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The Latest Breaking News from Rachel Reeves

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 Guardian - 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 Independent UK

MPs consider naming Chinese ‘spy’ linked to Prince Andrew

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

The Guardian - UK

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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 Independent 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 Guardian - 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 Independent 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 Guardian - UK

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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 National (Scotland)

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 Independent UK

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 ...

The National (Scotland)

OPINION - Rachel Reeves' terrible stewardship of the economy means Labour need quick wins right now

For the first time today Rachel Reeves “owned” yet another worryingly below par set of economic figures.

Evening Standard

Reeves says towns risk becoming ‘banking deserts’ as she sticks to hubs target

The Chancellor insisted the Government’s target for 350 banking hubs was a ‘massive ramp-up’ of previous plans.

The Independent UK

Reeves accused by Tories of ‘crashing the economy’ as output shrinks - live updates

Most economists had been expecting GDP to rise during October but it shrunk 0.1% for the second month running

The Independent UK

Labour reels from shock 0.1% fall in GDP in October

Rachel Reeves admits that the fall in output in the same month as the Budget is “disappointing”

Evening Standard

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The Independent UK

UK economy shrinks again in another blow to Reeves, new figures show

The Office for National Statistics (ONS) said output fell by 0.1 per cent in October

International Business Times UK

Government Ministers Spend £130k in Six Months on Refurbishing Offices

Ministers have spent £130,000 on redecorating their offices since coming to power in July.

Evening Standard

100th banking hub launches to help protect cash access

The hub in Darwen, Lancashire, enables customers of different banks to carry out transactions in a single space.

The Independent UK

Currys warns Budget will lead to ‘inevitable’ price rises due to £32m of extra costs

The company joins other retailers and hospitality companies in complaining that Rachel Reeves’s budget in October will mean higher staffing costs

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The Independent UK

Finance watchdog warns ‘we can’t stop everything’ if chancellor’s plan unleashes more fraud

Chancellor Rachel Reeves used her speech to the City last month to say that regulation designed to avoid a repeat of the great financial crisis in 2007/8 had “gone too far”

The Independent UK

Starmer faces wave of strikes as union discontent spreads over pay rise caps

Labour is potentially facing months of unrest over public sector pay as more unions raise concerns over the impact of Rachel Reeves’ spending review

The Independent UK

Loophole used by super rich to avoid tractor tax unavailable to many family farms

Many family farms will be unable to benefit from a widely used tax loophole to avoid inheritance tax

The National (Scotland)

UK Government splashes £1200 of taxpayer cash on two folders

A UK Government department splashed £1200 of taxpayers’ money on two folders, figures show.

The Independent UK

New Budget blow to Rachel Reeves as disability charity says it may be forced to scrap key services

Mencap warns it will be hit by the Labour chancellor’s rise in National Insurance paid by employers

Evening Standard

2.8% public sector pay proposal ‘just the start of the process’, says minister

Unions representing teachers, doctors and nurses have condemned proposals among Whitehall departments.

The Independent UK

Farmers’ protest live: NFU leader fights back tears as tractors block Westminster over inheritance tax rise

Hundreds of farmers blocked Whitehall outside Parliament as Sir Keir Starmer also answered prime minister’s questions on the sensitive issue

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