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The Latest Breaking News from Rachel Reeves

Starmer backs Reeves amid scrutiny of CV changes and banking career expenses

Sir Keir Starmer believes the Chancellor can be trusted and has no concerns about her conduct, Number 10 said.

Evening Standard

'Broken': UK living standards fall despite slight economic growth, data shows

THE UK economy unexpectedly eked out growth in the final three months of last year – but a key measure showed living standards actually fell,…

The National (Scotland)

UK Economy Picks Up Ahead Of US Tariff Risks

Gross domestic product expanded 0.1 percent in the October-December period after zero growth in the third quarter of 2024, the Office for National Statistics (ONS) said in a statement.

Latin Times

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'Extraordinary': BBC accused of bid to spin dismal growth figures for Labour

THE BBC has been accused of an “extraordinary” bid to spin dismal economic growth figures to benefit Labour.

The National (Scotland)

Rachel Reeves comes under fire for retail banking career expenses and CV changes

The Chancellor’s use of expenses during her time working for HBOS were reportedly subject to an internal investigation, the BBC reported.

Evening Standard

Rachel Reeves ‘investigated over expenses’ while working at bank

It comes as it emerged the chancellor worked at the Bank of England for nine months less than her LinkedIn profile claimed

The Independent UK

Drinkers give some cheer to Rachel Reeves as pubs and bars spending helps to deliver surprise GDP growth

The economy was up 0.4%in December, beating City expectations

Evening Standard

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Chancellor ‘still not satisfied’ despite surprise economic growth at end of 2024

Official figures showed gross domestic product edged 0.1% higher between October and December, confounding expectations for a contraction

Evening Standard

Reeves ‘still not satisfied’ despite surprise economic growth at end of 2024

Official figures showed gross domestic product edged 0.1% higher between October and December, confounding expectations for a contraction

The Independent UK

UK government supercharges EV charging with £65m investment

Chancellor Rachel Reeves has announced a £65 million investment aimed at expanding on-street charging options in the United Kingdom. This move is designed to encourage drivers to transition to zero-emission vehicles and aligns with the nation's net-zero ambitions.

Motor1

UK Economy Picks Up, Boosting Govt Amid US Tariffs

Britain's economy picked up at the end of last year, official data showed Thursday, relieving some pressure on the Labour government as the country faces up to US tariffs.

International Business Times

Thursday briefing: Has Labour laid the foundations for fixing Britain’s housing crisis?

In today’s newsletter: The government is proposing big investment and sweeping planning law reform, but critics say the goals are unrealistic and inadequate. We recap Angela Rayner’s housing policy

The Guardian - UK

UK economy grows by 0.1% in unexpected boost for Rachel Reeves

ONS data showing British national output rose in final quarter of 2024 confounds forecasts of 0.1% decline

The Guardian - UK

Labour will not release long-awaited industrial strategy until June

Strategies for life sciences to be published earlier but broader report expected in June

The Guardian - UK

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The Independent UK

Government ‘relentlessly focused’ on economy amid reports of lower growth – No10

The Office for Budget Responsibility is said to have cut its projections for economic growth.

Evening Standard

Multibillion-pound Heathrow investment unveiled ahead of new runway plan

Chancellor Rachel Reeves used a speech on growth last month to give her support for a third runway at Heathrow.

The Independent UK

Number of farmers hit by tractor tax ‘substantially’ underestimated by ministers, MPs told

Inheritance tax hike announced by Labour chancellor Rachel Reeves in last year’s Budget

The Guardian - UK

Beales to close last store, blaming costs ‘foisted on us’ in Reeves’s budget

Poole shop to shut again only five years after it was revived following retail chain’s administration

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The Independent UK

Public think Heathrow expansion ‘wrong priority’, polling suggests

Survey conducted for climate charities finds strong support for improving roads and upgrading the rail system – but not a third runway.

The Guardian - UK

US inflation unexpectedly rises to 3% in January – as it happened

Surprise rise in inflation on the back of higher food prices makes Federal Reserve interest rate cuts less likely, in a blow to Donald Trump

The Guardian - UK

UK economy on course for 1.5% expansion, NIESR predicts

Thinktank cautions Trump tariffs could blow hole in forecast, with 63% of UK firms exporting to US expecting to be hit

The Guardian - UK

Nationwide warns Reeves against cutting tax breaks on cash Isas

City wants more investment in stocks but move could reduce availability of mortgages for first-time buyers

The Independent UK

Embattled Rachel Reeves gets Budget boost with growth forecast – but Trump tariffs will damage UK economy

Think tank says GDP growth is likely to be 0.2 percentage points lower in the first year of tariffs if implemented by the US president

The Guardian - UK

Heathrow to pledge to use UK steel and boost growth in third runway proposal

Airport’s chief executive to formally spell out expansion plans in speech at British Steel plant in Scunthorpe

The Guardian - UK

‘Let’s not forget the pain of the 2008 crisis in pursuit of growth,’ warns Andrew Bailey

Bank of England governor says there is ‘no trade-off’ between economic growth and financial stability

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