1 week ago Fresh embarrassment for Rachel Reeves as she is forced to admit accepting another lavish freebie

The Chancellor had to declare under parliamentary rules that she was given a free dinner and tickets, worth £265 in total, to see a play at the National Theatre in London.

Politics

2 w. ago Tens of thousands of British jobs at risk as Trump unveils 'Liberation Day' tariffs TONIGHT: Fears UK will be flooded with cheap Chinese goods and Rachel Reeves forced to hike taxes

Keir Starmer and Rachel Reeves have failed to carve out an exemption from the US president's trade war despite weeks of intense negotiations.

Events

2 w. ago Glasgow Labour leader calls on UK Government to scrap plans to cut disability benefits

EXCLUSIVE: Long-serving councillor George Redmond claimed the proposals were something a Tory chancellor could have announced.

Politics

2 w. ago DWP answers four biggest 'Pathways to Work' questions over health and disability benefits

The DWP's "Pathways to Work" plans, including PIP changes and the £5 billion benefits cuts, have led to a lot of questions from claimants, and they have finally given some answers

Politics

3 w. ago 'Angry, sad and frightened' protestors turn out in Welsh city against benefit cuts plan

'We are now lower members of society. We are not the great untouchables, we are people who still have a role in life and we deserve to be looked after and supported.'

Events

3 w. ago Trump tariffs: Britain scrambling to strike last minute deal to avoid 25% levies on car imports to US

The US president’s tariff on cars move came only hours after Britain’s budget watchdog warned the levies could force Chancellor Rachel Reeves to raise taxes or cut spending

Economics

3 w. ago Trump tariffs: Reeves says UK isn't planning to retaliate 'at the moment' after US President slaps 25% levies on car imports

The move came only hours after Britain’s budget watchdog warned Trump’s threatened tariffs on the UK could force Chancellor Rachel Reeves to raise taxes or cut spending

Politics

3 w. ago Donald Trump imposes 25% tariffs on car imports dealing new blow to UK and global economy

The move came only hours after Britain’s budget watchdog warned Trump’s threatened tariffs on the UK could force Chancellor Rachel Reeves to raise taxes or cut spending

Economics

3 w. ago More pressure on the NHS, disability benefits claimants 'degraded' and hiked stamp duty leaving first

Rachel Reeves has been forced to make further welfare cuts after the budget watchdog said the Government's plans will not save as much as ministers hoped.

Events

3 w. ago Economic growth forecast halved as Reeves blames global instability

Chancellor Rachel Reeves was forced to set out further cuts in public spending after the Office for Budget Responsibility’s verdict.

Economics

3 w. ago Rachel Reeves' NEW black hole: Chancellor's plans are ALREADY in tatters ahead of Spring Statement today as watchdog 'says her benefits cuts won't save £5bn'

The OBR is said to have batted away the government's estimate that reforms of work and disability handouts can curb £5billion from costs.

Economics

3 w. ago Odds of May interest rate cut rise after UK inflation falls to 2.8% – business live

Rolling coverage of the latest economic and financial news, as pound dips after February’s inflation reportFurther benefits cuts planned as Rachel Reeves forced to find extra £1.6bnFive economic factors that will govern Rachel Reeves’s spring statementSterling is weakening a little, after UK inflation fell by more than expected this morning.The pound has lost nearly a third of a cent against the US dollar to $1.2915.The market reaction to this data has been minimal, as the focus remains on the Spring Statement later today.The pound has dropped slightly, but GBP/USD is down less than 20 pips so far on Wednesday, the bond markets are not open, but we think that UK Gilts will also have a mild reaction to this data. Continue reading...

Economics

3 w. ago Rachel Reeves' plans are ALREADY in tatters ahead of Spring Statement TODAY as watchdog 'says her benefits cuts won't save £5bn'

The OBR is said to have batted away the government's estimate that reforms of work and disability handouts can curb £5billion from costs.

Economics

3 w. ago UK inflation falls to 2.8% ahead of Rachel Reeves’s spring statement – business live

Rolling coverage of the latest economic and financial news.Further benefits cuts planned as Rachel Reeves forced to find extra £1.6bnFive economic factors that will govern Rachel Reeves’s spring statementHere’s a chart showing the various price changes that pulled UK inflation down to 2.8% last month.Core inflation has also slowed in February, despite prices rising steadily in the services sector.“The Bank of England will be reassured by today’s fall in underlying inflation, with core inflation easing. We expect underlying inflationary pressures to fall further over the coming months. That will hopefully allow the MPC to look through the expected near-term increase in headline inflation and resume cutting interest rates in the upcoming May meeting.“Goods inflation fell to 0.8% in February, however ongoing trade frictions could push prices higher. With the potential imposition of tariffs, the cost of imported goods could increase, creating additional cost pressures for both businesse...

Economics

3 w. ago Further benefits cuts planned as Rachel Reeves forced to find extra £1.6bn

Chancellor risks wrath of Labour backbenchers with spring statement set to confirm deeper cutsRachel Reeves will make additional welfare cuts in her spring statement on Wednesday after the Office for Budget Responsibility rejected her estimate of savings from the changes announced last week.The chancellor hoped to shift the focus from the benefits cuts, which appalled some Labour backbenchers, to promising to “secure Britain’s future” with a £2.2bn increase to defence spending. Continue reading...

Economics

3 w. ago REVEALED: Tomorrow's Spring statement has a £45billion black hole. This is what you need to be prepared for

It is going to be bad, very bad. But it could be worse, a lot worse. In tomorrow's Spring Statement, Rachel Reeves will be forced to plug a £15billion gap in the public finances.

Economics

4 w. ago Reeves wriggles on Labour's economic slump: Chancellor denies triggering UK plc's slowdown as she admits 'hard' decisions coming on '£15bn' cuts in Spring Statement

Touring broadcast studios days before her crucial fiscal package, Rachel Reeves was forced to deny crushing activity by hiking taxes and talking down the economy.

Economics