The Latest Breaking News from Rachel Reeves

What is the opposite of a mini-Budget? A maxi-Budget? Whatever it is, that is what the chancellor is preparing to deliver next Wednesday. But the biggest difference between Rachel Reeves and Kwasi Kwarteng is not substance per se. Indeed, Reeves also intends to borrow more in order to boost growth,…

Transition to electric cars will mean £25bn a year in fuel duty disappearing from government coffers, so what are the alternatives?

Concerns from party that significant cuts to key departments will set damaging tone for new government

Britain's new Labour government unveils its maiden budget Wednesday, with Prime Minister Keir Starmer warning of "painful" decisions over taxes and public spending.

Commentary: If Sir Keir Starmer and Rachel Reeves’ big bet Budget pays off a second term awaits, if it doesn’t everything will be to play for at the next general election

Ahead of the new government’s first budget on October 30, chancellor Rachel Reeves has revealed her determination to change borrowing rules that will allow her to boost investment spending.

Chancellor Rachel Reeves is looking for around £40bn of tax hikes and spending cuts in her first Budget since entering the Treasury

The location of the five new freeports will be revealed by Rachel Reeves at the October 30 Budget.

Bank’s boss says chancellor must signal intentions clearly amid risk to borrowing and mortgage rates

The growth outlook in London has been steadily improving since the election in July

‘This is about bringing stability back into the economy,’ argued Treasury minister James Murray on the Government’s new fiscal rules