2 w. ago Reeves braced for OBR forecasts to blow £20bn hole in tax and spending plans

Downgrades by Treasury watchdog could force chancellor to raise taxes or cut spending at budget to meet fiscal rulesRachel Reeves is braced for revised forecasts by the Office for Budget Responsibility (OBR) to blow a £20bn hole in her tax and spending plans before the autumn budget.Even without changing the totals the chancellor set out in her spending review on Wednesday, a weaker forecast from the the Treasury’s independent watchdog could force her to find significantly more money at the budget to meet her “non-negotiable” fiscal rules. Continue reading...

Economics

3 w. 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

3 w. ago Tax rises 'almost inevitable' as IFS torches Rachel Reeves' spending plans warning NHS and defence will need topping up and cost

IFS director Paul Johnson said he would be 'very surprised indeed' if heath and defence funding did not need topping up before the next election.

Events

3 w. ago IFS torches Rachel Reeves' spending plans warning NHS and defence will need topping up and cost

IFS director Paul Johnson said he would be 'very surprised indeed' if heath and defence funding did not need topping up before the next election.

Events

3 w. ago Rachel Reeves' spending splurge plans are ALREADY in chaos after GDP fell 0.3% in April

GDP was down 0.3 per cent in April, worse than analysts had expected, and raising more questions about the realism of the Chancellor's splurge on services.

Events

3 w. ago ANDREW NEIL: Starmer's claim to be 'investing in Britain's renewal' is delusional drivel in a class of its own

'Our first job was to stabilise the economy and public finances,' Keir Starmer tweeted yesterday morning, a few hours before Rachel Reeves delivered Labour's spending plans.

Politics

3 w. 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

3 w. ago Reeves unveils record spending plans but experts warn of tax rises ahead

Chancellor announces £39bn boost for social housing, £29bn for NHS and £11bn for defence – and promises to close all asylum hotels as she takes a swipe at Farage and dismisses Tory warnings of a ‘cruel summer’ of tax rise

Events

3 w. ago Murray asks who Scots voters ‘trust to spend’ £9.1bn rise in funding

The Scottish Secretary was speaking after Chancellor Rachel Reeves laid out her spending plans for the next three years.

Economics

3 w. ago Spending review 2025 – live: Reeves criticised for ‘fantasy’ plan as economists warn tax hikes ‘very likely’

Chancellor Rachel Reeves insists she will never have to repeat last year’s Autumn Budget, when tax rises were announced

Events

3 w. ago Spend now, tax later! Rachel Reeves splurges on NHS and Net Zero... despite fears she has no idea where the money is coming from

Unveiling the Spending Review in the Commons, Chancellor Rachel Reeves claimed she is 'renewing Britain'.

Economics

3 w. ago What the Spending Review means for Scotland and the projects being funded

How the spending plans announced by Rachel Reeves will impact Scotland

Economics

3 w. ago Spending Review 2025 LIVE: Rachel Reeves sets out spending plans with 'biggest cash injection in social housing in 50 years'

Chancellor is laying out the Labour government’s day-to-day and capital spending plans

Economics

3 w. ago Brits on high alert for tax hikes as Rachel Reeves unveils spending plans: Chancellor splurges on NHS and Net Zero... despite fears she has no idea where the money is coming from

Unveiling the Spending Review in the Commons, Chancellor Rachel Reeves claimed she is 'renewing Britain'.

Economics

3 w. ago Labour's 'dangerous' spending spree stokes tax rise fears: Brits warned of looming increases as Rachel Reeves lays out 'unrealistic' spending plans TODAY

The Cabinet is signing off the spending review before the Chancellor announces the details in the Commons at lunchtime.

Events

3 w. ago Spending Review LIVE: Keir Starmer faces PMQs before Rachel Reeves sets out spending plans

There are fears the Chancellor’s Spending Review will see London miss out on key funding

Politics

3 w. ago Spending review 2025 – live: Rachel Reeves to unveil plans for £600bn budget

Sir Keir Starmer being quizzed at PMQs before chancellor set to outline Labour's spending plans for NHS, housing and defence

Economics

3 w. ago Spending Review Live: Rachel Reeves unveils Labour's funding plans as SNP to receive funding fate

Live updates as Chancellor Rachel Reeves unveils her spending review.

Economics

3 w. ago Spending Review recap: Rachel Reeves unveils Labour's funding plans as SNP to receive funding fate

Live updates as Chancellor Rachel Reeves unveils her spending review.

Economics

3 w. ago Live spending review updates as chancellor Rachel Reeves to announce plans

Wales' First Minister said she hopes 'something positive' will be announced for Wales

Politics