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Rachel Reeves’ Budget on Wednesday afternoon sought to address a ‘black hole’ in finances.

Chancellor heeds calls long made on the left for spending to match other European countries with rise of £70bn a year

Rachel Reeves set out £40 billion of tax rises along with major spending commitments as she sought to set the tone for Labour’s term in office.

The minimum wage for 18 to 20-year-olds will rise 16 per cent to £10 as part of a plan to equalise the rate with older earners

COMMENT: Thanks to some nifty sleights of hand, the chancellor was able to declare that she had not broken any electoral pledges. But will Rachel Reeves’s spending plans revive the government’s floundering fortunes, asks Andrew Grice

MSPs paid tribute to “political giant” Alex Salmond in the Scottish Parliament as they moved a motion of condolence in honour of the former…

Ask two Blairites when the New Labour project died, and you might get three different answers. The first is June 2007, when Tony Blair stood down as prime minister. The second is May 2008, when the party ran a class-based (and unsuccessful) campaign at the Crewe and Nantwich by-election. While…

In Labour’s first budget for almost 15 years, Rachel Reeves has unveiled tax rises and promises of investment in public services

LABOUR’S first Budget in 14 years “fails to deliver” the change Scots expected from Keir Starmer, the SNP have said.