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The Latest Breaking News from Rachel Reeves

Top economist urges Reeves to raise basic rate of income tax for first time in 50 years

Institute for Fiscal Studies boss Paul Johnson warned Donald Trump’s trade war is ‘badly buffeting’ the UK economy

The Independent UK

‘Savage’ UK cuts will deprive 55m people of aid around the world

IN FOCUS: Exclusive: The cuts will result in a reduction of key programmes for education, family planning, water and food aid. Alicja Hagopian and Kate Devlin report

The Independent UK

Fury over plans for 'spy dungeons' beneath new Chinese embassy in London

The Conservatives have accused Keir Starmer of adopting ‘a policy of appeasement’ towards China

Evening Standard

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Do you yearn to hear Starmer condemn Trump? If so, you’re going to be disappointed

‘Don’t poke the beast’ remains the watchword at Number 10 even as the beast rampages around chewing the legs off the global economy

The Guardian - UK

Government announces extra help for businesses hit by US tariffs

The Chancellor said thousands of businesses would benefit from a move to expand UK Export Finance’s backing for firms by £20 billion.

Evening Standard

Rachel Reeves calls for global free trade fightback to protect UK economy

New measures announced to help tariff-hit British firms amid ambitious plans to foster closer ties with EU

The Guardian - UK

UK–US trade breakthrough possible within days amid tariff tensions

Further discussions with Washington are expected this week

Evening Standard

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Rachel Reeves Pushed to Launch Controversial New Tax Brits Have Never Paid Before

Believe it or not, a huge chunk of the public are actually on board with a new wealth tax. According to a recent YouGov poll for Oxfam.

The Fashion Central

Did Trump’s tariffs kill economic populism?

Lasting damage has been done not only to Trump’s political credibility but to globalisation as a system

The Guardian - UK

UK warned not to waste trade concessions to secure Trump deal as hopes of avoiding tariffs fade

Trade economist Simon Evenett told The Independent that the Trump administration seems ‘very reluctant to go below 10 per cent’ on tariffs

The Independent UK

Voices: Strong GDP growth is unexpected good news for Rachel Reeves – but there’s a ‘but’…

COMMENT : The boost to the British economy from a jump in exports to the US will be short-lived – thanks to Trump’s trade war over tariffs, says James Moore

The Independent UK

UK ‘resolved to get best deal’ with US despite American doubts about carve out

Rachel Reeves is travelling to Poland on Friday to meet European finance ministers.

Evening Standard

GDP jump offers Rachel Reeves some light as UK enters Trump tariff tunnel

Growth defied forecasts that chancellor had hobbled economy, but trade war casts long shadow

The Guardian - UK

Governing bodies braced for grassroots funding cuts from Sport England

English sport’s governing bodies are braced for central government funding cuts

The Guardian - UK

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The Guardian - UK

‘People love being here’: London development shows harmony between nature and housing

Five thousand new homes alongside a paradise for newts appears to fly in face of government’s ‘false wedge’

Evening Standard

Healey urges more support at ‘critical moment’ for Ukraine

Prior to a meeting of the Ukraine Defence Contact Group, the UK Government announced a £450 million ‘surge’ of military support to Ukraine.

Evening Standard

China hits back at US with 125% tariffs as Xi Jinping warns Donald Trump ‘there are no winners in trade war’

The move announced on Friday is the latest tit-for-tat retaliatory tariffs hike in a growing trade war between the two superpowers

International Business Times

UK's Unexpected Economic Rebound Boosts Govt Amid Trump Tariffs

Britain's economy grew far more than expected in February, official data showed Friday, in a rare piece of good news for the Labour government as it grapples with unpredictable US tariffs.

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The Guardian - UK

Starmer aiming to ‘pass emergency legislation in one day’ to save British Steel – as it happened

Parliament is being recalled on Saturday to vote on emergency legislation that will bring British Steel under government control

Evening Standard

UK economy grows faster than expected in February as Trump tariff threat looms

The figures are a positive for Labour, but economists said growth will likely be hampered by the US trade war in the coming months.

The National (Scotland)

Surprise as UK economy grows 'far faster than expected' after flat start to 2025

THE UK economy grew faster than expected in February, as the services and manufacturing sectors picked up after recent slow activity, official…

Evening Standard

UK economy grows by 0.5% in February in surprise boost for Labour

The figures are good news for Labour, which has made growing the economy its key priority since winning the election last year.

The Guardian - UK

UK economy far exceeds forecasts to grow 0.5% in boost to Rachel Reeves

February GDP rise was bigger than forecast but impact from Donald Trump’s tariff war has yet to come

Evening Standard

UK economy surges 0.5% in February in surprise boost for Rachel Reeves

However, City economists warned that the spurt could be short-lived as the impact of higher tariffs and business taxes kick in

The Independent UK

Government announces £450m military ‘surge’ to Ukraine ahead of defence summit

The funding was unveiled as a meeting of the Ukraine Defence Contact Group was due to be held.

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