Mansion tax wouldn’t fill Budget black hole, economists warn Reeves

Tuesday, October 28, 2025

Good morning and welcome to your daily news briefing from The Independent.

Economists have warned Rachel Reeves that a mansion tax won't fill her Budget black hole, King Charles has been heckled over Prince Andrew's ties to Epstein, and inquiry into how the Epping sex offender was mistakenly set free is due to be launched.

Top stories

1 | Mansion tax wouldn't fill Budget black hole, economists warn Reeves

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2 | King Charles heckled over Prince Andrew and Epstein during cathedral visit

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3 | Inquiry to be launched into how sex offender was mistakenly set free, says Lammy

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4 | Trump warns Putin 'we have a nuclear submarine off your shore' after cruise missile test

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5 |Nigel Farage brands Reform MP's comments 'ugly' but insists she's not racist

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'A necessity or marketing?' Readers divided on the rise of water bottles

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WATCH 

How a Louvre security guard found £10m crown after jewel heist

STAT OF THE DAY

£25,000

A JD Wetherspoon employee has been awarded more than £25,000 after he was reprimanded and investigated for using his staff discount to pay for a meal with his family.

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QUOTE OF THE DAY

"They know we have a nuclear submarine, the greatest in the world, right off their shores, so I mean, it doesn't have to go 8,000 miles."

Donald Trump has warned Vladimir Putin that the US "has a nuclear submarine off your shore" as he condemned a Russian cruise missile test as "inappropriate".

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