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The Latest Breaking News from Rachel Reeves

How the standoff between Rachel Reeves and the OBR unfolded

Treasury’s independent economic forecaster says outlook for economy rosier than chancellor led everyone to believe

The Guardian - UK

FTSE 100 down as US manufacturing growth slows

Analysts warned that the UK manufacturing sector’s recovery remains uncertain

Evening Standard

OBR chief Richard Hughes resigns amid growing chaos over Budget as PM defends Chancellor

Treasury minister James Murray told the Commons that the Government backs a ‘deeper forensic investigation’ into previous Office for Budget Responsibility (OBR) disclosures

Evening Standard

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Jeremy Clarkson says his children 'considered not coming back to UK’ after dream holiday

The Top Gear star has three children - Emily, 30, Finlo, 27, and Katya, 24

Evening Standard

Does Labour have a death wish or does it secretly enjoy the agony of self-sabotage?

Keir Starmer may be keen to move on from the budget megashambles, but chaos is hardwired into his party

The Guardian - UK

OBR chair quits after inquiry into early release of budget document

Richard Hughes takes ‘full responsibility’ for watchdog error as Starmer attempts to secure chancellor’s position

The Guardian - UK

Reeves warns against isolationist politics in Welsh summit speech

Rachel Reeves used her speech at the Wales Investment Summit to warn against the politics of ‘national retreat’.

Evening Standard

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OBR chief resigns after report blames leadership for Budget blunder

A damning report into last week’s Budget leak said the error was the worst failure in the OBR’s 15-year history

The Independent UK

OBR says inadvertent budget leak is ‘worst failure’ in its 15-year history

Investigation finds organisation’s leadership over many years was to blame for error, and similar breach happened earlier this year

The Guardian - UK

Why Rachel Reeves chose a ‘smorgasbord’ of tax tweaks – and the risks involved in that approach

Chancellor Rachel Reeves has delivered her second budget, in which she raised taxes by £26 billion. This will take the UK tax burden to an all-time high of 38% of GDP by 2030-31. But it will also more than double Reeves’ “fiscal headroom” to £22 billion.

The Conversation

Regents Park mansion sells for almost £11 million after Rachel Reeves's Autumn Budget

The Budget’s ‘soft landing’ triggered the £10.95 million deal, say selling agents Beauchamp Estates

Evening Standard

Starmer’s priorities have changed. He needs to be honest about why

NEWS ANALYSIS: The prime minister’s claim that he always wanted to scrap the two-child benefit cap will cast doubt on his attempt to reassure voters – and his own cabinet colleagues – that he and the chancellor told the truth about tax rises, writes political editor David Maddox

The Independent UK

Starmer says there was ‘no misleading’ by Chancellor ahead of Budget

Rachel Reeves has also reportedly been accused of misleading the Cabinet.

Evening Standard

Reeves ‘very clearly’ misled the public ahead of the Budget – Swinney

Labour ministers have denied any suggestion that Ms Reeves misled voters.

The Independent UK

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The Guardian - UK

Starmer raises pressure on head of OBR by saying budget leak was ‘serious error’

PM says he is ‘very supportive’ of spending watchdog but breach was a ‘massive discourtesy’ to parliament

Evening Standard

Mr Fogg's boss: Pubs? Rachel Reeves just hammered the final nail in their coffin

Going to your local may soon be a thing of the past, says Charlie Gilkes, unless Rachel Reeves acts now

Evening Standard

Did Rachel Reeves lie to justify her £26billion Budget tax raid?

The Chancellor is facing calls to resign over misleading the public and Cabinet minister over the state of Britain’s finances

The Independent UK

UK leader Keir Starmer backs his Treasury chief over claims she misled the public about the economy

British Prime Minister Keir Starmer has defended his Treasury chief Rachel Reeves against claims she misled the public about government finances before last week's tax-hiking budget

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Evening Standard

Peel Hunt cheers ‘positive steps’ in Budget to boost London market and investing

The Chancellor announced a three-year stamp duty holiday on shares bought in new UK IPOs as part of measures to encourage investing in UK shares.

The Independent UK

Watch: Keir Starmer defends Budget after claims Rachel Reeves misled public over tax hikes

Watch as Sir Keir Starmer defends Rachel Reeves after she has come under heavy criticism following last week’s Budget.

Evening Standard

Cabinet minister insists Reeves has ‘full support’ on Budget

Rachel Reeves has been forced to defend herself against claims she misled voters by talking up the scale of the fiscal challenge ahead of the Budget.

The Guardian - UK

UK politics: OBR chief resigns, saying budget leak was ‘technical but serious’ error – as it happened

Richard Hughes says he is stepping down in order to restore confidence in organisation

Evening Standard

Pint of beer price to rise in London pubs clobbered by Reeves on tax, business rates and staff pay hike

London MPs criticised the growing burden being placed on the hospitality sector by the Chancellor

The Independent UK

OBR chairman resigns after damning report into leak of Reeves’ Budget - latest

The report said the leak was ‘the worst failure in the 15-year history of the OBR’

The Guardian - UK

UK refrains from hitting high street on Black Friday as fears grow over economy

Data comes as KPMG highlights soft consumer spending as one factor likely to hold back growth in 2026

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