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The Latest Breaking News from Rachel Reeves

Scrapping non-dom regime could leave Rachel Reeves with £4 billion black hole, experts warn

The CEBR suggests that if there is an exodus of non-doms, Chancellor Rachel Reeves’ £9.9 billion spending buffer could be cut in half

Evening Standard

Cash Isas: Rachel Reeves pauses plans to reduce amount savers can put in

Chancellor, who had been expected to announce changes next week, faced backlash over move

The Guardian - UK

Voices: The economy has shrunk yet again – but it’s not all doom and gloom...

COMMENT : The hangover from Trump’s tariffs at the start of the year is proving tougher to shake than expected, writes James Moore – but there is a slight silver lining

The Independent UK

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Digested week: Reeves’s tears and standing room only for Macron’s Westminster speech

Crying in the Commons is not unusual – unless the chancellor is doing it – as attention turns to Trump’s state visit

The Guardian - UK

Reeves pauses cash ISA changes after backlash

The annual limit is £20,000 per person but that could still change amid a push for greater investment

The Independent UK

Rachel Reeves U-turns on cash Isas changes following pushback, reports say

THE chancellor has U-turned on proposed plans to make changes to cash Individual Savings Accounts (Isas), according to reports ...

The National (Scotland)

Cash Isa limits set to be left untouched at next week’s Mansion House speech

It is understood that Chancellor Rachel Reeves will focus on new plans to provide consumers with the information and support they need to invest.

Evening Standard

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Fall in UK GDP puts focus back on expectations of tax rises in autumn budget

Depressing data comes as Rachel Reeves and her team were daring to hope business confidence was recovering

The Guardian - UK

'Ticking tax timebomb' warning as UK economy shrinks 0.1% in May in fresh blow to Rachel Reeves

The City had expected a 0.1% rise in GDP

Evening Standard

Rachel Reeves to try to reassure City investors after unexpected UK GDP fall

Chancellor’s Mansion House speech to cite ‘opportunity’ in attempt to shrug off anaemic economic performance

The Guardian - UK

Macron and Starmer share Larry the cat joke during Downing Street family photo

Watch as Emmanuel Macron, Sir Keir Starmer and Rachel Reeves joke about Larry the cat during a family photo at No 10.

The Independent UK

HMRC issue winter fuel payment scam warning after thousands targeted

Fraudsters have been targeting vulnerable people using texts and phishing websites

The Independent UK

Winter fuel payment scam warning after HMRC receives over 15,000 reports in June

Last month, HMRC acted to remove 4,600 fake websites linked to winter fuel payments.

Evening Standard

Rachel Reeves is the only one grinning wildly at Keir and Kemi’s dreary display

Kemi thinks the Tories left the country in fine shape and Labour have ruined it. Keir thinks the opposite. Yawn

The Guardian - UK

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The Independent UK

Starmer opens the door for stealth tax extension as he tries to balance books

During a fiery PMQs, Keir Starmer ruled out increases to income tax, VAT and national insurance – but could not answer questions on wealth taxes or a freeze on tax thresholds

Evening Standard

Special UK visas would carry 'national security risks', Rachel Reeves is warned

The Chancellor is reportedly considering introducing a special visa for rich foreigners who could invest in Britain

Evening Standard

Meta opens Cambridge lab as part of AI glasses expansion

It comes amid reports the Facebook and Instagram owner has purchased a minority stake in Oakley and Ray-Ban owner EssilorLuxottica SA.

Evening Standard

Building societies see jump in cash Isa applications amid speculation over limit

Reports have suggested that plans to cut the annual tax-free cash Isa allowance could be announced next week.

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The Independent UK

Rachel Reeves urged to leave cash ISAs alone

IN FULL

The Independent UK

Rachel Reeves under pressure to save cash ISAs after building societies pen open letter to chancellor

The current £20,000 annual limit is expected to be cut but experts say it won’t prompt wider investment

The National (Scotland)

SNP urge Rachel Reeves not to 'clobber' Scots with cuts to Isa tax-free allowance

The SNP have urged the Chancellor not to cut the tax free allowance on cash savings accounts ...

The Guardian - UK

London’s stock exchange needs a shot in the arm from the Treasury

A marketing campaign is all very well but if the LSE’s fortunes are to turn, the real oomph needs to come from the chancellor

The Independent UK

SNP urge Reeves not to cut Isa tax-free allowance

SNP economy spokesman Dave Doogan said the move could ‘clobber’ 1.3 million Scots who have cash Isas.

The Guardian - UK

Britain remains trapped in poor economic policy

Letters: Readers respond to Randeep Ramesh’s article on the flaws in Labour’s approach to the economy

The Independent UK

‘Naive and arrogant’: Why a wealth tax in the UK would fail, according to experts

The UK government needs to raise funds – but experts say trying to take more from the rich simply won’t work

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