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The Latest Breaking News from Rachel Reeves

P&O Ferries pull £1bn UK investment after Labour’s ‘cowboy’ attack

Transport secretary Louise Haigh’s threat to boycott company over firing 800 workers triggers cancellation of announcement for major expansion of London Gateway port ahead of major government summit to attract investors to Britain

The Independent UK

Rachel Reeves spends first 100 days in power trying to ride two horses

As chancellor reaches milestone she faces the tricky task of rescuing public finances while also investing in growth

The Guardian - UK

New poll sees Keir Starmer's popularity fall to record low after chaotic start as PM

KEIR Starmer’s approval ratings have reached a record low as his government nears its 100th day in office, according to a new poll ...

The National (Scotland)

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Labour’s first 100 days running UK panned as ‘worst start in living memory’

A donations scandal and controversial decision to deny a payment to pensioners overshadow Starmer’s new administration.

Al Jazeera

The super-rich claim they’ll flee to escape a Labour ‘tax grab’. Here’s an idea for how to stop them

If the 1% follow through on their threats, an ‘exit tax’ could raise £500m a year – by plucking golden feathers as they take flight, says the Guardian columnist Polly Toynbee

The Guardian - UK

Inflation-busting council tax rises of 5% may be in Rachel Reeves Budget, top economists warn

They also say that increasing employer National Insurance would be a ‘clear breach’ of Labour’s manifesto

Evening Standard

UK Economy Rebounds In August In Boost To New Govt

Britain's economy bounced back in August, official data showed Friday, boosting the new Labour government ahead of its maiden budget later in October.

International Business Times

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UK economy returns to growth in August after two stagnant months

Rachel Reeves will announce her autumn Budget on 30 October

The Independent UK

UK economy returns to growth in boost to Rachel Reeves before budget

GDP rises by 0.2% in August after flatlining in June and July but rate of expansion slower than first half of year

The Guardian - UK

Friday briefing: Counting the human, environmental and political cost of Hurricane Milton

In today’s newsletter: Florida once again begins the clean up operation following a second hurricane in the past two weeks – what will be the fallout?

The Guardian - UK

Row over claims Rachel Reeves could hike capital gains tax as high as 39%

Chancellor has dismissed Budget speculation but fears are rising over a massive tax hike to fill a £25bn black hole in her plans

The Independent UK

Share your views on the autumn budget and what it could mean for your finances

We would like to hear your views on the autumn budget on 30 October

The Guardian - UK

Robert Jenrick ramps up Tory leadership bid with thinly-veiled attacks on Kemi Badenoch

Robert Jenrick painted himself as the serious contender to succeed Rishi Sunak and suggested Kemi Badenoch would bring ‘needless drama’ to the job

The Independent UK

Rachel Reeves considers raising capital gains tax to 39%

Exclusive: Rates of 33% to 39% being tested as Treasury source says tax-raising plans are in ‘complete disarray’

The Guardian - UK

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Evening Standard

Budget 2024: Which taxes will Chancellor Rachel Reeves raise in the Budget?

Increases in National Insurance for employers, inheritance tax, capital gains tax and stamp duty are expected in the Budget on October 30

The Independent UK

Rachel Reeves warned up to £25bn of tax rises needed to avoid austerity

Rachel Reeves’ first budget could be ‘the most consequential since at least 2010’, the IFS said

The National (Scotland)

Rachel Reeves told she needs £25 billion tax increases to avoid austerity

Rachel Reeves may need to raise up to £25 billion from tax increases if she wants to keep spending rising with national income, the Institute for…

The Guardian - UK

Thursday briefing: What the shock Badenoch-Jenrick leadership battle says about the future of the Tories

In today’s newsletter: Conservative MPs have whittled down the candidates to Kemi Badenoch and Robert Jenrick. What does that say about the direction of the party?

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The Guardian - UK

Will Rachel Reeves’s rules on debt and spending survive the budget?

The chancellor desperately needs more money to finance growth and public spending so expect a bit of tweaking to supposedly strict constraints

The Guardian - UK

Labour needs £25bn a year in tax rises to rebuild public services, warns IFS

Thinktank says tax increases in budget will be necessary even if Rachel Reeves changes fiscal rules

Evening Standard

Sadiq Khan 'confident' of economic 'optimism next spring', warning 'tough Budget' must come first

‘We can't have more austerity. We've had 14 years of austerity,’ London’s mayor has said.

The Guardian - UK

Reeves mulling national insurance on employer pension contributions

Treasury officials examining potential levy that experts say could raise as much as £17bn for the exchequer

The Guardian - UK

The Guardian view on inequality in the UK: what kids can teach us

Editorial: To get a sense of how unfair Britain is, consider the prospects for its children

The Guardian - UK

Don’t indulge the Thames Water whingers next week, prime minister

Labour should stand firm at its investors summit and remind attenders that the UK’s utilities sector is eminently investable

The Guardian - UK

Rough sleeping will soar unless Labour fills £1bn shortfall, charities say

Exclusive: Failure to extend funding risks biggest setback to ending homelessness ‘in recent history’, Rachel Reeves told

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