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The Latest Breaking News from Rachel Reeves

Rachel Reeves reveals she's planning to increase income tax at the Budget

The move would break one of Labour’s core manifesto promises in an attempt to close the black hole in public finances Reeves’ government inherited

Evening Standard

The Inevitable Downfall: Analyzing Starmer's Impending Removal

Keir Starmer faces a Labour meltdown as approval plunges to -52, MPs are suspended, and Reform surges. Explore the polls, rebellions and scandals fuelling talk of his 2025 downfall.

International Business Times UK

The Standard Podcast: Is the Chancellor about to break Labour’s tax manifesto promise?

Listen here on your chosen podcast platform.

Evening Standard

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Close Starmer ally Ben Nunn appointed as Rachel Reeves’s chief of staff

Exclusive: Nunn, one of PM’s most trusted advisers, will play key role linking No 10 and No 11 operations

The Guardian - UK

Keir Starmer hit by bitter Cabinet infighting over Lammy’s handling of jail crisis and Labour revolt on tax

Labour’s new deputy leader Lucy Powell says the Government ‘should be following through’ on its manifesto pledge on not raising key taxes

Evening Standard

Headache for Starmer as splits erupt over tax hikes and minister breaks rules

Labour’s new deputy leader Lucy Powell said the Government ‘should be following through’ on its manifesto pledge on not raising key taxes.

The Independent UK

MPs urge Reeves to raise gambling taxes despite ‘scaremongering’ from firms

Treasury select committee calls for higher duties on most addictive forms, such as high-street slots and online games

The Guardian - UK

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Rachel Reeves ‘plans to raise income tax’ in Budget

Chancellor reportedly looking to hike income tax but cut National Insurance in bid to place burden of tax rises on landlords and pensioners

The Independent UK

Why Rachel Reeves could impose pay-per-mile tax on electric vehicles in Budget

POLITICS EXPLAINED: Fuel duty on petrol vehicles has been frozen for so long that the Treasury has set its sights on electric cars instead, as Sean O’Grady explains

The Independent UK

Nandy breached code over appointment of donor to lead football regulator

Culture secretary ‘deeply regrets error’ after inquiry finds failures in declaring past donations by watchdog nominee

The Guardian - UK

Business leaders urge Reeves to force pension funds to raise UK investments

More than 250 bosses ask chancellor to require schemes to put 25% of assets in British firms, which could unlock £95bn

The Guardian - UK

Labour’s new deputy leader warns Rachel Reeves not to break manifesto pledge and raise taxes

Keir Starmer’s new deputy, who replaced Angela Rayner, also demanded urgent action on the controversial two child benefit cap in the Budget

The Independent UK

Labour must stick to manifesto pledge not to raise key taxes, Lucy Powell says

The new deputy leader’s intervention could cause a headache for Chancellor Rachel Reeves, who has rolled the pitch for higher taxes at her Budget.

The Independent UK

Interest rates: Why did the Bank stick to 4% and what does it mean?

Here the PA news agency looks at what the decision means and what the Bank expects to happen to the economy.

Evening Standard

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The Guardian - UK

Ignore the howls around pay-per-mile, chancellor. We can’t afford not to tax electric cars

The issue of how motoring taxes should change as we decarbonise the economy has been dodged for too long. Car salesmen need to get real

Evening Standard

Interest rates held at 4% but ‘door open’ for a post-Budget cut

The central bank’s Monetary Policy Committee opted to keep the rates the same at the final meeting before the autumn Budget.

Evening Standard

OPINION - Gambler Reeves to put billions more of taxpayers’ cash on red as she struggles to make Budget numbers add up

The Chancellor has signalled that she is ready to drive a coach and horses through Labour’s manifesto

The Independent UK

Voices: ‘The books cannot be balanced by Doge-style cuts’: Readers debate how to tackle taxes in upcoming Budget

THE INDEPENDENT DEBATE: Our community agreed that, while no one likes paying higher taxes, honesty, fairness, and careful planning are crucial if Rachel Reeves is to navigate the UK’s financial challenges without compromising public services

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The Guardian - UK

Bank of England’s decision to keep interest rates at 4% is not all doom and gloom

Close-run vote raises hopes of rates cut in December, with inflation said to have peaked at 3.8%

International Business Times UK

British EV Drivers to Pay New Tax Based on How Far They Go Annually, Rachel Reeves Said

EV drivers may have to pay extra per mile once Chancellor Rachel Reeves announced a new road tax scheme.

Evening Standard

Two-child limit not policy for workshy and must be banished, says Gordon Brown

Campaigners argue that 109 children across the UK are pulled into poverty by the policy every day.

The Guardian - UK

Banks poised to escape tax rises in Rachel Reeves’s budget

UK bank shares rise after reports, with chancellor wanting sector to remain competitive to help economic growth

Evening Standard

Government says ‘fairer’ motoring tax system is needed amid pay-per-mile report

Chancellor Rachel Reeves will unveil a policy to introduce a 3p per mile tax for EVs when she delivers her Budget, the Daily Telegraph reported.

The Guardian - UK

Bank of England opens door to December rate cut as it signals inflation has peaked

Policymakers keep borrowing costs at 4% before crucial budget while also warning of persistent weak growth

Evening Standard

Sainsbury’s boss warns Budget tax hikes could send food prices higher

Chief executive Simon Roberts said the sector has already been hit with higher taxes and costs which have fuelled inflation.

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