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The Latest Breaking News from Exchequer

Who is James Murray? The new Health Secretary replacing Wes Streeting

James Murray has been appointed as the new Health Secretary following Wes Streeting's resignation. Mr Murray had held the role as the Chief Secretary to the Treasury, and was previously the Exchequer Secretary to the Treasury. He is also the MP for Ealing North, a post he has held sine…

The Independent UK

Rachel Reeves is set to unveil her Budget. Here’s what to expect

The chancellor is expected to announce a raft of tax hikes as part of her 2025 autumn Budget

The Independent UK

Treasury ministers stand by farm tax plan

Exchequer Secretary Dan Tomlinson said the Government made ‘the right decision’ at last year’s budget to end a tax relief for farmers.

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

High street crisis deepens with 400 of Britain’s largest shops at risk of closure

Industry leaders have responded to the government’s proposed higher business rates tax band

The Independent UK

400 of Britain’s largest shops at risk, industry leaders warn

The BRC said 400 large stores were at risk of closure if they were included in the Government’s new business rates surtax on premises.

Evening Standard

How to stop the listings exodus that's blighting the City

Rachel Reeves has called for an end to the negativity that has seen millions of British families prioritise low-risk, low-return savings over higher-risk, higher-return investments.

Evening Standard

Restoring VAT free shopping will deliver £3.7 billion boost say business leaders

Abolishing the tourist tax will draw in millions of visitors from across the EU argue the Association of International Retail

Evening Standard

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‘Not true’ that Labour wants Diane Abbott out, minister says

Exchequer secretary to the Treasury James Murray said it was ‘absolutely not the case’ that Number 10 had wanted Ms Abbott to out of the party.

Evening Standard

Almost £100 million spent on British Steel nationalisation so far, minister says

Jonathan Reynolds said the £94 million spent on the Scunthorpe site is ‘considerably less’ than allowing its collapse.

Evening Standard

UK politics: No 10 ‘confident’ on securing supplies to keep Scunthorpe furnaces burning – as it happened

PM’s spokesperson says ships carrying materials needed by the steel plant have docked in Lincolnshire

The Guardian - UK

The last time this led to Great Depression, Irish money minister warns

An Irish Cabinet minister has compared US President Donald Trump’s tariff regime to the circumstances which precipitated the Great Depression.

Evening Standard

Britain must not drive away the global rich

THE INDEPENDENT VIEW: Editorial: Keen to be non-ideological in its pursuit of economic growth, the government has wisely adjusted its proposed changes to the taxation of non-doms

The Independent UK

Independent review into Loan Charge launches

The review aims to bring an end to the matter for those affected and is expected to conclude in summer 2025.

Evening Standard

Kemi Badenoch heckled after suggesting Rachel Reeves got job 'because she's female'

KEMI Badenoch was met with outraged shouts after suggesting that Rachel Reeves got the job as Chancellor of the Exchequer because she is a woman ...

The National (Scotland)

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Evening Standard

The three quick wins that could help revive the City's flagging public markets

Urgent action is needed to unlock liquidity and create deeper UK capital markets without placing additional strain on the Exchequer.

The Independent UK

When is the Budget and what is the ‘stealth’ tax rise Labour are set to keep?

Millions could pay more income tax if ‘stealth’ policy is continued

The National (Scotland)

Winter Fuel Payment cuts will 'not be the last', Labour Treasury Secretary says

THE cuts to the Winter Fuel Payment will “not be the last” announced by the Labour government, the Exchequer Secretary to the Treasury has…

Evening Standard

Former chancellor Alistair Darling dies aged 70

Mr Darling was Chancellor of the Exchequer during the 2008 financial crisis

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Evening Standard

Alistair Darling: Former Labour chancellor dies at the age of 70

Mr Darling was Chancellor of the Exchequer during the 2008 financial crisis

The Independent UK

Tax cuts give voters ‘clear choice’ at election – Hunt

The Chancellor defended his tax cuts after economists warned they would pile pressure on strained public services.

Evening Standard

Jeremy Hunt: Here's my economic dividing line for the General Election

Shadow Chancellor Rachel Reeves says: 'That election, and the change that we need to see in Britain, can’t come soon enough'

The Independent UK

Hunt hints at more tax cuts before next election after ‘making a start’

The Chancellor faces further analysis from the Office for Budget Responsibility on the autumn statement.

The Independent UK

Hunt claims UK has ‘turned a corner’ as he slashes national insurance

With an eye on next year’s election, Chancellor Jeremy Hunt began easing the tax burden but it will still hit a record high.

Evening Standard

Lord Howard says Suella Braverman 'will be forgotten' after her attack on PM

Even Brexiteer allies question former Home Secretary's judgment after scathing letter

Evening Standard

OPINION - Rishi Sunak’s climate cowardice has given Keir Starmer a golden chance

When he was Chancellor of the Exchequer, Rishi Sunak hung a portrait of his predecessor Nigel Lawson behind his desk. This signalled how deeply he identified with the great tax-cutter, champion of privatisation and believer in popular capitalism. But it is also worth recalling that Lawson, who died in April,…

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