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August 6, 2025

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Rachel Reeves

British Steel could be nationalised as PM and chancellor consider ‘all options’

Whitehall sources say Starmer and Reeves aligned in seeing steel as of ‘huge strategic importance’ Keir Starmer and Rachel Reeves are actively considering nationalising British Steel in an escalation of plans first revealed in the Guardian last year.T…

April 8, 2025
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Tariffs driving India to strike trade deals, finance minister says ahead of UK talks

Nirmala Sitharam says turmoil forcing countries to seek accords beyond old ideological and political tiesIndia is seeking to strike more trade deals with other countries at a time of “global uncertainty”, its finance minister, Nirmala Sitharam, said be…

April 8, 2025
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UK politics: ‘All options on table’ for Scunthorpe steelworks, says Starmer, amid calls for nationalisation – as it happened

PM tells MPs on the Commons liaison committee that ‘we are doing everything we can to ensure there is a bright future for Scunthorpe’Half of Britons (51%) think the government should impose retaliatory tariffs on imports from the US, according to polli…

April 8, 2025
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Reeves tries to soothe market jitters after sell-off driven by Trump tariffs

Wall Street rises after Treasury secretary says US can reach ‘some good deals’ with trading partnersBusiness live – latest updatesRachel Reeves stepped in to soothe stock market jitters on Tuesday amid signs that the punishing global sell-off triggered…

April 8, 2025
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Japan-owned UK glass factory could shut if no buyer found, risking 250 jobs

Closure of Nippon Electric Glass plant would put further pressure on Rachel Reeves’s industrial strategyBusiness live – latest updatesA glass factory in Wigan that produces fibreglass for electric cars and wind turbines faces closure and the loss of 25…

April 4, 2025
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Reeves defends Labour’s £40bn tax rise as businesses prepare for NICs hike

Chancellor says autumn budget enabled £25bn of extra investment into NHS and shorter waiting lists Rachel Reeves has defended the £40bn in tax increases in autumn’s budget as businesses brace for their impact, saying NHS waiting lists would now be high…

April 2, 2025
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Reeves says hasty response to Trump tariffs could put ‘prize’ of economic deal at risk – as it happened

This blog is now closed, you can follow Donald Trump’s tariffs announcement live in our US colleagues’ live blogThere will be two urgent questions in the Commons after PMQs. At around 12.30pm a Foreign Office minister will respond to a question from Pr…

April 2, 2025
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Keir Starmer urged to get tough with Trump as US tariff threat looms

PM told to be as robust as Canada with the US president as the UK stages last-ditch talks to strike trade dealKeir Starmer should fight back strongly against Donald Trump if he imposes punitive tariffs on British exports, senior UK and EU diplomats sai…

March 29, 2025
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From more tax to rewriting budget rules: six alternative ways Rachel Reeves could raise money

The chancellor has been slated by politicians, the public and campaigners for pushing ahead with brutal welfare cuts – but there were other optionsThere is growing criticism of Rachel Reeves for her orthodox approach to managing the public finances. Wh…

March 29, 2025
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Reeves may have to find further cuts and tax hikes amid economic gloom

Rising costs and global uncertainty may force chancellor to turn to pensioners and wealthier taxpayersMinisters may have to target pensioners and wealthier taxpayers at the autumn budget, as senior government figures voiced fears brutal welfare reforms…

March 27, 2025
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