99 m. ago Rachel Reeves ready to target bloated asylum bill to plug £30bn black hole in next month's Budget

The Chancellor yesterday received the initial economic forecasts from the Office for Budget Responsibility (OBR) watchdog telling her how much she needs to raise to balance the books.

Economics

12 h. ago Bank governor warns of risks of cutting regulation in bid for growth

Andrew Bailey said in a speech in Amsterdam he can see evidence that there is a ‘risk of history showing signs of repeating itself’.

Events

12 h. ago Michelle Mone says she has ‘no wish to return to the Lords’ as a Tory peer

Several high-profile politicians have called for Lady Mone to relinquish her peerage.

Politics

13 h. ago Baroness Michelle Mone resigns as Conservative peer after PPE scandal

Michelle Mone, who has links to PPE Medpro wrote a letter to Tory leader Kemi Badenoch after accusing Chancellor Rachel Reeves of using 'dangerous and inflammatory' language about her

Politics

13 h. ago New archbishop warns against hostile or threatening language on immigration

Dame Sarah Mullally said all senior leaders, whether in politics or faith, have a responsibility to ‘think about the language we use’.

Events

36 h. ago Baroness Mone accuses Chancellor of ‘inflammatory’ language in letter to PM

Rachel Reeves is reported to have joked that the Government had a vendetta against peer Lady Mone during a fringe event at Labour’s party conference.

Politics

39 h. ago Tesco boss issues warning to Rachel Reeves over ‘what lies ahead’

Tesco says household budgets are squeezed and shoppers are increasingly seeking out value

Events

40 h. ago Rachel Reeves risks 'irresponsible' pension move by failing to rule out lump sum raid, experts warn

Speculation about a new lower cap on tax-free cash is understood to have prompted a renewed rush of withdrawals, following a spike ahead of last year's Budget.

Events

43 h. ago 'Enough is enough!': Tesco boss urges Rachel Reeves to avoid tax hikes

The boss of Tesco has warned the Chancellor that 'enough is enough' amid fears of more tax rises as the supermarket upgraded its annual profits.

Economics

51 h. ago Rachel Reeves 'must rule out pensions raid in the Budget to avoid lump

The Chancellor must rule out a pensions raid in the Budget as she faces a re-run of last year's damaging dash for tax-free cash, experts warned last night.

Economics

59 h. ago Rachel Reeves critics say she's 'dodging big issues' in cringey clip

Rachel Reeves has been savaged by members of the public after the Labour Party uploaded a video of the Chancellor of the Exchequer answering questions about Beyoncé

Politics

59 h. ago Mone should not be in Lords after Covid PPE contract breach, says Reeves

The Government has won a £122 million case against a company linked to the Tory peer.

Politics

59 h. ago London tax bombshell: 170,000 would be hit by stealth income threshold freeze extension

Rachel Reeves admitted during the Labour Party Conference that she no longer stands by her pledge last year not to raise taxes

Events

62 h. ago Company linked to Mone must repay almost £122m over Covid PPE contract breach

The Department of Health and Social Care sued PPE Medpro at the High Court for supplying 25 million gowns that were not suitable for NHS use.

Economics

62 h. ago Company linked to Mone must repay more than £121m over Covid PPE contract breach

The Department of Health and Social Care sued PPE Medpro at the High Court for supplying 25 million gowns that were not suitable for NHS use.

Economics

63 h. ago ‘It’s a collective validation’: the group helping Black families cope after baby loss

The founders of Ebony Bonds on poor maternal health outcomes for Black women and how their space confronts the honest reality of dealing with bereavement after the loss of a baby• Don’t get The Long Wave delivered to your inbox? Sign up hereWhen I first started chatting with Gina and Rachel, the founders of Ebony Bonds, I was braced for a painful conversation. Ebony Bonds, founded last year, supports Black families in the UK through bereavement after baby loss. What unfolded was a conversation that was mostly about how to show your love.Rachel Burrell and Gina Reeves were inspired to found Ebony Bonds after experiencing the loss of their babies to stillbirth, and feeling unsupported and not listened to at hospitals and by other care providers. Unable to find the specific, tailored resources for support within conventional charities, the duo began with what they thought would be a small gathering. Continue reading...

Politics

64 h. ago Greggs calls for no ‘surprises’ in Budget as it raises prices this week

Chief executive Roisin Currie confirmed a set of price hikes would be taking place on its menu.

Economics

66 h. ago AO boss says Rachel Reeves' NI tax hike and new workers' rights bill make it tougher for UK firms to compete with China

John Roberts said last Autumn's budget had left his electrical company facing an extra £8m charge a year meaning it was 'unable to carry the costs' of competitors.

Economics

66 h. ago Autumn Budget uncertainty weighing on consumer confidence, Taylor Wimpey says

The Buckinghamshire-based housebuilder nonetheless said it was ready to lean in to the ‘pressing need’ for new homes in the UK.

Politics

67 h. ago Exotic zoo owner blames Rachel Reeves' inheritance tax raid for having to sell his £2.75m wildlife park complete with zebras, American bison and capybaras

Steve Cardell built Cassiobury Farm on a derelict site in Watford, transforming a former tip into a 15-acre zoo, fishery and conservation project.

Economics