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The Latest Breaking News from Rachel Reeves

The long-awaited Labour budget needs to show the party knows what to do with power

A strategy of raising taxes, spending and borrowing all at the same time to fund investment has risks, but it has a logic too

The Guardian - UK

Labour’s tax rises will not hit workers’ payslips, minister vows

Bridget Phillipson says employees will not see higher taxes as Rachel Reeves prepares to deliver first Labour budget

The Guardian - UK

No tax hike on payslips, vows minister amid confusion over ‘working people’

But Bridget Phillipson warned Wednesday’s Budget will include ‘tough choices’.

The Independent UK

From analysis to the latest developments in health,
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No tax hike ‘on payslips’, minister insists amid confusion over ‘working people’

Bridget Phillipson refused to say whether a small business owner earning around £13,000 in net profit would count as a working person.

Evening Standard

Scottish Government warns Labour Budget could cost NHS Scotland 2000 nurses

THE UK Government’s upcoming Budget could cost NHS Scotland “2000 nurses”, the Scottish Government has warned ...

The National (Scotland)

Chef Tom Kerridge calls on UK government to fund surplus food scheme

The Michelin-starred restaurateur has signed an open letter demanding delivery of £15m to divert produce to food banks and soup kitchens

The Guardian - UK

It’s hard to fill a budget black hole if you’ve ruled out raising income tax

Keir Starmer and Rachel Reeves were so desperate to win the election that they deprived themselves of the best tools for fixing their bleak ‘inheritance’

The Guardian - UK

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What the papers say – October 27

Here are the biggest stories leading Sunday’s front pages.

The Independent UK

Reeves announces funding for crumbling schools and childcare ahead of Budget

The Chancellor said children ‘should not suffer for’ the dire state of the UK’s public finances.

Evening Standard

Budget will bring ‘era of growth’ for Scotland, vows Murray

The Scottish Secretary was speaking ahead of Chancellor Rachel Reeves’s spending statement on Wednesday.

Evening Standard

Labour donor says rich Brits opposing higher taxes should ‘f*** off’

Labout donor Dale Vince says there’s no way richer Britons will leave the country because of a fairer tax system

The Independent UK

Reeves: ‘My budget will match greatest economic moments in Labour history’

The chancellor says she will invest to reverse Tory decline, but stands accused of breaking party manifesto promises

The Guardian - UK

Rachel Reeves has promised not to raise taxes, so how can she fill budget coffers?

Chancellor said to be planning measures including raising employer NI contributions and capital gains tax rates. We consider the likelihood of each and the potential for a row

The Guardian - UK

‘This is personal’: Reeves reveals her motivation and relishes moment in history

Driven by memories of a childhood under the Tories, the chancellor prepares to deliver a budget she hopes will be seismic in its scope

The Guardian - UK

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The Independent UK

Voices: Rachel Reeves might just get away with breaking her promise – here’s how

George Bush Sr and Nick Clegg paid the price for making U-turns, but other politicians have escaped the voters’ wrath – could the chancellor, too?

The Guardian - UK

The sickness trap: how Barnsley has tried to fight back against worklessness

Leaders of the town, which has some of UK’s highest levels of economic inactivity, are hoping for help from Rachel Reeves’s budget

The Guardian - UK

Keir Starmer denies Labour misled public on tax rises amid NI hike reports

Manifesto ‘really clear’, PM says as chancellor said to be poised to increase national insurance rate for employers

The Independent UK

Keir Starmer denies misleading public over tax rises in the Budget

The prime minister also rejected claims he was waging ‘war on middle Britain’ after he suggested shareholders and landlords were not ‘working people’ on trip to Commonwealth summit in Samoa

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Evening Standard

PM denies misleading the public over tax rises in Labour manifesto

The Prime Minister rejected claims he had waged a ‘war on middle Britain’.

The National (Scotland)

'Painful austerity': Scottish block grant 'worth £6bn less than in 2020', report says

LABOUR have been warned that Scotland “cannot afford even more cuts” after a new report found that Scotland’s block grant has fallen to its…

The Guardian - UK

Chancellor pledges extra £500m for social homes in budget

Treasury plans £5bn total investment in housing supply and reduction in discounts under right-to-buy scheme

Evening Standard

Chancellor to cut back Right to Buy discounts in Budget

Rachel Reeves’s Budget plans on housing will include reducing Right to Buy discounts.

Evening Standard

Scotland’s block grant falls to lowest share of UK spending in a decade – study

The SNP is urging the Chancellor to increase the cash going to Holyrood in her upcoming Budget.

The Independent UK

Rachel Reeves to slash discount for ‘right to buy’ council homes in Budget

Housing package hailed by deputy prime minister Angela Rayer, who used scheme to buy her home in 2007

The Independent UK

Reeves set to increase employers’ national insurance contributions

The measures will reportedly impact the private sector - with public bodies reimbursed by the Treasury

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