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The Latest Breaking News from Rachel Reeves

Treasury ‘putting the squeeze’ on OBR over Labour growth plans amid tensions over downgrade

Rachel Reeves may have to find up to £30bn in tax rises or spending cuts if forecaster revisits expectations

The Guardian - UK

Will Labour’s climate plan survive the squeeze of tight budgets and rightwing attacks?

As Donald Trump calls climate change a ‘con job’ and Reform UK weaponises net zero, Starmer faces pressure to hold the line on commitments

The Guardian - UK

Liverpool headteachers warn Chancellor their schools are at breaking point

Heads have signed an open letter to Rachel Reeves calling on Labour to ‘restore the achievements of the last Labour government’ as conference starts

Evening Standard

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read the most diverse news in one place.

Sir Keir Starmer says he is ‘absolutely committed’ to Northern Powerhouse Rail

The delayed Northern Powerhouse Rail plans are to be unveiled ‘in the coming weeks’, a Government source has said.

Evening Standard

‘Near impossible’ for poorer families to afford food and bills as UK faces decade of falling incomes, report warns

The findings will pile further pressure on the chancellor to scrap the two-child benefit cap long blamed for keeping children in poverty

The Independent UK

London losing billions of pounds of tourist spending to rival European cities says new report

New figures show spending in Paris, Milan and Madrid soars as London flatlines

Evening Standard

Starmer under mounting pressure to lift two-child benefit cap

Lifting the two-child benefit cap is set to be the top recommendation of Keir Starmer’s child poverty taskforce

The Independent UK

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National Manufacturing Day to highlight jobs available in the sector

Companies across the country will host students and workers looking for a career change

The Independent UK

Delayed Northern Powerhouse Rail plans to be unveiled ‘in coming weeks’

The announcement is expected to set out the scope and funding for the project.

Evening Standard

Plans to revive Northern Powerhouse Rail delayed again

The NPR project was first proposed by former Tory chancellor George Osborne in 2014

The Independent UK

Rachel Reeves 'taxi tax' plans blasted as attack on poor and disabled

AN SNP MSP has said that plans by the UK Government to impose the standard VAT rate on all taxi fares would hit poorer, disabled and older people…

The National (Scotland)

BT boss says costs ‘inflicted’ by UK are 10 times those faced by European sector

Allison Kirkby warns that the November budget could be ‘very difficult’ for the chancellor

The Guardian - UK

Reeves urged to reverse ‘rash’ tax commitments and reform system by think tank

The Institute for Government said Labour’s ‘unrealistic’ approach to tax has left the Chancellor reaching for ‘piecemeal changes’.

Evening Standard

Reeves must abandon manifesto tax pledges, think tank says amid £30bn Budget black hole

The chancellor is facing mounting pressure to hike income tax amid an expectation that £30bn worth of tax rises will be needed in the Budget

The Independent UK

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The Independent UK

As growth hopes fade, shrinking Reeves has a mountain to climb

THE INDEPENDENT VIEW: Editorial: A dour economic forecast has left the beleaguered chancellor grasping for fiscal breathing space in her make-or-break Budget

Evening Standard

UK inflation to be highest in G7 this year ...The Standard podcast

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Evening Standard

Reeves says UK ‘open for business’ as Revolut pledges £3bn new investment

The Chancellor welcomed the pledge at the opening of the financial firm’s new head office in London’s Canary Wharf.

The Independent UK

High inflation, soaring food prices and dwindling growth: How Britain’s economy ranks compared to other nations

OECD report comes as Reeves is preparing November’s Budget, in which she is expected to put up taxes or cut spending in order to adhere to her own fiscal rules

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Evening Standard

UK inflation to be highest in G7 this year in huge cost of living blow

OECD predicts UK inflation to reach 3.5% in 2025, 0.4 percentage points higher than its previous forecast

The Independent UK

Inflation to surge and growth to drop in fresh economic blow to Reeves

With a difficult Labour conference to come next week followed by the autumn Budget, the OECD’s conclusions have come at a bad time for Rachel Reeves

The Guardian - UK

UK to suffer highest inflation in G7 this year, says OECD

International body warns British rate will be higher than that in US, despite effects of Trump tariffs

The Independent UK

UK economy to be weighed on by government policy and tax moves, OECD says

The OECD said the UK will also experience the highest level of inflation among the G7 group of advanced economies this year.

Evening Standard

Blow for Reeves as business output slows sharply in September

Economists warn of “litany of worrying news” as PMI survey reading falls to lowest level for five months

The Independent UK

Voices: ‘A half-baked idea from the London-centric Treasury’: Readers weigh in on ‘taxi tax’ Budget row

YOUR VIEWS: Our community warned that adding VAT to taxi fares would be unfair, arguing that ‘cab owners will lose income, and people will lose mobility,’ hitting rural, elderly and disabled communities hardest

The Independent UK

Minister refuses to guarantee Labour will end use of asylum hotels by 2029

Matthew Pennycook refused to guarantee the use of asylum hotels will end by 2029

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