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The Latest Breaking News from Rachel Reeves

'Davos deal' sees Rachel Reeves pledge to relax non-dom tax rules for millionaires

RACHEL Reeves will relax rules for non-domiciled residents in order to help them avoid paying UK taxes – saying she has been “listening to the…

The National (Scotland)

KemiKaze shows she doesn’t do sorry in first broadcast as Tory leader

She longs to distance herself from Boris, Liz and Rishi – but it’s as if she has given up already

The Guardian - UK

Ed Miliband won’t resign over Heathrow third runway despite environmental concerns

Energy secretary and former Labour leader pledged to vote against expansion six years ago saying ‘we owe it to future generations not just to have good environmental principles but to act on them’

The Independent UK

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Watchdog warns Rachel Reeves looser lending for first time buyers could mean home repossessions double

Chief Executive Nikhil Rathi told MPs that any move to make borrowing easier for first time buyers could lead to the rise of people ultimately losing their homes

The Independent UK

What’s the point of Davos when even the rich are fed up with the super-rich?

Rachel Reeves told the elites gathered in Switzerland she was relaxed about ‘wealth creation’. She’s in the minority on that, says columnist Zoe Williams

The Guardian - UK

Reeves plans to soften non-dom reforms after listening to concerns

Downing Street said the move to soften non-dom reforms does not ‘change the overall approach’ to the Government’s policy.

Evening Standard

Reeves will 'make changes' in spring if needed for UK public finances amid talk of spending cuts or tax rises

The Chancellor vowed to stick to her fiscal rules on day-to-day spending and reducing the UK’s debt

Evening Standard

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UK To Make Case To Trump Against Whisky Tariff: Finance Minister

Britain will make the case to US President Donald Trump that Scotch whisky and other goods should be spared from any tariffs by the new administration, UK finance minister Rachel Reeves said Thursday.

International Business Times

Government rejects call from supermarket giants to halt controversial tractor tax plan

Some of Britain’s biggest retailers, Tesco, Lidl and the Co-Op, demanded a pause to the inheritance tax raid as Labour chancellor attempts to woo business investment to the UK at World Economic Forum in Davos

The Independent UK

Rachel Reeves to soften non-dom tax changes to woo rich for growth push

Tweak to finance bill is part of Labour push to show UK is attractive place to invest

The Guardian - UK

Reeves to water down tax raid on non-doms amid exodus of millionaires

The chancellor is to amend some of the changes to tax rules for non-domiciled individuals announced in October’s Budget

The Independent UK

Government ‘not ripping up’ green protections, minister says, amid projects push

Housing minister Matthew Pennycook said the Chancellor was right to prioritise growth amid speculation about the future of Heathrow airport.

Evening Standard

Billionaire hedge fund investor explains why UK government faces debt ‘death spiral’

Borrowing has reached almost £18bn and the concern is more debt will be required to pay that off - and the same could happen in the US, Ray Dalio warns

The Independent UK

Transport Secretary Heidi Alexander opposed third runway at Heathrow which Rachel Reeves appears to now back

Exclusive: Heidi Alexander is the eighth Cabinet minister known to have objected to a bigger Heathrow, as has Prime Minister Sir Keir Starmer

Evening Standard

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The Guardian - UK

UK politics: ‘It’s not a customs union’: No 10 leaves door open to joining pan-Europe scheme – as it happened

Downing Street says EU’s suggestion of UK joining agreement would not cross its ‘red lines’ for closer ties

The Independent UK

UK’s millionaire exodus equal to losing 530,000 average taxpayers, study says

The country lost 10,800 millionaires to foreign countries last year, more than double the number who left in 2023. It means that, since Labour came to power, one millionaire left the UK every 45 minutes

The Guardian - UK

Rachel Reeves’s bid to expand Heathrow could add £40 to airline ticket

Treasury analysis shows ticket prices expected to go up across board with no plans for frequent flyers to shoulder more of the cost

The Guardian - UK

Legal challenges to infrastructure plans to be blocked in Starmer growth push

Prime minister hopes his plan to ‘take the brakes off Britain’ will send a message to business to build more

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The Guardian - UK

Rachel Reeves denies Labour hindering consumer interests in car loans scandal

Chancellor under pressure from lenders and lobbyists that say huge compensation bill could harm motor finance market

The Guardian - UK

Reeves says growth eclipses net zero as Heathrow runway decision looms

Chancellor hints in Davos she intends to reaffirm backing of airport expansion despite climate concerns

The National (Scotland)

'Dystopian': Labour slammed for giving former Amazon boss top watchdog role

THE Labour Government has drawn anger after making the “dystopian” decision to give a former boss of Amazon UK a top watchdog role ...

Evening Standard

Chancellor Reeves on UK investment mission at Davos World Economic Forum

Listen here on your chosen podcast platform.

The Independent UK

The UK government’s £18bn borrowing costs are higher than expected - how did we get here?

The deficit was the highest for any December since 2020, when the government was forced to prop up closed businesses and spend billions of pounds on medical equipment because of the covid lockdowns

Evening Standard

Will taxes be raised by Labour Chancellor Rachel Reeves in 2025?

She is facing more difficult decisions on the dire state of public finances

The Guardian - UK

Competition watchdog role for ex-boss of Amazon UK ‘a slap in face’, say unions

Business minister denies government ‘in pocket of big tech’ after hiring Doug Gurr to chair CMA

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