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The Latest Breaking News from Rachel Reeves

UK Government's Budget 'destroys' remaining EU funding for farmers, say SNP

RACHEL Reeves’ decision to overhaul agricultural funding in the UK Budget for the devolved nations is “destroying” what little post-EU…

The National (Scotland)

Trump’s tariff plan ‘doomsday scenario’ for UK economy, senior Labour figure warns

Liam Byrne, Labour chair of Commons business committee, says plans by next US President would hurt growth

The Independent UK

UK politics latest: Sue Gray ‘rejects’ new role as Starmer makes huge emissions pledge at Cop29

The former chief of staff had been offered the role as envoy to the nations and regions

The Independent UK

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UK public sector pay awards to overtake private sector for first time in four years

CIPD report says businesses face higher costs after tax rises in budget as public sector benefits from above-inflation pay rises

The Guardian - UK

Farmers threaten to block 'ports and disrupt food supply' in protest against inheritance tax raid

Farmers have threatened to blockade ports and disrupt food supply in protest against Chancellor Rachel Reeves’ Budget inheritance tax changes.

Evening Standard

Trump to target EU over UK in trade war as he wants to see ‘successful Brexit’, former staffer claims

Peggy Grande told The Independent that Donald Trump is likely to give a ‘preferential trade deal to the UK’

The Independent UK

Labour’s bid to end homelessness hit by Budget tax blow, Rachel Reeves warned

Exclusive: National insurance rise an immediate ‘threat’ to services that help the most vulnerable, Labour chancellor told as 100 organisations, including Crisis, sign letter in protest

The Independent UK

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UK diners already fear the bill, but the budget just raised it again, warn restaurateurs

UK Hospitality says members would have to hike prices 8% to cover the extra cost of hiring staff under new employer NIC rates

The Guardian - UK

NICs rise will force businesses to close, warn hospitality bosses

More than 200 leading restaurant, pub and hotel companies say tax rises will cause ‘unprecedented damage’

The Guardian - UK

Jeremy Clarkson claims government has 'sinister plan' to 'ethnically cleanse' British farmland

The 64-year-old criticised the inheritance tax extension proposed by Chancellor Rachel Reeves

Evening Standard

Reeves to make pensions pitch in first Mansion House speech

Her speech will come against a backdrop of criticism from the hospitality sector about changes to national insurance contributions.

Evening Standard

Are you worried about inflation? Then fear Trump, not Rachel Reeves

The chancellor’s budget may have a small effect on UK interest rates. But US tax cuts and tariffs could have international repercussions

The Guardian - UK

What the papers say – November 10

Politics and the royal family feature heavily on the front pages of Sunday’s newspapers.

The Independent UK

Tesco faces £1bn national insurance hike amid price rise fears

Industry bosses have warned of soaring costs and job losses in the wake of Labour’s maiden budget

The Independent UK

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Evening Standard

Hospitality bosses warn national insurance changes ‘unsustainable’

The main tax rise in Rachel Reeves’s fiscal statement was a change to employers’ national insurance contributions.

The Guardian - UK

We will fight Trump’s plans to slap tariffs on the UK – Rachel Reeves

The chancellor will make the case for free trade as Labour is warned that it must choose between the United States and the European Union

Evening Standard

Barometer! Man United’s Rúben Amorim is devastatingly gorgeous, Rachel Reeves killed the bob

What’s hot... and what’s not — keep up with Joe Bromley’s weekly barometer

The Independent UK

Labour warned UK is facing ‘humanitarian crisis’ in farming as thousands march on London

Farming leaders are urging Labour ministers to rethink plans to impose inheritance tax on farms worth more than £1m

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The Conversation

Most businesses won’t pay more national insurance. But the UK’s small employers still need support

There are nearly 5.5 million businesses in the UK. It may come as a surprise, however, to learn that most of these (about 4.1 million) are not employers. They might be, for example, the sole traders we call to fix our leaky roof or the freelance workers providing support to…

The Guardian - UK

Asda boss says £100m hit from Labour budget could affect wages and hiring

Shares in UK retailers fall as investors digest Rachel Reeves’s changes to NICs and tax thresholds

The Guardian - UK

Tax changes in budget last straw for UK farmers after ‘years of being squeezed’

Farmers’ union to bring 1,800 members to Westminster in protest, but some say mega-rich landowners are the problem

The Guardian - UK

I’m a farmer – and I’m glad to see tax loopholes closing for cynical investor landowners

It could have been better designed, but Rachel Reeves’s inheritance tweak will help farmers with mud on their boots, says farmer Guy Singh-Watson

The Independent UK

Vistry warns of extra costs and supply chain hit due to tax changes in Budget

The housebuilder said it is ‘assessing the impact’ of Labour’s autumn Budget in which Chancellor Rachel Reeves raised employer taxes.

The Guardian - UK

Shares in UK retailers fall as sector counts cost of NICs tax rise – as it happened

Rolling coverage of the latest economic and financial news

Evening Standard

What the papers say – November 8

Here are the stories making headlines to round out the working week.

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