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The Latest Breaking News from Rachel Reeves

How Trump’s Iran war could derail the economy – and the Labour government

POLITICS EXPLAINED: If the bombing of energy infrastructure continues, Rachel Reeves could be left with another crisis just as the public finances were about to turn a corner, as Sean O’Grady explains

The Independent UK

Sadiq Khan calls on Labour to reverse Brexit and rejoin EU at next election

The intervention comes after Starmer’s chief negotiator on the EU reset said that the UK will never rejoin the block

The Independent UK

Sadiq Khan urges Labour to campaign on rejoining EU at next election

Mayor of London says returning to EU now more desirable because of economic instability caused by Donald Trump

The Guardian - UK

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The Guardian view on Rachel Reeves and the EU: the right ambition is held back by outdated red lines

Editorial: The chancellor makes a compelling case for alignment with the EU, but her strategic analysis isn’t matched with political urgency in Downing Street

The Guardian - UK

Reeves’s speech had a giant hole: the sky-high cost of energy for industry

Businesses say the chancellor’s response to the problem is too timid and more radical thinking is needed

The Guardian - UK

Britain should rejoin EU, says Sadiq Khan sparking new 'Brexit wars' row

The capital’s economy is £30 billion smaller than if the UK had stayed in the EU, says the London Mayor

Evening Standard

'How Is That Fair?': 18 Year-Old Teen Rejected for Estate Agent Role Because Her Car Was Too Old

An 18-year-old in the UK was denied a job as a trainee estate agent due to her car's age, sparking concerns about hiring practices and discrimination

International Business Times UK

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Reeves courts Spanish investors amid bid to boost ties with EU

The Treasury announced a £240 million investment from Spanish liquid storage company Exolum to coincide with the visit to Madrid on Wednesday.

Evening Standard

Tories to force vote on fuel duty freeze and reforming ‘broken’ student loans

The Tories will use an opposition day debate to call for reform to the student loan system

The Independent UK

Energy bills: UK government urged to launch ‘social tariff’ to help vulnerable households

As Iran war drives up cost concerns, thinktank says £3.7bn discount system should be developed before next winter

The Guardian - UK

Brexit was bad for Britain – Labour must now declare our future is back in Europe

THE INDEPENDENT VIEW: Editorial: Chancellor Rachel Reeves is to be congratulated on her analysis of the parlous state of the economy – but she must go further and faster in aligning the UK with the EU

The Independent UK

Reeves tells AI entrepreneurs to ‘come to the UK’ as she unveils new institute

The Chancellor said she hopes investment in AI will help to ensure greater resilience against global shocks.

Evening Standard

Stocks and pound rise as US rate call approaches

The FTSE 100 index closed up 85.91 points, 0.8% at 10,403.60 and the FTSE 250 was up 158.43 points, 0.7%, at 22,180.90.

Evening Standard

Diesel on ‘crash course’ to 170p a litre while petrol up 10p on pre-Iran war

The RAC said prices at the pump were ‘really starting to hurt drivers’ as they continue to rise amid the conflict in the Middle East.

Evening Standard

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The Independent UK

Rachel Reeves unveils plan to transform UK’s towns and cities – how it will work

IN FULL

The Independent UK

Vatican appeals court declares mistrial in the 'trial of the century' against a cardinal

The Vatican appeals tribunal has declared a mistrial in the Holy See’s big “trial of the century.”

Evening Standard

Rachel Reeves sets out plan for UK to align with more rules set in Brussels

The Chancellor said closer alignment would provide certainty to businesses and could help bring down inflation.

The Guardian - UK

Reeves plans to give England’s regional leaders a share of national tax revenues

Chancellor seeks ‘genuine break with the past’ in tackling centralised and ‘geographically unequal’ country

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The Independent UK

Local leaders to be given powers to choose how some income tax is spent, Reeves announces

Treasury officials asked to draw up a roadmap for measures to be published at the Budget

Evening Standard

Rachel Reeves sets out plans to hand mayors a share of tax revenue

The Chancellor hopes the plan will help drive economic growth in regions across the country.

Evening Standard

UK in ‘better place’ to handle Iran war thanks to Chancellor, PM tells ministers

Tuesday’s Cabinet meeting took place in the middle of the war’s third week, with oil prices remaining above 100 US dollars (£75) per barrel.

Evening Standard

Minister plays down job losses as Chancellor prepares to commit to AI drive

Rachel Reeves is expected to pledge the UK to ‘the fastest AI adoption in the G7’ in an annual lecture in the City of London on Tuesday.

The Guardian - UK

Rachel Reeves reveals push for fiscal devolution to English regions, says Brexit caused damage, and admits student loan system is ‘broken’ – as it happened

Chancellor says Brexit may have cost 8% of UK GDP in wide-ranging Mais lecture at Bayes Business School in London which also called for AI push

The Independent UK

Reeves to push for ‘deeper relationship with the EU’ as she makes major AI pledge

Chancellor to push for stronger EU ties in bid to grow Britain’s economy

Evening Standard

Reeves to pledge ‘fastest AI adoption in G7’ and deeper ties with EU

The Chancellor will set out her ‘three big choices’ for growth as she delivers the annual Mais lecture in the City of London.

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