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The Latest Breaking News from Rachel Reeves

Rachel Reeves apologises for south London family home rental rule break Sir Keir Starmer rules out need for investigation into Reeves’ rental rule break

The Prime Minister made the decision after consulting his independent ethics adviser, Sir Laurie Magnus.

Evening Standard

Kemi Badenoch calls for Rachel Reeves to get the sack if she raises taxes

The Tory leader will demand that the chancellor ‘get the axe if she puts up tax’

The Independent UK

Kemi Badenoch calls for Chancellor to ‘get the axe’ if she raises tax at Budget

Sir Keir Starmer declined to rule out tax rises when questioned about the subject at Prime Minister’s Questions.

Evening Standard

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Reeves backed landlord licensing rules before own rent rule flout revealed

The chancellor previously backed the expansion of landlord licensing policy in her constituency

The Independent UK

Starmer faces calls for probe after Reeves admits falling foul of rental rules

The Chancellor did not obtain a rental licence when she put her south London home up for rent when she moved into No 11 Downing Street.

Evening Standard

Pound sinks against euro and dollar as tax rises loom and growth slows

Prospect of a tough budget is thought to have brought forward the likely date for a cut in interest rates to 3.75%

The Guardian - UK

What is a ‘mansion tax’ and how would it work?

A new levy targeting wealth could reportedly be announced by chancellor today

The Independent UK

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Starmer refuses to rule out tax rises in budget after questioning by Badenoch

Prime minister fails to answer Tory leader’s questions about manifesto pledge not to raise income tax

The Guardian - UK

Income tax rise not ruled out by Keir Starmer in PMQs clash on Budget with Kemi Badenoch

Millions of households are set to be hit with tax rises as Rachel Reeves seeks to plug a hole in the public finances

Evening Standard

Starmer declines to rule out manifesto-busting tax rises in Budget

The Prime Minister refused to repeat Labour’s manifesto pledge on tax.

Evening Standard

Pound tumbles as markets take fright over Rachel Reeves' Budget woes with UK productivity downgrade

Sterling dropped to a two-and-a-half-year low against the euro before regaining some ground

Evening Standard

Pound suffers further falls as UK’s fiscal troubles set to deepen

The UK’s independent fiscal watchdog has reportedly cut its productivity forecast, deepening the challenging facing the Chancellor.

Evening Standard

Mortgage approvals hit nine-month high as borrowing costs ease further

Some 65,940 mortgages for house purchases were approved in September, about 1,000 more than in August.

Evening Standard

Santander urges ministers to intervene in UK car finance compensation scheme

Lender’s chief executive says redress proposals could affect jobs, supply chains and broader UK economy

The Guardian - UK

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Evening Standard

Fresh tax hikes top Budget fears among London small businesses

The percentage of owners predicting growth falls to 36%, lowest level since first quarter of 2021.

The Independent UK

Fresh blow for Reeves as house builders warn Labour will struggle to hit 1.5m homes target

The warning is likely to harm prospects for the OBR upgrading its forecast for economic growth from construction

Evening Standard

UK can ‘defy’ gloomy forecasts despite productivity problems, says Chancellor

Rachel Reeves argued that austerity, Brexit and the pandemic had left ‘deep scars’ on the UK’s economy.

Evening Standard

Britain can ‘defy’ poor economic forecasts, says Chancellor

The OBR is expected to deal the Chancellor a further blow in November by downgrading its productivity forecasts for the economy.

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The Independent UK

Reeves insists Britain can ‘defy’ poor economic forecasts

The OBR is expected to deal the chancellor a further blow in November by downgrading its productivity forecasts for the economy

The Guardian - UK

Too many want to do Britain down – Labour will defy the doomsayers and beat the forecasts

I don’t pretend the choices will be easy, but my budget has one focus: to invest in building a better future for everyone, says UK chancellor Rachel Reeves

The Guardian - UK

Britain can defy gloomy economic forecasts, says Rachel Reeves

Exclusive: Fiscal watchdog predicts productivity downgrade will leave chancellor with £20bn gap to fill in budget

The Independent UK

Rachel Reeves has only one option to grow the economy

THE INDEPENDENT VIEW: Editorial: With a £20bn Budget black hole to plug, the chancellor has no option but to break Labour’s manifesto pledge – tinkering in the margins will hurt growth, while slashing public spending will lead to electoral ruin

Evening Standard

Giant boring machines to start HS2 tunnels from west London to Euston 'fairly soon,' says rail minister

The underground work is set to begin in the coming months

The Independent UK

Government refuses to rule out pension changes at Budget

Nearly 20,000 pension savers have urged the government to rule out two key changes

The Independent UK

Income tax rise only way to plug extra £20bn in Budget black hole, economists warn Reeves

Economists say trying to balance the books by raising smaller taxes risks ‘unnecessary amounts of economic damage’

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People

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Financial Conduct Authority

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Santander UK

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the Institute for Fiscal Studies

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