Reeves’ spring statement will also confirm the £5bn in welfare cuts announced last week and ambition to spend 3% of GDP on defence

Reeves’ spring statement will also confirm the £5bn in welfare cuts announced last week and ambition to spend 3% of GDP on defence

Forecaster says inflation will be higher, then lowerpublished at 13:30 Greenwich Mean Time 13:30 GMT As we mentioned a little earlier, the Office for...

Forecaster says inflation will be higher, then lowerpublished at 13:30 Greenwich Mean Time 13:30 GMT As we mentioned a little earlier, the Office for...

The chancellor boosted defence spending while piling on further welfare cuts – all set against gloomy growth forecasts

The chancellor is set to expand cuts to benefits after being told the reforms would save less than planned.

Chancellor Rachel Reeves delivered the 2025 Spring Statement in the House of Commons on Wednesday afternoon.

Keir Starmer will face Kemi Badenoch at PMQs before the chancellor delivers her spring statement

Keir Starmer will face Kemi Badenoch at PMQs before the chancellor delivers her spring statement

The British economy will only grow by 1% this year, half the rate previously anticipated, Treasury chief Rachel Reeves conceded Wednesday in a...