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The Latest Breaking News from Rachel Reeves

Reeves hints at business rates reforms but declines to rule out fuel duty hike

The Chancellor also faced calls to reverse a cut to the winter fuel payment.

The Independent UK

Trott: Labour delivering greatest hits of government mistakes ahead of Budget

Conservative MP Laura Trott suggested Labour was ‘taking lessons from the worst bits of our record’ in its opening days in power.

The Independent UK

Jeremy Hunt calls on government not to release OBR review into his spending plans

Former chancellor accuses Rachel Reeves of politicising Office for Budget Responsibility by release on budget day

The Guardian - UK

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

Pay for 800,000 freelancers could be hit if employers’ tax rises in Budget, experts say

Chancellor is understood to be considering the move as part of her plans to raise money to bail out Britain’s battered public services

The Independent UK

Budget 2024: Labour Chancellor Rachel Reeves in growing clash with Commons Speaker over major economic news

Ms Reeves announced in Washington that she was changing the Government’s key fiscal rules

Evening Standard

Conservatives call on Government to ‘think again’ on winter fuel payment

Tories gathered in Westminster on Tuesday, ahead of handing in a petition to the Treasury, a day before Chancellor Rachel Reeves delivers her Budget.

Evening Standard

Hard-hit Defra to have budget slashed further despite warnings

Department’s finances were slashed during austerity and campaigners say more cuts will stall progress to meet nature and climate targets

The Guardian - UK

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Public wants ‘positive, proactive’ vision from Budget – poll

The public wants to hear less about the problems facing Britain and more about how Labour will solve them, an Ipsos poll has suggested.

Evening Standard

Petrol and food prices will fall thanks to oil glut, says World Bank

Downward trend in oil price from higher production, falling demand in China and clean energy to continue

The Guardian - UK

Mortgage approvals jump but housing market on ‘tenterhooks’ ahead of Budget

Some 65,600 home loans were approved last month, 700 more than in August, the Bank of England revealed.

Evening Standard

Reeves: Budget will end ‘neglect’ of NHS but turnaround will take time

The Chancellor is expected to pump billions of pounds into the health service.

Evening Standard

Why the Budget from Rachel Reeves is such a big moment for women in business

Among men aged 16-27, a majority think that ‘women’s equality has gone too far’, more than any other age group.

Evening Standard

Farage and Reform ‘not the cause of Tory problems, but a symptom’, says Badenoch – as it happened

The Tory leadership candidate says the party churned out a laundry-list of promises instead of listening to members

The Guardian - UK

NHS will not be fixed in single budget, says Wes Streeting

Health secretary says NHS cannot be turned around ‘overnight’ but vows to get service ‘back on its feet’ over course of parliament

The Guardian - UK

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Evening Standard

Patients will still be waiting on hospital trolleys this winter but delays to 'tumble,' says Wes Streeting

The Health Secretary said waiting lists would be millions lower by the next general election expected in 2029

The Independent UK

Now Wes Streeting – salary £160,000 – says he counts as ‘working person’ as Budget row goes on

Health secretary says he is ‘working very hard’ as he becomes latest minister embroiled in confusion

The Guardian - UK

Are you a fat cat or a working person? Find out in tomorrow’s budget

The debate over how to define workers will come back to haunt Rachel Reeves if she cannot convince the public that she’s acting in their interests, says Guardian columnist Gaby Hinsliff

The Guardian - UK

Gold price hits fresh record high, as bitcoin also rallies – as it happened

Analysts say gold is benefited from safe-haven demand amid persistent geopolitical tensions, expectations of monetary policy easing, and mounting uncertainty surrounding the US presidential election.

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The Independent UK

Boost for low-paid as minimum wage set to rise by 6% in Budget

Chancellor Rachel Reeves is due to announce the inflation-busting hike when she delivers her first financial statement

The Guardian - UK

Loophole exempts 355 landowners in England from inheritance tax, data shows

Chancellor urged to cancel tax break that uses scheme to register land as heritage asset and worth at least £68m

Evening Standard

TfL backtracks after 'banning' Greenpeace tax the rich advert ahead of Chancellor Rachel Reeves's Budget

Greenpeace was told it needed the Chancellor’s permission to use her in adverts calling for a wealth tax

The Guardian - UK

Will bond vigilantes punish Rachel Reeves with a Truss-style market meltdown?

10-year gilt yields have risen in the past month but are within the range of other pre-budget periods

The National (Scotland)

Labour Budget 'must cut energy bills by £450 to meet election pledge', SNP say

THE Chancellor must introduce a package of measures to bring down energy bills by £450 for the average household ...

Evening Standard

What the papers say – October 29

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

The Independent UK

The Budget: What do we know and what should we expect?

Rachel Reeves will present her first Budget on Wednesday.

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