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The Latest Breaking News from Rachel Reeves

Terry Wogan's son rages over failure to sell dad's 'beloved' £3.75m mansion

Mark Wogan, 51, fumed that ‘not one person’ has been to view or make an offer on the stunning seven-bedroom home

Evening Standard

Voices: My son’s lucrative summer jobs should be a warning sign for British industry

COMMENT: It isn’t just that unemployment has hit an all-time high – up 500,000 since Keir Starmer took office – businesses are being stymied by hiring freezes, the hospitality sector is increasingly reliant on agency staff, and the number of NEETs is on the rise. Under Labour, Britain simply isn’t…

The Independent UK

UK supermarket to create hundreds of jobs after £435m investment

Chancellor Rachel Reeves praised the supermarket chain’s expansion as a ‘vote of confidence’ in the UK

The Independent UK

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Lidl to create 500 jobs after £435 million investment in warehouses

Chancellor Rachel Reeves said Lidl’s investment in the warehouses in London and Leeds was a ‘vote of confidence’ in the UK.

Evening Standard

All rise for the sexiest Londoner of 2025: Rachel Reeves advisor Neil Amin-Smith tops our ‘hot 100’ list

Neil Amin-Smith has been described as ‘the hottest SpAd in Westminster’

Evening Standard

More pain for Reeves as government borrowing cost nears 27-year high

Chancellor is urged to ‘get a grip’ on country’s finances as yield on 30-year bond rises to 5.62%

The Guardian - UK

Voices: Criticising Angela Rayner for buying a second home is the worst kind of snobbery

COMMENT: Why does buying a nice seaside flat make you the most slagged-off woman in Britain? Flic Everett knows the answer…

The Independent UK

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Revolut Slashes Lloyds' Share Price Hopes: Digital Banking Boom Risks Share Price Plunge

Revolut's push for a UK banking licence and 10m customers challenge Lloyds' share price, up 200% in 5 years

International Business Times UK

Egg and butter prices drive up UK food inflation as households feel squeeze

Food inflation at 4.2% this month, with prices increasing at fastest pace for 18 months, says British Retail Consortium

The Guardian - UK

Labour needs to jump on the AI gravy train, not derail it

We can’t hope to be world leaders in tech without getting real on pay — and that means paying top talent the big bucks

Evening Standard

With tax speculation festering, Rachel Reeves needs to show her hand

The chancellor seems to be waiting for a clearer economic picture to emerge but that is not how government works

The Guardian - UK

Labour inaction slammed as inflation drops in Europe but rises in UK

THE SNP have accused the Chancellor of spending the summer “flying kites” as the cost of living crisis worsens under Labour.

The National (Scotland)

Rachel Reeves needs to find cash fast. A wealth tax really is her only viable option

The alternatives for the UK chancellor are either unworkable or will lose Labour votes, so here’s what she should try, says Faiza Shaheen of Tax Justice UK

The Guardian - UK

OPINION - Labour is draining the life out of London - and by consequence the whole country

While MPs are enjoying their summer holidays, Chancellor Rachel Reeves has been busy trying to plug a growing budget shortfall. Unable to cut spending because of backbencher fury, inevitably she will look to increase taxes.

Evening Standard

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The Guardian - UK

Fears grow over impact of ONS data reliability on Rachel Reeves’s budget

Troubles at UK statistics body are muddying economic picture for Treasury and spending watchdog, sources warn

The Guardian - UK

Customers feeling raw after Tesco adds 25p to price of a meal deal

The offer still represents a significant saving but rises to £3.85 for Clubcard holders and £4.25 for others

Evening Standard

Chancellor will have to raise taxes despite lower borrowing, say economists

Official figures released on Thursday showed that UK state borrowing slowed to £1.1 billion in July, providing some relief for the Chancellor.

The Independent UK

Which tax rises could fill the £50bn black hole in Britain’s balance sheet?

The Independent looks at Rachel Reeves’ options as she looks to fill the gaping hole in Britain’s public finances this autumn

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The Independent UK

‘Hypocritical’ Badenoch calls for Tory councils to launch legal challenges against asylum hotels

Tory leader encourages local authorities to ‘take the same steps’ as Epping council

The Guardian - UK

‘Mountain to climb’: how Labour is facing a crisis in youth unemployment

The government is adding an extra year, and an extra £45m, to its scheme in England to help people find work

The Independent UK

Rachel Reeves’ pension plan that could affect you

IN FULL

The Guardian - UK

Why radical tax reform may be only way for Reeves to balance the books

Size of the task remains unclear but the chancellor will have to act in the face of expected growth downgrades

The Independent UK

Rachel Reeves warned against cutting tax-free pension lump sum as she seeks to raise billions

Currently, pensioners can take out a quarter of their pension pot tax-free, with a cap of £268,000 – but that could change as Reeves attempts to claw back billions

The Independent UK

UK government borrowed lower than forecast in July in boost for Rachel Reeves

Economists had widely predicted a higher July borrowing figure, making the actual outcome a positive surprise

Evening Standard

Government borrowing less than expected in July in boost for Reeves

The Office for National Statistics said the borrowing of £1.1 billion is the lowest July figure for three years.

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