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Sun, 5 January 2025

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Rachel Reeves MP

Rachel Reeves MP

Labour MP for Leeds West and Shadow Chancellor of the Duchy of Lancaster

The Fiscal Triangle: How The Treasury Decides What To Spend
Economy
The Fiscal Triangle: How The Treasury Decides What To Spend
JP Spencer, a former Treasury senior policy adviser, explains how the ‘fiscal triangle’ is at the core of every spending decision it makes
2024: Parliament's Year In Words
Parliament
2024: Parliament's Year In Words
After a historic year in UK politics, what can the language used in Parliament tell us about 2024's key themes, top moments, and power players?
Frustrated Labour MPs Say WASPI Decision Shows Government Is 'In A Bunker'
Economy
Frustrated Labour MPs Say WASPI Decision Shows Government Is "In A Bunker"
There is unhappiness among many Labour MPs following the Government's decision on Tuesday not to pay compensation to WASPI women.
Is It Time To Split Up The Treasury?
Economy
Is It Time To Split Up The Treasury?
The suggestion that it would be better to break up the Treasury into more manageable parts has been mooted for years. Chaminda Jayanetti looks at the idea in detail
Too Big, Too Powerful: Treasury Domination Is Bad For Government
Economy
Too Big, Too Powerful: Treasury Domination Is Bad For Government
Successive prime ministers have found themselves frustrated by the power wielded by their neighbours in Number 11. Alex Thomas from the Institute for Government argues that the problem lies in central government’s structure
The Budget Will Cost Some Nurseries £50,000 A Year, Early Years Sector Warns
Education
The Budget Will Cost Some Nurseries £50,000 A Year, Early Years Sector Warns
The early years sector has warned that the failure to fund private nurseries for Budget measures will cost the average setting an additional £50,000 a year.
Keir Starmer Says Small Businesses Will Get The 'Certainty And Stability' They 'Need'
Communities
Keir Starmer Says Small Businesses Will Get The "Certainty And Stability" They "Need"
Prime Minister Keir Starmer has sought to assure small business leaders that the Government will bring "instability" and "uncertainty" to an end.
Senior Tory Philip Hammond Says Calls To Cut Off Trade With China Are 'Unrealistic'
Defence
Senior Tory Philip Hammond Says Calls To Cut Off Trade With China Are "Unrealistic"
Former foreign secretary Lord Hammond has urged the Conservative party to be less ideological in its approach to China, saying it is "unrealistic" to call for cutting off trade with the world's second-largest economy.
Ex-Security Advisor Warns Whitehall Lacks Expertise To Deal With China
Defence
Ex-Security Advisor Warns Whitehall Lacks Expertise To Deal With China
Lord Ricketts, the UK's former national security advisor, believes there is not enough institutional knowledge in Whitehall to support Prime Minister Keir Starmer's pursuit of a more "pragmatic" relationship with China.
Labour Sticks To Its Guns On Inheritance Tax Despite Farmer Backlash
Environment
Labour Sticks To Its Guns On Inheritance Tax Despite Farmer Backlash
The Government is holding firm on changes to agricultural relief despite backlash from farmers facing inheritance tax for the first time.
Partner content
Economy
By Mobile UK
Mobile UK on fraud ahead of Reeves' Mansion House speech
Rachel Reeves Says It's 'Too Early' To Know Donald Trump's Impact On UK Economy
Economy
Rachel Reeves Says It's "Too Early" To Know Donald Trump's Impact On UK Economy
Chancellor Rachel Reeves has told MPs it is "too early" to draw conclusions on what impact president elect Donald Trump's economic policies will have on the UK economy.
Social Care At “Standstill” After Budget, Says Health Committee Chair Layla Moran
Health
By Sophie Church
Social Care At “Standstill” After Budget, Says Health Committee Chair Layla Moran
The social care system is “basically at a standstill” following the Budget, the new chair of the Health and Social Care Committee Layla Moran has said.
Tory Spending Plans Were 'Like Five-Year-Old' Writing Their 'Favourite Numbers', Says Labour MP Defending Tax Rises
Economy
Tory Spending Plans Were "Like Five-Year-Old" Writing Their "Favourite Numbers", Says Labour MP Defending Tax Rises
A Labour MP has called spending plans set out by the previous Tory government before the General Election as “complete rubbish” after criticism of Rachel Reeves for raising £40bn in tax rises.
Government's Public Spending Plans Are 'Silly Games', Warns Top Economist
Economy
Government's Public Spending Plans Are "Silly Games", Warns Top Economist
The Institute for Fiscal Studies (IFS) has said while many of the measures taken in Chancellor Rachel Reeves' first Budget are "welcome", the public spending plans for the next few years amount to "silly games".
Schools To Be Fully Reimbursed For National Insurance Rise
Education
Schools To Be Fully Reimbursed For National Insurance Rise
State schools will be fully reimbursed for the rise in National Insurance for employers announced by Rachel Reeves in the Budget, PoliticsHome understands.
Business needs to wake up to the age of insecurity
Economy
By Praful Nargund
Business needs to wake up to the age of insecurity
Rachel Reeves is right to prioritise tackling insecurity in the Budget. But for this new vision of growth to work, people must feel the difference sooner rather than the later.
Partner content
Economy
By Mineral Products Association
Autumn Budget: Capital spending boost overshadowed by tax hikes - MPA
Anti-Poverty Groups Say Failure To Increase Private Renter Benefit Is 'Disappointing'
Economy
Anti-Poverty Groups Say Failure To Increase Private Renter Benefit Is "Disappointing"
Anti-poverty groups have lamented the decision not to uprate Local Housing Allowance (LHA) in Wednesday's Budget, warning it will leave private tenants facing financial hardship.
Rachel Reeves Announces End To Income Tax Threshold Freeze In Her First Budget
Economy
Rachel Reeves Announces End To Income Tax Threshold Freeze In Her First Budget
Chancellor Rachel Reeves has announced that she will end the threshold freeze on income tax and national insurance, but raised a number of other taxes and increased spending by billions of pounds in her first Budget.
There are good economic reasons for Rachel Reeves to raise taxes
Economy
By Tim Leunig
There are good economic reasons for Rachel Reeves to raise taxes
Nobody likes paying more, but there are good economic as well as political reasons for Rachel Reeves to raise taxes in the Budget, argues Tim Leunig
The Budget Is A 'Critical Moment' For Drug And Alcohol Rehab Services
Health
The Budget Is A "Critical Moment" For Drug And Alcohol Rehab Services
The UK's largest provider of drug and alcohol treatment services has described the Budget as a "critical moment" for the sector with any reduction in funding risking an "unravelling" of rehabilitation provision.
Labour’s first budget should consider civic capitalism
Economy
By Liam Byrne MP
Labour’s first budget should consider civic capitalism
As we approach Labour’s first budget in over 14 years, it’s crucial that the party sets out an economic agenda that works in the interests of all.
Give Schools Funding Boost By Locking In Money For Disadvantaged Pupils, Says Charity
Education
Give Schools Funding Boost By Locking In Money For Disadvantaged Pupils, Says Charity
The Government should guarantee an annual rise in the money given to schools to help disadvantaged pupils, a children’s charity has said ahead of the Budget.
Keir Starmer Says Austerity Is 'No Solution' For Fixing The Economy
Economy
Keir Starmer Says Austerity Is "No Solution" For Fixing The Economy
Prime Minister Keir Starmer has said that austerity is "no solution" to sluggish economic growth and struggling public services ahead of the Budget.
New Labour MP Urges Rachel Reeves To Protect Spirits Industry In Budget
Economy
New Labour MP Urges Rachel Reeves To Protect Spirits Industry In Budget
A Labour MP has urged Chancellor Rachel Reeves to protect the spirits industry in this week's Budget, warning that the hospitality sector is already “struggling to cope” with the alcohol duty increase brought in under the previous Tory government.
West Midlands Mayor Accuses Whitehall Of Being 'Resistant' To Greater Devolution
Communities
West Midlands Mayor Accuses Whitehall Of Being "Resistant" To Greater Devolution
West Midlands Mayor Richard Parker believes civil servants in Whitehall are “resistant” to supporting government plans for more regional devolution, and hopes the Budget will allow mayors greater flexibility over their own finances and projects.
Voters Want Government Money Spent On The NHS More Than Anything Else, Poll Says
Health
Voters Want Government Money Spent On The NHS More Than Anything Else, Poll Says
Voters want Chancellor of the Exchequer Rachel Reeves to prioritise spending on the National Health Service above all government departments in the Budget next week, new polling shows.
Labour Voters Are Slightly Optimistic About The Economy, Poll Suggests
Economy
Labour Voters Are Slightly Optimistic About The Economy, Poll Suggests
There is fragile optimism among Labour voters that the economy will improve in the next year, according to new polling.
How Rachel Reeves Could Change The Fiscal Rules
Economy
How Rachel Reeves Could Change The Fiscal Rules
There is speculation Chancellor Rachel Reeves is exploring changing the fiscal rules to give the new Labour Government more space to borrow and spend money.
Changes To Pensions Could Affect Army Retention, Rachel Reeves Warned
Defence
Changes To Pensions Could Affect Army Retention, Rachel Reeves Warned
Members of the British Armed Forces have warned Chancellor Rachel Reeves that changes to pensions in the Budget would damage the military's “trust” in government and make it harder to keep hold of personnel.
Dan Neidle's tax reform scorecard bingo
Economy
By Dan Neidle
Dan Neidle's tax reform scorecard bingo
We’ve been readied for pain but, as Rachel Reeves mulls her taxation options with the infamous Treasury ‘scorecard’, Dan Neidle gives his form guide on the runners and riders
Labour Only Has A Year Of Being Able To Blame The Tories, Poll Suggests
Political parties
Labour Only Has A Year Of Being Able To Blame The Tories, Poll Suggests
The public will lose patience with Labour blaming the Conservatives for the state of the country after the party has been in power for a year, a new poll suggests.
Dozens Of Labour MPs Abstain On Winter Fuel Cut Vote
Social affairs
Dozens Of Labour MPs Abstain On Winter Fuel Cut Vote
Dozens of Labour MPs failed to vote with Prime Minister Keir Starmer in a House of Commons vote on the Government decision to cut winter fuel payments for pensioners.
Keir Starmer's iron fist makes sense now, but it could store up problems
Political parties
By Professor Philip Cowley
Keir Starmer's iron fist makes sense now, but it could store up problems
The Prime Minister's tough handling of rebels appears to have worked. But history shows Labour MPs have been an increasingly disobedient bunch — and much bigger threats to party unity could await Keir Starmer down the line.
Rachel Reeves Doubles Down On Winter Fuel Cut Despite Threat Of Labour Rebellion
Economy
Rachel Reeves Doubles Down On Winter Fuel Cut Despite Threat Of Labour Rebellion
The Government is not budging on its decision to cut the winter fuel allowance for pensioners despite unease within the Parliamentary Labour Party.