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The Latest Breaking News from Rachel Reeves

UK Growth Slows In Third Quarter, Dealing Blow To Labour Government

Britain's economy grew less than expected in the third quarter, official data showed on Friday, dealing a blow to the Labour government that has set its sights on growth expansion.

International Business Times

Few expected Britain to boom but the GDP figures will worry the Treasury

Summer slowdown raises questions of whether Reeves’s bleak outlook in the run-up to the budget hindered growth

The Guardian - UK

UK Treasury chief says she's not satisfied by paltry third-quarter economic growth

The British economy’s rebound from recession slowed down sharply in the third quarter of the year with most sectors stagnating

The Independent UK

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UK economy shrunk by 0.1% in September, shock GDP figures reveal in blow to Labour Chancellor Rachel Reeves

GDP grew by a meagre 0.1% between July and September, slightly below expectations

Evening Standard

Economic growth slows to 0.1% between July and September

The quarterly estimate was behind economists’ predictions and comes as a blow to Chancellor Rachel Reeves.

Evening Standard

Rachel Reeves targets trade deal with Donald Trump as UK economy stalls

As official figures showed economic growth stalling under Labour, Rachel Reeves said she wanted to boost trade with the US and ‘looks forward to working with president-elect Donald Trump’

The Independent UK

UK growth slows but December interest rate cut unlikely; vaccine-maker shares hit by RFK Jr nomination – as it happened

Latest UK GDP growth report shows UK grew by just 0.1% in July-September, a slowdown on the first half of the year

The Guardian - UK

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UK plans to create pension megafunds with aim of unlocking $100 billion for investment

British Treasury chief Rachel Reeves says the government plans to merge dozens of pension funds with the aim of unlocking tens of billions of pounds for investment and boosting the U.K.’s sub-par economic growth

The Independent UK

What the papers say – November 15

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

Evening Standard

Davey to take bus driving lesson in call to scrap fare cap rise

The increase was announced by Chancellor Rachel Reeves in the Budget.

Evening Standard

Bank of England governor says Brexit has undermined UK economy

Andrew Bailey calls for relations with EU to be rebuilt as Trump plans US tariffs

The Guardian - UK

Rachel Reeves vows to rip up financial red tape and create pension ‘megafunds’ in first Mansion House speech

In her first Mansion House speech as Chancellor, Rachel Reeves announced plans for megafunds which she said could unlock £80 billion for investment

Evening Standard

Pension ‘megafunds’ will boost growth and reward British savers – Reeves

In her first Mansion House speech as Chancellor, Rachel Reeves announced plans for megafunds which she said could unlock £80 billion for investment.

The Independent UK

Watch: Reeves pledges to rip up red tape as post-2008 crash regulation ‘gone too far’

Watch as Rachel Reeves pledges to rip up financial red tape in a major speech, arguing that regulatory changes following the 2008 economic crash have “gone too far”.

The Independent UK

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The Independent UK

Rachel Reeves fightback to woo the City: I’ll ease banking regulations

Chancellor pledges to lift banking regulations to boost growth as she launches fightback against criticism of her Budget

Evening Standard

Rachel Reeves unveils 'pro-growth' shake-up of excessive City regulation and red tape

Chancellor tells the City she is “clear that the financial services sector must play a central part in our economic vision and our plan for economic growth. “

The Independent UK

Bank of England chief to say UK must ‘rebuild relations’ following Brexit

Andrew Bailey will talk about the importance of economic growth at the annual Mansion House speech in the City of London.

The Guardian - UK

Rules imposed after financial crisis have ‘gone too far’, Reeves tells City bankers

Chancellor uses Mansion House speech to suggest it is time to loosen some constraints brought in after 2007-08 crash

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The National (Scotland)

Rachel Reeves pledges to 'rip up red tape' as 2008 crash regulations 'gone too far'

RACHEL Reeves will pledge to rip up financial red tape in a major speech, arguing that regulatory changes following the 2008 economic crash have…

The Independent UK

Reeves pledges to rip up red tape as post-2008 crash regulation ‘gone too far’

Speaking in the City of London, the Chancellor is expected to announce a package of reforms aimed at driving competition across financial services.

The Guardian - UK

Tory donor Lord Bamford funds helicopter flight for Nigel Farage

Ally of Boris Johnson gave Reform UK leader a £8,000 trip to tour his JCB site, raising eyebrows among Conservatives

The Guardian - UK

A dream day for Labour as opposition is reduced to noises off

Reeves is untroubled by a financially illiterate Tory leader, while Starmer allows himself a minor celebration

Evening Standard

European stocks rise while US market rally wanes

London’s FTSE moved 40.86 points higher, or 0.51%, to close at 8,071.19,

The Guardian - UK

What will Rachel Reeves’s retirement scheme changes mean for pensions?

The chancellor has announced plans to merge local government retirement schemes into eight Canada-style ‘megafunds’

Evening Standard

Fact check: Projections of fiscal drag effect on pensioners are not from HMRC

Claim that £130 of tax to be collected on everyone receiving state pension relies on tax thresholds staying frozen longer than anticipated.

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