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The Latest Breaking News from Rachel Reeves

Reeves pulls out of event celebrating City amid Trump tariff threats

Top indexes in the UK, France and Germany were down sharply on Monday morning, while gold prices rose to hit a fresh record high.

Evening Standard

Reeves claims UK economy will ‘turn corner’ in 2026 with growth only behind US and Canada in G7

But the UK is expected to lag behind global growth which is projected at 3.3 per cent in 2026 and 3.2 per cent in 2027

The Independent UK

Rachel Reeves pulls out of London Stock Exchange event after new Trump tariff threat

Markets open down on Monday after president’s threat to impose up to 25% tariffs on eight European countries over Greenland

The Guardian - UK

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FTSE 100 Live 19 January: Markets lower amid tariffs threat, WH Smith surges

The FTSE 100 index is under pressure after Donald Trump threatened fresh tariffs on eight European countries including the UK.

Evening Standard

Rachel Reeves says UK listing rules ‘reinvigorating’ City amid hopes of revival

The Chancellor also set her hopes on the FTSE 100’s standout year encouraging more Britons to get investing.

The Independent UK

Expand credit unions to boost cheap credit to low-income people, Labour MPs urge Reeves

Influential MPs including committee chairs say millions could benefit with minor changes to financial inclusion bill

The Guardian - UK

Why Rachel Reeves should give bankers more of a cold shoulder at Davos 2026

The chancellor has been cosseting City lenders to fuel economic growth but studies show UK plc would be better served by trying to keep them in check

The Guardian - UK

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‘He needs to disappear for a very long time’: has Peter Mandelson finally run out of spin?

Bruised and tainted by his relationship with Jeffrey Epstein, the Labour peer still has admirers – and the drive to go again

The Guardian - UK

London Overground: Sadiq Khan gives new branch line in west London the signal to proceed

The West London Orbital would link Hounslow and Hendon via Old Oak Common - but the Tories say Londoners are being misled

Evening Standard

Culpeper pub boss: The rates system is not fit for purpose, and it’s not fair

The changes to rates have completely eroded my confidence in the government, says London pub boss Nicolas Tréguer

Evening Standard

Keir Starmer Facing Fierce Backlash Over 'Coarse' Kama Sutra Joke During Tense PMQs

Keir Starmer's failed Kama Sutra joke at PMQs exposes a deeper problem—his consistent inability to read the public mood, from comedy blunders to his crumbling 300,000-homes-a-year housing pledge that was doomed from the start.

International Business Times UK

Growth figures give boost to Reeves – but it’s too early to get carried away

While better-than-expected data for November offers hope for UK economy, clouds remain on the horizon

The Guardian - UK

UK economy grew by faster than expected 0.3% in November

Growth was fastest since the 0.4% recorded in April in a boost for the Chancellor

Evening Standard

UK economy grew by better-than-expected 0.3% in November despite budget uncertainty

Jaguar Land Rover’s recovery from cyber-attack appears to have contributed to GDP growth

The Guardian - UK

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The Guardian - UK

UK borrowing costs drop to lowest level in more than a year

Greater scope for interest rate cuts and reduced fears about government finances prompt bond yields to fall

Evening Standard

Rachel Reeves wants North to ‘feel the benefits’ of rail scheme by ‘early 2030s’

The Chancellor spoke during a visit to a rail depot in Leeds.

Evening Standard

Which pubs near you are in danger? London’s most at risk boozers revealed

A new website shows which pubs are facing the biggest business rate hikes - and many are in deep trouble

International Business Times UK

UK Brewery Firm Phantom Brewing Enters Administration Owing Creditors £2.2 Million

Phantom Brewing enters administration with £2.2m debt as UK hospitality faces mounting pressure from rising business costs and Government policies affecting independent venues.

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Evening Standard

Pubs will get the support they need, vows Keir Starmer

The climbdown from a Budget decision comes after the sector raised concerns over increasing business rates.

Evening Standard

Keir Starmer defends digital ID work check plans amid accusations of new U-turn

The Government appears poised to backtrack on its plans to introduce a new mandatory digital identification for right to work checks.

Evening Standard

John Swinney welcomes U-turn on ‘foolhardy’ digital ID proposals

The Prime Minister has been accused of a U-turn, which has been denied by the Chancellor.

The Independent UK

Digital IDs will not be only way to prove right to work in UK, says Chancellor

It is the latest in a series of U-turns by the Government.

The Guardian - UK

Rachel Reeves ‘pretty relaxed’ about what form of digital ID workers use

Right to work can be proved using digital ID card, e-visa or e-passport, in change to policy government insists is not a U-turn

Evening Standard

Rachel Reeves confirms pubs will get ‘more temporary support’

It follows pressure from landlords and industry groups over a major hike in business rates.

Evening Standard

New Birmingham-Manchester rail line planned by Government

A previous plan to extend HS2 between the cities was scrapped by the Conservative government in October 2023 to save money.

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Reinaldo Avila da Silva

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