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The Latest Breaking News from Rachel Reeves

What the papers say – January 19

A variety of domestic and international stories feature on Sunday’s front pages.

Evening Standard

The Observer view: Rachel Reeves has an unenviable task, but she must stick to her plan for growth

While some criticisms of the chancellor are justified, there’s no escaping there are no quick fixes to the bad hand she was dealt

The Guardian - UK

Pensioners forced to wait for winter fuel payments until the spring as decision delays grow

Newly revealed figures show that at the start of December, pensioners faced an average wait of 106 days for their winter fuel payments

The Independent UK

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The UK has lost a millionaire every 45 minutes since Labour came to power, study claims

Rachel Reeves’ Budget, which hit employers with tax hikes, as well as crackdown on controversial ‘non dom’s’ blamed for the exodus

The Independent UK

Labour is right to forge more trade links with China – not doing so would be folly

From a ‘golden era’ to post-pandemic mistrust, the UK has had a turbulent relationship with the world’s second-largest economy, says Lau China Institute director Kerry Brown

The Guardian - UK

The chancellor must ignore the blips and get on with long-term growth

THE INDEPENDENT VIEW: Editorial: Much like the UK economy itself, the embattled chancellor ends the week in a much stronger position than when it started. Mini meltdowns in the markets are no way to assess her performance in the post – but she can no longer afford to be so…

The Independent UK

UK mortgage rules could be eased to increase growth

FCA also aims to change law to try to prevent a repeat of mass compensation schemes for consumers such as PPI

The Guardian - UK

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Labour’s investment in AI isn’t as clever as it thinks it is

Letters: AI is a backward-looking technology that reinforces old biases, warns Natalie Bennett, while fuelling energy-hungry AI data centres will leave the green transition in tatters, writes Christopher Tanner. Plus letters by Philip Ward, Kevin Donovan and Giles du Boulay

The Guardian - UK

Will Europe’s fastest growth rate be enough to fix Britain’s finances?

Rachel Reeves has her work cut out as the UK continues to suffer from a long period of low growth, writes Howard Mustoe

The Independent UK

Calls for Rachel Reeves to quit as chancellor are overblown – but they highlight what her real problems are

Barely six months after the UK general election, Chancellor Rachel Reeves’ political opponents are calling for her to resign. Former prime minster Boris Johnson cast one of the first stones with a post on X about “Rachel from accounts”.

The Conversation

UK set to be the fastest growing European economy, IMF forecasts in boost to Reeves

After weeks of economic turbulence, new figures suggesting better growth in 2025 than previously expected will come as a welcome relief for the embattled chancellor

The Independent UK

Reeves receives rare boost as IMF upgrades UK growth forecasts

UK output now expected to advance by 1.6% in 2025, well ahead of France and Germany

Evening Standard

UK economy to grow by 1.6% this year after weaker-than-expected 2024 – IMF

The improved growth prospects will provide a boost for under-pressure Chancellor Rachel Reeves.

Evening Standard

‘He’s one of the best’: the economist shaping Rachel Reeves’s growth plans

John Van Reenen believes he can help Labour solve the ‘peculiar British problem’ of chronically weak productivity

The Guardian - UK

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The National (Scotland)

Economists call out BBC over Rachel Reeves interview

ECONOMISTS have spoken out after the BBC broadcast an interview where the Chancellor compared government funds to a household budget - despite the…

The Independent UK

Cost of pint to rise 20p after Reeves tax hikes, pub boss warns

Brewer Young’s set to raise prices after increases in alcohol duty and employer national insurance contributions

The Independent UK

Reeves urges regulators to ease mortgage rules for first time buyers

Chancellor reportedly open to relaxing lending rules in bid to boost growth

The National (Scotland)

Rachel Reeves likens herself to Margaret Thatcher amid speculation about her future

RACHEL Reeves has likened herself to Margaret Thatcher amid a week of economic turbulence as she said there is no alternative to the policies she is…

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news in one place.

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The Independent UK

UK politics live: House of Commons bar shuts over drink spiking allegation, Starmer hits back at Musk

Strangers’ Bar will close from Monday while security and safety arrangements are reviewed, a House of Commons spokesperson said

The Guardian - UK

Minister denies Labour ‘governing by social media’ after new grooming gangs review ordered – as it happened

Lisa Nandy defends Yvette Cooper’s decision to order urgent review following pressure driven by Elon Musk

The Independent UK

Defiant Reeves says she won’t resign and welcomes comparison to Iron Lady Thatcher

Reeves has been under pressure over floundering economy with ongoing questions over her fitness for the job

Evening Standard

'Call me the Iron Chancellor if you want,' says Rachel Reeves as she hits back at critics in City and Commons

Chancellor faces accusations that her Budget hit economic growth with the £25 billion hike in National Insurance on employers

The Independent UK

Entry-level jobs could become scarce due to National Insurance bill, warns Next boss

A rise in minimum wage as well as National Insurance has put retailers on alert to lift prices this year

Evening Standard

Next boss issues warning on the impact on jobs of NI changes

the Next boss said the Government should stagger the introduction of the NI changes rather than introduce them in one hit in April

Evening Standard

‘Here for the long haul’ – Reeves launches fightback following market troubles

The Chancellor said she was not going to let her critics “get me down” as she rebuffed their attacks.

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