The Latest Breaking News from Rachel Reeves

Chancellor’s admission on tax hikes comes just weeks after Labour was elected to power

RACHEL Reeves has blamed the previous Tory government’s handling of the asylum system as the Chancellor announced huge cuts ...

THE CHANCELLOR has scrapped the universal winter fuel payments to pensioners just as bills are expected to rise this winter.

Hospital and road projects also targeted as chancellor accuses Tories of covering up scale of fiscal shortfall

Watch as Rachel Reeves sets out her plan for economic growth in a speech on Monday 29 July.

Sir Keir Starmer has taken on the hard-Left and seen off the Tory Right. But now the Prime Minister faces his biggest battle yet: a head-on collision with the undisputed heavyweight champions of British politics — the Institute for Fiscal Studies.

Rachel Reeves due to announce raft of spending cuts which could include HS2

Few can doubt that the Tories left office with the public finances in a dire state. But it takes two parties not to talk about the tax rises necessary to plug that gap. Indeed, no lesser authority than the Institute for Government’s Paul Johnson accused both Labour and the Conservatives…

Britain's new Treasury chief, Rachel Reeves, reveals a 20 billion-pound shortfall in public finances, highlighting challenges faced by the government in ad...

HS2, hospitals and railway lines are all rumoured for cut backs

CHANCELLOR Rachel Reeves is expected to announce cuts to infrastructure projects as she addresses public spending and a £20 billion “black…