The Latest Breaking News from Rachel Reeves

Chancellor’s remarks, made ahead of the EU-UK summit next month, signal a softening of the government’s position on a youth mobility scheme

INTERVIEW: As he gears up for the annual Grand Designs Live event, the Channel 4 stalwart speaks to Adam White about Margaret Thatcher, Rachel Reeves and Britain’s ‘shameful and appalling’ housing standards, his eagerness to keep his private life private, and how he wishes people didn’t fancy him

Chancellor discusses ‘prosperity deal’ with Treasury secretary Scott Bessent but US calls for reduced tariffs on car imports to UK

Visas that could allow under-30s to live and work in European Union countries, and vice versa, under discussion as Keir Starmer tries to reset relations with the bloc after Brexit

A day after the meeting between the President of the European Commission, Ursula von der Leyen, and UK Prime Minister Keir Starmer, the UK finance minister said that trade relations with the EU may take precedence over those with the US.

The EU is the UK’s largest trading partner, with the US the second largest.

Have your say: Is the UK–US “special relationship” still alive, or has Trump’s trade war and shifting global politics turned it into a thing of the past?

SKETCH: Appearing on Donald Trump’s favourite US cable news channel, the chancellor hadn’t looked so eager-to-please since her interview for the Bank of England grad scheme, says Joe Murphy

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