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The Latest Breaking News from Rachel Reeves

National debt crisis will be averted by governments 'mobilizing and encouraging' private wealth to fill their budget holes, says UBS

"Governments have long mobilized private wealth to support public finances. There are several approaches," UBS chief economist, Paul Donovan, outlined in a recent call.

Fortune

How Motability cuts went from a rightwing online campaign to Rachel Reeves’s budget

Car lease scheme for people with mobility problems portrayed as ‘free’ but is funded by benefits and their own contributions

The Guardian - UK

Don’t worry, Rachel Reeves – you’re not the only one with embarrassing relatives

IN FOCUS: Rachel Reeves’ Budget week from hell has just got worse, as her own uncle Terry has publicly criticised her policies. But she’s far from the only public figure with an embarrassingly vocal family member, as Katie Rosseinsky discovers

The Independent UK

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

Reeves defends £26bn tax raid after Budget backlash as watchdog urged to investigate ‘false briefings’

The chancellor doubled down on her tax hikes, saying she wasn’t willing to cut public services

The Independent UK

Reeves defends Budget tax and spending choices as ‘fair and necessary’

The Chancellor she had made choices to increase taxes and improve public infrastructure, and had ‘chosen to protect public spending’.

Evening Standard

Higher business taxes to cost pub sector £150m and threaten jobs – analysis

Firms will end up paying more despite business rates being lowered in the Budget, industry bosses are warning.

Evening Standard

Flynn warns foundations of UK ‘can’t and won’t be fixed’ as SNP eyes indyref2

The SNP Westminster leader has urged Scots to back his party at next year’s election.

Evening Standard

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No 10 denies Reeves 'lied to public about £21bn black hole' before budget

Conservative leader Kemi Badenoch claimed the Chancellor ‘lied to the public’ and was ‘bribing Labour MPs to save her own skin’

Evening Standard

Starmer’s employment rights U-turn is a sharp move few will cheer him for

THE INDEPENDENT VIEW: Editorial: The six-month qualifying period for protection from unfair dismissal is a step in the right direction, which should have been taken long ago – but this dangerous habit of breaking manifesto pledges is compounding a crisis of trust in politics

The Independent UK

Woman jailed for harassing Rachel Reeves’s MP sister

Tracey Smith sent the government minister and MP Ellie Reeves 22 emails and 10 voicemails

The Guardian - UK

People deriving income solely from state pension won’t be taxed, says chancellor

Clarification creates prospect of two-tier system for retirees solely on new state pension and those on private schemes

The Guardian - UK

Your Party or Our Party: Your Party reveals new name options after months of indecision

Members of the fledgling party will be able to vote between the four options

The Independent UK

‘The City can’t be taken for granted’: how banks won over Rachel Reeves

JP Morgan and Goldman Sachs to expand UK presence after sector was spared from higher taxes in budget

The Guardian - UK

Reeves accused of misleading public on Budget black hole to justify £26bn tax raid

Badenoch claims chancellor ‘lied to the public’ and was ‘bribing Labour MPs to save her own skin’

The Independent UK

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The Conversation

What the budget means for the NHS

The NHS didn’t receive a great deal of specific attention in Rachel Reeves’ budget. She mentioned it, but in fairly general terms around plans to invest and cut waiting lists.

The Conversation

Polls say Starmer and Reeves are the most unpopular PM and chancellor ever – what’s a fair way to judge them?

After last year’s tax-raising budget, UK chancellor Rachel Reeves assured the public that Labour had “wiped the slate clean” and would not be coming back for more. And yet this year, the chancellor froze tax thresholds and introduced several other tax-raising measures in a budget that was called “brutal” even…

The Independent UK

Woman who threatened Rachel Reeves’ sister with ‘bullets’ jailed for harassment

Tracey Smith sent her MP Ellie Reeves emails and voicemails accusing her sister, the chancellor, of physically assaulting her

Evening Standard

Pubs warn alcohol prices will rise even more as industry hit by 'brutal' Budget

A slew of price increases are hitting pubs after Rachel Reeves’ budget, with many doomed to close

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The Guardian - UK

Congratulations, everyone! Starmer survives another week, and it’s only cost us £26bn

Labour can proudly say this was a budget for working people – that is, if your job happens to be prime minister, says Guardian columnist Marina Hyde

Evening Standard

Fury as London pubs, hotels, and shops hammered by business rates soaring by tens of thousands of pounds

Premier Inn expects its business rate bill to go up by between £40 million and £50 million a year

Evening Standard

Frasers to give glimpse into retail conditions after ‘challenging’ year

The retail group, which owns brands including Sports Direct and House of Fraser, will publish its half-year financial results on Thursday.

Evening Standard

No 10 denies Reeves misled public over the UK's finances ahead of Budget

Conservative leader Kemi Badenoch claimed the Chancellor had ‘lied to the public’ and should be sacked

The Independent UK

No 10 denies Reeves misled over black hole as OBR letter challenges warnings

The Chancellor was told in October by the Budget watchdog that her spending plans would no longer incur a black hole.

The Conversation

Why Rachel Reeves chose to disappoint voters with her budget

In walking the political tightrope of her own budget this week, Rachel Reeves had to broadly satisfy three critical audiences. There were her own MPs in the parliamentary Labour party, business and financial markets and, of course, voters who ultimately determine whether the Labour government is re-elected three or four…

Evening Standard

Trans woman jailed for harassing minister Ellie Reeves as judge slams civil courts for enabling abuse

District Judge Michael Snow said he is ‘appalled’ at the badly organised civil courts

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