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The Latest Breaking News from Rachel Reeves

UK inflation inches up in December but a decline toward 2% is expected in 2026

Inflation in the United Kingdom rose in December for the first time in five months, pushing further above the Bank of England’s target

The Independent UK

JD Wetherspoon warns of lower profits as pubs hit by rising costs

Shares in pub chain fall after it reveals £45m surge in costs driven by business rates and other ‘higher-than-expected’ bills

The Guardian - UK

Reeves: UK will not be ‘buffeted around’ amid Trump tariff threats

Chancellor Rachel Reeves said the UK’s economic plan would ‘get us through challenging times’.

Evening Standard

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London jobs crisis: Rachel Reeves has hit hiring and is driving posts abroad, warns Currys boss

Alex Baldock, chief executive of the technology giant, says the Chancellor has undermined the retail sector

Evening Standard

Miliband defends Starmer as Trump heads to Davos amid Greenland tensions

The US president is set to address the World Economic Forum in Switzerland.

The Independent UK

Zack Polanski: Tax wealth and cut inequality to make London a better city

Exclusive: Green Party leader hits out at Labour ‘attacks’ on him as parties gear up for the May local elections

Evening Standard

Love, actually? Starmer’s ‘keep calm’ approach to Trump comes under strain

Minister keen to stress politics is not like the movies but PM’s ‘pragmatic’ line is drawing increasing criticism

The Guardian - UK

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Rachel Reeves hits back at two child benefit changes criticism during visit to London charity

Chancellor joins Deputy Labour Leader Lucy Powell on visit to the Felix Project in Ealing to see the work being done by charities helping London families

Evening Standard

Macron takes aim at ‘bully’ Trump as EU leaders ramp up response to president’s threats

French president urges ‘rule of law over brutality’ in a thinly veiled takedown from Davos, hours after the US president launches yet another attack on Nato allies with a rant against Keir Starmer's Chagos deal

The Independent UK

UK visa changes to help attract talented foreign workers announced by Chancellor

Rachel Reeves vowed to refund visa fees for some global businesses and speed up the time it takes for a company to qualify as a sponsor of migrant staff

Evening Standard

Re-joining EU customs union means losing benefit of trade deals, Reeves says

The remarks come as Rachel Reeves announced plans for the UK to reimburse visa fees and fast-track applications for top international firms.

Evening Standard

What is Davos 2026, who is attending and what is on the agenda?

Here is all you need to know about the annual event

Evening Standard

Trump’s Greenland pressure stokes fears of economic hit

European leaders hinted at action to respond to Donald Trump’s tariff threats as Rachel Reeves pleaded for cool heads.

The Independent UK

Rayner urges Starmer to keep promise on leasehold reform

Ex-deputy PM says government must stick to plans to cap charges for leaseholders in England and Wales

The Guardian - UK

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The Guardian - UK

Number of employed people in UK falls again as wage growth slows

Shops, restaurants and hotels particularly hit by slowdown in hiring, as unemployment remains at 5.1%

The Guardian - UK

Davos: Reeves urges leaders to keep cool heads over tariff threat; Canada’s Carney stands with Greenland – as it happened

Rolling coverage of the World Economic Forum in Davos, where European Commission president says Europe must respond to geopolitical shocks

The Guardian - UK

Reeves plans to refund some visa fees in effort to attract ‘trailblazer’ investment to UK

Chancellor, who flies to Davos on Tuesday, will announce changes aimed at encouraging global firms to bring highly skilled staff to Britain

Evening Standard

Starmer seeks to steady ship as tensions simmer over Greenland

The US president said he was 100% committed to hitting the UK and European allies with tariffs.

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Evening Standard

UK to reimburse visa fees for top tech and science firms in push for growth

The Chancellor will pitch Britain as a haven of ‘stability’ as she meets business chiefs at the World Economic Forum in Davos on Tuesday.

The Independent UK

‘In a volatile world, Britain stands out’: Reeves to try to turn Trump tariffs into an opportunity for UK business

The chancellor and business secretary will both be attending Davos with a message that the UK ‘offers the stability’ that businesses need to invest amid increasing global volatility

Evening Standard

Hotel bosses call for financial support as business rates set to surge

Hilton, Butlin’s and Travelodge are among more than 130 accommodation businesses who have written to the Chancellor.

Evening Standard

Rachel Reeves: UK 'working intensely' with US to de-escalate tensions after Trump tariff threat over Greenland

EXCLUSIVE: The Chancellor compared Donald Trump’s threat of tariffs over Greenland to the financial impact of the pandemic and Russia’s war in Ukraine

Evening Standard

Trump steps up tariff threat over Greenland as Starmer appeals for calm

US President Donald Trump again refused to rule out military options to seize control of the Danish territory.

Evening Standard

Starmer plays down prospect of US invading Greenland and calls for calm

The Prime Minister said the dispute over Greenland should be resolved through ‘calm discussion between allies’, not a trade war or military action.

Evening Standard

LSE boss hails reforms to UK markets as biggest ‘in a generation’

Rachel Reeves had been due to appear at an event at the London Stock Exchange.

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