Browsing: Rachel Reeves

Friday’s front pages report on the Bank of England’s bleak forecast for the UK economy sparked widespread concern, with growth now expected to be just 0.75% this year.

Rachel Reeves is under fire with some of the papers speculating on her future in the role of chancellor and the fears of stagflation – a combination of stagnant growth and rising inflation—are dominating the narrative.

While the interest rate cut to 4.5% offers some relief, the overall economic outlook remains challenging. The papers say the government faces tough choices including potential tax hikes or spending cuts, to stabilise the economy.

Elsewhere, there’s some showbiz news dominating tabloids, including reviews of the new BBC TV series Amandaland, an exclusive interview with the former girlfriend of Liam Payne and coverage of recent allegations made against a TV star.

The back pages are dominated by Liverpool’s 4-0 win over Spurs to book their place in the Carabao Cup final at Wembley.

“GDP growth slowed markedly in the summer when the new government began warning of tax hikes,” said Rob Wood, chief UK economist at Pantheon Macroeconomics.

Friday’s front pages cover the ongoing LA wildfires as exhausted firefighters battle to contain the fires spreading over the iconic city. The front pages reflect the growing death toll and the more than 100,000 homes reduced to ash.

The latest from Downing Street – and the UK economy – also find space on the front pages this morning as the pound sinks to its lowest level since 2023. Chancellor Rachel Reeves is facing criticism from several publications as she jets off to China amid economic uncertainty. However, the chancellor’s trip is an attempt to revive closer ties with Beijing for economic benefits.


Elon Musk continues to find a scrap of space on the front pages, as the foreign billionaire has said he wants to oust Keir Starmer – and Labour – from power. Elon Musk is an American billionaire who does not live in Britain. His continued interference in British politics continues to infuriate the public. The tech billionaire is also facing a probe by a counter-extremism unit to see if they create a risk to Britain.

Several papers carry a newly released image of Princess Kate, who celebrated her birthday yesterday. Other papers carry images from Jimmy Carter’s funeral – as the previous five American presidents came together.