9 d. ago GDP jump offers Rachel Reeves some light as UK enters Trump tariff tunnel

Growth defied forecasts that chancellor had hobbled economy, but trade war casts long shadowUK economy far exceeds forecasts to grow 0.5%Business live – latest updatesEarlier this year Rachel Reeves was being written off for having jeopardised Britain’s economy. The chancellor’s tax-raising autumn budget had sapped business investment, spooked the financial markets and put the jobs market at risk.The latest official figures showing stronger-than-expected economic growth of 0.5% in February will therefore come as a boost for the embattled chancellor, in a sign that the economy was in better health than her critics claimed. Continue reading...

Politics

2 w. ago Citizens Advice Scotland calls for access to banking for all

Wednesday’s Spring Statement from Rachel Reeves ruffled fewer personal finance feathers than her Autumn Budget, which caused a huge flap about changes to Inheritance Tax and pensions.

Politics

3 w. ago It's time we wiped the smirks off the smug little faces of all the benefit cheats pretending to be disabled. These scroungers should be ASHAMED

The Chancellor Rachel Reeves is, rightly, raising the bar on who can qualify for disability benefits. She may be wrong in a lot of respects, but on this I can't fault her.

Politics

3 w. ago UK politics live: Rachel Reeves may raise taxes ‘even further’ in autumn budget, IFS warns

Ms Reeves has denied there would be further tax rises or spending cuts at the Budget in the autumn but stopped short of ruling them out entirely

Events

3 w. ago Wealthy and pensioners at risk of new tax raid in autumn Budget, experts warn

Labour chancellor has stopped short of ruling out further tax rises or spending cuts at the Budget

Events

3 w. ago ‘Good chance’ Reeves will have to raise taxes in autumn budget, thinktank says – UK politics live

Institute for Fiscal Studies also warns Reeves over her focus on sticking with fiscal rules regardless of real world eventsIn an interview with ITV’s Good Morning Britain, Rachel Reeves, the chancellor, said she would not accept free tickets for concerts again in the future.Asked about the controversy about her decision to accept two corporate tickets for a Sabrina Carpenter concert at the O2, she repeated the line that she used at her press conference yesterday – that a family member wanted to attend the concert (presumably one of her children, but she did not say that), and that she accepted tickets for a corporate box because security concerns meant it was not deemed safe for her to get normal tickets for the auditorium.I’m just saying I wouldn’t do it again. I felt I was doing the right thing. But I do understand perceptions.I am absolutely certain that our reforms, instead of pushing people into poverty, are going to get people into work.And we know that if you move from welfar...

Politics

3 w. ago Spring statement latest: Rachel Reeves refuses to rule out tax rises in autumn budget

Chancellor faces speculation she will be forced to find more money to balance the books

Economics

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 Reeves ‘absolutely certain’ welfare cuts will not push people into poverty

The Chancellor denied there will be further tax rises or spending cuts at the autumn budget in order to balance the books.

Politics

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 Spring statement will lead to six months of ‘damaging speculation’, IFS warns

The Institute for Fiscal Studies said Rachel Reeves’ adherence to fiscal rules will lead to speculation about tax hikes in the autumn budget.

Events

3 w. ago Millions now face tax rises in 'blockbuster' autumn Budget, warns the IFS after Rachel Reeves Spring Statement

The Chancellor was said to be at the ‘mercy of events’ by not building up a bigger fiscal cushion

Events

3 w. ago Spring Statement 2025: Millions now face tax rises in 'blockbuster' autumn Budget, warns the IFS

The Chancellor was said to be at the ‘mercy of events’ by not building up a bigger fiscal cushion

Events