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The Latest Breaking News from Rachel Reeves

Keir Starmer denies Labour misled public on tax rises amid NI hike reports

Manifesto ‘really clear’, PM says as chancellor said to be poised to increase national insurance rate for employers

The Guardian - UK

Keir Starmer denies misleading public over tax rises in the Budget

The prime minister also rejected claims he was waging ‘war on middle Britain’ after he suggested shareholders and landlords were not ‘working people’ on trip to Commonwealth summit in Samoa

The Independent UK

PM denies misleading the public over tax rises in Labour manifesto

The Prime Minister rejected claims he had waged a ‘war on middle Britain’.

Evening Standard

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'Painful austerity': Scottish block grant 'worth £6bn less than in 2020', report says

LABOUR have been warned that Scotland “cannot afford even more cuts” after a new report found that Scotland’s block grant has fallen to its…

The National (Scotland)

Chancellor pledges extra £500m for social homes in budget

Treasury plans £5bn total investment in housing supply and reduction in discounts under right-to-buy scheme

The Guardian - UK

Chancellor to cut back Right to Buy discounts in Budget

Rachel Reeves’s Budget plans on housing will include reducing Right to Buy discounts.

Evening Standard

Scotland’s block grant falls to lowest share of UK spending in a decade – study

The SNP is urging the Chancellor to increase the cash going to Holyrood in her upcoming Budget.

Evening Standard

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Rachel Reeves to slash discount for ‘right to buy’ council homes in Budget

Housing package hailed by deputy prime minister Angela Rayer, who used scheme to buy her home in 2007

The Independent UK

Reeves set to increase employers’ national insurance contributions

The measures will reportedly impact the private sector - with public bodies reimbursed by the Treasury

The Independent UK

Keir Starmer is ‘a working person’ so could be shielded from tax rises, chancellor admits

Prime minister gets his income from going out to work, says Rachel Reeves, as Budget tax hikes feared for non-workers

The Independent UK

Starmer is a ‘working person’ says Chancellor as tax rise questions persist

The Government continues to be asked to pin down the term ahead of tax rises expected in next week’s Budget.

Evening Standard

Rachel Reeves basks in IMF backing for UK budget rules overhaul

In one session after another, IMF officials repeated backing for principle of increased borrowing to drive growth

The Guardian - UK

Expect more bad vibes from Labour with Rachel Reeves's Budget

IF the news is a trumpet an impeding Budget is a great buoy-shaped mute jammed into the horn.

The National (Scotland)

Fact check: Image of Chancellor Rachel Reeves has been manipulated

The Conservative Party shared a doctored photograph of the Chancellor.

Evening Standard

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Evening Standard

OPINION - Rachel Reeves rolls the pitch for her 'maxi-Budget'

What is the opposite of a mini-Budget? A maxi-Budget? Whatever it is, that is what the chancellor is preparing to deliver next Wednesday. But the biggest difference between Rachel Reeves and Kwasi Kwarteng is not substance per se. Indeed, Reeves also intends to borrow more in order to boost growth,…

The Guardian - UK

With fuel duty revenue set to fall, is it time for the UK to introduce road pricing?

Transition to electric cars will mean £25bn a year in fuel duty disappearing from government coffers, so what are the alternatives?

The Guardian - UK

Labour MPs fear chancellor’s tough budget will bring new set of problems

Concerns from party that significant cuts to key departments will set damaging tone for new government

International Business Times

UK's Labour Govt Prepares To Unveil Its First Budget

Britain's new Labour government unveils its maiden budget Wednesday, with Prime Minister Keir Starmer warning of "painful" decisions over taxes and public spending.

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Evening Standard

Budget 2024: Labour Chancellor Rachel Reeves big bang tax, borrow and spend gamble risks backfiring

Commentary: If Sir Keir Starmer and Rachel Reeves’ big bet Budget pays off a second term awaits, if it doesn’t everything will be to play for at the next general election

The Conversation

In her first budget, the chancellor faces a minefield of risks

Ahead of the new government’s first budget on October 30, chancellor Rachel Reeves has revealed her determination to change borrowing rules that will allow her to boost investment spending.

The Independent UK

Keir Starmer says stocks and shares owners ‘not working people’ in hint at capital gains hike

Chancellor Rachel Reeves is looking for around £40bn of tax hikes and spending cuts in her first Budget since entering the Treasury

Evening Standard

New freeports, East Midlands investment zone funding coming in Budget – Starmer

The location of the five new freeports will be revealed by Rachel Reeves at the October 30 Budget.

The Guardian - UK

NatWest urges Reeves to ‘get balance right’ when changing debt rules

Bank’s boss says chancellor must signal intentions clearly amid risk to borrowing and mortgage rates

Evening Standard

Small businesses in London look forward to growth but fret about the Budget says survey

The growth outlook in London has been steadily improving since the election in July

Evening Standard

Budget 2024: Minister reassures City that tax and spend 'guardrails' will avoid Trussonomics chaos

‘This is about bringing stability back into the economy,’ argued Treasury minister James Murray on the Government’s new fiscal rules

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