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The Latest Breaking News from Rachel Reeves

Rachel Reeves: improving services more important than Waspi women payout

Chancellor says high cost of compensation cannot be justified because most of women affected had known pension changes were coming

The Guardian - UK

Rachel Reeves says compensation for Waspi women would not be fair to taxpayers

The Chancellor defended the decision not to pay an ‘expensive compensation package’, after she was confronted with her past support for the women.

Evening Standard

UK inflation increases as cigarettes and petrol drive price rises

The Office for National Statistics has announced the latest monthly Consumer Prices Index reading

The Independent UK

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UK inflation hits eight-month high of 2.6%, fuelling calls to hold interest rates

Annual increase in November driven by rising cost of petrol and groceries and hike in tobacco duty in budget

The Guardian - UK

Labour’s review of UK-China relations on hold until after chancellor visits Beijing

Exclusive: Despite calls for more scrutiny in light of Prince Andrew spy allegations, Starmer’s instinct is not to do anything to hamper growth

The Guardian - UK

For richer or poorer? BrewDog co-founder may delay marriage to max-out tax relief

James Watt’s investment in I’m a Celebrity winner Georgia Toffolo’s raw dog food venture needs three years as ‘unconnected person’ under HMRC rules

The Guardian - UK

Majority of pension credit claims processed in recent months denied, data shows

Government figures were obtained following a freedom of information request by pension provider and financial adviser Quilter.

Evening Standard

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Britain’s bumper pay rises show inflation is tricky to shift

Labour market figures do not yet show effects of Rachel Reeves’s tax rises on employers in the budget

The Guardian - UK

Former Tory minister to advise Government on industrial strategy

The Government’s new Industrial Strategy Advisory Council will hold its first meeting on Tuesday.

Evening Standard

Chancellor commissions OBR forecast ahead of spring statement

The forecast, published on March 26, will be accompanied by a statement from Rachel Reeves.

Evening Standard

Rachel Reeves’s inheritance tax changes will put 125,000 jobs at risk, trade bodies warn

The Builders Merchants Federation latest to sign the Family Business UK open letter from 32 trade bodies representing 160,000 firms

The Independent UK

Canal+ launches shares on London market in major boost for City

The company fetched a valuation of about £2.6 billion when its shares began trading on Monday morning.

Evening Standard

Monday briefing: What do we know about Prince Andrew and the alleged Chinese spy?

In today’s newsletter: Many questions remain unanswered about the person known only as H6, but the complex relationship between China and the UK is sure to be put under the spotlight

The Guardian - UK

Chancellor’s call for civil service savings will sound all too familiar to Whitehall

Rachel Reeves wants to drive efficiency savings as part of spending review – departments are used to the challenge

The Guardian - UK

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The Guardian - UK

Voters broadly accept Reeves’s £40bn of tax rises, research shows

Almost half of those surveyed by Bristol academics said increases were ‘necessary’ to improve public services

The Guardian - UK

Economists and policy experts warn Reeves against City deregulation

Nobel laureate Joseph Stiglitz among 50 signatories of statement that points to risks to Labour’s wider aims

The Independent UK

Badenoch warns of ‘devastating’ impact of Reeves’ ‘farm tax’ on rural economy

Conservative leader will compare warning that changes could lead to 125,000 job losses to ‘the entire population of Blackburn’

The Guardian - UK

MPs consider naming Chinese ‘spy’ linked to Prince Andrew

Allegations raise calls for caution in UK over bid to re-establish China links

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The Independent UK

Blow to Rachel Reeves as leading businessman suggests recession could be ‘around the corner’

James Reed, chairman of the recruitment giant, Reed, said there was a large drop in the number of vacancies it advertised last month

The Guardian - UK

Canal+ listing is ‘vote of confidence’ in UK stock market, says Reeves

TV channel spun off from France’s Vivendi could climb to £5bn in biggest new listing in London for two years

The Independent UK

‘Tractor tax’ blow to Starmer as Labour expert calls for government U-turn

Leading figure – whose analysis Starmer used to defend controversial policy – calls for inheritance tax threshold on farmers to be increased from £1m to £20m

The Guardian - UK

Brexit reset: five business leaders on how they’d like relations with the EU to change

Rachel Reeves has spoken of a reset in EU relations. Here, experts in everything from music to farming explain what they hope it will mean

The National (Scotland)

Labour 'failing on own terms' as UK economy shrinks for second month running

LABOUR have been accused of “failing on their own terms” after new figures showed the UK economy shrinking for the second consecutive month –…

The Independent UK

Analysis: Reeves faces recession fears but shrinking industry could offer a bigger problem

Economists are concerned about a longer decline in economic activity, but a shrinking manufacturing industry should be cause for more concern

The National (Scotland)

Labour Government sparking 'doom loop' for UK economy, expert warns

A “DOOM loop” sparked by the Labour Government’s ongoing failure to deliver on its headline pledge of growth is hitting the UK economy ...

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