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The Latest Breaking News from Rachel Reeves

Ministry of Defence forecast to exceed budget by £2bn in summer estimate

The department’s financial position has improved since then, it is understood.

Evening Standard

Rachel Reeves 'considering breaking Labour manifesto pledge with income tax rise at Budget'

Treasury discussions to fill estimated £30billion gap include possibly adding 1p to basic rate or raising higher or additional tax rates

Evening Standard

Reeves considers breaking manifesto pledge with income tax rise to fill £30bn gap

Exclusive: Treasury discussions include possibly adding 1p to basic rate or raising higher or additional tax rates

The Guardian - UK

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How might Rachel Reeves target lawyers, accountants and doctors in her budget?

Insiders say chancellor is planning a tax raid on partnership structures that could raise £1.9bn

The Guardian - UK

The common myth over unmarried people living without a will - and why it could be costly

When one person dies their partner does not have the same entitlements if the pair are not married

The Independent UK

Sweet dreams... are we sleepwalking into a catastrophic health crisis?

Sleep depravation is an overlooked issue that Dr Andy Galpin thinks urgently needs addressing. Will Rogers-Coltman finds out more

Evening Standard

Rachel Reeves is the face of this budget. But the really big decisions are not in Labour’s hands

The UK’s economic policy isn’t decided by politicians, but by the OBR and the Bank of England. This is a system in dire need of a rethink, says Guardian columnist Larry Elliott

The Guardian - UK

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Helping Hand mortgage sees massive rise in first-time home owners

The mortgage deal allows first-time buyers to borrow up to six times their income

The Independent UK

Scrapping two-child benefit cap could lift 630,000 children out of poverty

Scrapping the two-child benefit cap would be among the most cost-effective ways to reduce child poverty, the Institute for Fiscal Studies has said

The Independent UK

Scrapping two-child benefit cap cost-effective way to reduce poverty – IFS

Chancellor Rachel Reeves has faced increasing calls to lift the cap.

The Independent UK

Reeves hails £500m package for homes and transport in Oxford-Cambridge corridor

The Chancellor said the Government has ‘massive ambitions’ for the area.

Evening Standard

UK Inflation Stays High: What's Next for the Budget?

UK inflation held at 3.8% in September as core eased to 3.5%, gilt yields fell, and attention turned to Rachel Reeves's 26 November Budget and the fiscal trade-offs ahead.

International Business Times UK

Chancellor hoping shift in tone on Brexit will ring true for key groups of voters

Rachel Reeves’ criticism of Brexit impact on economy is aimed at leave voters who have changed their minds and younger voters, says analysts

The Guardian - UK

Reeves expected to scrap ‘low-value imports’ loophole that benefits Shein and Temu

Chancellor reportedly plans to close tax loophole in budget, after complaints by UK retailers of uneven playing field

The Guardian - UK

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The Independent UK

Brits charged more than £100m in ISA penalties last year – Rachel Reeves, please fix this mess

SAVING FOR PROPERTY: The Lifetime ISA was meant to help young people buy their first home. Instead, it’s punishing them for trying. Gabriel Nussbaum explains why the Chancellor needs to reform it - before more first-time buyers pay the price

Evening Standard

London lawyers and accountants ‘targeted in new £2bn tax raid’ as Rachel Reeves prepares Budget

Rachel Reeves is reportedly considering a new tax hit on more than 190,000 people who use limited liability partnerships

Evening Standard

Rachel Reeves handed pre-Budget boost as inflation stays unchanged at 3.8%

Prices rose less steeply in September than the 4% that many City forecasters had feared

The Guardian - UK

Nothing else has worked – so Starmer and Reeves are finally telling the truth about Brexit

It is the right way to go, but taking the long way round to such an obvious point has cost Labour precious time and credibility, says Guardian columnist Rafael Behr

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The Independent UK

Flynn to raise ‘folly’ of Brexit with Bank governor

The SNP’s Westminster leader also called on Chancellor Rachel Reeves to enter talks with the EU to improve the Brexit deal.

The Independent UK

Rachel Reeves ‘plots tax raid on solicitors and GPs in crackdown on UK’s wealthy’

Chancellor to tackle loophole under which partners do not pay employer national insurance

The Guardian - UK

How Rachel Reeves could balance Britain’s books and lower inequality

Letters: Caitlin Boswell lays out measures that would make taxation fairer and improve lives. Plus letters from Rachel Sharp, Dr Tim Owen and Paul McGilchrist

Evening Standard

Joan Armatrading composes classical piece that is ‘love letter’ to Birmingham

The City of Birmingham Symphony Orchestra will give the first performance of Homeland on December 7.

Evening Standard

Brexit has made UK economy and productivity ‘weaker’ than thought, says Reeves

The expected downgrade of the OBR’s previous assumptions is likely to make filling a black hole in her Budget even harder.

The Guardian - UK

Reeves says economic damage caused by Brexit forcing her to take action in budget

Chancellor, who is expected to announce tax rises and spending cuts, says effect of leaving bloc worse than predicted

The Independent UK

Brexit had bigger impact on UK economy than critics predicted, Rachel Reeves says

Brexit ‘needlessly’ added costs to UK businesses, Rachel Reeves said, arguing ministers are now ‘unashamedly rebuilding our relations with the European Union’

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