The Business Times

Rachel Reeves

International

UK’s Reeves should go big on tax increases in November, think tank says

On Monday, British finance minister Rachel Reeves will announce that every young person who receives Universal Credit benefit payments for 18 months without “earning or learning” will be guaranteed an offer of paid work, although it was not immediately clear what work this would be.
International

Britain’s Reeves set to guarantee jobs for young unemployed

Shoppers walk past Harrods department store in London, UK, on Wednesday, Aug. 27, 2025. Amid scorching heat in the Middle East, London once again became an outpost for the Gulf elite, continuing an annual custom that helps project their influence in the West and allows an escape to cooler climes. Photographer: Chris J. Ratcliffe/Bloomberg
International

UK consumers turn more wary as economic worries mount, GfK says

Failure to meet efficiency targets would add to demands on public spending at a time when British finance minister Rachel Reeves is struggling to meet her targets for improving the public finances.
International

UK’s Reeves faces “major fiscal issue” if she misses efficiency target, IFS says

Ray Dalio, founder of Bridgewater Associates LP, speaks during the Milken Institute Asia Summit in Singapore, on Wednesday, Sept. 18, 2024. The size of the Federal Reserve's interest rate cut this week won't be a game changer for global investors, though risks from China's slowdown continue to weigh on their minds, according to participants at the regional forum. Photographer: Ore Huiying/Bloomberg
Lifestyle
NEWS ANALYSIS

Why the UK stock market and pound continue basking in sunshine of global bull market

Britain's Chancellor of the Exchequer Rachel Reeves (pictured) and Prime Minister Keir Starmer are struggling to meet mounting demands for spending from the already stretched public finances as they struggle to speed up Britain’s economic growth.
International

UK’s Reeves heading for ‘impossible’ choices in this year’s budget: think tank

Tax data showed that the number of employees on payrolls dropped by 41,000 in June.
International

UK firms cut jobs; wage growth slows in cooling labour market

Britain's Chancellor of the Exchequer Rachel Reeves (right) appears tearful during the Prime Minister's Questions (PMQ) session in the House of Commons. London, Britain, July 2, 2025.
International

UK’s Starmer backs finance minister Reeves after tears in parliament

Rachel Reeves outside 11 Downing Street ahead of the presentation of the spending review in London. The chancellor’s choices will impact the quality of public services and voter perceptions through to the next general election in 2029.
International

Rachel Reeves vows nationwide ‘renewal’ for UK in spending review

epa12093301 Britain's Chancellor of the Exchequer Rachel Reeves arrives ahead of a speech by the prime minister in Downing Street, London, Britain, 12 May 2025. The prime minister's speech announced some of the proposals contained in the Government’s Immigration White Paper. EPA-EFE/TOLGA AKMEN/POOL
International

IMF warns UK to keep budget in check or risk market revolt

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