The Latest Breaking News from Rachel Reeves

Living standards 2025 outlook ‘hardly cause for celebration’, says UK thinktank

Household incomes to stagnate or fall but will be offset by better public services, says Resolution Foundation

The Guardian - UK · Dec 27, 2024

Rachel Reeves spending review ‘set to be next big challenge’ for government as growth flatlines

Rachel Reeves has ordered a line-by-line review of spending, with departments ordered to find savings of 5 per cent of their budgets

The Independent UK · Dec 27, 2024

Reeves faces spending wrangles and a search for growth in 2025

Rachel Reeves faces an unenviable situation as the new year begins.

The Independent UK · Dec 27, 2024

'Broke Brexit Britain': Scotland reacts as UK economic growth hits a wall

JOHN Swinney has insisted Labour will only make the economy worse with a hike to employers’ National Insurance contributions after revised figures…

The National (Scotland) · Dec 23, 2024

British economy flatlines in 3rd quarter in another blow to new Labour government

The British economy flatlined in the third quarter of the year, according to downwardly revised official figures in another blow to the new Labour government that has made growth its number one mission

The Independent UK · Dec 23, 2024

Rachel Reeves describes ‘challenge’ of fixing economy as ‘huge’

The Office for National Statistics said on Monday that UK gross domestic product (GDP) showed no growth between July and September.

The Independent UK · Dec 23, 2024

Economy 'headed for the worst of all worlds' in 2025, businesses warn

Businesses have issued a stark warning to Rachel Reeves that the economy is “headed for the worst of all worlds” with activity expected to fall…

The National (Scotland) · Dec 23, 2024

Starmer under pressure over promise to drive growth as UK economy flatlines

Unexpected downgrade to GDP to show zero growth in third quarter underlines Labour’s challenging start in power

The Guardian - UK · Dec 23, 2024

UK growth revised down to zero; firms warn economy is heading for ‘worst of all worlds’ – as it happened

UK GDP flatlined in the July-September quarter, ONS reports, as companies warn October budget has hurt economy too

The Guardian - UK · Dec 23, 2024

British economy heading for ‘worst of all worlds’, business leaders warn over Labour Budget

After Rachel Reeves’s controversial Budget, the Confederation of British Industry warns the economy is ‘headed for the worst of all worlds’

The Independent UK · Dec 23, 2024