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The Latest Breaking News from Rachel Reeves

Reeves urged to ‘grasp the nettle’ with wholesale reset of council tax

Experts say chancellor should go further than rumoured plan to update value of homes in top three bands

The Guardian - UK

One small change Rachel Reeves could make to close tax loopholes and raise revenue

Whatever decisions Rachel Reeves makes in her second budget as UK chancellor, it is clear that she needs to find lots of money. Some argue that the best and fairest way of doing this is to raise the taxes of the country’s wealthiest people.

The Conversation

'As bad as Kwasi Kwarteng': Rachel Reeves' popularity hits record low in new poll days before Budget

The grim finding for the Chancellor comes despite the UK economy outpacing France, Germany and Italy

Evening Standard

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Double blow for Starmer as Burnham refuses to rule out leadership challenge and PM popularity hits record low

Most Labour voters see the PM and Chancellor Rachel Reeves negatively (52% and 57% respectively), according to a new YouGov poll

Evening Standard

Reeves to back DLR extension in major boost for deprived London district

Treasury source says chancellor will announce £1.7bn plan for rail link to Thamesmead in south-east of capital

The Guardian - UK

Could you do better than Reeves as chancellor? Play our interactive budget game

Can you pull the levers of power to deliver a successful budget? Can you keep backbenchers happy without upsetting the bond markets? And can you do it all while keeping the books balanced? Try our budget 2025 game, and maybe develop a bit of sympathy for Rachel Reeves

The Guardian - UK

How could council tax change in budget – and who would be hardest hit?

Critics say current system is a ‘dog’s dinner’ – with homes in Blackpool paying more than in one of London’s wealthiest boroughs

The Guardian - UK

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Ford UK boss warns Rachel Reeves against higher taxes on electric vehicles

Lisa Brankin says new levies could discourage switch to EVs amid reports chancellor mulling pay-per-mile charge

The Guardian - UK

London homebuyers have paid almost £25billion in stamp duty in last decade

Successive Chancellors have ramped up stamp duty rates on more expensive homes

Evening Standard

People are right to ask ‘what is the point of Labour?’ when it can’t agree on anything

Who knows where this government’s credibility will be after next week’s exceptionally difficult budget, says Guardian columnist Martin Kettle

The Guardian - UK

Pioneering restaurateur Soren Jessen: I feel like we work for Rachel Reeves from Monday to Thursday

After 31 years in the business, the government is making it feel like standing in a room with the water rising, says Soren Jessen

Evening Standard

Huge London transport project gets green light as Rachel Reeves backs £1.7bn DLR extension to Thamesmead

London mayor Sir Sadiq Khan hails the announcement - which paves the way for a ‘new town’ in Thamesmead - as a massive vote of confidence in London

Evening Standard

Reeves set to back £1.7bn Docklands Light Railway extension in Budget

Evening Standard

Reeves urged to use Budget to restore business confidence

The Scottish Chambers of Commerce has published a letter to Rachel Reeves ahead of the Autumn Budget.

Evening Standard

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The Conversation

Is the UK headed for a new prime minister?

These are troubled times for British Labour Prime Minister Keir Starmer. In July 2024, Starmer’s government swept to power on the back on a landslide win.

The Guardian - UK

A guttural groan in an energy-free zone: sullen resignation haunts PMQs

Usually raucous backbenchers snoozed through the session as Keir and Kemi’s exchanges descended into a slanging match

Evening Standard

Businesses must be prepared for the rates shake-up coming their way

London and the South east will bear the brunt of any increases.

The Independent UK

Starmer refuses to rule out freeze on income tax thresholds in Budget

Labour prime minister under pressure from Conservative leader Kemi Badenoch

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Evening Standard

Plans to convert former south London police station into flats set for green light

Catford Police station closed in 2017 and is now set to be turned into over 60 flats

Evening Standard

Keir Starmer refuses to rule out income tax thresholds freeze at Budget

The Prime Minister dodged questions about the Chancellor’s plans at PMQs

Evening Standard

Starmer refuses to rule out freeze on income tax thresholds ahead of Budget

The Prime Minister declined to answer numerous questions from Kemi Badenoch on the issue.

Evening Standard

Budget 2025: Which tax rises could hit you as Chancellor Rachel Reeves targets millions with new levies?

London and the South East are set to be most impact by a wave of tax changes to plug a shortfall of around £20 billion

The Independent UK

Watch live: Starmer faces final pre-Budget PMQs after inflation falls

Sir Keir Starmer is set to face his final Prime Minister’s Questions (PMQs) opposite Kemi Badenoch ahead of Labour’s highly anticipated Budget next week.

The Independent UK

Why interest rates are likely to be cut after the Budget

The Bank of England opted to keep rates at 4 per cent in early November but next month will be a different proposition

The Independent UK

Mapped: Where mansion tax could hit as Reeves looks at raising council tax rates

Around 310,000 high-value homeowners could be hit by proposals to tweak council tax bands

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