The UK government faces mounting financial strain as public sector borrowing continues to exceed expectations. Recent figures revealed a £10.7...

The UK government faces mounting financial strain as public sector borrowing continues to exceed expectations. Recent figures revealed a £10.7...

The chancellor will address MPs on Wednesday, warning of tough spending cuts amid rising government borrowing costs

The chancellor will address MPs on Wednesday, warning of tough spending cuts amid rising government borrowing costs

The UK economy is facing recession risks, with Wednesday’s Spring Statement confirming what many had feared: conditions are worsening, and...

The UK economy is facing recession risks, with Wednesday’s Spring Statement confirming what many had feared: conditions are worsening, and...

Pippa Crerar and Kiran Stacey walk us through what we can expect to hear when Rachel Reeves makes her spring statement on Wednesday. With the...

It comes in the wake of Trump's clampdown on immigration.

Hopes of growth hang deflated, borrowing takes its toll and spending cuts loom

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