The Latest Breaking News from Rachel Reeves

The Chancellor was told in October by the Budget watchdog that her spending plans would no longer incur a black hole.

In walking the political tightrope of her own budget this week, Rachel Reeves had to broadly satisfy three critical audiences. There were her own MPs in the parliamentary Labour party, business and financial markets and, of course, voters who ultimately determine whether the Labour government is re-elected three or four…

Chancellor says Treasury won’t go after ‘tiny amounts of money’ and pledges they won’t pay any tax in this parliament

Telecoms customers must have access to all the pricing details, presented in a clearer way.

Even when taxes don’t rise, your payments might as a result of what’s called fiscal drag

His comments come as the Chancellor is accused of breaking a Labour manifesto pledge amid £26billion of tax rises

Education Secretary Bridget Phillipson insisted the Employment Rights Bill remained ‘the biggest upgrade to workers’ rights in a generation’.

The government has found itself in a stand off with Labour backbenchers who have accused ministers of breaking a manifesto pledge

Decision by US bank’s CEO Jamie Dimon followed trip to New York by top adviser to Keir Starmer