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The Latest Breaking News from Rachel Reeves

Ryanair to cut UK flights by 10% as boss calls Budget air tax rise ‘idiotic’

Chief executive Michael O’Leary said a planned rise in air passenger duty would make air travel ‘much more expensive’.

Evening Standard

Ryanair to cut flights by 10% from major UK airports as boss calls Budget air tax rise ‘idiotic’

Chief executive Michael O’Leary said a planned rise in air passenger duty would make air travel ‘much more expensive’.

The Independent UK

Two-thirds of bosses feel negatively about budget, Reeves is told

Warning from Institute of Directors comes as ratings agency Moody’s says budget will do little to improve growth

The Guardian - UK

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GPs ask Streeting for ‘assurances’ over employers’ national insurance hike

The Royal College of GPs is seeking assurances that practices will be protected like ‘the rest of the NHS and public sector’.

Evening Standard

Why it’s unfair to compare the current market movement to catastrophic Truss mini-Budget

ANALYSIS : Ignore the comparisons, writes Howard Mustoe – any suggestions that market concerns over Rachel Reeves’s Budget bear any similarity to the chaos that followed Liz Truss’s economic disaster are wide of the mark

The Independent UK

Digested week: Crap telly, power naps – oh and I think I may have saved a friend’s life

Also this week, Sunak fails to go out with a bang, while his party can just about be bothered to pick his replacement

The Guardian - UK

We’ve all got Liz Truss PTSD, says minister as he defends market reaction to Budget

Treasury minister says situation after Truss’ mini-Budget ‘completely different in contrast to now’

The Independent UK

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S&P and Moody’s warn of fresh constraints to public finances after Budget

The ratings agencies were responding to Chancellor Rachel Reeves’s plan to lift borrowing and change the UK’s fiscal rules to allow it.

Evening Standard

Rush to buy London homes before stamp duty rises in Budget hit

The surge in activity in the property market could push up prices

Evening Standard

Now Reeves faces backlash from GPs, care homes and hospices over national insurance hike

While the NHS and the rest of the public sector have been shielded from the chancellor’s rise in employer contributions to national insurance, GPs and the care sector warn they will face severe strain

The Independent UK

UK politics: Budget’s ‘clean bill of health’ from watchdogs should reassure investors, says Reeves – as it happened

Chancellor, on a post-budget visit to Newcastle, says ‘markets move all the time’

The Guardian - UK

Budget market reaction ‘very different’ from Liz Truss turmoil, minister insists

Treasury minister Darren Jones suggested the UK had ‘PTSD’ from Liz Truss’s mini budget, amid jitters from markets.

Evening Standard

Applause as Question Time audience member tears into Labour and Tory MPs

AN audience member has been praised on social media as he took aim at the Labour and Tory guests on Thursday night’s Question Time...

The National (Scotland)

Value for money tsar on £950-a-day is value for money, says Rachel Reeves' Treasury deputy

Chief Secretary to the Treasury Darren Jones defended the salary for the new costs-cutting chief

Evening Standard

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The Guardian - UK

US economy added only 12,000 jobs in October in shock pre-election drop – as it happened

Live, rolling coverage of business, economics and financial markets as non-farm payrolls numbers deliver economic surprise days before presidential election

Evening Standard

Jittery markets hold their nerve on Budget £32b borrowing as minister reassures: We've all got PTSD from Truss

Chief Secretary to the Treasury Darren said on borrowing the Government does not ‘think that we are pushing it to the limit’

The Independent UK

Rachel Reeves’ value for money tsar to be paid £950 a day

David Goldstone, who will take up the position of chairman of the new Office for Value for Money, will effectively be paid significantly more than the prime minister

The Independent UK

Reeves gives Labour post-Budget poll boost despite £40bn tax row

Exclusive: Rachel Reeves has faced a storm of criticism after producing the biggest tax raising Budget in history but the latest weekly tracker poll has shown public support grow for Labour

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news in one place.

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The Guardian - UK

Friday briefing: The inside story of The Long Wave, the Guardian’s newsletter on Black life and culture

In today’s newsletter: Writer Nesrine Malik reveals how our weekly roundup for the global Black diaspora came into being, and explains the very personal reason she got involved

The Guardian - UK

After Reeves’s historic budget, Labour has time to pursue its revolution. What it needs now is public trust

The government is operating in an unforgiving time and lacks capital with voters. It will be crucial to address that, says Guardian columnist Martin Kettle

Evening Standard

Chancellor seeks to calm markets amid jitters after Budget borrowing spree

The Budget increased state spending by almost £70 billion per year funded by increased taxes and borrowing.

The Independent UK

What the papers say – November 1

Here are the biggest stories leading Friday’s newspapers.

Evening Standard

Angela Rayner declares £3,550 worth of clothes from Lord Alli

The Deputy Prime Minister updated a declaration of a gift from the Labour backer to show it was for work clothes.

The Independent UK

Martin Lewis issues pension credit plea to nation as he hits out at Rachel Reeves

Martin Lewis issued a pension credit plea to the nation as he hit out at Rachel Reeves over the winter fuel payment cut.

The Guardian - UK

Head of government’s new value for money office ‘to be paid £950 a day’

David Goldstone to advise chancellor and chief secretary to the Treasury on ways to cut public spending

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