30-year gilt yields hit 5.57 per cent as inflation fears mount and Government’s fiscal position comes under scrutiny Government borrowing costs have soared to their highest levels in 27 years, …
Rachel Reeves
News, speeches, and political commentary on Rachel Reeves — including her role as Labour’s Shadow Chancellor, economic plans, interviews, and party conference updates.
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Economy
Rachel Reeves Explores New Property Tax on Homes Above £500,000 to Replace Stamp Duty
by Tara WhitmanChancellor considers ‘proportional’ levy as part of radical overhaul that could eventually replace council tax Chancellor Rachel Reeves is examining plans for a new property tax on homes worth more …
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Politics
Labour peer demands Royal Navy deployment to Channel as small boat crossings hit 50,000 under Starmer
by James CarterA senior Labour peer has called on Sir Keir Starmer to deploy the Royal Navy and drones in the English Channel to stop small boat crossings, declaring the current scale …
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Economy
UK Economy Grows by Stronger-Than-Expected 0.3% in Second Quarter Despite Global Headwinds
by Darren SmithBritain’s economy expanded by 0.3 per cent in the second quarter of 2025, surpassing economists’ expectations and offering a boost to Chancellor Rachel Reeves despite mounting global trade tensions. The …
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Politics
Starmer’s Government Sinks to Record Low with Just 13 Per Cent Happy as 50,000 Migrants Cross Channel and 26,000 Criminals Walk Free
by Darren SmithSir Keir Starmer’s Labour government has plunged to its lowest approval rating on record, with YouGov polling showing a net approval of minus 55 as the administration faces mounting crises …
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Politics
Rushanara Ali Resigns as Homelessness Minister After Tenant Eviction and £700 Rent Hike Scandal
by Tara WhitmanRushanara Ali has stepped down as homelessness minister today following intense pressure over reports she evicted four tenants from her east London property before relisting it with a £700 monthly …
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The Bank of England has cut its base interest rate from 4.25% to 4% in a narrow vote, delivering relief to mortgage holders and borrowers despite inflation rising to 3.6% …
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Sir Keir Starmer has dismissed economists’ stark warnings that Labour faces a £50 billion black hole in the public finances, as pressure mounts on Chancellor Rachel Reeves to break key …
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News
Yvette Cooper Unveils Fast-Track Asylum Appeals Scheme to Clear Mounting Backlog
by James CarterThe Home Secretary has revealed plans for a radical overhaul of Britain’s asylum appeal system that would compress decision-making timelines from months to just weeks, as the Government battles to …
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Labour’s flagship pledge to make Britain the fastest growing economy in the G7 is lying in tatters after the International Monetary Fund revealed the UK would trail behind Donald Trump’s …