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The Latest Breaking News from Rachel Reeves

Rachel Reeves to Unleash Massive Cuts After Slashing a Staggering £9.9 Billion

In a bold move to adhere to her strict borrowing rules, Chancellor Rachel Reeves is preparing to announce sweeping spending cuts this spring.

The Fashion Central

Sadiq Khan ignores call to earmark funding for legal challenge against Heathrow expansion

City Hall Liberal Democrats warn the mayor to ‘be careful not to appear to backtrack on promises he has made to Londoners’

Evening Standard

Fact check: Rachel Reeves worked for the Bank of England over five years

During her stint with the Bank, Ms Reeves spent some time on secondment to the British Embassy in Washington.

The Independent UK

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Rachel Reeves wrongly claims work published in world-leading economic journal

Rachel Reeves has wrongly claimed that she had work published in one of the world’s leading economics journals amid growing concerns that she…

The National (Scotland)

Farage bemoans ‘miserable’ Rachel Reeves amid call to ‘reindustrialise’

The Reform UK leader said ‘we need a change of attitude in Britain’.

Evening Standard

Rachel Reeves ‘wrongly claimed to have work published in leading economics journal’

Pressure growing on chancellor following allegations she exaggerated Bank of England experience on her CV

The Independent UK

Blow to Rachel Reeves as Supreme Court Shuts Down Her Move on Car Finance Payouts

The Supreme Court has rejected Labour Party Chancellor Rachel Reeves’ attempt to intervene in a high-profile case concerning a £44 billion bill faced by

The Fashion Central

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UK pay growth rises 6% despite job loss warnings after Reeves’s budget

Unemployment rate unchanged in three months to December, while vacancies increased in January

The Guardian - UK

Supreme court judges reject Reeves’ motor finance intervention

Chancellor had sought to prevent lenders caught up in commissions scandal being handed £44bn bill

The Guardian - UK

UK politics live: Starmer warns UK faces ‘generational’ threat to security as PM to meet Trump in Washington

Sir Keir will fly to Washington next week to meet with US president Donald Trump

The Independent UK

Reeves warned UK inflation will push public sector unions to seek higher pay rises

Plan for ‘reasonable’ 2.8% rises may prove insufficient, forcing chancellor to find billions in extra funding

The Guardian - UK

UK firms mull biggest layoffs in a decade as business confidence slumps

Impending tax rises from autumn budget fuel collapse in sentiment and rising redundancy intentions, surveys show

The Guardian - UK

Reeves’s tax hikes have triggered redundancies and new record low in business confidence, employers warn

Findings from the Federation of Small Businesses and the Chartered Institute of Personnel and Development will add pressure on the chancellor

The Independent UK

Reeves Threatens Popular Cash ISA Stability, Sparking Fury Among Savers and Experts

Savers across the nation are up in arms over potential changes to their beloved Cash ISAs, which currently hold over £300 billion in tax-free savings.

The Fashion Central

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The Guardian - UK

The north of England had high hopes for this government. Why is it only offering us crumbs from the south?

Neglect of schemes like the Tyne Bridge restoration contrasts sharply with bullishness over southern projects, says journalist and regional affairs expert Peter Hetherington

The Fashion Central

Labour Civil War Erupts as Rachel Reeves and Keir Starmer Face Off Over Defence Spending

Sir Keir Starmer is reportedly set to overrule Chancellor Rachel Reeves by pushing for increased military spending, as Labour comes under mounting pressure to

The Guardian - UK

‘Once you realise life is finite, you can’t procrastinate’: Mark Steel on the ups and downs of surviving cancer

The comedian tells Tim Jonze about politics, podcasts, family life’s ups and downs and surviving throat cancer. Plus, a remarkable extract from his new memoir

Evening Standard

What the papers say – February 16

Here are the biggest stories leading Sunday’s front pages.

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The Independent UK

Starmer pledges up to £2.5bn to help UK steel industry after Trump’s tariffs threat

US president announced a worldwide 25 per cent tariff on steel imports last week

The Guardian - UK

Rachel Reeves has three options to dodge an economic crisis and all are unthinkable

As her £9.9bn of headroom evaporates, chancellor will have to raise taxes, cut spending or break ‘iron-clad’ fiscal rules

The Independent UK

Voices: A cabinet reshuffle is coming: will it include Rachel Reeves?

COMMENT: MPs often say that they are not interested in the tittle-tattle of who is up and who is down, but they always are. And, notes John Rentoul, the growing speculation shines a light on ministers’ performances so far

The Guardian - UK

Starmer will go in ‘bin of history’ if he fails to raise defence budget, says ex-army chief

Gen Lord Richard Dannatt warns strategic review risks being ‘hollow’ and a ‘failure’ if spending is not increased

The Guardian - UK

Chemicals, cars, Man Utd: has Jim Ratcliffe’s Ineos got the formula wrong?

Billionaire’s sprawling business empire faces financial woes as easy earnings from petrochemicals have receded

The Guardian - UK

Rachel Reeves says ‘no one raised concerns’ about her expenses at HBOS

Science secretary calls BBC’s reporting ‘totally inaccurate’ after claim chancellor was investigated by former employer

Evening Standard

OPINION - Rachel Reeves goes to show how the dull can be dodgy

The allegations that the Chancellor enhanced her CV and was investigated for her expenses at HBOS detract from the Government’s credibility

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