The Organisation for Economic Co-operation and Development (OECD) has urged UK Chancellor Rachel Reeves to overhaul the country's tax system to stimulate economic growth.

British manufacturers are projected to incur an additional £940 million per year in business rates due to recent changes introduced by Rachel Reeves, prompting calls for government assistance to address disproportionate bills.

Rachel Reeves pockets tax windfall from Iran war and fuel crisis  The Times

Rachel Reeves, the UK Shadow Chancellor, has reportedly received a tax windfall stemming from the Iran war and the ongoing fuel crisis, impacting government revenues.

UK politician Rachel Reeves has reportedly received a tax windfall, benefiting from the economic conditions created by the Iran war and the ongoing fuel crisis.

It’s hard to know how to handle meeting a famous person in public. I decided to forgo political debate for a simple ‘Hello’, but my daughter assures me I was the most mortifying I’ve ever been This…

The chancellor makes a compelling case for alignment with the EU, but her strategic analysis isn’t matched with political urgency in Downing Street In an age of attention-grabbing algorithms and…

London wants to return to European standards to boost its economy. Finance Minister Rachel Reeves stated on Tuesday that the UK is ready to align with many...

The Chancellor said closer alignment would provide certainty to businesses and could help bring down inflation.

UK Finance Minister Rachel Reeves has cautioned that the ongoing conflict with Iran is likely to exert upward pressure on inflation within the United Kingdom over the coming months.

Britain's Shadow Chancellor Rachel Reeves is expected to announce a commitment of 1 billion pounds towards quantum technology procurement, aiming to boost the UK's capabilities in this advanced field.

UK officials say move would require ‘very big’ offer from Brussels as Rachel Reeves seeks deeper ties

Chancellor Rachel Reeves and Energy Secretary Ed Miliband called in forecourt operators in response to the Middle East crisis.

Some member states, led by France, expect the UK to pay into the EU budget in return

Chancellor Rachel Reeves stated that it is 'valid' to say the national insurance hike announced in 2024 should not have occurred, though she insisted the move was necessary for public services.

The Chancellor said she was ready to support a ‘co-ordinated release’ of international oil reserves.

Gas prices, for example, have already spiked after the major Middle East supplier Qatar closed its main refinery following Iranian attacks

An energy shock from war in the Gulf will expose the limits of rigid fiscal rules.

Rachel Reeves is tasked with shoring up Britain's finances and growth agenda amidst mounting global risks, following a subdued UK fiscal statement.

The Independent reports on the key takeaways from Rachel Reeves’ Spring Statement, detailing its implications for energy prices, economic growth, and the public.

Chancellor Rachel Reeves has set out the latest outlook from the government's official forecaster

UK Chancellor Rachel Reeves announced that the country's fiscal headroom has improved since November.

Warning comes as OBR projections in the spring forecast are expected to show public finances moving in the right direction Soaring global energy prices as a result of the widening Middle East…

Robert Jenrick has accused Rachel Reeves of having a friendship with a 'fanatic' mosque leader, sparking political controversy.

UK Chancellor Rachel Reeves is set to provide an update on her economic plans for the UK, accompanied by an economic forecast on March 3.

Funding uncertainty is main concern, despite Labour’s pledge to revitalise construction, survey shows Almost two-thirds of senior council officers have said they are seeing construction projects delayed, despite the key role of local authorities in creating the wave of new housing and infrastructure promised by Labour. Before Rachel Reeves’s spring forecast on Tuesday, a survey of senior council officers showed that 40% do not think the local authority they work for is well placed to follow t...

China's National People's Congress is set to address high-tech development and manage expectations for lower economic growth, with British Chancellor Rachel Reeves also expected to present a cautious Spring Statement.

UK Chancellor Rachel Reeves is reportedly set to approve a £1 billion deal with Italy's Leonardo to build military helicopters in Yeovil, a move expected to save approximately 3,000 manufacturing jobs at the plant.

Rachel Reeves and Elisabeth Svantesson, British and Swedish ministers, assert that the Russian economy is in its weakest position since the war began, sanctions are effective, and Vladimir Putin's lies should not be believed.

Sharon Graham, head of Britain's largest trade union, has called for Chancellor Rachel Reeves to be fired if she fails to support increased military spending to back British industry.

Chancellor Rachel Reeves said in November that £150 would be cut from the average household bill from April.

Chancellor Rachel Reeves is scheduled to deliver an update on the UK economy, known as the Spring Statement, on March 3, accompanied by an economic forecast.

UK budget surplus hits record in January and retail sales rose, while private sector activity is strengthening in February UK reports record-breaking budget surplus of £30.4bn in surprise boost for Rachel Reeves Art and antiques help lift retail sales in Great Britain to biggest monthly rise since 2024 The jump in tax receipts last month may show that UK government receipts are starting to get the boost from inflation and wage growth earlier in the year. Nick Ridpath, research economist at the Institute for Fiscal Studies, says: Today’s data on the public finances is particularly important, given the outsized impact of January’s self-assessment returns on revenues and borrowing for the year as a whole. Income tax receipts had been a little disappointing over 2025, lagging behind forecasts even as inflation and wage growth exceeded expectations. But today’s data shows that self-assessment revenues in January were almost £2bn (6%) higher than forecast. Mail order retailers, which are predominantly online, experienced a boost from retailers selling sports supplements, as well as continued strong sales volumes by online jewellers. Comments from jewellers reported that demand had hit unprecedented levels. Continue reading...

This is the moment that Rachel Reeves was heckled by a member of the public during a visit to Sainsbury’s.

Borrowing costs in the UK have significantly decreased, providing a boost for Rachel Reeves, likely in her capacity as Shadow Chancellor, suggesting positive economic implications.

Rachel Reeves, the UK Chancellor, is meeting with the heads of major supermarkets to address concerns about rising prices and potential shortages amidst surging energy costs.

Rachel Reeves, a prominent UK political figure, is reportedly benefiting from a tax windfall attributed to the Iran war and the ongoing fuel crisis.

Rachel Reeves, a prominent political figure, is reportedly benefiting from a tax windfall generated by the ongoing Iran war and the resulting fuel crisis. This situation highlights the unexpected financial impacts of global conflicts.

UK politician Rachel Reeves has reportedly received a tax windfall, which is linked to the economic impacts of the Iran war and the ongoing fuel crisis.

UK Shadow Chancellor Rachel Reeves has called on the G-7 nations to increase energy supply, as Labour leader Keir Starmer meets with businesses.

Chancellor Rachel Reeves has announced upcoming changes to the rules governing cash ISAs, prompting questions about their nature and implementation.

UK Chancellor Rachel Reeves is being urged to clarify how she plans to fund the response to the economic crisis stemming from the 'Iran shock,' despite signaling support for those most affected.

Chancellor says package offered by Liz Truss’s government was unaffordable and any future help will be targeted Rachel Reeves has ruled out universal support to deal with any future rise in energy…

Chancellor had vowed to cut cost of living but Treasury now foresees ‘very difficult Budget’ later this year

Domestic politics cannot dictate our post-Brexit settlement

Chancellor Rachel Reeves announced plans for the Treasury to give regional leaders a share of national tax revenues, aiming to tackle the country's centralized and geographically unequal economic landscape.

UK Shadow Chancellor Rachel Reeves is set to outline her economic plans, including a pledge for the fastest AI adoption in the G7 and a call for deeper ties with the EU to boost growth, as part of her annual Mais lecture.

Exclusive: European affairs minister delivers warning ahead of a major speech by Rachel Reeves on resetting the UK’s relationship with the EU

Amid a new crisis, questions are being raised about whether the UK government, specifically Chancellor Rachel Reeves, will intervene to provide help with rising energy bills, following precedents set during Covid furlough and the Truss bailout.

Fuel retailers in the UK have withdrawn from a meeting with Rachel Reeves, citing concerns that government ministers' comments about 'price gouging' have led to abuse of retail staff by the public.

Rachel Reeves' recent spring statement is being scrutinized for its relevance upon arrival, with critics suggesting it may have been outdated by the time of its release.

Chancellor does not rule out ditching fuel duty rise but tells MPs it is too early to gauge if consumers need extra help Business live – latest updates Rachel Reeves has refused to rule out…

The Chancellor also warned that petrol stations ‘price gouging’ will ‘not be tolerated’

Plus, the gap between Rachel Reeves’ rhetoric and her spending plans

A Guardian article argues that UK Chancellor Rachel Reeves should immediately abolish the North Sea windfall tax (Energy Profits Levy) to optimize oil and gas production during the transition to renewables.

Shadow Chancellor Rachel Reeves presented her spring economic forecast, aiming to project calm amid global volatility, but business leaders expressed doubts about its impact on household finances and the broader economy, with the Iran crisis adding to inflation worries.

The chancellor insists Labour has ‘the right economic plan’ for a world that has become ‘yet more uncertain’ Continue reading...

Highlights from UK Chancellor Rachel Reeves' budget update speech are outlined.

Rachel Reeves, Labour's Shadow Chancellor, affirmed the party's economic strategy as the UK's 2026 growth forecast was downgraded, citing ongoing discussions with the Bank of England and energy companies.

Chancellor Rachel Reeves prepares to deliver update on public finances

Ahead of the Chancellor's Spring Statement, Rachel Reeves is expected to highlight the UK's strong public finances to withstand the shock of the Iran conflict, while public sentiment on personal finances remains stressed.

Chancellor Rachel Reeves plans to moderate the increase to the youth minimum wage, watering down a Labour manifesto pledge for a uniform rate for all workers over 18.

Drop reflects uncertainty among homebuyers around chancellor Rachel Reeves’ November Budget

The UK Chancellor, Rachel Reeves, is preparing her spring economic outlook, aiming to present a stable fiscal picture amidst the ongoing conflict in the Middle East.

Chancellor Rachel Reeves is reportedly aiming to project calm competence in the upcoming spring budget, with expectations of no last-minute policy changes after 18 months of political turmoil.

The UK government is poised to approve a military deal with Leonardo, valued at up to £1 billion, securing thousands of jobs ahead of a critical deadline.

Ahead of the Spring Forecast, people across the UK are being asked to share how they are managing their finances as Rachel Reeves prepares to outline the latest economic outlook.

Matt Pound, a key adviser to Rachel Reeves, is set to depart from his government position. Reeves acknowledged his 'pivotal' role in transforming the party.

UK Chancellor Rachel Reeves is set to deliver a 'boring' Spring Statement, aiming to reassure businesses that her economic plan is yielding positive results.

Labour MPs may clamour for bolder spending, but – like their Tory and Reform counterparts – they ask for the unaffordable Too many Labour MPs want it all, and no amount of pleading from the top of government about the depleted public finances seems to make a difference. The mainly leftist MPs want all the wrongs of the last 15 years put right and quickly. Their next opportunity to demand more cash arrives when Rachel Reeves delivers her spring statement on 3 March. Continue reading...

Largest January total since records began in 1993 is sharp reversal from December’s £11.6bn deficit The UK government has posted the biggest ever budget surplus, official figures show, after a large boost in self-assessment and capital gains tax receipts. In a boost for the chancellor, Rachel Reeves, in the run-up to her spring statement next month, public sector finances recorded a surplus of £30.4bn at the start of the year, according to the Office for National Statistics (ONS). This was £15.9bn higher than the surplus recorded in January 2025. Continue reading...

Consultancy forecasts a nearly £117 annual reduction in household energy bills in Great Britain, following Rachel Reeves' announcement to remove green subsidy costs from domestic bills.

Shadow Chancellor Rachel Reeves is facing accusations of obstructing a significant £17.5 billion investment in the North Sea energy sector.

Rachel Reeves, the Chancellor, expressed anger at Donald Trump's decision to launch war with Iran, stating that the US president lacks a 'clear plan' to exit the conflict.

Rachel Reeves has reportedly received a tax windfall, attributed to the ongoing Iran war and the resulting fuel crisis.

Rachel Reeves pockets tax windfall from Iran war and fuel crisis  thetimes.com

Rachel Reeves, a UK politician, is reportedly benefiting from a tax windfall attributed to the ongoing Iran war and the resulting fuel crisis.

UK Tory leader Kemi Badenoch has criticized Chancellor Rachel Reeves, claiming she is 'oblivious' to the cost of living crisis exacerbated by the Iran war and speaking 'managerial mush' regarding promises to lower bills.

Charities are urging Rachel Reeves to raise taxes on companies, including banks, defense, and energy firms, that are profiting from the 'war on Iran,' as oil prices skyrocket and the UK economy faces predicted growth drops.

The UK government is relying on supplier-side support rather than universal help for energy bills due to fiscal constraints, a stance supported by Shadow Chancellor Rachel Reeves.

UK Labour's Shadow Chancellor Rachel Reeves announced plans to provide energy bill assistance to those most in need, acknowledging the impact of global events like the US-Israel war with Iran on domestic energy prices.

Μιλώντας στη Βουλή των Κοινοτήτων, η Υπουργός Οικονομικών της Βρετανίας Ρέιτσελ Ριβς αναγνώρισε ότι «ο πλήρης οικονομικός αντίκτυπος του πολέμου παραμένει αβέβαιος». Βρετανία: «Αβέβαιος ο πλήρης…

Rachel Reeves is reportedly facing challenges in convincing skeptics about fiscal devolution, while the Labour Party is also preparing another attempt to reform sickness benefits.

An editorial argues that Brexit has been detrimental to Britain and calls on Chancellor Rachel Reeves to go further and faster in aligning the UK with the EU, advocating for a future back in Europe.

UK Chancellor Rachel Reeves has expressed support for increased regional devolution, proposing reforms that would allow local areas to retain a portion of higher income tax receipts to stimulate economic growth.

The Chancellor will set out her latest economic vision today

Rachel Reeves is expected to pledge the UK to ‘the fastest AI adoption in the G7’ in an annual lecture in the City of London on Tuesday.

Plus, Nvidia talks AI chips, Rachel Reeves makes a pitch for closer EU ties and Japan’s prime minister heads to Washington

Chancellor Rachel Reeves is set to announce additional support for vulnerable UK households facing a surge in heating oil costs, with the Treasury exploring various options to assist those most affected by soaring energy bills. Reeves confirmed that the Treasury is actively looking at different options to help households most vulnerable to the rising energy bills.

Chancellor Rachel Reeves is set to meet with energy bosses amid concerns that companies are profiteering from oil and gas prices, vowing to "crack down" on those exploiting Britons through "rip-off" prices.

Fintech company Revolut has finally obtained its long-awaited banking licence, following a period of regulatory scrutiny and a public dispute involving politician Rachel Reeves.

Rachel Reeves, the Chancellor, has admitted that trade disruption from the Iran war is 'certainly not good' for the British economy, indicating potential government intervention on energy costs if the conflict escalates.

Rachel Reeves said to be considering levy cuts for oil and gas firms, but economists say this would just fatten profits Easing the windfall tax on the North Sea would do nothing for hard-pressed…

Rachel Reeves urged the CMA last November to launch a review of private dentistry in a bid to ease the cost of living.

Scotland's First Minister, John Swinney, has declared that scrapping the windfall tax on oil and gas is 'utterly essential' ahead of a meeting between Chancellor Rachel Reeves and North Sea leaders.

This Spring Statement didn't take account of an inconvenient event: the outbreak of war

The SNP and Tories accused Rachel Reeves of a missed opportunity to support the North Sea in her spring statement.

Rachel Reeves touts ‘stability’ of UK public finances in Spring Statement amid gilt sell-off

UK Shadow Chancellor Rachel Reeves announced that the Office for Budget Responsibility (OBR) forecasts a GDP growth of 1.1% for the UK economy in 2026.

Rolling coverage of the latest economic and financial news, including the UK’s spring forecast Rachel Reeves’s plans could be hit by Middle East conflict, say economists The European Central Bank’s…

Following the US and Israeli attacks on Iran, the price of oil jumped to 80 US dollars a barrel, with some analysts suggesting it could rise above 100 dollars

Chancellor Rachel Reeves is set to deliver her Spring Statement on March 3, providing an update on her plans for the UK economy and an economic forecast.

UK house prices saw an increase in February, with analysts attributing the rise to the Chancellor's efforts to avoid negative speculation ahead of Rachel Reeves' spring forecast.

An alliance of thinktanks has called on UK Chancellor Rachel Reeves to reform the Office for Budget Responsibility (OBR) to facilitate greater public investment.

The Observer reports on signs of economic recovery in the UK, suggesting a positive outlook for Shadow Chancellor Rachel Reeves.

Chancellor Rachel Reeves is set to approve a £1 billion contract with Leonardo for helicopters, aiming to protect UK jobs and investment in the defense sector.

UK Chancellor Rachel Reeves stated that Andrew Mountbatten-Windsor (Prince Andrew) must repay any public money that was misused, adding that she had never met him and thought it was 'probably for the best'.

Rachel Reeves' proposal for a crypto ISA is at risk of being ineffective, as mainstream platforms are unlikely to offer both crypto ETNs and Innovative Finance ISAs for the April launch.

Chancellor Rachel Reeves is scheduled to provide an update on her plans for the UK economy, alongside an economic forecast, during the upcoming Spring Statement on March 3.

The UK economy is showing signs of improvement with stronger retail sales and business activity, providing a springboard for Rachel Reeves' March statement.

A more significant than anticipated drop in net migration is projected to add £3 billion to the UK's national borrowing, according to Chancellor Rachel Reeves.

Shadow Chancellor Rachel Reeves has stated that a Labour government would not immediately increase defence spending, indicating a cautious approach to fiscal policy.