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The Latest Breaking News from Rachel Reeves

Inflation-busting council tax rises of 5% may be in Rachel Reeves Budget, top economists warn

They also say that increasing employer National Insurance would be a ‘clear breach’ of Labour’s manifesto

Evening Standard

UK Economy Rebounds In August In Boost To New Govt

Britain's economy bounced back in August, official data showed Friday, boosting the new Labour government ahead of its maiden budget later in October.

International Business Times

UK economy returns to growth in August after two stagnant months

Rachel Reeves will announce her autumn Budget on 30 October

The Independent UK

From analysis to the latest developments in health,
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UK economy returns to growth in boost to Rachel Reeves before budget

GDP rises by 0.2% in August after flatlining in June and July but rate of expansion slower than first half of year

The Guardian - UK

Friday briefing: Counting the human, environmental and political cost of Hurricane Milton

In today’s newsletter: Florida once again begins the clean up operation following a second hurricane in the past two weeks – what will be the fallout?

The Guardian - UK

Row over claims Rachel Reeves could hike capital gains tax as high as 39%

Chancellor has dismissed Budget speculation but fears are rising over a massive tax hike to fill a £25bn black hole in her plans

The Independent UK

Share your views on the autumn budget and what it could mean for your finances

We would like to hear your views on the autumn budget on 30 October

The Guardian - UK

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Robert Jenrick ramps up Tory leadership bid with thinly-veiled attacks on Kemi Badenoch

Robert Jenrick painted himself as the serious contender to succeed Rishi Sunak and suggested Kemi Badenoch would bring ‘needless drama’ to the job

The Independent UK

Rachel Reeves considers raising capital gains tax to 39%

Exclusive: Rates of 33% to 39% being tested as Treasury source says tax-raising plans are in ‘complete disarray’

The Guardian - UK

Budget 2024: Which taxes will Chancellor Rachel Reeves raise in the Budget?

Increases in National Insurance for employers, inheritance tax, capital gains tax and stamp duty are expected in the Budget on October 30

Evening Standard

Rachel Reeves warned up to £25bn of tax rises needed to avoid austerity

Rachel Reeves’ first budget could be ‘the most consequential since at least 2010’, the IFS said

The Independent UK

Rachel Reeves told she needs £25 billion tax increases to avoid austerity

Rachel Reeves may need to raise up to £25 billion from tax increases if she wants to keep spending rising with national income, the Institute for…

The National (Scotland)

Thursday briefing: What the shock Badenoch-Jenrick leadership battle says about the future of the Tories

In today’s newsletter: Conservative MPs have whittled down the candidates to Kemi Badenoch and Robert Jenrick. What does that say about the direction of the party?

The Guardian - UK

Will Rachel Reeves’s rules on debt and spending survive the budget?

The chancellor desperately needs more money to finance growth and public spending so expect a bit of tweaking to supposedly strict constraints

The Guardian - UK

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The Guardian - UK

Labour needs £25bn a year in tax rises to rebuild public services, warns IFS

Thinktank says tax increases in budget will be necessary even if Rachel Reeves changes fiscal rules

Evening Standard

Sadiq Khan 'confident' of economic 'optimism next spring', warning 'tough Budget' must come first

‘We can't have more austerity. We've had 14 years of austerity,’ London’s mayor has said.

The Guardian - UK

Reeves mulling national insurance on employer pension contributions

Treasury officials examining potential levy that experts say could raise as much as £17bn for the exchequer

The Guardian - UK

The Guardian view on inequality in the UK: what kids can teach us

Editorial: To get a sense of how unfair Britain is, consider the prospects for its children

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The Guardian - UK

Don’t indulge the Thames Water whingers next week, prime minister

Labour should stand firm at its investors summit and remind attenders that the UK’s utilities sector is eminently investable

The Guardian - UK

Rough sleeping will soar unless Labour fills £1bn shortfall, charities say

Exclusive: Failure to extend funding risks biggest setback to ending homelessness ‘in recent history’, Rachel Reeves told

Evening Standard

HS2 high speed rail line looks certain to run to Euston as No10 stresses it is 'how not if'

Transport Secretary Louise Haigh has given the strongest signal yet that high speed trains will go to Euston rather than stopping at Old Oak Common in west London

Evening Standard

OPINION - The Standard View: Changes to the fiscal rules come with risk and reward

The concept of “fiscal rules” rarely sets the heart racing. Indeed, voters and far too many politicians are keener on indulging culture war issues. Yet few things could be more fundamental than the framework by which governments tax, spend and, critically, borrow.

The Independent UK

Rachel Reeves’s potential borrowing plan risks repeat of Truss mini-Budget meltdown, warns financial expert

Downing Street dismissed the concerns as the Institute for Fiscal Studies said the prospective borrowing plan is ‘very uncertain’

The Guardian - UK

Wednesday briefing: Inside Labour’s plan to move the fiscal goalposts – and tackle debt

In today’s newsletter: Rachel Reeves calculates that changing debt rules could help boost the UK economy, but what does it really mean?

The Independent UK

Shock analysis shows four in every five pensioners struggling with money will see winter fuel payment cut

Hundreds of thousands of vulnerable pensioners aged 80 or over will miss out on fuel help this year, Age UK estimates

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