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The Latest Breaking News from Rachel Reeves

All UK families could see average living standards fall by 2030, forecast warns

Sir Keir Starmer’s government could be first to see living standards fall since 1955, warns Joseph Rowntree Foundation

The Independent UK

Rachel Reeves bets the house on 60,000 new bricklayers to help jumpstart economy

The chancellor reveals plans to train up to 60,000 bricklayers, electricians, engineers and carpenters over the next four years

The Independent UK

Rachel Reeves to order civil service to cut £2bn from budget

Administrative budgets include HR, policy advice and office management rather than frontline services

The Independent UK

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All UK families ‘to be worse off by 2030’ as poor bear the brunt, new data warns

Keir Starmer has been dealt a fresh blow to his living standards pledge in advance of the spring statement

The Guardian - UK

Reeves must scrap ‘bonkers’ pledge on pension triple lock, warns chancellor’s former economic adviser

Former Treasury minister Jim O’Neill, who previously advised Rachel Reeves, has warned she has ‘hemmed herself in’ too much by sticking to election pledges on taxes and pensions

The Independent UK

If Rachel Reeves were serious about growth, she would look to the EU

THE INDEPENDENT VIEW: Editorial: There is one shortcut to prosperity: reverse some of the damage of Brexit

The Independent UK

A new MP for Runcorn? Bring on Reform, say disillusioned voters

As the town prepares for a byelection after Labour’s Mike Amesbury quits, locals say it is time for a change

The Guardian - UK

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The Observer view on the spring statement: cutting spending is not the only option, chancellor

Further reductions can only increase disability and child poverty, and further undermine public services

The Guardian - UK

‘Wellbeing’ isn’t a joke – it’s a tool for tackling populism

In Britain, the Treasury is taking the idea of social happiness surprisingly seriously – and the chancellor needs to as well

The Guardian - UK

Rachel Reeves says Labour can’t ‘tax and spend our way to higher living standards’ before spring statement

Chancellor warned ‘that's not available in the world we live in today’ as she prepares to unveil cuts on Wednesday

The Independent UK

Splashing the cash: how wealthy retirees are avoiding ‘inheritance tax raid’

Wave of spending is triggered by Rachel Reeves’s removal of IHT exemption on pensions from 2027

The Guardian - UK

Chancellor rules out ‘tax and spend’ policies ahead of spring statement

Former Labour work and pensions secretary Lord Blunkett has urged the Chancellor to loosen her fiscal rules.

Evening Standard

Rachel Reeves still needs to level with the British people over tax rises

THE INDEPENDENT VIEW: Editorial: The chancellor’s Budget in October was a gamble that the outlook would brighten. It did not pay off

The Independent UK

Reeves to raise spectre of Liz Truss to persuade Labour MPs to accept cuts

Chancellor to tell party she is making steep cuts to avoid similar fallout to that which followed 2022 mini-budget

The Guardian - UK

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The Independent UK

Heathrow closure to cost UK economy up to £4.8m in lost tourism

As well as airlines and passengers, local business and the wider UK economy would be hit by the shutdown

The Independent UK

Budget 2025: What time is the Spring Statement – and what will be in it?

There have been several big policy announcements in the run-up to the event, most recently welfare changes to achieve £5 billion in spending cuts by 2029/30

The National (Scotland)

Beleaguered Rachel Reeves ranked worst Cabinet minister by Labour members

RACHEL Reeves has been ranked the least popular Cabinet minister by Labour members.

The Guardian - UK

Thirteen years ago, Emma told me disability cuts nearly broke her family. Now, under Labour, it’s worse

In families like hers, the devastating impact of the £5bn cuts will be felt most keenly. It is a stain Labour may never be rid of, says Guardian columnist Polly Toynbee

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The Guardian - UK

Reeves scapegoating bats to cut red tape is absurd, says Packham

Broadcaster and nature campaigner claims Labour’s attack on wildlife in push for economic growth is ‘PR disaster’

The Guardian - UK

Borrowing overshoot will test Rachel Reeves’s resolve on tax rises

Chancellor may see data as vindication for spending cuts but some analysts say more radical action will be needed

The Independent UK

UK economic growth forecast to be cut in half in blow to Starmer and Reeves

Major downgrade to growth forecast will pile further pressure on the chancellor

The National (Scotland)

Pressure on Rachel Reeves as borrowing rises and 'economic growth forecast halved'

PRESSURE is piling on Chancellor Rachel Reeves as UK Government borrowing soared above forecasts last month – and reports say growth forecasts…

The Guardian - UK

Travel shares drop after Heathrow closure; UK deficit overshoots forecasts at £10.7bn – as it happened

Airline and hotel shares tumble as substation fire shuts airport, while UK borrowing jumped more than expected

The Guardian - UK

Reeves under pressure as UK borrowing sharply exceeds forecasts

IFS says chancellor ‘boxed in’ by promises before spring statement as February figure is much worse than expected

Evening Standard

UK Government borrowing overshoots forecasts ahead of spring statement

Public sector net borrowing was £10.7 billion in February, the Office for National Statistics said.

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