Rachel Reeves

Griffith: Inflation figures show Reeves must change course

The shadow business secretary has called on Chancellor Rachel Reeves to "change course quickly", after new ONS figures show inflation increased to 2.6% in November. Andrew Griffith adds all the major..

Reeves: Inflation remains in line with international peers

Rachel Reeves says the UK's latest inflation figures are "broadly in line with our international peers", despite rising to its highest level since March. The chancellor adds, "I recognise the cost of..

Reeves: I understand why Waspi campaigners are disappointed

Rachel Reeves says she can understand why women affected by changes to the state pension age will feel "disappointed", but adds that paying an "expensive compensation bill" was not the best use of..

Reeves 'disappointed' by UK economy unexpectedly shrinking

The UK economy unexpectedly contracted in October, marking two months in a row of negative growth for the first time since the pandemic, new figures show. Chancellor Rachel Reeves said she was..

Atkins slams Labour and seeks support to axe family farm tax

Shadow Environment Secretary Victoria Atkins criticises Labour's time in office so far as she calls for the party's MPs to join her in a vote to axe the family fam tax proposed as part of Rachel..

Chancellor vows support for car industry in EV shift

The Chancellor has pledged “proper support” for the car industry as the Government phases out new petrol and diesel vehicle sales by 2030. Rachel Reeves confirmed a consultation is underway to..

Rachel Reeves to decide stance on assisted dying bill

Rachel Reeves said she would study proposals for assisted dying in the coming days, and believed there was enough time for scrutiny of the legislation. She said: “Like all MPs, I need to study the..

Ed Davey visits shops in call to stop bus fare cap hike

Liberal Democrats leader, Sir Ed Davey visited high-street businesses calling for a Government U-turn on the rise of the bus fare cap. The £2 cap on single fares that applies on most routes outside..

Rachel Reeves visits fusion power company

Chancellor of the Exchequer Rachel Reeves speaks to engineers and scientists during a visit to Tokamak Energy in Abingdon. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and..

Reeves insists growth is priority despite economic slowdown

Responding to the slowdown in economic growth during the quarter to September, Chancellor Rachel Reeves emphasised that achieving growth is the "number one mission of this Government". However, she..

Stride: GDP figures are 'very weak and worrying'

Mel Stride blamed GDP figures showing growth slowed between July and September on the Labour government “talking down of the economy”. UK economic growth slowed between July and September relative..

Chancellor 'not satisfied' with economic growth slowdown

Responding to economic growth slowing in the quarter to September, Chancellor Rachel Reeves said she is "not satisfied" with the figures. Reeves said: "Improving economic growth is at the heart of..

Rachel Reeves: Pension ‘megafunds’ will boost growth

Rachel Reeves has told City chiefs she plans to create pension “megafunds” that will “power growth” in the economy and reward British savers. In her first Mansion House speech as Chancellor,..

Rachel Reeves visits Quell Therapeutics

Chancellor of the Exchequer Rachel Reeves visits Quell Therapeutics in London where she sees how critical it is that funding goes into life sciences companies through unlocking pensions..

Chancellor welcomes 0.25% cut in interest rates

Chancellor Rachel Reeves says the 0.25% cut in interest rates will be "welcome news for millions of home owners and businesses”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn..

Chancellor wants to go ‘further and faster’ with growth

Chancellor Rachel Reeves says she wants to go “further and faster and ensure that economic growth is felt by working people” following modest predictions by the OBR after Wednesday's budget. Report..

Chancellor hails US investment in Cambridge campus

Rachel Reeves describes a £500 million private investment by a US firm Prologis into Cambridge Biomedical Campus as a "real show of confidence in what this Government are doing to grow the economy"...

Rachel Reeves: Budget delivers desperately needed stability

The chancellor has defended her Autumn Budget, calling it a "robust fiscal framework" that delivers "stability", despite an adverse market reaction that included a jump in the cost of government..

Davey: Govt should withdraw farming inheritance tax measure

Ed Davey has called on the government to "withdraw" its new inheritance tax measure for farmers. The Liberal Democrat leader says farmers are "worried" after Chancellor Rachel Reeves closed a loophole..

Tories blame Reeves' tax hike for adverse market reaction

Gareth Davies says people will be asking "what is this Budget for if it's not for growth?", after Rachel Reeves raised taxes by £40bn. The shadow exchequer to the Treasury adds the chancellor's tax..

Govt: Rachel Reeves chose investment over decline

The chief secretary to the Treasury says Rachel Reeves "chose investment over further decline", despite a hostile market response to the chancellor's Budget. Darren Jones adds Conservative ministers..

Reeves: Most farmers won't pay more in inheritance tax

Rachel Reeves says she is raising money in a "fair and balanced way", after receiving backlash from farmers over a new inheritance tax charge announced in her Autumn Budget. The chancellor closed a..

Farmers hit back over Chancellor's inheritance tax charge

The chancellor appears to have a fight on her hands with Britain's family farmers. In her Budget, Rachel Reeves closed a loophole to stop rich people investing in land to reduce their inheritance tax..