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The Latest Breaking News from Rachel Reeves

PM defends employer tax hike as retailers warn of ‘inevitable’ job losses

More than 70 businesses, including Tesco, Asda and Sainsbury’s, have told Rachel Reeves Budget tax hikes mean price rises are a ‘certainty’.

Evening Standard

Sadiq Khan dials down call for national free school meals due to '£22bn black hole'

The mayor said the ‘significant’ budgetary overspend which the Chancellor claims to have inherited means the Government can’t fund free lunches

Evening Standard

Shop bosses ‘right’ to warn of job cuts, says Bank of England governor

His statement comes as retailers turn up the heat in their efforts to get Chancellor Rachel Reeves to water down her Budget measures

The Independent UK

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The UK government wants to shake up pensions – but it can’t guarantee that ‘megafunds’ will want to invest in Britain

The UK chancellor Rachel Reeves talks a lot about achieving better growth. And the latest figure – economic expansion in the last quarter of just 0.1% – suggests plenty of room for improvement.

The Conversation

Retailers are right to warn of job cuts after Reeves budget, says Andrew Bailey

Bank of England governor says number of roles could shrink by more than 50,000 after rise in employer NICs

The Guardian - UK

More farmers seeking financial advice over inheritance tax changes, say experts

Thousands of farmers marched on Westminster on Tuesday in a protest against the Budget changes.

Evening Standard

Female farmers warn Labour of suicide risk among community after inheritance tax hike

Female farmers warn of mental health repercussions of Labour’s inheritance tax

The Independent UK

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Farmers in tweed, children on toy tractors and celebrities join London protest

Around 13,000 people gathered to voice opposition to proposed changes to agricultural inheritance tax outlined in the Budget.

Evening Standard

Government accused of ‘hammer blow’ to farmers as thousands protest in London

Farmers flocked to Whitehall to protest against changes to inheritance tax and other measures in last month’s Budget.

The Independent UK

NFU chief hints farmers could take more extreme action if government ignores inheritance tax protest

More than 10,000 farmers descended on Westminster on Tuesday to urge the government to backtrack on the levy

The Independent UK

‘People don’t get the power of the podcast. But Trump does’: broadcaster-turned-investor Harry Stebbings

The twentysomething podcaster and venture capitalist talks about his $400m investment fund, his mum – and the power of new media to influence politics

The Guardian - UK

Rachel Reeves has used a blunderbuss to hit farmers, Jeremy Clarkson says

The TV presenter and journalist joined protests in central London on Tuesday calling for the Government to scrap agricultural inheritance tax changes

Evening Standard

Rachel Reeves challenged to make work history clear after 'lying on her CV'

RACHEL Reeves has been challenged to make her employment history clear amid growing allegations that she lied on her CV ...

The National (Scotland)

Tesco among retailers to warn job losses ‘inevitable’ after Labour Budget tax hikes

THE UK's biggest retailers have warned the Chancellor that jobs will be cut and prices will have to rise as they face a more-than-£7 billion hit…

The National (Scotland)

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The National (Scotland)

Anas Sarwar U-turns as Scottish Labour commit to Winter Fuel Payment

SCOTTISH Labour have pledged to bring back the Winter Fuel Payment should they win the next Holyrood election ...

Evening Standard

Britain’s biggest retailers say job losses ‘inevitable’ after Budget tax hikes

More than 70 businesses, including Tesco, Asda and Sainsbury’s, have raised their concerns in a letter to Rachel Reeves.

The Independent UK

Reeves says farmers must help fund NHS as she refuses to back down ahead of mass protest

Chancellor says farmers must pay ‘fair share’ as thousands descend on London for a major demonstration

The Guardian - UK

Bank of England governor says budget measures could cost jobs, and argues for ‘gradual’ interest rate cuts – as it happened

Rolling coverage of the latest economic and financial news

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Evening Standard

UK retail bosses warn of ‘inevitable’ job losses amid Budget changes

More than 70 businesses including Tesco, Asda and Sainsbury’s voiced their concerns in an open letter to Chancellor Rachel Reeves.

Evening Standard

Government facing calls to scrap ‘family farm tax’ as farmers march on Whitehall

Ministers insist they back British farmers, and say the inheritance tax changes will only affect the largest estates.

Evening Standard

Rachel Reeves digs in against farmers as they head to London to protest in growing inheritance tax row

As many as 20,000 farmers may demonstrate outside Parliament on Tuesday

The Guardian - UK

Keir Starmer denies budget to blame for rise in mortgage rates

PM says budget stabilised the economy, while mortgage rates are ‘individual decisions for the banks’

Evening Standard

Inheritance tax on family farms ‘a direct threat’ to way of life

The claim was made at a rally organised by the Ulster Farmers’ Union.

Evening Standard

Many will be vulnerable to ‘loan sharks’ without regulations, Labour MP says

Stella Creasy criticised the Government’s plan to implement the regulations in 2026, claiming they should be put in place sooner.

The Guardian - UK

Tax rises in budget sap UK consumer confidence and will hit pay growth, say reports

Survey shows households’ economic fears, while Goldman Sachs predicts impact of increase in employer NICs

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