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The Latest Breaking News from Rachel Reeves

Rachel Reeves borrows George Osborne’s mantra in ‘strivers’ Budget

But Keir Starmer vows no return to austerity as he paves way for tax rises and spending cuts

The Independent UK

Keir Starmer gambles tens of billions more in tax and borrow Budget to invest in ‘new future’ for Britain

The Prime Minister warns the nation of the ‘harsh light of fiscal reality’

Evening Standard

Keir Starmer vows to ‘embrace harsh light of fiscal reality’ ahead of budget

PM will defend Labour plans in speech and insist working people need better public services more than lower taxes

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Keir Starmer will ‘embrace harsh light of fiscal reality’ ahead of Budget

The prime minister will warn of ‘unprecedented’ economic challenges as he delivers a speech in the West Midlands today

The Independent UK

Reeves will not announce new freeports despite earlier claims

Goverment sources say the confusion stemmed from a ‘total cock-up with the comms’ as local mayors reported being blindsided by the initial announcement

The Independent UK

OBR to publish breakdown of claimed £22bn ‘black hole’ on budget day

Former chancellor Jeremy Hunt says decision to publish findings of review on Wednesday is ‘significant concern’

The Guardian - UK

No new freeports in Budget despite No 10 announcing five more would be built

Government sources said there had been a ‘total cock-up with the comms’ arising from the conflation of customs sites and freeports.

Evening Standard

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Rachel Reeves could make it easier for pubs to sell beers from local breweries

Chancellor considering how to increase access to pubs for small brewers and may announce industry consultation

The Guardian - UK

Autumn budget 2024: 8 predictions to watch out for – from winter fuel to inheritance tax

Speculation is rife on what will come in Rachel Reeves’ Budget - here we take a look at some of the measures expected

The Independent UK

Homeowners in UK at 'greater risk' of higher mortgages from Donald Trump win than Rachel Reeves Labour Budget

The warning comes from former Bank of England chief economist Andy Haldane

Evening Standard

Rachel Reeves claims her Budget is for strivers amid uncertainty over ‘working people’

Echo of Tory chancellor George Osborne’s claims as Labour prepares to raise taxes

The Independent UK

The long-awaited Labour budget needs to show the party knows what to do with power

A strategy of raising taxes, spending and borrowing all at the same time to fund investment has risks, but it has a logic too

The Guardian - UK

Labour’s tax rises will not hit workers’ payslips, minister vows

Bridget Phillipson says employees will not see higher taxes as Rachel Reeves prepares to deliver first Labour budget

The Guardian - UK

No tax hike ‘on payslips’, minister insists amid confusion over ‘working people’

Bridget Phillipson refused to say whether a small business owner earning around £13,000 in net profit would count as a working person.

Evening Standard

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The Independent UK

No tax hike on payslips, vows minister amid confusion over ‘working people’

But Bridget Phillipson warned Wednesday’s Budget will include ‘tough choices’.

The National (Scotland)

Scottish Government warns Labour Budget could cost NHS Scotland 2000 nurses

THE UK Government’s upcoming Budget could cost NHS Scotland “2000 nurses”, the Scottish Government has warned ...

The Guardian - UK

Chef Tom Kerridge calls on UK government to fund surplus food scheme

The Michelin-starred restaurateur has signed an open letter demanding delivery of £15m to divert produce to food banks and soup kitchens

The Guardian - UK

It’s hard to fill a budget black hole if you’ve ruled out raising income tax

Keir Starmer and Rachel Reeves were so desperate to win the election that they deprived themselves of the best tools for fixing their bleak ‘inheritance’

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The Independent UK

What the papers say – October 27

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

Evening Standard

Budget will bring ‘era of growth’ for Scotland, vows Murray

The Scottish Secretary was speaking ahead of Chancellor Rachel Reeves’s spending statement on Wednesday.

Evening Standard

Reeves announces funding for crumbling schools and childcare ahead of Budget

The Chancellor said children ‘should not suffer for’ the dire state of the UK’s public finances.

The Independent UK

Labour donor says rich Brits opposing higher taxes should ‘f*** off’

Labout donor Dale Vince says there’s no way richer Britons will leave the country because of a fairer tax system

The Guardian - UK

Reeves: ‘My budget will match greatest economic moments in Labour history’

The chancellor says she will invest to reverse Tory decline, but stands accused of breaking party manifesto promises

The Guardian - UK

Rachel Reeves has promised not to raise taxes, so how can she fill budget coffers?

Chancellor said to be planning measures including raising employer NI contributions and capital gains tax rates. We consider the likelihood of each and the potential for a row

The Guardian - UK

‘This is personal’: Reeves reveals her motivation and relishes moment in history

Driven by memories of a childhood under the Tories, the chancellor prepares to deliver a budget she hopes will be seismic in its scope

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