2 w. ago Spring Budget 2025 RECAP: Chancellor Rachel Reeves outlines spending cuts in Spring Statement

Chancellor Rachel Reeves has delivered her Spring Statement, confirming the 2025 growth estimate for the UK has been halved to 1 per cent by the government's official forecaster

Economics

2 w. ago Spring Statement calculator shows if you'll be better or worse off after Rachel Reeves statement

Use our calculator below to see how better or worse off after the Spring Statement after Rachel Reeves announced public spending cuts and major cuts to benefit payments

Politics

2 w. ago Read the Chancellor's Spring Statement in full: From welfare cuts to defence spending and national living wage

All 50 pages of the spring statement were issued as a PDF by the Treasury today after the Chancellor blamed 'increased global uncertainty' as the budget watchdog slashed its economic growth forecast.

Economics

2 w. ago Spring Budget 2025 LIVE: Chancellor Rachel Reeves outlines spending cuts in Spring Statement

Chancellor Rachel Reeves has delivered her Spring Statement, confirming the 2025 growth estimate for the UK has been halved to 1 per cent by the government's official forecaster

Economics

2 w. ago Spring statement: Reeves blames ‘global uncertainty’ for deeper spending cuts

Chancellor says tougher measures required to plug fiscal hole after Treasury watchdog halves 2025 growth forecastSpring statement: key pointsAnalysis: Reeves does reasonable job of justifying fiscal prudence but welfare cuts cast shadowPolitics live – updatesRachel Reeves blamed “global uncertainty” as she announced swingeing cuts to welfare and other public spending designed to plug a fiscal hole caused by soaring borrowing costs and sluggish economic growth.The chancellor told the Commons that the UK’s growth forecast for this year had been halved from 2% to 1% by the Treasury watchdog, which concluded that the chancellor would have missed her goal of balancing the books if she did not act. Continue reading...

Politics

2 w. ago Reeves announces welfare and spending cuts in Spring Statement

UK chancellor forced to make last-minute savings to shore up the nation’s finances

Economics

2 w. ago Spring Budget 2025 LIVE: Chancellor Rachel Reeves to outline spending cuts in Spring Statement

Welcome to The Scotsman’s live blog.

Economics

2 w. ago 'We are spending more and getting less': Wes Streeting gives damning verdict on NHS

Chancellor Rachel Reeves is set to announce billions of pounds of spending cuts at her Spring Statement later today as she scrambles to balance the books.

Politics

2 w. ago Spring Statement 2025: Rachel Reeves set to reveal spending cuts – follow live

Chancellor Rachel Reeves will present her first highly anticipated Spring Statement to parliament on Wednesday.

Politics

2 w. ago Five economic factors that will govern Rachel Reeves’s spring statement

The chancellor will address MPs on Wednesday, warning of tough spending cuts amid rising government borrowing costsWhat to expect from Rachel Reeves’s (brief) spring statementRachel Reeves will give her spring statement on Wednesday, with a warning that spending cuts are required because “the world has changed” amid rising government borrowing costs.After announcing deep cuts to welfare, provoking a fierce backlash within her party, the chancellor will present updated forecasts from the Office for Budget Responsibility (OBR) on the outlook for the economy and government finances. Continue reading...

Economics

3 w. ago Budget 2025 latest: Public want Reeves to tax super wealthy over cut spending in spring statement, poll says

The Chancellor of the Exchequer is under pressure to deliver in her spring statement

Economics

3 w. ago Spring Statement: Rachel Reeves needs AI to 'move needle' on economic growth, says Bank of England governor

The UK’s economy has been flatlining

Economics

3 w. ago Britons cutting back on spending as confidence in economy falls, survey shows

Most feel financial secure but think UK’s economy is worsening, as chancellor plans welfare cuts in spring statementConsumers are cutting back spending on everyday items amid falling confidence in the UK economy before Rachel Reeves’s spring statement, according to a survey.As the chancellor prepares to confirm billions of pounds in cuts to welfare and government spending on Wednesday, the research by KPMG showed growing numbers of people in Britain believed the economy was heading in the wrong direction. Continue reading...

Economics

3 w. ago Pensions, ISAs and stamp duty: The tough choices experts expect Rachel Reeves to make in the Spring Statement

Expert insight on where Ms Reeves could make changes - and why she won’t in other areas

Politics

3 w. ago Government not ‘blindly cutting spending’ or heading for austerity – minister

Chief Secretary to the Treasury Darren Jones also said cuts to spending at next week’s spring statement would not be an admission of economic failure.

Politics

3 w. ago Austerity fears grow as Reeves plans major spending cuts in spring statement

A swathe of spending cuts are expected in order to balance the books amid the worsening economic outlook

Politics

3 w. ago Chancellor Rachel Reeves prepares huge spending cuts to prevent tax hikes as spring statement looms

Whitehall budgets could be slashed by billions of pounds more than previously expected in a blow to public services

Economics

3 w. ago Chancellor to announce huge spending cuts in spring statement

‘I don’t know how much longer we can go on pretending this is not austerity’

Politics

3 w. ago UK politics live: Rachel Reeves ‘to announce biggest spending cuts since austerity’ in spring statement

Chancellor to lay out plans a week after Labour slashed welfare bill by £5bn

Politics

3 w. ago Where else will the axe fall as the economy stalls? Rachel Reeves 'must still slash £10bn from spending' in Spring Statement next week despite Labour uproar at crackdown on benefits

Rachel Reeves' Spring Statement next Wednesday had originally been billed as a low-key update, after she vowed only to hold one Budget a year.

Economics