Reeves Includes 94bn

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 - 6 days ago

Reeves 'not immune' to criticism over NI hike

The chancellor defends the rise in employer contributions telling BBC public finances had to be strengthened.

Four people from Glasgow killed in M6 crash

Five people, including two children, died in the crash on Tuesday, according to Cumbria Police.

A Weekend Class on Clock Repair. Irish Scenery Included.

Nigel Barnes, a fifth-generation horologist, acknowledges that it is a “tall order” to learn to fix a clock in two days. But some manage it, he said.

Lifestyle - The New York Times - October 18

TreeHouse frozen waffle recall expanded to include pancakes

A TreeHouse Foods recall of over 600 types of waffles has been expanded to include pancakes and Belgian waffles.

Ukrainians put on brave face after Trump’s victory

Volodymyr Zelenskyy praises Republican’s ‘decisive leadership’ amid angst in Kyiv over how new US president will ‘end war’

World - Financial Times - 2 days ago

Reeves cuts National Wealth Fund budget despite UK investment drive

Chancellor’s decision comes as government seeks to work with private sector to decarbonise economy

Business - Financial Times - October 14

Rachel Reeves gives closing speech at UK investment summit – business live

Chancellor says £60bn of investment has been announced at summit, showing confidence in UK economy. Keir Starmer will promise to slash red tape as he hosts investment summit Who will attend ...

World - The Guardian - October 14

Wealthy non-doms lobby UK for Italian-style tax regime

Push for Budget reforms to allow foreign residents to pay tiered charges amid fears of exodus of rich

Business - Financial Times - October 15

FirstFT: Musk backs Trump election bid with $75mn donation

Also in today’s newsletter, luxury shares fall after poor LVMH results and Boeing raises new capital

World - Financial Times - October 16

Reeves Faces Cabinet Unease Over £40 Billion Hunt for Budget

World - Yahoo News - October 16

The Budget Game: Can you do better than Rachel Reeves?

Step into the chancellor’s shoes and devise your fiscal plan

Business - Financial Times - October 15

Starmer and Reeves face down cabinet revolt over spending cuts

Ministers complain about Treasury approach as prime minister and chancellor finalise October 30 Budget

Business - Financial Times - October 16

Reeves expected to focus rise in capital gains tax on share sales

Chancellor likely to increase CGT in October 30 Budget as part of efforts to close £40bn funding gap

Business - Financial Times - October 16

How can Rachel Reeves fill the UK’s £40bn Budget gap?

Chancellor’s options hemmed in by Labour election promises and NHS spending

Business - Financial Times - October 18

The Papers: Reeves' plan for 'freeze on tax thresholds' and 'Cheryl's heartache' over Liam

Rachel Reeves could freeze the income tax threshold from 2028, according to several papers, while others splash on the aftermath of Liam Payne's death.