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The Latest Breaking News from Rachel Reeves

Watch live: Rachel Reeves announces £26bn tax rises as MPs react

Watch live from the Commons after Rachel Reeves delivered her Budget speech on Wednesday (26 November).

The Independent UK

Farmers bring tractors to Budget day protest despite Met police ban

Police said the decision to ban agricultural machinery from Whitehall had been taken because of ‘serious disruption’ the vehicles may cause.

Evening Standard

Tractors descend on London for Budget protest despite police ban

‘Several arrests’ as convoy of tractors come to capital on Budget Day in protest at the Family Farm Tax, bringing central London traffic to a standstill

Evening Standard

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Budget 2025: Income tax rate will not rise, signals minister - but millions of families 'face £1,600 hit'

Chief Secretary to the Prime Minister Darren Jones makes clear the Government has ruled out a manifesto-busting increase in income tax

Evening Standard

Budget 2025: Reeves claims freezing tax thresholds in budget does not breach manifesto pledge – as it happened

Chancellor says she will not ‘get into semantics’ when questioned on issue after her statement

The Guardian - UK

Pets At Home eyes ‘urgent’ cost-saving measures as retail profits plunge

The group said cost-cutting would be a key part of its retail revival plan

The Independent UK

Rachel Reeves will announce the Budget today: Here's what to expect

The Standard looks at the measures the Chancellor is expected to announce today

Evening Standard

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Reeves acknowledges anger over economic unfairness as she prepares to hike tax

Chancellor Rachel Reeves will deliver her Budget as she battles to turn around the Government’s fortunes.

Evening Standard

FTSE 100 Live 26 November: Pets at Home profit slides, National Express owner targets cost cuts

Rachel Reeves will today attempt to bridge a fiscal black hole estimated to be between £20 billion and £30 billion.

Evening Standard

Rachel Reeves must avoid a ‘Del Boy Trotter’ Budget

Black hole can’t be filled if there are ‘No income tax, no VAT’ rises

Evening Standard

Budget 2025 live: IFS warn Rachel Reeves she is ‘disincentivising growth’ after Starmer defends tax rises

Reeves admits Budget will mean working people will have to ‘contribute a bit more’ - but denies breaking manifesto pledge

The Independent UK

UK borrowing costs fall after early release of budget forecasts – as it happened

OBR forecasts appear to show that chancellor has more than doubled her fiscal headroom to almost £22bn

The Guardian - UK

Wednesday briefing: What may be in – and out – of Rachel Reeves’s ‘hokey cokey’ budget

In today’s newsletter: As the chancellor prepares to deliver one of the most heavily briefed budgets ever, tax rises, the two-child benefit cap and a ‘mansion tax’ are all on the table

The Guardian - UK

Rachel Reeves has many problems. She’s realising that her Brexit bind may be the biggest of all

Brutal economic realities are prompting a shift in Labour’s tone on Europe. But will it dare tell the whole truth about Britain’s predicament, asks Guardian columnist Rafael Behr

The Guardian - UK

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Evening Standard

Rachel Reeves says public ‘angry at unfairness’ in economy ahead of Budget

The Chancellor said the Government had started to see results in the past year.

The Guardian - UK

Rachel Reeves’s high-stakes autumn budget in five key charts

Chancellor to set out tax and spending plans shaped by weak productivity, high borrowing costs and cost of living crisis

Evening Standard

Reeves vows to make ‘fair and necessary choices’ as Budget day dawns

The Chancellor will aim to grasp the cost of living, and fiscal credibility in her second Budget

Evening Standard

SNP calls on Chancellor to ‘help, not hammer’ families in Budget

Rachel Reeves is expected to introduce tax hikes in her announcement.

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The Independent UK

Reeves braced for major Budget clash with businesses over minimum wage and tax rises

The chancellor is set to use her Budget to pin Labour’s hopes on tackling the cost of living while balancing the books by targeting the wealthy

Evening Standard

Budget 2025: Rachel Reeves to hammer London in tax grab on wealthy homeowners and millions of workers

The Chancellor’s plans will also see 260,000 children in the capital benefit from the lifting of the two-child welfare cap

Evening Standard

Reeves says she is ‘pushing ahead with biggest drive for growth’ ahead of Budget

The Chancellor is set to deliver her second Budget on Wednesday, when she has warned she will raise taxes to fill a black hole in the public finances.

The Guardian - UK

UK budget to target cost of living crisis as Reeves battles to keep Labour MPs on side

Chancellor’s fiscal statement billed as decisive moment for fate of Starmer government as she tries to fill £20bn spending gap

The Independent UK

Streeting gives major pre-Budget speech on child poverty fuelling further leadership speculation

The health secretary’s intervention came on the eve of Rachel Reeves’ make-or-break budget

The Independent UK

This make-or-break Budget must match the chancellor’s fighting talk

THE INDEPENDENT VIEW: Editorial: She has broken records by becoming Britain’s first female chancellor, but Rachel Reeves’s bold reforms and her fealty both to her backbenchers and bankers risks unsettling the very people she needs onside

The Independent UK

Business backlash as Reeves confirms minimum wage pay rise hike for millions of workers

The chancellor said the move would mean those on low incomes were ‘properly rewarded’ - but businesses warned the move could drive unemployment and hit economic growth

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