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The Latest Breaking News from Rachel Reeves

UK sugar tax to be extended to more soft drinks and milkshakes; markets rally ahead of the budget – as it happened

Government sets out plans to lower the threshold within the Soft Drinks Industry Levy to 4.5g per 100ml, down from 5g

The Guardian - UK

Rachel Reeves urges Labour MPs to back her Budget as she vows not to let critics ‘beat me’

The chancellor looked to rally the Labour troops, vowing she’ll still be chancellor in two years’ time if they back her plans for the economy

The Independent UK

Tuesday briefing: Inside the latest Lords scandal – and the future of the peers

In today’s newsletter: What the suspension of Richard Dannatt and David Evans tell us about standards and accountability in the Lords, and the prospect of reform

The Guardian - UK

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Labour support in London at record low, new poll finds as Reeves Budget tax raid to hammer capital

Exclusive: Nigel Farage’s Reform UK surges to 23% in the capital, ahead of the Tories on 20%, with Labour on 32%

Evening Standard

Labour’s ‘blinkered’ drive to build risks pushing wildlife to point of no return, nature experts warn

Planning and Infrastructure Bill and weakening biodiversity gain rules will be disastrous, say RSPB and Wildlife Trusts

The Independent UK

Rachel Reeves set to cut annual cash ISA limit to £12,000 in Budget

The chancellor is set to lay out her highly-anticipated Budget on Wednesday

The Independent UK

Motability scheme to drop BMW and Mercedes as it aims to buy UK-made cars

Rachel Reeves says changes to subsidised scheme for disabled drivers will help support thousands of jobs

The Guardian - UK

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Rachel Reeves urges Labour MPs to back her make-or-break budget

Chancellor tells parliamentary party they might not like every measure but promises budget will be ‘fair’

The Guardian - UK

Revealed: The 600,000 London homes that could be revalued under Budget 'mansion tax'

Homes in Westminster, Kensington and Chelsea, Camden, Barnet, Richmond, Wandsworth and Hammersmith and Fulham are in the Chancellor’s firing line

Evening Standard

Brexit costing UK up to £90bn in lost tax revenue a year, new analysis shows

Exclusive: Britons also up to £3,700 worse off, leading to calls for the Labour government to improve relations with the EU

The Independent UK

Rachel Reeves vows to be Chancellor in two years time as she pleads for Labour unity head of Budget

Chancellor calls for unity as she speaks in front of restive backbenchers ahead of the Budget

Evening Standard

Reeves must prove she has a rock-solid plan to free us from this ‘growth crisis’

THE INDEPENDENT VIEW: Editorial: The chancellor’s second Budget has been overshadowed by bleak forecasts, but while the OBR’s downgrade exposes the fragility of Labour’s economic promises and the limits of government spin, she must still deliver

The Independent UK

FTSE 100 eases as EU leaders weigh Ukraine deal

The FTSE 100 index closed down 4.80 points, 0.1%, at 9,534.91.

The Independent UK

Two thirds of voters want Reeves to cut spending rather than hike taxes in Budget

Sir Keir and his chancellor Rachel Reeves are facing a make-or-break Budget this week, with the chancellor expected to increase taxes to plug the gaps in the public finances

The Independent UK

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The Conversation

The three spectres hanging over Rachel Reeves’ make-or-break budget

As the UK prepares for the budget announcement, familiar debates are taking shape. Should Chancellor Rachel Reeves cut welfare spending? Or reform the “triple lock” on state pensions?

The Independent UK

Reeves must use Budget to restore public trust in party, Scottish Labour leader warns

Anas Sarwar issued a warning days before the chancellor delivers her make-or-break Budget - with crucial elections in Scotland in May threatening to decide Keir Starmer’s future as PM

The Guardian - UK

Reeves expected to reveal cut in growth forecasts for next five years in budget

OBR has reportedly downgraded predictions after review that blames lack of investment under Tories

The Guardian - UK

Bond market power: why Rachel Reeves is keen to keep the £2.7tn ‘beast’ onside

Hugely influential traders will be hanging on the chancellor’s every word when she announces her budget

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news in one place.

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The Independent UK

Tory row erupts over jibe comparing Reform logo to Nazi badge

Conservative leader intervenes after party chair’s controversial tweet about Nigel Farage’s party

The Independent UK

‘I own a £2m farmhouse - Reeves’ mansion tax is nothing but punishment for being well-off’

Consultancy firm boss says raising income tax a fairer way for chancellor to bring in money as part of Budget

Evening Standard

Budget will show if Government is interested in supporting devolution – Robinson

The DUP leader said politicians in NI could not ignore financial challenges.

The Guardian - UK

Labour will listen to bosses’ concerns on workers’ rights, says business secretary

Peter Kyle tells CBI conference he will ensure firms do not lose as a result of overhaul

The Independent UK

How salary sacrifice schemes changes in Rachel Reeves’ Budget will affect you

Many people are already thought to be heading for a tough retirement financially

Evening Standard

What are salary sacrifice schemes and how do they work?

Speculation has mounted in recent days that salary sacrifice schemes for pensions could be curbed in the Budget.

The Independent UK

Cabinet minister admits Labour’s tax rises have driven wealthy out of UK

It comes just days after the prime minister was urged to tackle a ‘dangerous brain drain’ that is harming the UK economy

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