrew Bailey clash over blocked Revolut meeting – reports

The Bank governor scrapped a three-way meeting involving the Prudential Regulation Authority, the Treasury and the fintech firm.

The Independent UK

Britain set for minor boost as world economy growth forecast upgraded despite Trump tariffs

The IMF said the global economy would be more resilient than it expected in May

The Independent UK

Barclays joins rival in cautioning against hiking bank taxes

The lender’s boss said raising taxes for banks and other important sectors was not consistent with the Government’s pro-growth aims.

The Guardian - UK

Rachel Reeves’s ‘save less to invest’ policy could be brilliant for ordinary Britons – or a disaster

People know about savings. But investing in stocks and shares? Not so much. Ministers have a duty to be clear about the benefits and risks, says Hilary Osborne, the Guardian’s money and consumer editor

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The Guardian - UK

Tin mining to return to Cornwall after Reeves makes £29m investment

Reopening of South Crofty mine, which closed in 1998, could create 1,300 jobs for region

Evening Standard

Reeves to visit Cornish tin mine due to be revived

The Chancellor said the £28.6 million National Wealth Fund investment to Cornish Metals could create up to 1,300 jobs.

The Guardian - UK

Starmer and Reeves should prepare UK for wealth tax, say top economists

PM could raise ‘tens of billions’ while positioning Britain as progressive, say Thomas Piketty and others

The Guardian - UK

UK is stuck in a ‘debt doom loop’, says top investor

Hedge fund chief Ray Dalio warns over public finances, saying Britain will be forced into spending cuts and tax rises

Evening Standard

How to stop the listings exodus that's blighting the City

Rachel Reeves has called for an end to the negativity that has seen millions of British families prioritise low-risk, low-return savings over higher-risk, higher-return investments.

The Guardian - UK

UK gambling industry launches summer charm offensive to head off tax rise

Exclusive: Lobbyists meet with ministers, and host a darts night with Labour advisers and MPs’ staff

The Guardian - UK

Time over for banker remorse? Labour must beware relying on the City for economic growth

Financial crisis of 2008 should not be forgotten as reinflation of banking industry could hurt other priority sectors

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