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The Latest Breaking News from Rachel Reeves

UK economic growth upgraded this year amid ‘temporary boost’ from spending

The Office for Budget Responsibility has predicted that UK gross domestic product will grow by 1.1% in 2024.

Evening Standard

Euston WILL be the London terminus for HS2, Chancellor Rachel Reeves confirms in Budget

£485m for TfL could bring extra investment in the Tube and DLR

Evening Standard

Alcohol duty rise a ‘hammer blow’ to Scottish whisky, industry warns

The Scottish Whisky Association has accused the Prime Minister of breaking his promise of backing producers ‘to the hilt’.

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Stephen Flynn reacts to Labour Budget as 'Scots still paying the price'

LABOUR’S first Budget in 14 years “fails to deliver” the change Scots expected from Keir Starmer, the SNP have said.

The National (Scotland)

Mortgage rates to rise after Rachel Reeves' tax, borrow and spend Budget, says official forecaster

The Chancellor has clashed with the Tories over whether her Budget would push up mortgage bills

Evening Standard

Budget contains broken promises which will hit working people, Sunak claims

The outgoing Conservative Party leader was making his final appearance at the despatch box before stepping down.

Evening Standard

Pensions to be brought into inheritance tax scope, says Reeves

The Chancellor said pensions passed on would be included in the levy, closing a ‘loophole’ in passing on wealth when someone dies.

Evening Standard

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Green light for Causeway Coast and Mid South West deals welcomed

Funding for the deals had been paused earlier this year.

The Independent UK

Employer national insurance hike to slow hiring and wage growth, critics say

Rachel Reeves announced the tax increase in her autumn Budget statement to the House of Commons.

The Independent UK

At a glance: How will the 2024 Autumn Budget affect me?

The main points from Chancellor Rachel Reeves’ Budget

The Independent UK

Rachel Reeves hikes stamp duty – but chancellor warned renters will pay price

IFS director Paul Johnson warned renters will ‘pay part of the cost’

The Independent UK

Housing, tax rises, train fares and pub pints: What Rachel Reeves' Budget means for Londoners

There was good news for London transport, with the Chancellor committing £485million for TfL’s capital renewals programme and confirming HS2 will go to Euston

Evening Standard

Train fares and railcard price increase: What you need to know

Changes to fares will come into force next year

The Independent UK

Government to fund HS2 tunnelling work to Euston

Chancellor Rachel Reeves said this will encourage private investment in the area.

Evening Standard

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The National (Scotland)

Scotch whisky industry hits out as Chancellor increases alcohol duty

The Scotch Whisky Association (SWA) has said the Chancellor’s decision to further increase duty on Scotch Whisky has broken the Prime Minister’s…

The Independent UK

Watch: Office for Budget Responsibility responds to Rachel Reeves’ £40bn tax hikes

Watch as chair of the Office for Budget Responsibility (OBR) Richard Hughes held a press conference after Labour's Budget was announced on Wednesday, 30 October.

Evening Standard

Taxes, borrowing and spending up in Rachel Reeves’ first Budget

Chancellor Rachel Reeves said she was ‘fixing the foundations of our economy’ but taxes will rise to their highest levels since the Second World War.

The National (Scotland)

Economists react to the Budget with pay cut fears

LABOUR tax hikes on employers will cut pay for workers, according to a leading think tank.

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news in one place.

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The Independent UK

Budget: Rachel Reeves mocks Rishi Sunak with private jet announcement

Rachel Reeves mocked Tory leader Rishi Sunak as she detailed Labour’s Budget in the House of Commons on Wednesday, 30 October.

The Guardian - UK

Rachel Reeves swaps Nigel Lawson portrait for one of Labour MP ‘Red Ellen’

Chancellor has previously pledged to ensure all art in No 11 is either by female artists or of female figures

The Independent UK

Alcohol duty: What booze has gone up and what has gone down

How much will your pint cost now?

Evening Standard

Price of wine and spirits to rise but pub pints to fall by a penny

Rachel Reeves announced that alcohol duty rates on non-draught products will increase in line with RPI from February next year.

The National (Scotland)

'Underwhelming' and 'not enough': Pension expert hits out at changes in Budget

Rachel Reeves has promised an extra £470 for pensioners next year, as she maintained the Government’s commitment to the pension triple lock

Evening Standard

At a glance: Key points from the 2024 Autumn Budget

Here are the main points from Chancellor Rachel Reeves’ Budget, the first by a Labour government since March 2010.

The Independent UK

Labour increases capital gains tax in bid to raise £2.5bn

Chancellor Rachel Reeves said the increase is part of ‘raising the revenue required to fund our public services’.

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