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The Latest Breaking News from Rachel Reeves

Stocks rise and pound climbs as Budget rumours swirl

Chancellor Rachel Reeves is due to deliver her statement to the Commons on Wednesday.

Evening Standard

Rachel Reeves expected to scrap £300m in tax breaks for Motability scheme

Plan to remove relief from scheme that helps provide cars for disabled people likely to concern some Labour MPs

The Guardian - UK

Ultra wealthy are looking to leave the U.K. thanks to tax hikes—but the CEO of $1 billion tax platform says it’s their ‘social responsibility’ to stay

As Rachel Reeves plans to raise taxes in the U.K., Taxfix CEO Martin Ott admits ultrawealthy clients are eyeing an exit—but says it’s their “social responsibility” to stay.

Fortune

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read the most diverse news in one place.

London visitors to pay tourist tax under Rachel Reeves Budget plans

Rachel Reeves, who is set to deliver her Budget on Wednesday, has signed off measures that will give English cities and regions the power to charge tourists

Evening Standard

Help to Save scheme expected to be expanded and made permanent from 2028

An expansion of the scheme will help some parents and carers to build a savings buffer.

Evening Standard

Stormont ability to mitigate Budget decisions ‘very restricted’, O’Dowd says

Chancellor Rachel Reeves will deliver her autumn Budget on Wednesday.

Evening Standard

What to expect in budget 2025: tax, VAT, pensions, savings and more

Here’s what Rachel Reeves is tipped to announce after months of speculation

The Guardian - UK

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Budget 2025: 1.7 million workers to pay more income tax due to Reeves’s ‘stealth tax’

It will mean £140 more in tax for hundreds of thousands of earners

The Independent UK

Chancellor ‘planning stamp duty holiday on newly-listed company shares’

Rachel Reeves is said to be announcing the move in Wednesday’s Budget to help buoy the City’s competitiveness for IPOs.

Evening Standard

Rachel Reeves plans stamp duty holiday for investors

The move is aimed at revitalising London’s flagging financial market

The Independent UK

Rachel Reeves wants to achieve these five things with her Budget – it won’t be easy

BUDGET 2025: The chancellor took on her role wanting nothing more than economic growth, but her priorities have now dramatically changed, as political editor David Maddox explains

The Independent UK

Motability scheme explained: What it means for drivers ahead of Budget Day

Chancellor Rachel Reeves aims to cut £1 billion from the Motability scheme in the upcoming Autumn Budget.

Evening Standard

What Rachel Reeves could do to pension tax at the Budget

As the chancellor looks to bolster government funds, few options remain off the table

The Independent UK

Reeves’s plan to cut cash Isa limit could raise mortgage rates, say finance bosses

Building societies fear consumers will be put off from saving if chancellor’s budget announces a 40% reduction

The Guardian - UK

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Evening Standard

How many children in your London borough will benefit from Reeves axing two-child welfare cap? Check our interactive map

Newham, Tower Hamlets and Hackney set to be the London boroughs where most families benefit from lifting of two-child welfare cap

The Independent UK

EasyJet boss warns against Budget move to hike flight taxes

Chief executive Kenton Jarvis said any increase would ‘dampen demand’.

The Independent UK

Tax expert reveals key reasons why Rachel Reeves’ mansion tax won’t work

Dan Neidle warns Rachel Reeves against a plan to use outdated valuations to force people to pay her planned mansion tax

Evening Standard

Farmers' protest in London: Everything you need to know about the event

The farmers’ protest is another so-called ‘go slow’ tractor march, with hundreds of vehicles taking to London’s streets.

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The Guardian - UK

UK bank shares rise after reports of budget tax reprieve

NatWest, Lloyds and Barclays stock up amid expectation Rachel Reeves will spare lenders from further levy

The Independent UK

Your cash ISA options after Rachel Reeves’s Budget cut – and the exemption you need to know about

A cut to the cash ISA limit doesn’t have to have a negative impact on your savings or your future

The Independent UK

Rachel Reeves ‘right’ about misogyny in politics, says James Cleverly

Rachel Reeves is “right” about misogyny in politics, James Cleverly said while discussing the “abuse” he has seen his female colleagues endure.

Evening Standard

Why Keir Starmer's home will avoid Chancellor's 'mansion tax' set to hit thousands of Londoners

Rachel Reeves is expected to announce a surcharge – estimated at an average of £4,500 – on homes in the highest council tax bands in her Budget

International Business Times UK

Chancellor Rachel Reeves Signals Tax Rise on the Rich as She Eyes Mansion Tax to Bridge Deficit

Rachel Reeves plans a mansion tax on £2m-plus homes to raise revenue and close the fiscal gap while keeping Labour's pledges on income tax and VAT across UK law.

The Independent UK

‘Madness’ to increase welfare spending in Budget, says AO World boss

Chief executive John Roberts urged the Chancellor to cut spending and ‘make some difficult decisions’.

Euronews

What’s at stake in the UK Autumn Budget? Here are the points to watch

UK Chancellor Rachel Reeves faces the challenge of raising an estimated £20-30bn, with both her and the government’s credibility on the line.

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