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The Latest Breaking News from Mike Brewer

Thursday briefing: Rachel Reeves cuts to balance the books – but at what cost?

In today’s newsletter: The chancellor insists on sticking to her fiscal rules, even as charities and her own backbenchers make the case for the burden to fall on the richest in society

The Guardian - UK

Living standards 2025 outlook ‘hardly cause for celebration’, says UK thinktank

Household incomes to stagnate or fall but will be offset by better public services, says Resolution Foundation

The Guardian - UK

Rachel Reeves spending review ‘set to be next big challenge’ for government as growth flatlines

Rachel Reeves has ordered a line-by-line review of spending, with departments ordered to find savings of 5 per cent of their budgets

The Independent UK

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Reeves faces spending wrangles and a search for growth in 2025

Rachel Reeves faces an unenviable situation as the new year begins.

The Independent UK

OBR moving to ‘trust but verify’ relationship with Treasury after ‘black hole’ row – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

UK politics live: Budget means weekly pay to rise just £13 in 20 years as IFS calls Reeves’s plans ‘unrealistic’

The Resolution Foundation has warned that the pay outlook is “dire” and many UK workers will not feel any better off by the end of this Parliament

The Independent UK

Ground breaks on regional sports complex in Richmond

The 280-acre property was purchased by Richmond in March of last year, after initial plans in 2020. The city invested $52 million in the park.

WEKU

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Classic car stolen from Wheeler Dealers TV crew as devastated hosts make desperate plea

TV presenters Mike Brewer and Marc Priestley from car show Wheeler Dealers have been left 'heartbroken' after their rare MK1 Ford Fiesta car went missing earlier this week

Daily Mirror

Former Top Gear host Richard Hammond joins festival to raise money for cancer patient

Former Top Gear presenter Richard Hammond joined other petrolheads in attending a car show named after car mad Matt Pollard, who was diagnosed with terminal cancer aged just 19

People

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