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The Latest Breaking News from Rachel Reeves

Keir Starmer must come to the defence of his chancellor’s spending review

THE INDEPENDENT VIEW: Editorial: In spite of Rachel Reeves’s much-vaunted increase in MoD expenditure, a rise to 2.6 per cent of GDP can only be achieved by draining the overseas aid budget, reallocating intelligence agency funds, and other sleights of hand. When the prime minister faces Nato leaders, including Donald…

The Independent UK

Does Labour’s spending review signal a return to austerity?

Rachel Reeves is increasing overall budgets after deep Tory cuts, but some departments face bigger spending cuts than others

The Guardian - UK

SNP slam UK Government as £2.5 billion GB Energy funding raid revealed

THE SNP have hit out at the UK Government after it was revealed that Rachel Reeves has effectively cut £2.5 billion of GB Energy funding ...

The National (Scotland)

From analysis to the latest developments in health,
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Demob-happy IFS director tears into Rachel Reeves’s spending review

Blistering analysis by outgoing chief concludes chancellor likely to end up ‘gnat’s whisker’ away from tax rises

The Guardian - UK

Voices: Look away, Sir Keir! Labour’s bible has given its verdict on you

COMMENT: The New Statesman’s new editor is a critical friend of the prime minister – very critical, as it turns out, writes John Rentoul (a former deputy editor of the magazine)

The Independent UK

Government ‘putting its money where its mouth is’ with £200m for Acorn scheme

Energy Secretary Ed Miliband visited the Acorn site in Aberdeenshire as it was confirmed it would get £200 million of development funding.

Evening Standard

Ben Wallace accuses Labour of ‘conning’ public over defence spending boost claim

Concerns have been raised that the increase in defence spending pledged by Keir Starmer’s government is ‘smoke and mirrors’

The Independent UK

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Tax hikes ‘almost certainly’ to come if economy worsens, IFS says

IN FULL

The Independent UK

Voices: First the spending review, now the economy – what else lies in wait for Rachel Reeves?

COMMENT: Official figures showed UK plc plunged into the red in April, contracting by 0.3 per cent. There is no sugarcoating how bad a result that is for the chancellor, writes James Moore

The Independent UK

'Not helpful': Top economic institute calls out Labour's Spending Review claim

SCOTLAND’S leading economic research institute has called out Labour MPs and MSPs for claims about Rachel Reeves’s Spending Review that are…

The National (Scotland)

Voices: Yes, ‘Renewal’ Reeves needs to raise taxes – but how will she pull it off?

COMMENT: The chancellor’s fiscal headroom is already compromised by her commitment to tackle child poverty, writes Sean O’Grady. So she needs luck – and to be more boring than ever – to raise the revenue she desperately needs

The Independent UK

Tax hikes will come if economy shrinks any further, IFS warns Rachel Reeves

Institute for Fiscal Studies suggests Treasury is ‘making up the numbers’ as it warns council tax will rise at fastest rate in a generation

The Independent UK

Council tax bills set to rise at fastest rate for two decades, economist warns

Paul Johnson said council tax bills could rise by 5% a year following the Chancellor’s spending review

Evening Standard

Housing market recovering but ‘long way from buoyant’, housebuilder says

Crest Nicholson highlighted ‘encouraging signs emerging in the UK housing sector’.

Evening Standard

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Evening Standard

Reeves slaps down Sadiq Khan for saying Met Police will have to impose cuts after spending review

London mayor Sir Sadiq warns the capital will have fewer officers in a rare ‘red on red’ clash with the Labour chancellor

Evening Standard

UK Government ‘committed’ to Acorn carbon capture project in Scotland – minister

Kirsty McNeill said the inclusion of development funding for the scheme in the spending review shows the Government’s support for it.

The Guardian - UK

Reeves rules out disability benefit cuts U-turn but says rules may be tweaked

Chancellor says criteria for getting personal independence payment are being reviewed

The Independent UK

Rachel Reeves fails to rule out future tax rises as economy shrinks

However, the Chancellor repeated her promise that she would not need to increase taxes on the same scale as last year.

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news in one place.

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The Guardian - UK

Britain on track to become a ‘National Health State’, says thinktank

Resolution Foundation says half of all public spending will be allocated to the NHS and social care by the end of the decade

Evening Standard

The UK is turning into a 'National Health State', experts say after Rachel Reeves' spending review

The Resolution Foundation warned that funding for the NHS was increasingly coming at the expense of other public services

The Guardian - UK

UK politics: Reeves only a ‘gnat’s whisker’ from having to raise taxes in autumn, says IFS – as it happened

Institute for Fiscal Studies says Treasury figures for projected efficiency savings are not credible

Evening Standard

Economy shrinks by more than expected amid record fall in exports to the US

Exports to America fell at the fastest pace on record, down £2 billion in April, according to the ONS.

The Independent UK

Voices: Dear Vix: I feel ashamed to admit it – but I really don’t like my parents

DEAR VIX: Do you have a problem you would like to raise anonymously with Dear Vix? Issues with love, relationships, family and work? Email dearvix@independent.co.uk

The National (Scotland)

UK economy sees biggest drop since October 2023 in blow for Rachel Reeves

THE UK economy saw the biggest monthly contraction for a year-and-a-half in April in a setback for Chancellor Rachel Reeves ...

The Independent UK

Blow for Rachel Reeves after UK economy shrinks by more than expected

The cut to GDP figures will be bad news for the chancellor in her mission to grow the UK economy

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