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The Latest Breaking News from Rachel Reeves

First-year tax rates for petrol, diesel and hybrid cars set to rise following Budget

First-year VED rates will increase by more than double after the announcement.

Evening Standard

Budget 2024: how will Labour’s £40bn tax rises & huge spending plans impact me? ...The Standard podcast

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Evening Standard

Budget 2024 calculator: How will Chancellor Rachel Reeves' statement affect you?

Our ready reckoner calculator will allow you to work out whether you are better or worse off

Evening Standard

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

Firms ‘set to pass on most of higher tax costs to employees through lower wages’

The Office for Budget Responsibility said it assumes that firms will ‘pass on most but not all of their higher tax costs to employees’.

The Independent UK

What does the Autumn Budget mean for women?

Everything you need to know about Rachel Reeves’ Autumn Budget 2024 and what it means for you

Marie Claire

‘A private jet to, say, California?’: Rachel Reeves’s best budget day jokes

Chancellor poked fun at Rishi Sunak, Kemi Badenoch and Kwasi Kwarteng in a budget tradition

The Guardian - UK

The UK plans to rebuild its crumbling classrooms – but it should take this chance to transform the school environment

Chancellor Rachel Reeves has pledged £1.4 billion to meet a target of rebuilding 50 schools in England a year. The funding boost follows the news of slow progress on the government’s school rebuilding programme. This effort began in 2020 but has been under particular scrutiny since the closure of school…

The Conversation

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Inflation and mortgage rates elevated by Chancellor’s spending plans, says OBR

Chancellor Rachel Reeves announced almost £70 billion of extra spending each year in her maiden budget.

The Independent UK

Tax calculator: See how Rachel Reeves’ Budget will affect you

Use our Budget calculator to determine whether Reeves’ announcements will leave you better or worse off

The Independent UK

Budget watchdog finds £9.5bn shortfall in previous government’s spending plans

Rachel Reeves’ Budget on Wednesday afternoon sought to address a ‘black hole’ in finances.

The Independent UK

What budget 2024 means for your personal finances

How Rachel Reeves’s measures on pensions, income tax, stamp duty and fuel duty will affect UK consumers

The Guardian - UK

Rachel Reeves goes back to the future with a tax and spend budget

Chancellor heeds calls long made on the left for spending to match other European countries with rise of £70bn a year

The Guardian - UK

OBR says budget unlikely to lift economic growth over next five years

Forecaster says extra spending revealed by Rachel Reeves will give only a short-term lift to economy

The Guardian - UK

Chancellor: Budget gives Holyrood its largest ever real-terms funding settlement

Rachel Reeves said the Scottish Government will receive an additional £3.4 billion in 2025-26 due to her tax and spending decisions.

Evening Standard

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The Conversation

What Labour’s first budget means for wages, taxes, business, the NHS and plans to grow the economy – experts explain

For the first time in 14 years, it was a Labour chancellor who delivered the UK budget. And for the first time ever, that chancellor was a woman. But Rachel Reeves faces an almighty task: plugging a £40 billion spending gap in the knowledge that pre-election promises not to raise…

Evening Standard

NHS gets £22bn funding boost in Budget – how will it affect hospitals and patients?

NHS leaders welcome injection of cash but funding must be matched by delivery

The Independent UK

Budget 2024: What was missing from Labour’s historic event?

The chancellor confirmed that new tax rises add up to £40bn

The Guardian - UK

Is Reeves still the green chancellor after her budget? Yes … and no

The fuel duty freeze angered some but there were boosts for renewable energy and heat decarbonisation

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The Independent UK

What the budget will actually mean for you

The experts have shared their praises and some reservations on the Reeves’ Autumn Budget.

The Independent UK

Rachel Reeves delivers Budget message to ‘girls and women’ as UK’s first female chancellor

Rachel Reeves delivered a powerful message to “girls and women” as she became the first female chancellor to deliver the UK Budget on Wednesday (30 October).

Evening Standard

At a glance: the key points from the Budget

Rachel Reeves set out £40 billion of tax rises along with major spending commitments as she sought to set the tone for Labour’s term in office.

Fortune

U.K. joins Europe in targeting the super-rich with fresh crackdown on foreign wealth, capital gains, and private jets

Rachel Reeves plans to jack up taxes on capital gains and foreign wealth of affluent individuals—although there might be other casualties, too.

The Independent UK

Reeves goes after employers with young workers the clear winners

The minimum wage for 18 to 20-year-olds will rise 16 per cent to £10 as part of a plan to equalise the rate with older earners

The Independent UK

Voices: A strong performance, chancellor – but you can’t afford another Budget like this

COMMENT: Thanks to some nifty sleights of hand, the chancellor was able to declare that she had not broken any electoral pledges. But will Rachel Reeves’s spending plans revive the government’s floundering fortunes, asks Andrew Grice

The Independent UK

Stamp duty blow to first-time buyers and second home investors

Experts said Britain’s property sector would be knocked by stamp duty changes, with an ‘overnight’ hike for second-home buyers.

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