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The Latest Breaking News from Rachel Reeves

Nigel Farage suggests young people on minimum wage earn too much

Reform UK leader also predicted a general election within the next two years, as a consequence of Rachel Reeves’s ‘austerity Budget’

The Independent UK

What's 'front of mind' for Chancellor Rachel Reeves as she plans Budget tax rises and will they hit you?

Cabinet colleague Heidi Alexander gave an insight into Ms Reeves’ thinking

Evening Standard

'Unfair to Taxpayer': Reeves Targets Luxury Car Deals for Welfare Recipients in Major Reform

Rachel Reeves' Motability reforms spark debate over fairness, compassion, and taxpayer responsibility ahead of her forthcoming Budget.

International Business Times UK

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UK economy ‘doomed’ under Labour, says Ryanair chief

Michael O’Leary says Rachel Reeves needs tax cuts to create growth, as airline’s profits jump 42% in first half

The Guardian - UK

Top City Economist: My ten point guide to what the Budget will deliver

Chancellor Rachel Reeves could lost her job if Labour lose more ground in the polls

Evening Standard

Rachel Reeves’s housing scandal was a small administrative error, but a big political mistake

At a time of austerity, and with Labour’s housing policies needing years to take effect, the public doesn’t want to hear about ministers with multiple homes, says Oliver Eagleton, managing editor of Phenomenal World

The Guardian - UK

High Court battle against Gatwick Airport new second runway launched by local campaigners

The Government is facing a judicial review challenge after backing expansion of the Sussex airport

Evening Standard

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Scrap tourist tax, university foreign students levy and cut stamp duty on shares to boost London, Reeves urged

The Chancellor could also create new jobs and more homes by supporting new transport schemes for the city, say London bosses

Evening Standard

Tax rises and drop in investment predicted to limit UK growth

EY Item Club downgrades forecast for next year, with Office for Budget Responsibility expected to follow suit

The Guardian - UK

Stormont Finance Minister presses Chancellor to focus on help for working families

John O’Dowd said more had to be done to help with the cost of childcare.

Evening Standard

Rachel Reeves’s 5% VAT cut on electricity bills will backfire, experts say

Critics believe cut would mostly benefit better-off people with larger homes and increase carbon emissions

The Guardian - UK

Head of UK’s largest union says she doesn’t know if Starmer will remain Labour leader after May

Prime minister facing disastrous elections in Scotland, Wales and England next year as his party trails Nigel Farage’s Reform UK in the polls

The Independent UK

A million young people aren’t in a job or training. Britain has a problem

With the jobless rate now at 4.8%, ministers are urged to do more, especially for those with disabilities or health conditions

The Guardian - UK

Weaker forecasts will have ‘consequences’ at Budget, warns minister

John Healey insisted no decisions had been made on the final shape of the Budget to be delivered on November 26.

Evening Standard

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Evening Standard

Bank ‘unlikely’ to cut interest rates but decision a close call, experts say

The Bank’s Monetary Policy Committee will make its next decision on interest rates on Thursday.

The Independent UK

Kemi Badenoch has six months to save the Tories – and her leadership, MPs warn

There is consternation among MPs that support for the Conservative Party has dropped seven points in the year since she became leader, with no signs of recovery

The Independent UK

Starmer to face cabinet backlash if he breaks manifesto pledge on income tax

Senior ministers fear rumoured plans could backfire significantly with already-weary voters

Evening Standard

Rachel Reeves prepares raid on pension tax perks

The Chancellor is reportedly planning to reform ‘salary sacrifice’ schemes

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The Guardian - UK

Rachel Reeves considers 20% tax on assets of people deciding to leave UK

Plans for ‘settling-up charge’ predicted to raise £2bn and would follow policy in place among most G7 countries

The Independent UK

Rachel Reeves considers ‘exit tax’ for wealthy Britons fleeing the country

The move, which has been labelled ‘crazy’ and ‘desperate’ by the shadow chancellor, could generate £2bn

The Independent UK

Rachel Reeves ‘eyes tax raid on expensive homes’ in crunch Budget

Mansions and other high value houses in Labour chancellor’s sights as she prepares for crucial Budget later this month

The Guardian - UK

‘It’s brutal, they feel very attacked’: budget uncertainty hits Southampton boat show

Rising prices and uncertainty over Rachel Reeves’s tax plans means this year many superyacht buyers are just browsing

The Independent UK

Rachel Reeves is guilty of carelessness and hypocrisy

THE INDEPENDENT VIEW: Editorial: Keir Starmer has said his chancellor will face no further action for ‘inadvertently’ failing to obtain a licence to rent out her home, and then misleading him about it. But she has fallen far below the standards that she set for her political opponents

The Guardian - UK

‘The money machine is misfiring’: City blames Brexit for UK’s £20bn productivity headache

Poor output since the leave vote has landed Rachel Reeves with a bigger-than-forecast budget spending gap

Evening Standard

The Standard podcast: Will the Chancellor be sacked over her rental rules breach?

Listen here on your chosen podcast platform.

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