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The Latest Breaking News from Rachel Reeves

Reeves warns against isolationist politics in Welsh summit speech

Rachel Reeves used her speech at the Wales Investment Summit to warn against the politics of ‘national retreat’.

Evening Standard

OBR chief resigns after report blames leadership for Budget blunder

A damning report into last week’s Budget leak said the error was the worst failure in the OBR’s 15-year history

The Independent UK

OBR says inadvertent budget leak is ‘worst failure’ in its 15-year history

Investigation finds organisation’s leadership over many years was to blame for error, and similar breach happened earlier this year

The Guardian - UK

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Why Rachel Reeves chose a ‘smorgasbord’ of tax tweaks – and the risks involved in that approach

Chancellor Rachel Reeves has delivered her second budget, in which she raised taxes by £26 billion. This will take the UK tax burden to an all-time high of 38% of GDP by 2030-31. But it will also more than double Reeves’ “fiscal headroom” to £22 billion.

The Conversation

Regents Park mansion sells for almost £11 million after Rachel Reeves's Autumn Budget

The Budget’s ‘soft landing’ triggered the £10.95 million deal, say selling agents Beauchamp Estates

Evening Standard

Starmer’s priorities have changed. He needs to be honest about why

NEWS ANALYSIS: The prime minister’s claim that he always wanted to scrap the two-child benefit cap will cast doubt on his attempt to reassure voters – and his own cabinet colleagues – that he and the chancellor told the truth about tax rises, writes political editor David Maddox

The Independent UK

Starmer says there was ‘no misleading’ by Chancellor ahead of Budget

Rachel Reeves has also reportedly been accused of misleading the Cabinet.

Evening Standard

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Reeves ‘very clearly’ misled the public ahead of the Budget – Swinney

Labour ministers have denied any suggestion that Ms Reeves misled voters.

The Independent UK

Starmer raises pressure on head of OBR by saying budget leak was ‘serious error’

PM says he is ‘very supportive’ of spending watchdog but breach was a ‘massive discourtesy’ to parliament

The Guardian - UK

Mr Fogg's boss: Pubs? Rachel Reeves just hammered the final nail in their coffin

Going to your local may soon be a thing of the past, says Charlie Gilkes, unless Rachel Reeves acts now

Evening Standard

Did Rachel Reeves lie to justify her £26billion Budget tax raid?

The Chancellor is facing calls to resign over misleading the public and Cabinet minister over the state of Britain’s finances

Evening Standard

UK leader Keir Starmer backs his Treasury chief over claims she misled the public about the economy

British Prime Minister Keir Starmer has defended his Treasury chief Rachel Reeves against claims she misled the public about government finances before last week's tax-hiking budget

The Independent UK

Peel Hunt cheers ‘positive steps’ in Budget to boost London market and investing

The Chancellor announced a three-year stamp duty holiday on shares bought in new UK IPOs as part of measures to encourage investing in UK shares.

Evening Standard

Watch: Keir Starmer defends Budget after claims Rachel Reeves misled public over tax hikes

Watch as Sir Keir Starmer defends Rachel Reeves after she has come under heavy criticism following last week’s Budget.

The Independent UK

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Evening Standard

Cabinet minister insists Reeves has ‘full support’ on Budget

Rachel Reeves has been forced to defend herself against claims she misled voters by talking up the scale of the fiscal challenge ahead of the Budget.

The Guardian - UK

UK politics: OBR chief resigns, saying budget leak was ‘technical but serious’ error – as it happened

Richard Hughes says he is stepping down in order to restore confidence in organisation

Evening Standard

Pint of beer price to rise in London pubs clobbered by Reeves on tax, business rates and staff pay hike

London MPs criticised the growing burden being placed on the hospitality sector by the Chancellor

The Independent UK

OBR chairman resigns after damning report into leak of Reeves’ Budget - latest

The report said the leak was ‘the worst failure in the 15-year history of the OBR’

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news in one place.

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The Guardian - UK

UK refrains from hitting high street on Black Friday as fears grow over economy

Data comes as KPMG highlights soft consumer spending as one factor likely to hold back growth in 2026

The Independent UK

Blow for Reeves as business confidence at near record low after Budget

Labour chancellor under pressure to do more to improve the prospects for economic growth

The Independent UK

A return to Budget purdah would be no bad thing for Labour

THE INDEPENDENT VIEW: Editorial: Reeves is no liar, but Labour should never have made that untenable tax pledge in their manifesto

The Independent UK

Defiant Starmer to defend Budget after Reeves forced to deny lying about black hole to justify tax hikes

Calls for multiple investigations following accusations that the chancellor misled the public

Evening Standard

Starmer signals fresh push on welfare reform in bid to move on from Budget row

The Prime Minister will make the case for a welfare system shake-up after the axing of the two-child cap in the Budget was welcomed by Labour MPs.

Evening Standard

Budget 'lies' storm: Starmer grilled on whether Reeves misled public and Cabinet over nation's finances

The row threatens to overshadow the Prime Minister’s attempts to get people to focus on the ‘substance’ of the Government’s spending and reform plans

The Guardian - UK

Labour’s economic plan will take years to deliver, Keir Starmer says

Exclusive: PM hits back at critics as he insists Rachel Reeves right to impose £26bn worth of tax rises at budget

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