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The Latest Breaking News from Rachel Reeves

What the papers say – January 25

Here are the biggest stories leading Saturday’s front pages.

The Independent UK

Britain can learn from Trump’s positivity, says Rachel Reeves

Under-pressure chancellor says she is challenging people to be more positive on the UK’s strengths

The Independent UK

Chancellor Rachel Reeves says UK needs Trump-style 'positivity' to boost economy

The Chancellor travelled to Davos to seek more investment in Britain at the World Economic Forum’s annual meeting.

Evening Standard

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read the most diverse news in one place.

UN development chief urges UK to rethink ‘brutal’ cuts to aid budget

Achim Steiner calls for ministers to discuss reversals to overseas aid squeeze imposed by Rishi Sunak

The Guardian - UK

Pensioners challenging winter fuel payment cut ‘not eligible for it’, court told

The case was brought by Florence and Peter Fanning, from Coatbridge, North Lanarkshire.

The Independent UK

UK climate and nature bill dropped after deal with Labour backbenchers

Ministers avoid internal party row by promising potential rebels they will have input into environmental legislation

The Guardian - UK

Rachel Reeves flies back from Davos to lead a revival of the aviation perennial. Labour hated the idea before, but growth won’t grow itself, will it, asks Guardian columnist Marina Hyde

The Guardian - UK

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Signs of returning UK inflation give Bank of England interest rate dilemma

Survey signals private sector firms charging higher prices and cutting jobs at fastest rate since 2009 bar pandemic

The Guardian - UK

Friday briefing: Despite Rachel Reeves’s enthusiasm there is still a long way to go to get this project off the runway

In today’s newsletter: The chancellor appears to be moving towards a final green light for the expansion of the UK’s busiest airport. But how will her plans align with her government’s plans to achieve net zero?

The Guardian - UK

Majority of Brits support cutting or abolishing inheritance tax, new poll shows, as farming backlash grows

Some 55 per cent of respondents said they would support cutting or abolishing inheritance tax

The Independent UK

New £9bn deal nuclear submarines deal will create 1,000 jobs, ministers say as Reeves scrambles for growth

Announcement comes hours after Sainsbury’s says it will cut 3,000 jobs and close cafes following warning of Budget blow

The Independent UK

Britain must not drive away the global rich

THE INDEPENDENT VIEW: Editorial: Keen to be non-ideological in its pursuit of economic growth, the government has wisely adjusted its proposed changes to the taxation of non-doms

The Independent UK

Reeves to instruct national wealth fund to work with mayors to boost growth

Chancellor says new scheme aims to bridge gap between Whitehall and local leaders to avoid previous top-down approach

The Guardian - UK

Are Rachel Reeves’s efforts to win business confidence ‘fiddling while Rome burns’?

Pro-growth charm offensive aimed at getting Labour back on the front foot has drawn concerns and questions

The Guardian - UK

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The National (Scotland)

'Davos deal' sees Rachel Reeves pledge to relax non-dom tax rules for millionaires

RACHEL Reeves will relax rules for non-domiciled residents in order to help them avoid paying UK taxes – saying she has been “listening to the…

The Guardian - UK

KemiKaze shows she doesn’t do sorry in first broadcast as Tory leader

She longs to distance herself from Boris, Liz and Rishi – but it’s as if she has given up already

The Independent UK

Ed Miliband won’t resign over Heathrow third runway despite environmental concerns

Energy secretary and former Labour leader pledged to vote against expansion six years ago saying ‘we owe it to future generations not just to have good environmental principles but to act on them’

The Independent UK

Watchdog warns Rachel Reeves looser lending for first time buyers could mean home repossessions double

Chief Executive Nikhil Rathi told MPs that any move to make borrowing easier for first time buyers could lead to the rise of people ultimately losing their homes

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The Guardian - UK

What’s the point of Davos when even the rich are fed up with the super-rich?

Rachel Reeves told the elites gathered in Switzerland she was relaxed about ‘wealth creation’. She’s in the minority on that, says columnist Zoe Williams

Evening Standard

Reeves plans to soften non-dom reforms after listening to concerns

Downing Street said the move to soften non-dom reforms does not ‘change the overall approach’ to the Government’s policy.

Evening Standard

Reeves will 'make changes' in spring if needed for UK public finances amid talk of spending cuts or tax rises

The Chancellor vowed to stick to her fiscal rules on day-to-day spending and reducing the UK’s debt

International Business Times

UK To Make Case To Trump Against Whisky Tariff: Finance Minister

Britain will make the case to US President Donald Trump that Scotch whisky and other goods should be spared from any tariffs by the new administration, UK finance minister Rachel Reeves said Thursday.

The Independent UK

Government rejects call from supermarket giants to halt controversial tractor tax plan

Some of Britain’s biggest retailers, Tesco, Lidl and the Co-Op, demanded a pause to the inheritance tax raid as Labour chancellor attempts to woo business investment to the UK at World Economic Forum in Davos

The Guardian - UK

Rachel Reeves to soften non-dom tax changes to woo rich for growth push

Tweak to finance bill is part of Labour push to show UK is attractive place to invest

The Independent UK

Reeves to water down tax raid on non-doms amid exodus of millionaires

The chancellor is to amend some of the changes to tax rules for non-domiciled individuals announced in October’s Budget

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