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The Latest Breaking News from Rachel Reeves

Labour warned austerity plans are 'ramping up risk of recession'

Chancellor Rachel Reeves is "ramping up the risk of recession" with plans to impose a new era of Labour austerity, the SNP have said ...

The National (Scotland)

Rachel Reeves is about to kill off the night out

Either Rachel Reeves hasn’t realised she is about to wreak havoc on an industry, or she has — but perhaps doesn’t think it matters, says David Ellis

Evening Standard

Rachel Reeves Faces Fury as Critics Warn Disability Benefit Cuts Could Cost Lives

Chancellor Rachel Reeves is facing fierce backlash after warnings that cutting disability benefits could have devastating consequences.

The Fashion Central

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How many people get benefits now and how does the total compare with 20 years ago?

With possible welfare cuts up for debate in the House of Commons today (July 1), here’s a look at how benefits have changed over the years.

Evening Standard

Former Bank of England deputy warns Rachel Reeves against kneejerk cuts

Charlie Bean says OBR forecasts are ‘flaky’ and cautions against trying to hit targets five years away

The Guardian - UK

What could the Government’s plans to ‘cut red tape’ mean for households?

The Government is aiming to reduce duplication by different bodies and help drive economic growth.

Evening Standard

Hospitality braced for bloodbath as Rachel Reeves’s tax timebomb finally explodes

Restaurateurs are having to make exceptionally tough choices if they are to survive the rest of 2025

Evening Standard

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‘Too much bureaucracy’, Reeves warns regulators amid reform drive

The Chancellor told watchdog chiefs on Monday morning she wanted to reduce duplication by regulators.

Evening Standard

Fresh blow to Reeves as UK’s economic forecast slashed amid warnings over Trump’s trade war

The UK’s economic forecast has been downgraded, once again dashing the government’s hopes of reviving Britain’s spluttering economy

The Independent UK

Trump trade wars are slowing global growth and fuelling inflation, says OECD

Economic organisation downgrades forecasts for growth in UK as well as US, Canada and Mexico due to tariffs

The Guardian - UK

UK and global growth forecasts cut amid warnings over Trump’s trade war

The OECD warned that consumers would face much of the burden of the trade war as inflation is expected to be sent surging.

The Independent UK

David Lammy says G7 considering further moves to pressure Russia into agreeing Ukraine ceasefire – as it happened

‘We have more cards we can play,’ foreign secretary tells MPs as he says G7 foreign ministers found ‘common ground’ when meeting last week

The Guardian - UK

Oil price lifted by US Houthi airstrikes and China economic hopes; Crispin Odey facing City ban and £1.8m fine – as it happened

Crude prices lifted by US-Houthi attacks, as City watchdog decides to fine Crispin Odey £1.8m and ban him from the UK financial services industry for ‘a lack of integrity’

The Guardian - UK

Met Office Warns: Sudden Spring Heatwave Set to Hit the UK

It looks like the UK is in for a bit of a surprise this week. Thursday could be warmer here than in Ibiza or Corfu, according to the Met Office.

The Fashion Central

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Al Jazeera

UK’s Reeves floats ‘radical shake-up’ of bureaucracy to cut business costs

British chancellor to meet regulators on Monday to announce ‘action plan’ for cutting red tape.

The Independent UK

Reeves launches new bonfire of regulations in bid to boost economic growth

Regulators have been summoned to Downing Street on Monday for meeting with the chancellor amid plans to slim down or abolish the bodies

The Independent UK

Reeves may be forced to hike taxes as ministers refuse to rule out welfare U-turn

Think tank describes government plans to slash welfare as ‘regressive and rushed’

The Guardian - UK

Reeves to outline plan to cut regulation costs and boost growth

Chancellor will meet regulators after calling for action to restrict their scope in bid to save businesses billions

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Evening Standard

Chancellor summons regulators to Downing Street in war on red tape

The Government has pledged to cut the number of quangos and slash the cost of regulation by 25%.

The Independent UK

Chancellor should raise taxes not cut spending to meet fiscal rules – think tank

Rachel Reeves faces a challenge to meet her fiscal rules amid faltering growth and higher borrowing costs.

The Guardian - UK

Starmer to drive through welfare cuts that could affect UK’s most severely disabled

PM faces backlash over plans to tighten eligibility, potentially leaving over 600,000 claimants £675 a month worse off

The Independent UK

Is Liz Kendall’s U-turn on disability benefits a sign of weakness or a victory for Labour rebels?

THE INDEPENDENT VIEW: Editorial: The work and pensions secretary’s unexpected reversal on disability benefit cuts signals a major shift in government welfare policy, sparking debate among Labour backbenchers and ministers alike

The Fashion Central

State Pension Chaos as Pensioners Face 6-Week Payment Delay After Rachel Reeves’ Mini-Budget

Savers are finding themselves in a bind as delays hit pension withdrawals, following Chancellor Rachel Reeves' decision to remove the inheritance tax (IHT).

The National (Scotland)

Rachel Reeves’s Spring Statement 'risks reducing Scottish Budget', think tank warns

THE upcoming Spring Statement risks reducing the Scottish Budget, according to a think tank ...

The Guardian - UK

Cuts to welfare. Cuts to international aid. Has Labour lurched too far to the right?

People on benefits are worried and some MPs are talking of ‘cruelty’. Is Keir Starmer’s plan to cut public spending a betrayal of his party’s values?

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PSR

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the Financial Conduct Authority

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YUM

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the Institute for Fiscal Studies

81 stories

FOS

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