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The Latest Breaking News from Rachel Reeves

Huge London transport project gets green light as Rachel Reeves backs £1.7bn DLR extension to Thamesmead

London mayor Sir Sadiq Khan hails the announcement - which paves the way for a ‘new town’ in Thamesmead - as a massive vote of confidence in London

Evening Standard

Reeves set to back £1.7bn Docklands Light Railway extension in Budget

Evening Standard

Reeves urged to use Budget to restore business confidence

The Scottish Chambers of Commerce has published a letter to Rachel Reeves ahead of the Autumn Budget.

Evening Standard

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Is the UK headed for a new prime minister?

These are troubled times for British Labour Prime Minister Keir Starmer. In July 2024, Starmer’s government swept to power on the back on a landslide win.

The Conversation

A guttural groan in an energy-free zone: sullen resignation haunts PMQs

Usually raucous backbenchers snoozed through the session as Keir and Kemi’s exchanges descended into a slanging match

The Guardian - UK

Businesses must be prepared for the rates shake-up coming their way

London and the South east will bear the brunt of any increases.

Evening Standard

Starmer refuses to rule out freeze on income tax thresholds in Budget

Labour prime minister under pressure from Conservative leader Kemi Badenoch

The Independent UK

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Plans to convert former south London police station into flats set for green light

Catford Police station closed in 2017 and is now set to be turned into over 60 flats

Evening Standard

Keir Starmer refuses to rule out income tax thresholds freeze at Budget

The Prime Minister dodged questions about the Chancellor’s plans at PMQs

Evening Standard

Starmer refuses to rule out freeze on income tax thresholds ahead of Budget

The Prime Minister declined to answer numerous questions from Kemi Badenoch on the issue.

Evening Standard

Budget 2025: Which tax rises could hit you as Chancellor Rachel Reeves targets millions with new levies?

London and the South East are set to be most impact by a wave of tax changes to plug a shortfall of around £20 billion

Evening Standard

Watch live: Starmer faces final pre-Budget PMQs after inflation falls

Sir Keir Starmer is set to face his final Prime Minister’s Questions (PMQs) opposite Kemi Badenoch ahead of Labour’s highly anticipated Budget next week.

The Independent UK

Why interest rates are likely to be cut after the Budget

The Bank of England opted to keep rates at 4 per cent in early November but next month will be a different proposition

The Independent UK

Mapped: Where mansion tax could hit as Reeves looks at raising council tax rates

Around 310,000 high-value homeowners could be hit by proposals to tweak council tax bands

The Independent UK

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The Independent UK

UK inflation drops to 4-month low, paving way for December rate cut

Inflation in the U.K. fell to a four-month low in October, raising expectations of another Bank of England interest rate cut next month

The Independent UK

October inflation fall raises hopes of pre-Christmas interest rate cut

Economists think the latest inflation reading will encourage the Bank of England to reduce borrowing costs at its next decision in December.

The Independent UK

Starmer refuses to rule out freezing income tax thresholds in Budget - live updates

Starmer facing questions in Commons ahead of crunch Budget next week

Evening Standard

'Mansion tax' on way, say Labour MPs after talk with Reeves on Budget set to hit London hard

The Chancellor reportedly told Labour MPs to highlight how the wealthy would be impacted by her Budget

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The Guardian - UK

Fall in UK inflation looks like turning point that heralds interest rate cut

Rachel Reeves hints there will be budget measures to push down prices and Bank of England is likely to act

The Independent UK

UK inflation drops to four-month low in pre-Budget boost for Rachel Reeves

Household services contributed the biggest decline towards overall falling inflation

The Guardian - UK

UK inflation eases for first time in five months to 3.6% before crunch budget

Drop in October’s annual rate raises hopes of interest rate cut after Rachel Reeves’s tax and spending statement

The Guardian - UK

UK inflation dips to 3.6% despite accelerating food price growth – as it happened

Chancellor Rachel Reeves will be keeping a close eye on inflation data ahead of her autumn budget, due next Wednesday.

Evening Standard

London tourist tax: West End chiefs back fixed rate as 5% would put £11.50 a night on average hotel stay

Chancellor Rachel Reeves is set to give Sir Sadiq Khan and other mayors the power to impose a tourism levy

The Guardian - UK

‘I thought the grownups were back in charge!’: John Crace on how Labour shattered his expectations

After 14 years of Tory rule, the Guardian’s parliamentary sketch writer thought he had seen it all. Westminster would surely tick along nicely once Keir Starmer’s party took over. How wrong he was ...

Evening Standard

Chancellor faces calls for wealth tax a week before second Budget

The Chancellor is widely expected to raise taxes on November 26 but is reported to have ruled out a manifesto-busting income tax hike.

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