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The Latest Breaking News from Rachel Reeves

Reeves could tax pensions and wealth if economy worsens, says IFS

Chancellor may have to reconsider pledge not to raise taxes in light of ‘risky and changing world’, thinktank says

The Guardian - UK

The one where everyone piles in on Rachel. Someone get her an espresso

It was a morning from hell for the chancellor. After the spring statement and Trump’s overnight tariffs, time for a kicking

The Guardian - UK

Labour won't rule out tax break for Trump-friendly tech giants amid tariff update

A minister has refused to rule out giving tech giants a tax break in a bid to exempt Britain from US tariffs – after Donald Trump announced new…

The National (Scotland)

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How to fix a housing crisis: building alone won't help affordability or end homelessness in London

It’s true that too few homes are being built in London but without making it easier to buy too, developers will never build at scale

Evening Standard

All the Labour MPs who have said they are opposing Rachel Reeves's welfare cuts

Government faces challenge from its own benches amid controversy surrounding benefits cuts

Evening Standard

Wealthy and pensioners at risk of new tax raid in autumn Budget, experts warn

Chancellor has stopped short of ruling out further tax rises or spending cuts at the Budget as new poll reveals public losing confidence in Labour following spring statement

The Independent UK

Welfare cuts will be managed in ‘compassionate way’, says minister

Sir Stephen Timms was seeking to reassure MPs who continue to express concerns over the impact of the welfare cuts on tens of thousands of people.

The Independent UK

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Rachel Reeves left ‘squirming like a worm’ after grilling by GMB’s Richard Madeley

Chancellor was quizzed on controversial decision to cut benefits

The Independent UK

UK government defends welfare cuts as economists warn 250,000 could fall into poverty

Chancellor Rachel Reeves, whose Labour Party has promised an end to austerity, unveiled billions of pounds of new cuts on Wednesday.

Euronews

Who is Ashley Surcombe, the British influencer in critical condition in South Korea?

Former gaming YouTuber found unconscious in Seoul as her family seeks urgent funds for medical care

The Independent UK

Voices: Independent readers react to Rachel Reeves’ spring statement – from ‘out of touch’ to ‘genuine poverty’

THE INDEPENDENT DEBATE: The chancellor’s spring statement sparked fierce criticism from readers, who accused her of reviving austerity by targeting the poor while failing to prioritise improving living standards, tax reform, and sustainable economic growth

The Independent UK

US car tariffs puts focus on treatment of Tesla

The electric car maker’s largest shareholder, Elon Musk, is a senior adviser to President Donald Trump.

Evening Standard

Tesla’s UK subsidies under scrutiny after Trump announces car tariffs

Tesla has benefited from £188m in UK taxpayer subsidies in nine years

The Independent UK

Rachel Reeves says she won’t take free concert tickets in future after Sabrina Carpenter row

Labour chancellor said ‘I do recognise how it looks to people’ as she slashes £5bn from welfare payments

The Independent UK

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The National (Scotland)

Rachel Reeves U-turns over 'clumsy' benefits and pocket money comparison

Rachel Reeves has disowned her deputy’s “clumsy” comments comparing benefits to children’s pocket money – just hours after backing them ...

Evening Standard

Darren Jones ‘clumsy’ to compare benefits to pocket money, says Chancellor

Rachel Reeves’s deputy sparked outrage on Wednesday for making the comparison as he defended the Government’s cuts to welfare.

Evening Standard

New record high number of children in poverty in UK

The latest figure is the highest since comparable records began in 2002/03.

The Guardian - UK

Carmaker shares fall after Trump 25% tariff move as Reeves warns against trade war

Chancellor says UK not planning retaliatory tariffs on US ‘at the moment’ while PM calls move ‘very concerning’

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Evening Standard

Rachel Reeves 'certain' benefits cuts won't push people into hardship amid growing Labour unrest

The Chancellor was also forced to defend Treasury minister Darren Jones who compared the benefits cuts to taking pocket money away from his children

The Independent UK

Three in 10 children living in poverty, ‘shameful’ record figures show

At least 200,000 more children were living in poverty in the UK in 2024 compared to 2023, latest figures show

Evening Standard

Scottish Government will ‘look at every lever’ to avoid benefit cuts – Robison

It came after the Chancellor outlined cuts of almost £5 billion in her spring statement on Wednesday.

The Independent UK

Reeves on a double knife edge as she could be forced to order ‘blockbuster’ tax rises, say experts

Critics said her future as chancellor is under threat as a result of errors she has made since taking charge of the economy last year

The Independent UK

US gives initial approval for Qatar to purchase MQ-9 armed drones for nearly $2 billion

The United States has given an initial approval for the energy-rich Mideast nation of Qatar to buy eight armed MQ-9B Predator drones for its military, an estimated purchase worth nearly $2 billion

The Guardian - UK

Rachel Reeves says she will not accept free concert tickets in future after criticism

Chancellor, who took family member to see Sabrina Carpenter, says she understands public feelings about politicians’ freebies

The Independent UK

Minister urges ‘cool heads’ as Rachel Reeves begs Trump not to slap tariffs on the UK

Industry figures show the US is the second largest export market after the EU for cars built in the UK

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