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The Latest Breaking News from PA Graphics

Growth forecast halved this year in blow to Reeves

Chancellor Rachel Reeves said she was taking action to grow the economy but said she was battling global instability.

Evening Standard

Graph reveals how UK tax burden will hit record high after Spring Statement

Income tax and national insurance contributions are the main drivers behind the jump in the overall tax burden

Evening Standard

Reeves announces plans to make state ‘leaner’ and ‘more productive’

Overall, day-to-day spending will drop by £6.1 billion by 2029/30 and will now grow by an average of 1.2% a year above inflation, the Chancellor said.

Evening Standard

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Trump tariffs could cut growth and wipe out Chancellor’s headroom, OBR warns

The UK continues to seek exemptions from US tariffs due to come into effect next week.

Evening Standard

Labour MPs urge Rachel Reeves to rethink cuts to health and disability benefits

Debbie Abrahams, who chairs the Work and Pensions Committee, questioned how ‘making people sicker and poorer’ would help the economy.

Evening Standard

Why has inflation fallen and what does it mean for households?

Inflation fell to 2.8% last month, but economists have warned price rises could accelerate next month.

Evening Standard

Live: UK growth forecast halved to 1%, Rachel Reeves says

The Chancellor blamed ‘increased global uncertainty’ as the watchdog warned she would have missed her goal of balancing the books without action.

Evening Standard

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Annual house price growth accelerates but rental prices slow

The figures were released as the rate of Consumer Prices Index inflation slowed by more than expected.

Evening Standard

Annual house price growth accelerates but rental prices slow – ONS data

The figures were released as the rate of Consumer Prices Index inflation slowed by more than expected.

The Independent UK

Where inflation eased in February – and where it accelerated

Women’s clothes recorded one of the largest movements in inflation last month.

Evening Standard

Reeves poised to make further welfare cuts as budget watchdog gives its verdict

Chancellor Rachel Reeves will acknowledge she needs to go ‘further and faster to kickstart growth’ in her spring statement .

The Independent UK

Reeves gets budget watchdog’s verdict as she hunts for elusive economic growth

Chancellor Rachel Reeves will set out how she will balance the books against a backdrop of economic stagnation.

The Independent UK

February inflation set to ease in ‘calm before storm’ of April bill hikes

The latest inflation data will be published on Wednesday, the same day the Chancellor delivers her spring statement.

Evening Standard

Ministers ‘monitoring’ how passengers looked after following Heathrow shutdown

A fire at the North Hyde electricity substation last week disrupted power supplies at the West London hub.

Evening Standard

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Evening Standard

PM ‘deeply concerned’ about Heathrow closure

Some 200,000 passengers were affected as the west London airport was closed for much of Friday after a fire at a nearby electricity substation.

Evening Standard

Record number of migrants cross English Channel in first three months of year

Some 5,847 arrivals had been recorded as of March 23, compared with 5,435 arrivals across January, February and March in 2024.

The Independent UK

How many people work in the UK Civil Service?

Two Government departments together account for more than a third of the Civil Service headcount.

Evening Standard

Unions warn about effect on vital services after Chancellor confirms job cuts

FDA general secretary Dave Penman said a 10% cut in the entire salary bill of the Civil Service could mean up to 50,000 jobs may be cut.

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Evening Standard

UK households spent a record £217 billion on housing costs in 2024

Housing costs were estimated by Savills to have been £8.6 billion higher last year than a previous peak in 2016

The Independent UK

Record £217bn spent by UK households on housing costs in 2024, study suggests

Housing costs were estimated by Savills to have been £8.6 billion higher last year than a previous peak in 2016, when adjusted for inflation.

Evening Standard

Rachel Reeves faces wrath of unions over cuts to Britain's bloated Civil Service as '50,000 jobs could go'

Chancellor says she was ‘confident’ Civil Service numbers could be reduced by 10,000, but one union chief says the cuts could lead to some 50,000 staff being let go

The Independent UK

Reeves denies UK on path to austerity as she confirms 15% Civil Service cuts

It comes after a backlash to cuts to welfare spending and a decision to slash the aid budget to fund a boost to defence spending.

Evening Standard

What we know about the closure and reopening of Heathrow Airport

Around 200,000 passengers were affected by Friday’s closure of Europe’s busiest airport.

Evening Standard

Chancellor rules out ‘tax and spend’ policies ahead of spring statement

Former Labour work and pensions secretary Lord Blunkett has urged the Chancellor to loosen her fiscal rules.

Evening Standard

Local residents heard ‘massive explosion’ before fire which shut down Heathrow

Thousands of homes have been left without power and more than 100 people were evacuated following the fire.

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