6 h. ago Chancellor Rachel Reeves' prestige in tatters as she prepares to ditch her strict 'fiscal rules' designed to safeguard Labour's economic credibility

In an attempt to avoid a Liz Truss-style market meltdown, the Chancellor promised at the outset of the Labour Government that public finances would be in balance or surplus by 2030.

Economics

39 h. ago RACHEL REEVES: 'I will fight every day to put more money in working people’s pockets'

In an article for The Mirror, Chancellor Rachel Reeves says she recognises the 'cost of living crisis is still weighing down on families' - but promises to fight for working people

Economics

3 d. ago Martin Lewis warns savers of 'different restriction' despite Reeves backing down on Cash ISA shakeup

Chancellor Rachel Reeves has appeared to back down on plans to slash the cash Isa allowance, but money expert Martin Lewis has warned that savers shouldn't get too comfortable

Events

3 d. ago QUENTIN LETTS: What a day for the Chancellor to be away... she's in a scrap with Rayner, then PM does the dirty!

Where was the Chancellor, Rachel Reeves ? Her customary position next to Sir Keir was occupied by Yvette Cooper, radiating all her customary gaiety.

Politics

3 d. ago Acorn: Scotland's carbon capture project in doubt as Labour minister to 'bid' Rachel Reeves for funds

A UK minister has admitted having to ‘bid’ for funding from the Chancellor to finally get Scotland’s carbon capture project up and running.

Politics

3 d. ago Inflation is so high, even Rachel Reeves's voice is going up: Chancellor suffers from technical gaffe as inflation surges to 3.5%

An unfortunate technical error saw the under-fire chancellor discussing the rise in inflation to 3.5 per cent in tones more akin to Mickey Mouse.

Economics

3 d. ago Brits battered by soaring prices in 'awful April': Inflation surges to 3.5%

Cabinet minister Steve Reed acknowledged the rise in inflation was 'disappointing' - while Shadow chancellor Sir Mel Stride blamed Rachel Reeves for the hike in inflation.

Economics

3 d. ago Angela Rayner proposed array of tax rises in 'secret memo' to Rachel Reeves

Deputy Prime Minister set out proposals to reinstate the pensions lifetime allowance and change dividend taxes in the secret memo

Politics

4 d. ago Martin Lewis says 'read between the lines' on Rachel Reeves' ISA shake

Chancellor Rachel Reeves has backed down on alleged plans to slash the Cash ISA allowance from £20,000 to £4000, after much consternation from young people saving for a mortgage and retirees protecting their pension nest egg.

Politics

4 d. ago Deputy PM Angela Rayner sparks clash with chancellor Rachel Reeves by calling for EIGHT new tax hikes in raid on savers

The changes included reinstating the pensions lifetime allowance, changes to dividend taxes, a raid on a million people who pay additional rate income tax and a higher corporation tax level.

Politics

4 d. ago Rayner ‘suggested tax raid on savers’ to Reeves ahead of spring statement

Angela Rayner said to have suggested reinstating the pensions lifetime allowance and changing dividend taxes in leaked memo

Politics

4 d. ago Deputy PM Angela Rayner sparks clash with chancellor Rachel Reeves by calling for EIGHT new tax hikes in raid on savers

The changes included reinstating the pensions lifetime allowance, changes to dividend taxes, a raid on a million people who pay additional rate income tax and a higher corporation tax level.

Politics

4 d. ago Rachel Reeves hints at winter fuel allowance shift saying she is 'listening' to mounting disquiet from Labour MPs

Chancellor Rachel Reeves suggested she is considering the threshold at which the benefit is removed after the cut was seen as a factor in dire local election results.

Politics

6 d. ago Is Keir Starmer about to cave to Labour benefit rebels? Government could ease two

The two-child cap on handouts is said to be among measures that could be tweaked as the PM and Chancellor Rachel Reeves try to appease furious party backbenchers.

Politics

9 d. ago Average private school fees increase following government’s VAT rise

Chancellor Rachel Reeves said applying VAT to private school fees would help ‘provide the highest quality of support and teaching’ in the state sector

Politics

9 d. ago Relief for Rachel Reeves as economy records 0.7% growth in first quarter despite slowdown in March before NICs raid but ex

Chancellor Rachel Reeves hailed the 'strength and potential' of UK plc after official figures showed a 0.7 per cent expansion - quelling fears of a looming recession.

Politics

9 d. ago British economy grew by 0.7 per cent between January and March, official statistics say

Chancellor Rachel Reeves said the growth figures from the Office for National Statistics showed the Government was 'making the right choices' but acknowledged 'there is more to do'.

Politics

1 week ago Reeves hails pension funds’ vow to invest billions in UK infrastructure schemes

Chancellor Rachel Reeves has welcomed an agreement which could provide billions of pounds of investment for UK businesses and infrastructure schemes.

Economics

2 w. ago Lefty Labour MPs create new headache for Starmer by refusing to back benefit cuts despite warning party must break fiscal 'doom loop' to see off Farage

Fourteen MPs who entered the Commons just last year are among the signatories of a letter demanding he and Chancellor Rachel Reeves U-turn on cuts due to be voted on next week.

Events

2 w. ago Chancellor Rachel Reeves on track to miss fiscal rules by £63billion, says economic forecaster

Economic growth is also on track to be weaker than previously expected this year, according to the National Institute of Economic and Social Research

Economics