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The Latest Breaking News from Rachel Reeves

GP practices could be forced to close because of tax hike, Streeting warned

The combination of increases in national insurance contributions and higher wage bills could force or cuts or even closures, the BMA said.

Evening Standard

Trump's tariffs explained: How they could cost the UK

Britain could face as much as a £22bn hit to exports if the president-elect’s plans go ahead

Evening Standard

The booming Thames estuary creative corridor can deliver the growth the country needs

The screen and fashion production industries in east London, north Kent and south Essex have the potential to support £1.7 billion in economic value

Evening Standard

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Signs of cooling UK jobs market could be a headache for Reeves

Labour market is in pretty good shape, but all eyes will be on impact of tax rises on employers

The Guardian - UK

‘Unlikely’ that NHS will meet 18-week waiting time target, say trust leaders

They also warned there is a ‘fundamental mismatch’ between demand for services and what the NHS is able to do.

The Independent UK

Landowners warn of huge tax on profits due to farm inheritance changes

The Country Land and Business Association claims farmers will have to pay more than their profits are worth in tax, and may need to sell their land.

Evening Standard

Minister ‘left with egg on his face’ for underestimating family farm tax impact, claim campaigners

An automated protest email for people to send to MPs has proven so popular with angry farmers over the family farm tax that the system was temporarily overwhelmed at the weekend

The Independent UK

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UK disability charities say NICs rise will cause ‘life-changing’ cuts

Groups providing vital services say impact of tax and minimum wage rises will lead to cutbacks

The Guardian - UK

End of Treasury’s stake in NatWest is nigh, and no flashy sell-off required

State’s holding in former Royal Bank of Scotland down to 11.4%, without need for Jeremy Hunt’s planned £3bn sale

The Guardian - UK

Rachel Reeves accused of business ‘betrayal’ as top bank warns tax hikes will hit living standards

It comes as business leaders accuse the Labour government of having ‘betrayed the nation’ following the national insurance hike for employers

The Independent UK

Rachel Reeves warned that the Budget is a 'death sentence' for many bars, pubs and clubs

The NTIA found that around three quarters of venues expect additional annual costs of at least £30,000

Evening Standard

UK Government's Budget 'destroys' remaining EU funding for farmers, say SNP

RACHEL Reeves’ decision to overhaul agricultural funding in the UK Budget for the devolved nations is “destroying” what little post-EU…

The National (Scotland)

Trump’s tariff plan ‘doomsday scenario’ for UK economy, senior Labour figure warns

Liam Byrne, Labour chair of Commons business committee, says plans by next US President would hurt growth

The Independent UK

UK politics latest: Sue Gray ‘rejects’ new role as Starmer makes huge emissions pledge at Cop29

The former chief of staff had been offered the role as envoy to the nations and regions

The Independent UK

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The Guardian - UK

UK public sector pay awards to overtake private sector for first time in four years

CIPD report says businesses face higher costs after tax rises in budget as public sector benefits from above-inflation pay rises

Evening Standard

Farmers threaten to block 'ports and disrupt food supply' in protest against inheritance tax raid

Farmers have threatened to blockade ports and disrupt food supply in protest against Chancellor Rachel Reeves’ Budget inheritance tax changes.

The Independent UK

Trump to target EU over UK in trade war as he wants to see ‘successful Brexit’, former staffer claims

Peggy Grande told The Independent that Donald Trump is likely to give a ‘preferential trade deal to the UK’

The Independent UK

Labour’s bid to end homelessness hit by Budget tax blow, Rachel Reeves warned

Exclusive: National insurance rise an immediate ‘threat’ to services that help the most vulnerable, Labour chancellor told as 100 organisations, including Crisis, sign letter in protest

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The Guardian - UK

UK diners already fear the bill, but the budget just raised it again, warn restaurateurs

UK Hospitality says members would have to hike prices 8% to cover the extra cost of hiring staff under new employer NIC rates

The Guardian - UK

NICs rise will force businesses to close, warn hospitality bosses

More than 200 leading restaurant, pub and hotel companies say tax rises will cause ‘unprecedented damage’

Evening Standard

Jeremy Clarkson claims government has 'sinister plan' to 'ethnically cleanse' British farmland

The 64-year-old criticised the inheritance tax extension proposed by Chancellor Rachel Reeves

Evening Standard

Reeves to make pensions pitch in first Mansion House speech

Her speech will come against a backdrop of criticism from the hospitality sector about changes to national insurance contributions.

The Guardian - UK

Are you worried about inflation? Then fear Trump, not Rachel Reeves

The chancellor’s budget may have a small effect on UK interest rates. But US tax cuts and tariffs could have international repercussions

The Independent UK

What the papers say – November 10

Politics and the royal family feature heavily on the front pages of Sunday’s newspapers.

The Independent UK

Tesco faces £1bn national insurance hike amid price rise fears

Industry bosses have warned of soaring costs and job losses in the wake of Labour’s maiden budget

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