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The Latest Breaking News from Rachel Reeves

Voices: There won’t be a wealth tax – but Rachel Reeves can’t afford to rule it out just yet

INSIDE WESTMINSTER: A war is raging within government circles about the wisdom of placing a levy on individual assets, a measure that the chancellor rejects as anti-growth – but she can’t yet risk angering Labour backbenchers who remain in a mutinous mood, says Andrew Grice

The Independent UK

Watch: Reeves backs Trump visit to Scotland ‘in the public interest’

Chancellor Rachel Reeves says Donald Trump’s upcoming visit to Scotland is “in the public interest.”

The Independent UK

Cabinet ministers urged to ensure contracts go to firms that boost British jobs

Rachel Reeves and Pat McFadden have written to colleagues, urging them to help deliver more British jobs.

Evening Standard

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Reeves should consider ending pension triple lock and charging for NHS treatment, says IMF

Chancellor is advised to give herself more leeway in the next budget before adjusting taxation or spending

The Guardian - UK

Business Secretary dismisses idea of ‘magic wealth tax’ as ‘daft’

Wales’s First Minister Baroness Eluned Morgan has called for a wealth tax.

Evening Standard

Chancellor faces fiscal risks and ‘significant challenges’ amid trade war – IMF

The IMF said the UK’s ‘limited’ so-called headroom on its public finances could see plans thrown off course.

Evening Standard

Starmer rejects call to imminently recognise Palestinian state despite ‘overwhelming pressure’ from MPs

Prime minister faces growing demands to recognise a Palestinian state immediately amid mounting global anger over the starving population in Gaza

The Independent UK

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Scenes of starving people in Gaza ‘deplorable’, says Reeves

Rachel Reeves said the Government’s focus was on getting aid in to Gaza, rather than Palestinian statehood.

Evening Standard

Reeves will have to ditch key party manifesto pledge, IMF warns

IN FULL

The Independent UK

Reeves will have to raise taxes, charge for the NHS or ditch pensions triple lock, warns IMF

The International Monetary Fund praised Rachel Reeves’s overall strategy but warned that her lack of fiscal headroom will leave her with hard choices

The Independent UK

Donald Trump Scotland visit is 'in national interest', says Rachel Reeves

Rachel Reeves has claimed Donald Trump's visit to Scotland is "in the national interest" ...

The National (Scotland)

Trump’s visit to Scotland is in ‘public interest’, says Chancellor

The US president is due to touch down in Scotland on Friday evening.

The Independent UK

Rachel Reeves in Scotland to announce £66m of transport funding

Rachel Reeves will announce £66 million of funding for transport projects in Scotland – with the Chancellor insisting the cash shows the Labour…

The National (Scotland)

Record number of farms close in wake of ’tractor tax’ raid

Labour chancellor Rachel Reeves has faced a furious backlash over her decision to extend inheritance tax

The Independent UK

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The Independent UK

What is a wealth tax – and would it work in the UK?

Economic experts give their take on proposals for a new tax on the UK’s ultra-rich

The Guardian - UK

Rachel Reeves considers overruling supreme court in £44bn car finance scandal

Exclusive: Chancellor could step in if justices uphold entirety of ruling over commission paid to brokers

The Guardian - UK

‘It’s all a game’ to some politicians, says Labour MP suspended for rebellion over planning bill

Chris Hinchliff says language used is indicative of ‘private schoolboy drinking club’ culture within government

Evening Standard

Rachel Reeves to pledge £66m for key Scottish transport projects

The Chancellor will announce the funding during a visit to Paisley on Friday.

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The Independent UK

The five-day doctors’ strike will only do harm

THE INDEPENDENT VIEW: Editorial: The medical staff demanding a 29 per cent pay increase should ask themselves if the misery that their industrial action will cause is worth it. They are gambling with the future of the health service they profess to love – they should go back to work

Evening Standard

Lloyds boss warns Reeves against raising bank taxes amid growth mission

Charlie Nunn said such increases would not be ‘consistent’ with the Government’s plans.

The Guardian - UK

Lloyds boss warns Reeves against hiking taxes on banks as profits rise 17%

Charlie Nunn says higher taxation would be inconsistent with chancellor’s drive for growth

The Independent UK

Minimum level of retirement income needed to prevent surge in pensioner poverty, MPs warn

Labour minister Liz Kendall has warned of a ‘tsunami in pensioner poverty’ and opened the door to a rise in the state retirement age

Evening Standard

UK-wide strategy needed to tackle pensioner poverty, says committee

A minimum level of retirement income should be set, with a strategy for everyone to reach that level, the Work and Pensions Committee said.

The Independent UK

Starmer set to unleash billions of investment into UK as he signs India trade deal

Prime minister and his Indian counterpart Narendra Modi are set to put their signatures on a trade deal

Evening Standard

Keir Starmer and Narendra Modi set to agree £6 billion Britain-India trade deal as Indian PM visits UK

The agreement will see tariffs on an array of British goods reduced from an average of 15% to 3%

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