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The Latest Breaking News from Rachel Reeves

Beijing threatens countermeasures against countries that ‘appease’ Washington in trade war

Statement from commerce ministry criticises ‘selfish’ countries that make any trade deals with the US that harm China

The Guardian - AU

The Guardian view on City deregulation: a recipe for recklessness

Editorial: The Treasury seems to think relaxing financial rules will boost growth. There’s little evidence for this idea – and every reason to believe it could exacerbate risks

The Guardian - UK

Rebel Labour MPs double down on opposition to Starmer’s welfare cuts: ‘The whole policy is wrong’

Labour rebels are hardening their stance against the welfare cuts, with ministers planning a compromise to ease opposition

The Independent UK

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Labour must focus on risk to global financial stability posed by Trump policies, not only trade

As Rachel Reeves heads to US for IMF meetings, stance appears unaltered despite chaos unleashed by White House

The Guardian - UK

The Observer view on poverty: promises won’t get children off the breadline

It’s not good enough for Labour to say that there’s no money to tackle the problem – raising taxes risks losing a few votes but for the greater good

The Guardian - UK

Rachel Reeves goes to Washington – and will need nerves of steel

Editorial: The chancellor can only make the case for free trade and hope for the best

The Independent UK

“Proof Politics Is Broken” Rachel Reeves and David Lammy Spark Outrage Over Embarrassing Performances

What on earth is going on with British politics? From arrests and incompetence to complete public disillusionment.

The Fashion Central

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Cutting business ties with China would be ‘foolish’, Reeves says amid reports of US pressure

Chancellor supports economic ties with Beijing as she prepares to fly to US next week for trade deal talks

The Guardian - UK

London's decade-long millionaire exodus may be as damaging as losing 1.5 million taxpayers, analysis suggests

Exclusive: Tax rises, Brexit and a weakening pound to blame for 30,000 millionaires fleeing the capital in ten years — an average of eight a day

Evening Standard

Reeves: Cutting ties with China would be ‘foolish’

The Chancellor is due to hold talks with the US next week amid efforts to strike a trade deal.

Evening Standard

Starmer urges free trade in first call with Trump after UK hit by sweeping US tariffs

It comes as Rachel Reeves is due to hold talks with the White House next week amid efforts to strike a trade deal

The Independent UK

Keir Starmer and Donald Trump discuss ‘ongoing and productive’ trade talks

Keir Starmer has spoken to Donald Trump in his first call with the US President since he unveiled 10 tariffs on all goods imported to America from…

The National (Scotland)

Reeves to make case for trade deal in first meeting with US treasury secretary

Chancellor will push for deal that protects British car, steel and pharmaceutical industries amid tariff uncertainty

The Guardian - UK

As Labour frustration grows, could OBR forecasts be cut to once a year?

Figures in No 10 feel the Office for Budget Responsibility’s twice-yearly reports undermine Rachel Reeves’ plan to scrap the spring statement

The Guardian - UK

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The Independent UK

Trump warns ‘substantial’ tariffs will remain on imports as Reeves prepares for US talks

US president doubles down on trade policy as chancellor aims to secure trade deal for UK in Washington

Evening Standard

Reeves to hold talks with US as Trump says ‘no rush’ to strike deals

Britain is hoping a deal can help stave off the full brunt of the US president’s sweeping 10% tariffs on all goods imported to America.

Evening Standard

Government risked ‘throwing good money after bad’ in steel talks – Reeves

‘Government are going to play a big role’ in the future of steelmaking in Scunthorpe, Chancellor Rachel Reeves said.

Evening Standard

Reeves to have ‘conversations’ with US next week as work for deal continues

The UK is hoping a deal can help stave off the full brunt of US President Donald Trump’s sweeping 10% tariffs on all goods imported to the US.

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The Guardian - UK

Reeves says inflation fall shows ‘plan for change is working’ – as it happened

Chancellor says wages are growing faster than prices but acknowledges many are still struggling with the cost of living

Evening Standard

Inflation falls to just 2.6% as cost of filling up the car drops on lower oil price

The main reasons for the fall included lower fuel prices and softer hotel rates

The Guardian - UK

Little sign that tax rise for employers will mean mass job losses, data shows

No dramatic shakeout so far, but jobs data may yet look like a snapshot of the calm before the storm of Trump’s tariffs

Evening Standard

What Labour and Mayor Sadiq Khan are doing to revive London's nightlife

Ministers want to remove ‘red tape’ they believe is hampering the night-time economy — and say they ‘back the British night out’

The Guardian - UK

Number of payrolled workers in UK fell by 78,000 ahead of budget tax rise

Wages rise 5.9% in three months to February, while unemployment unchanged at 4.4%

The Guardian - UK

UK business confidence falls to lowest level in over two years, survey shows

Accountants’ institute says first quarter of 2025 was ‘harrowing’ for companies amid tax rises and US tariffs

The Independent UK

Race against time to secure future of British Steel as No 10 accuses Chinese owners of not acting in good faith

It comes as senior politicians across the political divide call on Keir Starmer’s government to block China investing in critical UK infrastructure

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