{"id":263604,"date":"2025-07-14T07:04:09","date_gmt":"2025-07-14T07:04:09","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/263604\/"},"modified":"2025-07-14T07:04:09","modified_gmt":"2025-07-14T07:04:09","slug":"rachel-reeves-live-chancellor-to-make-massive-500-million-announceme-politics-news","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/263604\/","title":{"rendered":"Rachel Reeves LIVE: Chancellor to make massive \u00a3500 million announceme | Politics | News"},"content":{"rendered":"<p>Chancellor <a data-link-tracking=\"InArticle|Link\" href=\"https:\/\/www.express.co.uk\/news\/politics\/2081156\/rachel-reeves-set-hammer-rich\" target=\"_blank\" rel=\"noopener\">Rachel Reeves<\/a> is launching a \u00a3500 million fund to help struggling families and children. The cash could be used to cut truancy, keep young people out of crime or help prepare them for work.<\/p>\n<p>The Better Futures Fund aims to raise cash from local government, social investors, and philanthropists, on top of the government\u2019s funding. Ms Reeveswill launch the initiative today as she visits a school in Wigan.<\/p>\n<p>But it comes at a difficult time for <a data-link-tracking=\"InArticle|Link\" href=\"https:\/\/www.express.co.uk\/news\/politics\/2080773\/rachel-reeves-tax-time-bomb-uk-economy\" target=\"_blank\" rel=\"noopener\"> the Chancellor<\/a>, after Transport Secretary Heidi Alexander dropped heavy hints on Sunday that she will be forced to impose <a data-link-tracking=\"InArticle|Link\" href=\"https:\/\/www.express.co.uk\/news\/politics\/2080222\/rachel-reeves-tax-rises-ed-balls\" target=\"_blank\" rel=\"noopener\">tax rises<\/a> on the wealthy after spending billions more than planned on benefits. The economy contracted by 0.1% in May and 0.3% in April.<\/p>\n<p>Ms Reeves will tomorrow deliver a major speech setting out some of her plans, known as the Mansion House speech, and some details of this are likely to emerge today.<\/p>\n<p><strong>Follow live updates below:<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"Chancellor Rachel Reeves is launching a \u00a3500 million fund to help struggling families and children. The cash could&hellip;\n","protected":false},"author":2,"featured_media":263605,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4],"tags":[12,3027,619,16,100693,15],"class_list":{"0":"post-263604","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-uk","8":"category-united-kingdom","9":"tag-news","10":"tag-politics-news","11":"tag-rachel-reeves","12":"tag-uk","13":"tag-uk-politics-news","14":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114850317176313152","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/263604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=263604"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/263604\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/263605"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=263604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=263604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=263604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}