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The Latest Breaking News from Rachel Reeves

How does freezing income tax thresholds affect your own tax bill?

Rachel Reeves is freezing tax thresholds in an attempt to plug the hole in the public accounts. Find out how it affects your tax bill

The Guardian - UK

Taxes hiked to ‘all-time high’ by Reeves as growth forecasts cut

More than 1.7 million people will face paying more income tax under the Chancellor’s plans.

Evening Standard

Reeves takes aim at ‘hypotherapist’ Zack Polanksi during Budget address

Rachel Reeves made a jab at “hypnotherapist” Zack Polanski whilst announcing her Budget on Wednesday (26 November).

The Independent UK

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From mansion tax to cash ISA changes: Key announcements in Reeves’ Budget

The chancellor has unveiled £26bn worth of tax rises in the Commons as she attempts to plug a multi-billion pound gap in Britain’s ailing public finances

The Independent UK

Criminal inquiry demanded as ‘unprecedented’ leak of Chancellor's Budget reveals £26bn tax rises

Rachel Reeves condemns ‘deeply disappointing’ accidental release of Budget details ahead of her Commons statement

Evening Standard

Freeze to income tax thresholds extended to 2031 – what does it mean for me?

It means the current income tax bands will stay as they are until at least April 2031, for taxpayers in England, Wales and Northern Ireland.

Evening Standard

Rachel Reeves to change pension salary sacrifice schemes — what you need to know

IN FULL

The Independent UK

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Several arrests after farmers bring tractors to capital for Budget protest

Reform UK promised to provide legal support for those held by the Metropolitan Police

Evening Standard

Farage makes pledge after multiple arrests made at farmers’ London protest

Reform UK said they will cover the legal defence of those arrested

The Independent UK

Millions of UK Minimum Wage Earners to Get Pay Rise, but Business Leaders Warn Against Possible Backlash

Chancellor Rachel Reeves announced the pay increase for millions of low-income workers, causing concern for business experts.

International Business Times UK

Budget 2025: Key points on Reeves tax, pensions and benefits plan after details leaked in shock blunder

The Chancellor told the Commons how she is launching a £26 billion tax raid as she unveiled some giveaways to tackle the cost-of-living crisis

Evening Standard

Two-child limit scrapped at cost of £3bn to cut child poverty by 450,000

The confirmation the cap will be scrapped was immediately welcomed by organisations which have long campaigned for it to go.

Evening Standard

Budget 2025: key points at a glance

Rachel Reeves has announced her financial update – here are the main points, with political analysis

The Guardian - UK

Budget at a glance: What has Rachel Reeves announced?

Here, the PA news agency looks at the tax rises and cost-of-living measures in Wednesday’s Budget.

The Independent UK

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The Independent UK

Inflation and unemployment forecasts hiked as tax burden to hit record – OBR

It came as the UK’s official forecaster also reported that economic growth will be weaker than expected from 2026.

The Guardian - UK

Ministers approve £750m Marlow Film Studios development after review

Planning permission granted for Buckinghamshire project seen as test of Labour’s drive for economic growth

Evening Standard

Tax hiked and growth downgraded as details of Budget released early

The OBR confirmed Rachel Reeves’ Budget ‘raises taxes by amounts rising to £26 billion in 2029-30’.

The Guardian - UK

Rachel Reeves says budget will cut living costs after shock OBR leak

Chancellor unveils action on energy bills, rail fares and two-child benefit cap as she reveals £26bn tax rises

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news in one place.

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The Independent UK

Australia will enforce a social media ban for children under 16 despite a court challenge

The Australian government says children under 16 will be banned from social media next month as scheduled despite a legal challenge

Evening Standard

Live: Reeves asks ‘everyone to make contribution’ in Budget tax threshold freeze

The OBR has apologised after the unprecedented early release of its economic and fiscal outlook document ahead of the Budget.

Evening Standard

Rachel Reeves mocked in fake 'Grand Theft Austerity' AI video game

The parody video depicts the AI chancellor beating up people, and even pigeons, to steal their coins and ‘feel the thrill of fiscal responsibility’

The Independent UK

Rachel Reeves says Labour does not need to raise taxes in Budget in resurfaced clip

Rachel Reeves vowed not to increase taxes in the Budget, a resurfaced clip shared by Kemi Badenoch shows.

The Independent UK

Crisis-hit Your Party rules out co-leadership after Corbyn and Sultana’s public spats

The decision to rule out co-leadership in the short term comes after a turbulent first few months for the party, marred by infighting

Evening Standard

The Standard Podcast: Labour support in London hits all-time low

Listen here on your chosen podcast platform.

The Independent UK

Simon Harris responds to warning Ireland is budgeting ‘like there’s no tomorrow’

The Irish Fiscal Advisory Council (IFAC) issued the warning a week after Mr Harris became Finance Minister.

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