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Rachel Reeves news

Read verified news on BetaVoices covering Rachel Reeves, with reporting, context, and related developments.

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  1. Cost of living VAT cut to lower some family days out this summer Rachel Reeves said VAT will fall from 20% to 5% on selected attractions, children’s meals and entertainment, but businesses will decide whether to pass on the savings May 21, 2026
  2. Government debt UK 30-year borrowing costs hit highest level since 1998 Yields rose as markets absorbed the impact of the Iran war, higher energy prices and political uncertainty before Thursday’s elections May 5, 2026