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The Latest Breaking News from Rachel Reeves

Friday briefing: After constant leaks and a resignation, is the OBR still fit for purpose?

In today’s newsletter: Critics say the OBR’s growing influence has outpaced its accountability, raising questions about whether it serves the public, the Treasury, or the markets

The Guardian - UK

David Lammy says rejoining EU customs union could boost UK economy

Deputy PM joins growing chorus of support in Labour to undo Brexit

The Independent UK

Families to be offered help to leave temporary accommodation under UK child poverty strategy

Government says series of measures, including childcare support, will lift 500,000 out of poverty

The Guardian - UK

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Here’s why we can’t get rid of ‘mansplaining’

Letter: Dr Amanda Nimon Peters responds to an article by Zoe Williams in which she said we should stop using the term

The Guardian - UK

Builders downed tools amid fears over Reeves Budget in fresh blow to new homes for London

Housing, civil engineering and commercial activity ‘tanked’ last month, say economists

Evening Standard

UK’s small brewers call for chancellor to think again on business rates

Trade group tells Rachel Reeves her property tax changes threaten the survival of community pubs

The Guardian - UK

Budget worries saw savers sell-down equities at record rate

Data from global funds network Calastone shows £6.7 billion was pulled in the two months leading up to the Chancellor’s fiscal statement.

The Independent UK

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British Airways to raise price of Avios flights from this month

While British Airways has not confirmed a specific figure, example fares provided put the increase at around nine per cent

The Independent UK

Rachel Reeves will not be investigated over pre-budget briefing, FCA says

Regulator leaves door open for follow-up as it rejects calls for formal inquiry into claims against Treasury officials

The Guardian - UK

Treasury launches inquiry into budget leaks with ‘full support’ of Rachel Reeves

It comes after major policies such as freeze on income tax thresholds were reported in chaotic build-up to budget

The Guardian - UK

The one thing super-successful entrepreneurs do after a big-money sale is....

Roy Shaby sold his first business to Uber’s founder Travis Kalanick - here he tells how he’s scaling his second start-up differently, while there’s a chance to tell the Government your views on tax support for entrepreneurs

Evening Standard

Treasury minister: inquiry into pre-Budget leaks under way

James Murray, a Treasury minister, told MPs that a leak inquiry is ‘under way with the full support of the Chancellor’.

Evening Standard

Hunt launched for sources of pre-Budget leaks after Reeves criticism

The leaks culminated in the unprecedented early publication of the Office for Budget Responsibility’s economic and fiscal outlook

The Independent UK

Keir Starmer expected to award 25 new Labour peerages

Exclusive: Former union bosses and Labour staffers on list as prime minister aims to balance chamber

The Guardian - UK

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The Guardian - UK

After the Hong Kong inferno: inside the 5 December Guardian Weekly

Power, corruption and negligence. Plus: The rise of extremist Buddhism

Evening Standard

Labour MPs rebel against Rachel Reeves increasing taxes on family farms

Rachel Reeves has proposed an increase in inheritance taxes on family farms, which has been met with dissent across the agricultural community

The Guardian - UK

Spoilt for choice, Conspiracy Kemi grabs wrong end of every stick

After the budget there should have been easy wins for Badenoch at PMQs but the Tory leader just can’t help herself

Evening Standard

Energy firms told to pass on £150 discount to customers on fixed tariffs

Energy Secretary Ed Miliband has written to energy firms calling on them to ensure everyone benefits.

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The Independent UK

Energy giants told to pass on £150 discount to customers

Chancellor Rachel Reeves confirmed her intention to lower energy costs and alleviate the cost of living,

Evening Standard

Badenoch: Reeves could be prosecuted for market abuse over claims before Budget

The Chancellor has faced accusations she misled voters by overstating the scale of the fiscal challenge, but has denied doing so.

The Independent UK

Reeves accused of forcing OBR chief to quit after watchdog revealed truth about Budget black hole

Tory leader Kemi Badenoch led the accusation about Richard Hughes, the former chair of the Office for Budget Responsibility

The Independent UK

Watch in full: Starmer faces Budget grilling at PMQs

Watch as Sir Keir Starmer faces a grilling over the Budget at Prime Minister's Questions on Wednesday (3 December).

Evening Standard

Chancellor Rachel Reeves accused of overstating chess championship win

Ms Reeves has used her love of the board game to promote herself as a strategic and competitive Chancellor

The Guardian - UK

Fear of facing the future has British politics stuck in the past

Keir Starmer and Rachel Reeves claim to be dealing with the world as it is, but seem to yearn for a world that has disappeared, says the Guardian columnist Rafael Behr

Evening Standard

Keir Starmer to face PMQs amid continued Budget questions

The OECD has warned tax hikes and reduced spending will act as a ‘headwind’ to the UK economy over the next two years.

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