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Rachel Reeves

  • FTSE 100 Live: Stocks uneven as Trump’s Strait of Hormuz blockade begins

    April 14, 2026

    Good morning and welcome back to the City AM liveblog. Markets were rocked yesterday by the US’ blockade of the Strait of Hormuz, adding a new layer of tensions to the weeks-long conflict in the Middle East. Vice-President JD Vance has accused the Iranian government of engaging in an “act of economic terrorism” through its [...]

  • Starmer fears ‘untold damage’ to UK economy from Iran war 

    April 13, 2026

    Sir Keir Starmer has warned that the impacts of the Iran war will be “significant” as he insisted the government’s central position was to stay out of the conflict.  Starmer told MPs on Monday that the main war in Iran, which lasted over a month before a ceasefire was announced last week, had already harmed [...]

  • Retiring abroad could lose Brits over £70,000 with state pension at risk

    April 13, 2026

    British pensioners eyeing a retirement in the sun could see thousands wiped off their state pension, top financial planners have warned. Brits planning to retire overseas during this tax year could forgo more than £77,000 in state pension income over the next 20 years, if they opt to move to a country where payments are [...]

  • Voters tell Reeves: Cut taxes and energy costs to boost ‘poor’ UK economy

    April 13, 2026

    British voters want Rachel Reeves to cut taxes and reduce energy costs in order to focus on growth as a majority of people felt the UK economy was “poor”, new research has shown. Polling by Freshwater Strategy for the Institute of Economic Affairs (IEA), a free market think tank, suggested that the vast majority of [...]

  • Rachel Reeves’ wealth fund pumps £600m into Rolls-Royce SMR

    April 13, 2026

    Rachel Reeves’ flagship wealth fund has announced a fresh heap of financing for Rolls-Royce SMR following its tie-up with Ed Miliband’s state-owned energy company. The National Wealth Fund has revealed a £599m financing package for Rolls-Royce Small Modular Reactors (SMR) in a bid to kick start delivery on its project with Great British Energy. The [...]

  • Tech bosses line up for Cabinet under new Whitehall plans

    April 12, 2026

    Hundreds of business leaders, tech executives and former military figures are set to be trained for senior roles in government under a new initiative aimed at overhauling Whitehall. The programme, led by the Centre for Government Reform, will target candidates from outside Westminster and prepare them to take on positions such as cabinet ministers and [...]

  • “War in Iran will come at a cost,” Reeves warns UK businesses

    April 12, 2026

    Rachel Reeves has warned the escalating conflict in Iran will feed directly into higher costs for British businesses, as pressure builds on energy prices and inflation. “I am going to be straight with people”, Reeves said, “the war in Iran will come at a cost to British families and business,” signalling that the economic fallout [...]

  • ‘Dragged out of the dark ages’: Investment industry welcomes risk warnings review 

    April 9, 2026

    The UK investment industry has welcomed the findings of the Risk Warnings Review, emphasising the need to remove the extremes-focused view on investing. The review, a study commissioned by the Chancellor as part of the Leeds Reforms, found that consumers’ perception of risk has seriously hindered investing in the UK, with the state of risk [...]

  • The UK’s risk aversion culture is holding back investment

    April 9, 2026

    The UK perception of investment risk is holding back a wave of capital into equities as Brits continue to view the stock market as a casino and squirrel their savings away in the safety of cash. The UK investment sector has become plagued by the widespread, standardised use of risk warnings, which instead of telling [...]

  • FTSE 100 Live: Blue-chip stocks boom on Trump and Iran ceasefire

    April 8, 2026

    Good morning and welcome back to the City AM liveblog. Markets are in line for a major boom this morning after Donald Trump confirmed a two-week ceasefire with Iran shortly ahead of his latest bomb threat deadline. Trump announced the two-week postponement by stating the US and Iran were “very far along” with a “definitive” [...]

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