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Stay informed with free updates Simply sign up to the UK tax myFT Digest — delivered directly to your inbox. Rachel Reeves cannot stick to her fiscal rules, meet spending pledges and avoid tax rises on “working people”, leaving the UK chancellor with an “impossible trilemma” ahead of the autumn Budget, an influential think-tank has … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rachel Reeves said Britain has a “culture of risk aversion to the point of obsession with stamping risk out”, as she vowed to extend a purge on City of London red tape to the rest … Read more
Britain’s Chancellor of the Exchequer Rachel Reeves (C) reacts during a visit to the Sir Ludwig Guttmann Health and Wellbeing Centre in east London on July 3, 2025, where they launched the Government’s new Health Plan. Jack Hill | Afp | Getty Images “I said on day one that economic growth was now our national … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Female business leaders have lent their support to Rachel Reeves over the chancellor’s tearful appearance in the House of Commons last week, with the head of the CBI employers’ group saying displaying emotion is part … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chancellor Rachel Reeves is to launch a “concierge service” to smooth the way for international financial services companies moving to and expanding in the UK, part of her efforts to boost the City of London. … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rachel Reeves is examining reforms to her budget regime to avoid another unexpected springtime fiscal repair job as she comes under mounting investor pressure to curb the volatility of UK economic policymaking. The UK chancellor … Read more
Chancellor could extend freeze on personal thresholds or impose fresh levies on wealthy to fill fiscal hole
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rachel Reeves finds herself stuck between Liz Truss, Donald Trump and Labour MPs. This week, the bond market illustrated what an awkward spot that is. Ever since the general election that swept Labour back to … Read more
This week’s sell-off in UK gilts, sparked by a tearful Rachel Reeves in the House of Commons, showed how fragile investor confidence is in Britain’s precarious fiscal position. The merest suggestion that the chancellor may leave her job, caused by Sir Keir Starmer’s initial failure to fully back her on Wednesday, was enough to spook … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK government bonds rallied on Thursday after Sir Keir Starmer said Rachel Reeves would be chancellor for a “very long time”, allaying investor fears over her position. The prime minister made the promise after he … Read more
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