18 h. ago Chancellor Rachel Reeves promises to 'change the future' in Wales visit

Ms Reeves was visiting Wales in the wake of her decision to allocate Wales £445m for rail projects in her multi-year spending review this week

Politics

21 h. ago Tories demand OBR steps in to scrutinise Rachel Reeves' spending plans amid alarm that her sums don't add up without tax hikes

Conservative MP Gareth Davies, the shadow financial secretary to the Treasury, called for the watchdog to assess Chancellor Rachel Reeves' proposals.

Economics

23 h. ago DWP shares exact date Brits must be born by to get 2025 winter fuel payment

Chancellor Rachel Reeves confirmed that nine million people who had the £200-300 benefit axed last winter will get it this year

Politics

30 h. ago Readers Letters: Believe carbon capture project support when we see it

Chancellor Rachel Reeves says financial backing for the Acorn carbon capture and storage project is coming but when, asks reader

Politics

35 h. ago Any pride women felt about Rachel Reeves being the first female Chancellor has been flushed down the U

Labour has always had a woman problem and now it has the woman problem to end them all.

Politics

44 h. ago Finance convener calls on Scottish Government to ensure North Lanarkshire benefits from Chancellor’s spending review

Councillor Andrew Duffy-Lawson has urged the government at Holyrood to ensure that North Lanarkshire receives its fair share of the recently announced investment in Scottish public services as a result of the announcement from Chancellor Rachel Reeves.

Politics

44 h. ago Rachel Reeves hit with headache after economy shrinks amid fresh fears of tax hikes

The Office for National Statistics said the UK economy shrank by 0.3% in April. Meanwhile, experts are warning that council tax bills will rise following Chancellor Rachel Reeves's spending review

Economics

46 h. ago NHS waiting lists fall to lowest level in two years...but number of patients waiting over a year on the rise

The news comes after Chancellor Rachel Reeves gave the NHS a cash injection of an extra £29 billion per year.

Science

48 h. ago Tax rises will come if economy shrinks further, IFS warns Rachel Reeves after Spending Review

The Spending Review delivered by Chancellor Rachel Reeves has had a mixed response.

Events

51 h. ago Rachel Reeves fails to rule out future tax rises as economy shrinks

However, the Chancellor repeated her promise that she would not need to increase taxes on the same scale as last year.

Economics

52 h. ago Reeves pours cold water on Nato demands for more defence spending making clear it WON'T go over 2.5% of GDP before 2029 and hinting 3% will be the limit in the next Parliament

Chancellor Rachel Reeves stressed that Labour had only committed to hitting 2.5 per cent of GDP in the current Parliament.

Politics

55 h. ago Acorn project funding uncertainty as 'final decision' still to be made by Chancellor Rachel Reeves

Concerns have emerged over how much funding the Chancellor will hand over for the Acorn project.

Politics

55 h. ago Rachel Reeves seized her moment – whatever the future brings, Labour’s economic course is now set | Martin Kettle

The chancellor is no mere technocrat: her spending review revealed a visceral commitment to social and economic mobilityThe consensus has long been that the 2025 spending review would be a defining moment for Keir Starmer’s government. For once, the consensus proved spot-on. The government’s main priorities were set out on Wednesday in a blizzard of Commons announcements from Rachel Reeves, some economically substantive, others more for show. The upshot is that the shape of the British state, as Labour intends it, is now decided until the eve of the next election.There are further crossroads still to come, some of them major, as the years covered by the review unroll. Taxes are likely to rise, probably as soon as the autumn budget, to pay for Reeves’s big ticket boosts on Wednesday for defence, health and housing. Council tax could rise too, with possibly dramatic results. The review’s emphasis on capital spending means current spending could be squeezed again, perhaps heralding pay...

Economics

56 h. ago Treasury gains £500mn to pay off UK debt from Barings banker’s 1927 fund

Windfall in form of ‘patriotic gift’ comes as Chancellor Rachel Reeves strives to balance the books

Economics

62 h. ago Rachel Reeves pumps cash into NHS with 4million more tests and procedures to cut waits

The NHS and defence were big winners from the Chancellor's Spending Review as Rachel Reeves set out the Government's spending plans for the rest of the decade

Economics

64 h. ago Rachel Reeves warned tax rises are 'inevitable' as billions pledged for NHS and housing

Chancellor Rachel Reeves has pledged to put billions into the NHA and housing in hopes of "renewing Britain” but critics have said it was “almost inevitable” that their will be further tax rises

Events

64 h. ago 'Bombshell' council tax rise warning over Rachel Reeves' police funding plans

Chancellor accused of ‘relying on a hidden council tax bombshell to fund a half-hearted rise in police funding’ as she outlines Spending Review

Events

65 h. ago The Guardian view on Labour’s spending review: the chancellor tightened belts and loosened seams | Editorial

The government offers capital investment and fiscal prudence but real-terms department cuts and grand promises could strain political credibilityBrexit’s ghost haunts a Labour spending review intended to lay the foundations for a second term. Its headlines echo the twin themes of the referendum campaign: control immigration, fund the NHS. The chancellor, Rachel Reeves, said she would end the use of hotels for asylum seekers “in this parliament” saving £1bn a year, while NHS spending will rise by 3% a year. Ms Reeves framed it as a politics of security and compassion. Yet it reads as Brexit’s populist promises, filtered through Westminster orthodoxy.The risk is that this is all slogan and very little solution. The asylum savings are speculative, and the annual increase in NHS budgets is below its historical average. There are also real-terms cuts or essentially flat budgets for key departments such as transport, education and local government. The Home Office faces cuts deeper than a...

Politics

66 h. ago Voices: Rachel Reeves sounded like she was fighting for her political life

Delivering her spending review, the chancellor even made her theatrical opposite number look convincing – she needs to rediscover her firebrand energy and win Labour MPs back onside, says John Rentoul

Politics

67 h. ago What the spending review means for you: RACHEL RICKARD breaks down Reeves' spending spree

Chancellor Rachel Reeves has unveiled a Government spending spree on Britain's schools, hospitals and armed forces as critics immediately questioned how she would pay for it.

Politics