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Rachel Reeves

  • Businesses should dictate on burka ban, Badenoch says

    June 8, 2025

    Conservative leader Kemi Badenoch has said employers should be able to decide if their staff can wear burkas in the workplace. Badenoch also said people who come to her constituency surgeries must remove their face coverings “whether it’s a burka or a balaclava”. Badenoch posted a video on X of part of her interview with [...]

  • Cut net zero and welfare spending instead of police budget, Tory MP blasts

    June 8, 2025

    The shadow home secretary has slammed the Labour government amid mounting speculation police budgets are on the chopping block in Chancellor Rachel Reeves’ spending review. Chris Philp told the BBC’s Sunday with Laura Kuenssberg he believes police funding should be protected from cuts following concerns of a shrinking workforce. “I think I’m very concerned that [...]

  • Tesco shareholders eye returns as ‘awful April’ bill hikes set to hit profit

    June 8, 2025

    Tesco shareholders will be watching closely for signs that it is managing to fend off competition as the supermarket price war heats up and “awful April” bill hikes eat into household income. The UK’s biggest supermarket chain will unveil its financial results for the first three months of its financial year on Thursday. Tesco recently [...]

  • Reeves mulls taxpayer-funded subsidy to cut manufacturers’ energy costs

    June 8, 2025

    Rachel Reeves is looking at plans for a £1bn taxpayer-funded annual subsidy to bring down the energy costs for manufacturers after warnings the UK faced “rapid deindustrialisation” without intervention. The Chancellor is facing mounting pressure to lower energy costs for industry with fears high prices are holding back investment opportunities and stifling the country’s competitiveness. [...]

  • Reeves to unveil £86bn science and technology funding in spending review

    June 8, 2025

    Research into drug treatments and longer-lasting batteries will receive new funding as part of an Chancellor Reeves’ £86bn package for science and technology set to be announced in next week’s spending review. Regions will be handed up to £500m with local leaders given powers to decide how investment is targeted in their communities, the Department [...]

  • DESNZ shedding nuclear ministers as spending review threatens net zero mission

    June 6, 2025

    The Department for Energy Security and Net Zero (DESNZ) has lost two ministers in the span of a month in a blow to Energy Secretary Ed Miliband. Philip Hunt, nuclear minister, retired less than a year into his tenure, citing wanting to spend more time with his family.  He was followed in short succession by [...]

  • Rachel Reeves may have to ‘revisit’ manifesto tax pledges to meet fiscal rules, economists warn

    June 6, 2025

    Rachel Reeves may have to tear up Labour’s manifesto tax commitments to meet her tight fiscal rules, economists have warned, as the Chancellor battles to balance the books amid calls for higher spending on defence and welfare. A suite of new day-to-day spending commitments made by the Treasury in recent weeks, including reversing cuts to [...]

  • ‘A tax burden without precedent in the 21st Century’: Pub chain McMullen’s blasts government tax hikes

    June 6, 2025

    One of Britain’s biggest pub chains has taken aim at the government’s “damaging” tax hikes, warning they will lead to lower demand and investment and have forced the hospitality sector to “bear the brunt” of rises in government spending. Hertford-based McMullen’s, which operates around 120 pubs in London and the home counties, including the Old [...]

  • Wise’s London listing snub shows the need for urgent City reform

    June 6, 2025

    The loss of the primary listing of the fin tech Wise from London is another body blow to those seeking to reboot its fortunes as the international market where the best ideas find the best capital, writes shadow business secretary Andrew Griffith. Coming on the eve of London Tech Week it’s a real downer and [...]

  • The high-profile non-doms that have quit Britain since the Budget

    June 6, 2025

    If the pleas of wealth advisers and tax lawyers are to be believed, since the Chancellor’s Autumn fiscal crackdown, non-doms have been leaving Britain in droves. We’ve listed the most high-profile departures since the Budget. Having made it almost exactly halfway through her maiden Budget, the UK’s first female Chancellor was beginning to find her [...]

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