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The Latest Breaking News from Rachel Reeves

Government borrowing costs rise further after Budget

UK government bond yields jumped to a one-year high on Thursday after Labour announced a sharp increase in spending in the Budget.

Evening Standard

Housing, social care and universities: who lost out in the UK budget?

Rachel Reeves made funding the NHS a priority but people working in other areas said they were disappointed

The Guardian - UK

Budget: Private jet passengers hit with extra tax bill as rate increases by 50 per cent

Private jet passengers have been hit the hardest out of all UK flyers in this week’s autumn Budget

The Independent UK

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

Reeves admits tax hikes will hit working people as IFS accuses chancellor of ‘undermining trust’

Rachel Reeves was forced to accept that her decision to raise employers’ national insurance contributions will lead to workers being paid less, but asked, ‘what alternative was there?’

The Independent UK

UK Treasury chief admits business tax rise could lead to lower than anticipated wages

U.K. Treasury chief Rachel Reeves has conceded that wages may rise by less than previously thought as a direct result of her budget decision to increase a tax that businesses pay for their employees

The Independent UK

Voices: Is it now acceptable to accessorise with a Remembrance poppy?

COMMENT: As MPs become the latest people in the public eye with not one but several poppies clustered on their lapels, is this once-powerful symbol in honour of the war dead in danger of becoming something with which to make a fashion statement – or actually a way to keep…

The Independent UK

NHS workload will ‘go up, not down’, Starmer warns after new health funding

The Prime Minister insisted he will help the health service deal with growing pressures.

Evening Standard

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Labour Budget raises '£500 million question for Scotland', First Minister says

RACHEL Reeves’s Budget has left a “£500 million question” for Scotland, the First Minister has said ...

The National (Scotland)

“Over 350 grassroots music venues are now placed at immediate risk of closure”: UK Live music representatives criticise Reeves Budget cut in business rate relief

Live music bodies criticise Budget cut in business rate relief

MusicRadar

Some Budget measures are welcome but others will ‘prolong agony’, warns Swinney

The First Minister said it is regretful the Chancellor had not scrapped the two-child limit on some benefits.

Evening Standard

'Kick in the teeth' for London rail commuters: Season tickets to rise by up to £300 for delays-hit trains

Commuter costs are on the rise - but fuel duty was frozen yet again

Evening Standard

Spending plans mean £9 billion of cuts after next year, economists warn

Economists have suggested Labour’s longer-term spending plans are ‘extremely challenging’ and do not rule out a return to austerity.

Evening Standard

OPINION - The Standard View: Labour's National Insurance raid will hit "working people"

It was not all that long ago the Labour Party was campaigning for government, promising to prioritise economic growth, and reassuring voters that vast tax rises were not necessary. Yesterday’s Budget put paid to that.

Evening Standard

Watch: Starmer and Reeves speak after Labour’s £40bn tax-raising Budget

Watch as Sir Keir Starmer and Rachel Reeves deliver remarks during a visit to the West Midlands after the Budget announcement on Wednesday.

The Independent UK

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The Guardian - UK

Rachel Reeves may need extra £9bn to avoid cuts to public services, says IFS

Institute for Fiscal Studies says chancellor may have to revisit tax plans to avoid real-terms cuts in some areas

The Independent UK

Jeremy Hunt to step down as shadow chancellor with end of Tory leadership race in sight

The shadow chancellor, who narrowly retained his seat in the election, says he’s unlikely to return to the frontbenches for ‘the next few years, at least’

The Guardian - UK

Ed Davey: care sector will be ‘pushed to brink’ by national insurance hike and should be exempt

Lib Dem leader says rise in employers’ contributions risks worsening NHS crisis

The Guardian - UK

Budget 2024: what the UK papers said about Rachel Reeves’s statement

Headlines featured numerous ‘nightmare’ allusions for budget delivered the day before Halloween

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The Guardian - UK

Small and medium-sized businesses: share your reactions to Rachel Reeves’ autumn statement

We’re keen to hear how owners of small and medium-sized UK businesses feel about the chancellor’s maiden budget, and how they will be affected

Evening Standard

Jeremy Clarkson slams 'hopeless' budget for 'shafting' farmers

The former Top Gear host is widely recognised as an advocate for farmers through his hit Prime Video series Clarkson’s Farm

The Independent UK

Rachel Reeves admits autumn Budget likely to hit pay for workers

Labour’s Budget tax increase on employers could hit workers’ pay, Rachel Reeves has admitted.

The Guardian - UK

Reeves’s £40bn tax rises will boost growth ‘sustainably’, says IMF

Rare intervention comes as Resolution Foundation says UK will remain ‘stagnation nation’ despite push to invest

The Independent UK

Rachel Reeves appears to say Kemi Badneoch already Tory leader

Rachel Reeves joked that the Tories were worried about their future under Kemi Badenoch as the Conservative Party's leadership contest draws to a close.

The Independent UK

Extra Budget cash for Scotland will not see two-child cap axed, Robison suggests

The Scottish Finance Secretary also appeared to indicate the money will not be used to restore universal winter fuel payments to pensioners.

The Guardian - UK

‘There will be consequences’: budget may mean smaller pay rises, says Reeves

Increase in employers’ national insurance contributions will affect businesses but is projected to raise £25bn

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