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The Latest Breaking News from Rachel Reeves

£2 bus fare cap hike puts rural routes at risk, MP warns

The current £2 cap was due to expire at the end of 2024.

Evening Standard

Keir Starmer’s big idea? Put more police back on the beat

PM refreshes pre-election pledge of safer streets as key part of ‘plan for change’ – as business group casts doubt on Labour’s mission to grow the economy

The Independent UK

Labour MP becomes first to attack party’s inheritance tax raid on farms

Markus Campbell-Savours, the Labour MP for Penrith and Solway, said he would rebel against Rachel Reeves’ Budget measure to extend inheritance tax

The Independent UK

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read the most diverse news in one place.

PMQs live: Starmer urges women to report inappropriate behaviour amid Gregg Wallace questions

Comes as influential report warns UK interest rates will fall by less than expected over next two years after autumn Budget

The Independent UK

UK interest rates ‘to fall more slowly’ after tax rises and spending hikes in Rachel Reeves’ Budget

Influential Organisation for Economic Co-operation and Development also warns ‘risks and uncertainties high’ for global economy

The Independent UK

UK interest rates to fall more slowly than expected after Budget – OECD

The global economics body also increased its GDP forecast for next year on the back of higher public spending from the Budget.

Evening Standard

MPs support national insurance hike for employers amid ‘jobs tax’ warning

The Bill seeks to make changes to employers’ contributions from April 6 2025.

The Independent UK

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Reeves insists public services will have to ‘live within their means’

The Chancellor suggested the risk of economic shocks meant she could not guarantee there would be no further tax rises.

Evening Standard

Reeves refuses to rule out further business tax rises

Chancellor under pressure as Starmer shifts focus to higher living standards

The Independent UK

Reeves repeatedly declines to guarantee no more borrowing or tax rises

At Treasury questions on Tuesday, Rachel Reeves was asked multiple times to re-commit to her earlier pledge on taxes.

Evening Standard

New Covid corruption chief to leave ‘no stone unturned’, Reeves warns

Tom Hayhoe has been appointed to to claw back taxpayers’ money wasted on deals during the pandemic.

Evening Standard

MPs back PR bill in vote, a symbolic win for electoral reform campaigners – as it happened

MPs vote to give leave to bring in private members’ bill on PR but it will have no practical effect

The Guardian - UK

Chancellor appoints Covid corruption commissioner

Tom Hayhoe has started a review of £8.7 billion worth of PPE bought during the pandemic.

Evening Standard

George Osborne is a walking ad for a wealth tax. Labour should target the inheritocracy

‘Tax wealth, not work’ would be a powerful message for Starmer and Reeves – are they bold enough to pursue it, asks Guardian columnist Polly Toynbee

The Guardian - UK

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The Guardian - UK

Scottish ministers mull tax rise for wealthy amid tricky budget decisions

Finance secretary must find way to bring either Greens or Lib Dems onboard while plugging possible £200m shortfall

The Guardian - UK

Rachel Reeves appoints Covid corruption commissioner

Exclusive: Tom Hayhoe will examine an estimated £7.6bn of Covid-related fraud

The Independent UK

Rachel Reeves under pressure to scrap £2k electric car tax

It comes amid mounting concern over how the car industry will cope with current plans to boost the number of electric vehicles

Evening Standard

It is ‘obvious’ HS2 should extend into Euston, says rail minister

Lord Hendy of Richmond Hill was speaking as he revealed two new tunnel boring machines.

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news in one place.

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The Independent UK

More than half of Britons would support a farmers strike, poll shows

Voters back workers in the under-fire farming sector walking out on strike, viewing them as among the groups worst treated by Sir Keir Starmer’s government

The National (Scotland)

Rachel Reeves's sister to attend Cabinet in Labour's latest nepo move

RACHEL Reeves’s sister Ellie will now attend Cabinet in a coup for the dynastic wing of the Labour Party ...

The Guardian - UK

Eurozone manufacturers see ‘no sign of recovery’ as UK orders slow

France, Germany and Austria are especially hard hit, as British factory owners cut jobs and investment

The Independent UK

Confusion grows over Labour’s economic plan as minister refuses to rule out sidelining growth pledge

Alex Norris was repeatedly pressed on whether the government planned to sideline the PM’s pledge to make the UK the fastest growing economy in the G7

The Guardian - UK

NHS bosses reportedly worried about Starmer’s pledge to cut waiting lists

PM expected to set target to carry out 92% of routine operations and appointments within 18 weeks

The Guardian - UK

Growth expectations among UK firms take ‘decisive turn for worse’, says CBI

Expectations negative for first time in 2024 as business confidence plummets since Rachel Reeves’s budget

The Independent UK

Britain sets aside £10bn for future payments to EU more than eight years after Brexit vote

Exclusive: To cover the continuing costs of Britain’s divorce from Europe, the government has accounted for £20.6bn in future payments for Brussels staff and diplomats’ pensions, as well as the UK’s pre-existing financial obligations

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