All news on the topic: Rachel Reeves

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Britain sends warship to eastern Mediterranean amid Iran conflict fears
Britain is preparing to send an evacuation ship to the Middle East if the war expands.
848
Oil and gas shock threatens UK economy as Rachel Reeves faces grim spring forecast
UK Chancellor Rachel Reeves is set to respond to the latest economic outlook as a sharp surge in global energy prices threatens to undermine expectations of easing inflation.
821
Cash for access? Labour-connected firm offers VIP access to tech secretary and PM’s team
A Labour-linked lobbying firm is selling access to government officials, including tech secretary Liz Kendall and “top advisers to the prime minister”, for tens of thousands of pounds, openDemocracy can reveal.
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Rachel Reeves attacks Tories and Reform as Labour moves to scrap two-child benefit cap
Rachel Reeves has criticized the Tories and Reform UK as the government introduces landmark legislation to scrap the cruel two-child benefit limit.
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Cheap Chinese imports could cut UK inflation amid Trump trade war
The UK is set to receive an influx of cheap Chinese imports that could lower inflation amid the effects of Donald Trump’s global trade war, leading economists have said.
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Thousands of homeowners face mansion tax shock as automated valuations risk overpricing homes by £30,000
A version of the Valuation Office Agency (VOA)’s “automated valuation model" will be used in the assessment.
999
London mayor increases support for debt hunters as council tax and business rates rise
Sir Sadiq Khan is increasing his funding of debt collectors that track down unpaid council tax and business rates in London.
1025
Labour announces £2.5m inheritance tax relief threshold for agricultural and business assets
Labour will increase the inheritance tax relief threshold for farmers in a significant concession following backlash from rural communities.
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Bank of England cuts interest rates to 3.75% and signals further falls
The base interest rate was cut from 4% to 3.75% on Thursday, as Economics Editor Joel Hills reports.
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Rachel Reeves launches leak inquiry after “damaging” Budget briefings spark Treasury backlash
Rachel Reeves has said there were too many inaccurate and "damaging" leaks in the run-up to the Budget.
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Energy bill cut could be wiped out by nuclear costs, levies, and green charges
Rachel Reeves’ promise to reduce household energy bills by £150 might be nullified due to the costs associated with nuclear energy, concealed green levies, and new charges being introduced by the energy regulator, according to reports.
941
Keir Starmer ’completely losing the plot’: PM defends against claims Richard Hughes was forced out
Tory leader Kemi Badenoch told Prime Minister’s Questions that Richard Hughes, the former chair of the Office for Budget Responsibility (OBR), was "forced out for telling the truth" after the chancellor had "twisted the facts" on the Budget black hole.
777
Rachel Reeves scraps ’expensive’ electric car tax: Disabled drivers set to save £440 annually
Disabled drivers could be set for a major boost due to a little-known Vehicle Excise Duty (VED) change in Rachel Reeves’ budget.
731
Gordon Brown rejects Tory claims that ending benefit cap encourages ‘welfare scroungers’
Former Prime Minister Gordon Brown said Kemi Badenoch and her allies should “hang their heads in shame” after saying Rachel Reeves had created a ‘Budget for Benefits Street.
899
Rachel Reeves is accused of talking up the ’fiscal challenge’ before announcing £26 billion worth of tax rises
Treasury minister James Murray insists Rachel Reeves has been honest with the public after the Chancellor was accused of misleading the public.
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Starmer scrambles to cut welfare after backlash over ‘Benefits Street Budget
Keir Starmer has been forced into a panicked pledge to try to cut welfare after his "Benefits Street Budget" triggered a fierce backlash and left Rachel Reeves fighting to keep her job.
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‘Ultra-Rich’ Royals should pay more tax, says David Dimbleby
The veteran broadcaster, 87, directed criticism at the ’billionaire’ monarch, 77, questioning why the royals are exempt from capital gains and corporation tax.
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PM backs reeves despite OBR clash over “non-existent” budget gap
The support for the PM seems to be directly conflicting with the Office for Budget Responsibility (OBR), which stated it informed the Chancellor as early as October 31 that there was no longer a deficit in the public finances.
828
Rachel Reeves fighting for her job after ‘misleading’ the public over fabricated £20bn black hole used to justify Budget
Rachel Reeves has been accused of giving the public a misleading picture of the nation’s finances while preparing a £30 billion tax increase to protect herself and the Prime Minister.
710
Farmers defy police ban and drive tractors into Westminster to protest Rachel Reeves’s inheritance tax plan
Police had banned tractors from Whitehall, but farmers angry about Rachel Reeves’s tax changes brought their budget day protest to Westminster anyway.
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Rachel Reeves vows not to ‘lose control of public spending’ as she prepares major growth-focused Budget
Rachel Reeves has insisted that she will not ’lose control of public spending’ as she prepares to deliver a crucial Budget she says will help her ’push ahead with the biggest drive for growth in a generation’.
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Rachel Reeves’ plan to slash cash Isa limit sparks warnings of higher mortgage rates and shrinking savings
Building societies fear consumers will be deterred from saving if the chancellor’s budget announces a 40% reduction
812
UK to slap sugar tax on milkshakes and lattes as government scraps exemption for pre-packaged dairy drinks
Milkshakes and lattes face tax hikes as the government confirmed it is extending the ’sugar tax’.
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CBI chief warns Rachel Reeves against “death by a thousand taxes” as Budget downgrades force major revenue hunt
Business leaders have urged the Chancellor to impose "one or two broad tax rises, rather than death by a thousand taxes."
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Rachel Reeves to spend £3bn scrapping two-child benefit cap as Labour prepares sweeping welfare overhaul
Chancellor Rachel Reeves states the government will make a renewed attempt to revamp the welfare system as she prepares to allocate £3 billion in Wednesday’s Budget to abolish the two-child benefit cap.