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The Latest Breaking News from Rachel Reeves

Heathrow third runway: Government admits it may miss sustainable aviation fuel target key to airport expansion

The Government has backed a bigger Heathrow and is now deciding how tests on economic growth, air quality, noise and climate change should be set

Evening Standard

We can’t keep getting it wrong first time, Streeting admits after series of government U-turns

Health secretary says the government’s ‘new year’s resolution’ should be to ‘get it right first time’

The Independent UK

Lending to small businesses and low-income areas must expand, say Labour backbenchers

Senior politicians have tabled bill that would force UK banks to make affordable finance more accessible

The Guardian - UK

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Claims Reeves’s post-Budget U-turns cost her £3bn of £22bn headroom in just six weeks

The chancellor is under pressure to turn her March spring statement into a mini-Budget after a series of concessions and U-turns in recent weeks

The Independent UK

What's on the economic horizon: The Standard's Business Editor Jonathan Prynn on the year ahead

A survey of finance chiefs from accounting firm Deloitte found “geopolitical risk” ranked the number one concern among major UK businesses

Evening Standard

14 screeching Labour U-turns since Starmer came to power – as plans to postpone local elections cancelled

The Government has abandoned plans to delay elections across 30 councils

Evening Standard

Pubs tax U-turn sign of ‘confident’ Government, insists Labour chairwoman

The Treasury is understood to be preparing a support package for the pub industry, due to be announced in the coming days

Evening Standard

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UK politics: Reform UK mayoral candidate apologises for Lammy ‘go home’ tweet – as it happened

Chris Parry, who is contending for the Hampshire and Solent mayoralty, says his post was intended ‘ironically’

The Guardian - UK

Rachel Reeves’s pub reprieve is nothing for Labour to cheer about

THE INDEPENDENT VIEW: Editorial: The government’s latest U-turn, over business rate relief, will be welcomed by publicans – but it only comes after a noisy nationwide campaign that saw MPs banned from more than a thousand boozers. It is sadly emblematic of how this administration goes about its business

The Independent UK

‘They are going after everything rural’: inheritance tax U-turn does little to dampen farmers’ anger at Labour

At the Oxford farming conference there were signs the government has much to do to win back farmers’ trust

The Guardian - UK

Ministers face calls to expand business rate relief beyond pubs as U-turn looms

Trade bodies said ‘piecemeal responses’ will not ‘save our high streets’.

Evening Standard

Reeves’s promise of pub business rates U-turn averts Labour rebellion

Change in England largely welcomed by industry and Labour MPs but represents another climbdown

The Guardian - UK

‘Make your mind up – it’s bonkers’: Exasperated pubs welcome business rates U-turn but warn they need more help

Chancellor is now expected to extend relief to help pub landlords in latest policy rowback

The Independent UK

Pubs handed a lifeline as Reeves set to U-turn on plans to scrap business rate relief

Exclusive: The chancellor is set for another major U-turn after coming under pressure from Labour MPs

The Independent UK

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The Independent UK

House prices: What experts say will happen in 2026 after another fall in December

Consecutive months of price drops were a result of Budget uncertainty

Evening Standard

Rachel Reeves to U-turn on pubs tax raid after fury from industry and MPs

Backbench MPs have expressed concerns over business rates hikes and the withdrawal of a Covid-era tax breaks announced at the budget

inkl

ISA Changes on the Horizon: What You Need to Know for 2026

Some of the biggest changes for the future of ISAs have now been announced in Chancellor Rachel Reeves’ latest budget.

The Guardian - UK

Reeves condemns Farage opposition to lifting two-child benefit cap

Exclusive: Chancellor says Reform leader wants to keep children in poverty based on skin colour after U-turn

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Evening Standard

DLR extension to Thamesmead 'significantly' more than £1.5bn as Abbey Wood link is ruled out

City Hall jobs still on the line despite mayor Sadiq Khan receiving more money than expected from Chancellor Rachel Reeves

The Guardian - UK

The FTSE at 10,000: a missed opportunity for some marketing razzmatazz

If Rachel Reeves and the London Stock Exchange want to encourage investing, they should have milked this moment

Evening Standard

Spring statement to take place on March 3, Rachel Reeves tells MPs

The Chancellor said the Government only plans to deliver ‘one major fiscal event a year’.

The Guardian - UK

UK credit card borrowing rises at fastest annual rate in almost two years

Bank of England says individuals borrowed extra £2.1bn in consumer credit in November

Evening Standard

Swinney says ‘variety of tactics’ could be used to win second independence vote

The Holyrood elections take place in May.

Evening Standard

Nigel Farage’s Reform UK to win eight seats in London at next General Election as Labour implodes - new poll

Full list of constituencies in the capital set to change hands in 2029, according to new survey

Evening Standard

Will 2026 be a good year to buy or sell a home? The experts weigh in

Looking to move home in the new year? Property experts share their advice

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