⌨UK media opened the day with widespread reports of Rachel Reeves and Keir Starmer abandoning plans to raise income tax in the upcoming Budget, marking a significant U-turn from earlier proposals (Sky News, Daily Mail, The Telegraph, The Guardian, The Mirror, New Statesman, The Spectator, Evening Standard).
Concurrently, the fallout from the Epstein files continued, with Donald Trump facing a congressional vote on their release and the BBC apologizing for an edit amidst compensation demands (The Guardian, The Independent, The Mirror).
As the day progressed, markets reacted to Reeves' U-turn, with reports of jitters and uncertainty (Daily Mail, The Independent, Sky News). Further analysis suggested the income tax raid was abandoned because it would raise less than hoped (The Telegraph).
By evening, new reports emerged of Reeves plotting potential new taxes on middle-class homeowners following the income tax retreat (The Telegraph), while multiple outlets also reported on a retired vet who admitted to sexually assaulting boys at a Christian summer camp after lacing their sweets with sedatives (Daily Mail, Metro, The Mirror).