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The Latest Breaking News from Rachel Reeves

Rachel Reeves urged to break manifesto pledges to avoid ‘pasty tax’ budget

Labour colleagues advise chancellor against string of small money-raising measures, as OBR presents forecast

The Guardian - UK

Bank governor warns of risks of cutting regulation in bid for growth

Andrew Bailey said in a speech in Amsterdam he can see evidence that there is a ‘risk of history showing signs of repeating itself’.

Evening Standard

UK chancellor pledges 'youth guarantee' for Gen Zers 18 months out of work: a job, a trade, or college placement

The Labour Party looks to wrangle in high youth unemployment after a historic low in 2022.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

What a £5 coffee (or a £100 Pizza Express) tells us about a changing Britain

For many Gen Xers, it feels like we’re sliding back towards the land of our childhoods: where eating out was for special occasions, and Thermoses were king, says Guardian columnist Gaby Hinsliff

The Guardian - UK

Rachel Reeves could raise £45bn in taxes and keep promises, report says

Chancellor has ways to cover UK deficit without breaching spirit of Labour manifesto, Morgan Stanley claims

The Guardian - UK

Michelle Mone accuses Rachel Reeves of inflammatory remarks over PPE ruling

Peer writes to PM over chancellor’s ‘vendetta’ comment after company ordered to repay £122m of Covid contract

The Guardian - UK

Baroness Mone accuses Chancellor of ‘inflammatory’ language in letter to PM

Rachel Reeves is reported to have joked that the Government had a vendetta against peer Lady Mone during a fringe event at Labour’s party conference.

Evening Standard

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Michelle Mone claims her 'personal safety' is at risk amid PPE scandal

Tory peer Michelle Mone has demanded Keir Starmer ends the “vendetta” against her after a firm linked to her was ordered to repay £122 million…

The National (Scotland)

UK considers stamp duty exemption for newly listed company shares

As Rachel Reeves’s budget looms, Treasury weighs up proposals to make British markets more attractive

The Guardian - UK

Rachel Reeves says she will 'always be a friend of Israel'

Rachel Reeves has said she will "always be a friend of Israel".

The National (Scotland)

Labour must avoid half measures on the two-child benefit cap

Letters: Readers react to a report that Labour is considering alternatives to completely scrapping the cap on child benefit and other news from the Labour party conference

The Guardian - UK

Who will run our primary school libraries?

Letters: Julia Edwards has doubts about the government’s promise on libraries in English primary schools

The Guardian - UK

The overlooked service that could make plans for a library in every primary school in England a reality

In a speech delivered at the Labour party conference, Chancellor Rachel Reeves committed to “providing a library in every single primary school in England by the end of this parliament”.

The Conversation

Mone should not be in Lords after Covid PPE contract breach, says Reeves

The Government has won a £122 million case against a company linked to the Tory peer.

Evening Standard

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The Guardian - UK

Labour considering charging workers for employment tribunal claims, sources say

Exclusive: Reintroducing tribunal fees would be ‘a gift for bad bosses’, says TUC chief Paul Nowak

Evening Standard

London tax bombshell: 170,000 would be hit by stealth income threshold freeze extension

Rachel Reeves admitted during the Labour Party Conference that she no longer stands by her pledge last year not to raise taxes

International Business Times UK

UK Economic Growth Stalls at 0.3% — Tough Choices Loom for November Budget

UK GDP grew just 0.3% in Q2 2025, raising pressure on Chancellor Reeves ahead of the November Budget as tough tax and spending choices loom.

Evening Standard

Company linked to Mone must repay almost £122m over Covid PPE contract breach

The Department of Health and Social Care sued PPE Medpro at the High Court for supplying 25 million gowns that were not suitable for NHS use.

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International Business Times UK

UK Business Confidence Plunges to Record Low as Labour and Energy Costs Bite

UK business confidence hits record low in September as labour and energy costs surge. IoD urges Reeves to deliver a growth-focused November budget.

The Guardian - UK

UK business confidence falls to record low amid rising employment costs

Survey of bosses shows energy prices also a concern, as Bank policymakers warn inflation may take longer to drop

The Independent UK

Reform war on clean energy will ‘betray’ young people and ‘wreck everything’, Miliband to say

Miliband will use his speech to attack Reform leaders who said they would ‘declare war’ on green energy projects

The Guardian - UK

Rachel Reeves gets a warm reception but business chiefs are wary of another tax raid

Questions grow over how chancellor will raise cash in the autumn budget to meet her fiscal rules

The National (Scotland)

Rachel Reeves to lift two-child cap in Autumn Budget, reports say

RACHEL Reeves is set to lift the two-child benefits cap in the Autumn Budget, according to reports.

Evening Standard

Chancellor Rachel Reeves set to lift two-child benefit limit in November Budget

Chancellor fails to deny report she will make an announcement on the controversial policy in her Budget statement

Euronews

Britain's PM Keir Starmer accuses Nigel Farage of trying to divide UK at Labour conference

Labour promised economic growth, but has struggled to deliver and inflation remains stubbornly high with a subdued economic outlook.

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