Reeves pushes back multiyear UK spending review until June

Delay from planned spring 2025 Treasury announcement will extend period of uncertainty for government departments

Business - Financial Times - 5 hours ago

Rachel Reeves loosens UK welfare spending target

Ceiling rises 20% over 5-year period to £200bn to avoid ‘having to take short-term decisions’

World - Financial Times - November 2

UK borrowing costs rise as Reeves’ spending plans unnerve investors

Ten-year gilt yield hits five-month high after chancellor’s first Budget

Business - Financial Times - October 30

UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing

Taxes rise as chancellor delivers the first Labour budget since 2010

Business - Financial Times - October 30

Rachel Reeves goes back to the future with a tax and spend budget

Chancellor heeds calls long made on the left for spending to match other European countries with rise of £70bn a year. Autumn budget live – latest updates Budget 2024: key points at a ...

World - The Guardian - October 30

Starmer insists pro-growth policies on way after OBR’s budget warnings – UK politics live

PM says budget just ‘first step’ after watchdog said measures would make no difference to growth over five years. Rachel Reeves is now being interview on ITV’s Good Morning Britain.. She is being ...

World - The Guardian - October 31

Is the UK spending enough on defence?

And what Trump 2.0 could mean for Ukraine.

The NHS and education are big winners in Reeves’ spending plan

But some Whitehall departments including the Home Office face real terms cuts to their budgets

World - Financial Times - October 30

Net migration to UK hit record high of 906,000 in year to June 2023, revised figures show

ONS says net migration is now beginning to fall but remains high by ‘historic standards’. Net migration to the UK hit a record high in 2023 of 906,000 in a period covering Boris Johnson and Rishi ...

World - The Guardian - 13 hours ago

Business and wealthy bear brunt of £40bn tax increases in UK Budget

Markets unsettled by extent of government borrowing as Rachel Reeves boosts spending

Business - Financial Times - October 30

Reeves reiterates no more tax increases on UK businesses

Chancellor defends her Budget at CBI conference, saying revenue-raising measures were necessary

Business - Financial Times - 3 days ago

Rachel Reeves defiant after historic tax and spend Budget

Verdict of markets will be critical for UK chancellor’s plans to increase government borrowing

Business - Financial Times - November 1

Union begins legal action to stop winter fuel cuts

The union argues the government did not properly assess the impact of the cuts on pensioners' health.

The Papers: 'No more tax rises, insists Reeves' and 'PM in jobs push'

The Chancellor ruling out more tax rises and the PM's pledge to "overhaul" job centres leads the papers.

UK inflation creeps back

October’s sharp acceleration cements expectation that Bank of England will delay rate cuts

World - Financial Times - November 21

Prosecutors back delaying Trump sentence until he leaves White House

New York prosecutors have vowed to oppose President-elect Donald Trump’s effort to overturn his criminal conviction, however.

Nestle to Step Up Spending in Push to Boost Sales Growth

The food giant tempered its profit expectations for next year and for sales growth over the medium term, as it steps up spending to boost its top line and win market share in the face of a tough ...

Business - The Wall Street Journal - November 19

Rising energy bills push inflation to highest for six months

Higher inflation pushes up the cost of living for households, and could mean that interest rates remain higher for longer.

Democrats push to condemn GOP-backed hurricane disinformation

Democrats are pushing a resolution condemning the swell of disinformation peddled about recent major hurricanes that hit the Eastern Seaboard, including by politicians. In the wake of hurricanes ...

Politics - The Hill - November 1

Philadelphia officials push back at Trump allegations

Philadelphia officials in both parties on Tuesday pushed back against former President Trump’s baseless claims of “cheating” in the city’s elections. The former president on Truth Social claimed ...

Politics - The Hill - November 5

Imran Khan supporters pushed back by security forces

The jailed former leader is calling on the protesters to stay in Islamabad until their demands are met.

With days until Election Day, groups make final push for Florida's abortion rights ballot measure

Abortion rights have won in all seven states with ballot measures since Roe v. Wade was overturned, but Florida's Amendment 4 requires 60% voter approval to pass.

FirstFT: Harris calls on America to ‘turn the page’ on Trump

Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after results

World - Financial Times - October 30

The UK Budget in five charts: Reeves limits BoE space for rate cuts

Central bank is nevertheless still likely to ease policy this year and next

Business - Financial Times - October 30

Reeves plans to use £350bn council pension pot to boost UK economy

Chancellor to set out reform to fragmented local authority funds in Mansion House speech

Business - Financial Times - November 8

Reeves seeks reform of UK consumer redress in financial services sector

Chancellor considers overhaul as lenders face potential multibillion-pound bill for alleged mis-selling of car finance

Business - Financial Times - November 13

Reeves to force council pensions to consolidate into 8 ‘megafunds’

Chancellor to target minimum size for multiemployer defined contribution schemes of £25bn to £50bn

Business - Financial Times - November 13

Chancellor and BoE governor call for UK to rebuild ties with EU

Reeves and Bailey highlight damage from Brexit amid concern about Trump’s plan to impose tariffs on trading partners

Business - Financial Times - November 14

Reeves seeks scale to solve UK pension investment problem

Chancellor is trying to remove some of the inefficiencies from operating smaller local authority funds

World - Financial Times - November 14

UK retailers warn Reeves of £7bn hit from Budget changes

Changes to national insurance, national living wage and an existing packaging levy set to raise costs in the sector

Business - Financial Times - November 19

Reeves insists she will not be ‘coming back with more tax increases’

UK chancellor describes last week’s £40bn tax-raising Budget as a ‘one-off reset’ and one ‘we will never need . . . again’

World - Financial Times - November 6

Latest in Reeves pushes back multiyear UK spending review until June