The Latest Breaking News from Rachel Reeves

Chancellor Rachel Reeves will give an update on her plans for the UK economy in her spring statement on Wednesday, 26 March.

Chancellor Rachel Reeves has presented her first highly-anticipated Spring Statement to parliament.

Labour chancellor set to squeeze Whitehall budgets by up to 7 per cent

The Chancellor is expected to reveal significant cuts to the Civil Service as well as unveil further details of the cuts to benefits and disability payments

Talk of tough choices ahead, an increase in debt financing, and more initiatives to promote growth

Since the UK Labour government took office in summer 2024, calls have intensified to scrap both the “two-child limit” – which restricts support for children through universal credit to two children – and the overall benefit cap. With Chancellor Rachel Reeves resisting this pressure as she tries to manage deteriorating…

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

MPs are set to pocket a tidy £2,558 pay bump from April, just as Chancellor Rachel Reeves gears up to announce deep spending cuts.

LABOUR have been urged to end the UK’s “damaging” tax policies on Scottish whisky – with an SNP MP saying Westminster has the industry…

A £2bn funding boost for new homes in England was announced this week ahead of today’s spring statement but the housing market’s problems run deep. Here’s an overview of where we are and how we got there

Sir Keir Starmer and Donald Trump have had a private phone call to talk about a potential economic prosperity deal, Downing Street has confirmed.