The Latest Breaking News from Rachel Reeves

The Chancellor faces scrutiny with her first Budget looming. Questions remain about her strategy and economic plans

Public sector unions had warned rise would hurt their members, erasing pay increases government has just agreed

Peter and Florence Fanning said that pensioners are now being ‘punished’ by the government

Anger is growing over Labour’s plans to impose VAT on private school fees midway through the academic year

In letter to chancellor, Tesco and M&S are among firms warning tax could result in widespread store closures

The government is considering changing its fiscal rules to give it more room to borrow

Chancellor announces biggest raft of tax hikes in any budget since 1993

Liam Byrne has warned the chancellor that extra levies on the rich are needed to halt the rise of the populist right

Some senior ministers expected to vote against measure in free vote, while others are still undecided

Exclusive: Transport secretary Louise Haigh – who previously criticised Rishi Sunak for the ‘great rail betrayal’ of HS2 – now finds herself wielding an axe over £85m worth of projects

The transition to a greener society will involve huge investments in wind farms, electric cars and trains, new ways to heat homes, and much more. Yet the UK government is sending mixed messages over whether it intends to finance such projects at anything like the rate required.