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The Latest Breaking News from Rachel Reeves

Reeves urged to take 2p off employee NI and add it to income tax in budget

Resolution Foundation says move could raise additional £6bn a year and ‘level the playing field’ on income tax

The Guardian - UK

Income tax hike of 2p to target pensioners and landlords would ‘level playing field’, think tank tells Reeves

Labour chancellor also facing calls to raise levies on lawyers, sugar, salt and longhaul flights in the Budget

The Independent UK

Cut national insurance and hike income tax to meet fiscal rules, think tank says

The Resolution Foundation said the move would create a level playing field and protect workers’ pay.

The Independent UK

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Rachel Reeves urged to put 2p on income tax and cut employee NI to meet fiscal rules

The Resolution Foundation said the move would create a level playing field and protect workers’ pay

Evening Standard

What swayed the decision for second Gatwick runway and what does it mean for Heathrow?

The lowdown on what happens next and whether the move is likely to boost the UK economy

The Guardian - UK

DWP chief won’t rule out further benefit cuts before next autumn

Delayed changes to PIP won’t put off other cuts, work and pensions secretary states

The Independent UK

Nigel Farage under fire over 'half-baked' immigration plan as huge EU carve-out revealed

Reform facing questions over its claim that the plans could save £234 billion

Evening Standard

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Reeves claims Gatwick second runway ‘will mean cheaper holidays’; Trump’s $100,000 H-1B visa fee expected to hurt US growth – as it happened

Rolling coverage of the latest economic and financial news, as Green Party’s Zack Polanski says signing off second runway at Gatwick “is a disaster”

The Guardian - UK

Reeves: Gatwick second runway shows Government ‘backing builders, not blockers’

Chancellor Rachel Reeves said the expansion of Gatwick Airport would mean thousands more jobs and billions of pounds for the economy.

Evening Standard

Rachel Reeves facing backlash in ‘taxi tax’ Budget row

Levy on cab rides set to join other Budget disasters such as ‘tractor tax’ and ‘pasty tax’

The Independent UK

House of Commons nursery provider criticised for article praising Reform conference

Piece on website of LEYF, which runs nurseries across London, talked of party’s ‘growing appeal to mothers’

The Guardian - UK

Boomers think their wealth came from wise choices – this myth needs busting

If Reeves swipes some of the huge gains amassed from property and pensions, the lucky generation cannot argue – but will

The Guardian - UK

UK to use Russian assets to fund Ukraine war effort

IN FULL

The Independent UK

UK flies fighter jets over Poland in warning shot to Putin to stay out of Nato territory

Moscow claims incursion into Estonia was ‘scheduled flight’ after Donald Trump warns the breach could lead to ‘big trouble’

The Independent UK

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Evening Standard

UK to explore ‘reparations loan’ for Ukraine using frozen Russian assets

Treasury officials also declined to discuss the mechanisms the UK would consider.

The Independent UK

Rejoin the EU to solve UK’s economic woes and tackle small boats crisis, Kinnock tells Starmer

Lord Kinnock says he understands it would not be easy but ‘if we really want sustained economic growth, we have to be part of a body of the single market with our nearest neighbours’

The Guardian - UK

Rachel Reeves due to appear at gambling lobbyist’s event amid tax review

Chancellor’s invitation criticised as ‘strange timing’ with Treasury looking at whether to raise duties on £12bn sector

The Independent UK

Homes now ‘unaffordable’ for most people – even for some of the highest earners

Even the top 10 per cent of earners in London are priced out of affordable home ownership, latest national data shows, with the average house price in England over seven times higher than income

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The Guardian - UK

Overbaked prices? What a Greggs sausage roll and Pret meal deal say about how much Britons will pay

Food inflation pushes consumers to the limits of what they are willing to spend, costing retailers sales

The Independent UK

Why a rare bat species could cost a council £4.3m

Lincolnshire County Council claimed it must build a £4.3m bridge and tunnel to protect bats as it begins road construction

The Independent UK

Tax rises ‘inevitable’, experts warn after borrowing soars in another blow for Rachel Reeves

Labour chancellor facing increasing pressure to rescue the UK’s troubled finances

The Guardian - UK

Ministers tell Environment Agency to wave planning applications through

Exclusive: Officials say they have been told to do as little as legally possible to prevent approvals for housebuilding in England

Evening Standard

FTSE 100 Live 19 September: Tax hikes loom after latest borrowing setback, pound falls

The highest August public sector borrowing figure since the pandemic today dealt a fresh blow to Rachel Reeves.

The Guardian - UK

UK borrowing hits five-year high for August at £18bn

Worsening public finances mean Rachel Reeves will almost certainly announce tax rises in November budget

The Guardian - UK

Who sat next to whom at Trump’s Windsor banquet – and what does it tell us?

US president was next to Princess of Wales while Rupert Murdoch had the ear of Starmer’s chief of staff

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