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The Latest Breaking News from Rachel Reeves

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)

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 ...

The National (Scotland)

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.

Evening Standard

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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 Independent 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

The Guardian - UK

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

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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

Evening Standard

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’

The Guardian - UK

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.

Evening Standard

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

The Guardian - UK

Why are farmers protesting in Westminster again? The farmer's view

Last month, farmers turned up in Westminster to protest against Labour proposals to scrap agricultural Property Relief. And today, they’re back again. One farmer, Ben Theo Andrews, explains what’s really going on

Evening Standard

Inheritance tax: How out of pocket will farmers actually be?

The government remains stubborn on its Budget announcement that will see farmers pay inheritance tax on assets above £1m apiece at a new rate of 20 per cent

The Independent UK

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The National (Scotland)

No 10 defends Rachel Reeves amid growing scrutiny over 'fake CV' claims

DOWNING Street has defended Rachel Reeves’s record of being “straight with the public” amid claims the Chancellor has embellished her CV.

Evening Standard

Why are farmers protesting as tractors descend on London?

Tractors set to flood London as MPs debate e-petition over current tax exemptions for working farms

Evening Standard

Farmers revolt: Hundreds of Met officers ready for big Westminster protest against Labour’s ‘tractor tax'

Jeremy Clarkson will join thousands of other farmers staging a rally to Parliament Square on Tuesday

The Guardian - UK

Xi Jinping praises Labour’s economic policy as Keir Starmer discusses human rights concerns

PM questions sanctions against MPs and plight of Jimmy Lai as China’s president says Starmer ‘fixing the foundations’

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The Independent UK

Rachel Reeves has been straight with the public, says No 10 amid CV questions

Media reports have contested the Chancellor’s work history as listed on the LinkedIn social media site.

The National (Scotland)

Nigel Farage more popular than other UK political leaders, poll suggests

NIGEL Farage is more popular than Keir Starmer and other UK political party leaders, a poll has suggested.

Evening Standard

Jeremy Clarkson defies doctor's orders to join thousands of protesting farmers in central London today

Clarkson has previously accused the government of ‘ethnically cleansing’ the British countryside

The Guardian - UK

Starmer aims to build ‘pragmatic and serious relationship’ in meeting with Xi

Prime minister wants bilateral at G20 to lead to closer ties with China, which he sees as key to faster growth

The Guardian - UK

Far-right groups plan to hijack farmers’ protest in London against tax changes

Extremists including Tommy Robinson associates latch on to event but organisers say they want it to be nonpolitical

The Independent UK

Iconic tractor producer backs farmers in row over tax hike and says ‘we need to look after people who feed us’

Farmers say the inheritance tax raid in Rachel Reeves’s Budget will lead to the closure of family-run businesses

The Guardian - UK

The streetlights going out over Britain tell a brutal story: austerity isn’t over – it’s getting worse

Labour won’t achieve its aim of reviving the UK’s economy until it takes the plight of cash-starved councils more seriously, writes Guardian columnist John Harris

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