2 h. ago NHS to get up to £30bn as other services squeezed in spending review

NHS leaders warn expected settlement will not be enough to enable recovery and reform

Economics

2 h. ago Voices: Rachel Reeves is undermined by a ‘spend now, pay later’ prime minister

John Rentoul says Keir Starmer is guilty of Trussonomics, albeit on a smaller scale, making promises without knowing how to pay for them – hoping that the chancellor can sort it out later

Politics

3 h. ago Pensions report cuts Reeves’ planned growth funds from £160bn to £11bn

Chancellor had anticipated surpluses from final salary schemes would boost investment in UK economyPlans to invest £160bn of surplus funds from final salary pension schemes to boost the UK economy over the next 10 years have been dealt a blow by a Whitehall assessment that found there was likely to be little more than £11bn available to spend.In a knock to Rachel Reeves’s growth agenda, a report by civil servants at the Department for Work and Pensions (DWP) found that the expected surpluses in occupational schemes would be used by businesses to offload their pension liabilities to insurance companies. Continue reading...

Economics

5 h. ago Warning UK’s housing crisis will deepen if Reeves makes further cuts in spending review

Exclusive: Building new social housing is facing a ‘cliff edge’ because of a lack of funds, experts say – as Rachel Reeves and Angela Rayner battle over budget plans

Events

6 h. ago NHS to get up to £30 billion as other services squeezed in spending review

NHS leaders warn expected settlement will not be enough to enable recovery and reform

Economics

7 h. ago Angela Rayner faces Labour backbench rebellion over her plans to build 1.5million new homes in England by 2029

In the latest a blow to Ms Rayner's housebuilding target, one Labour MP has threatened to trigger civil war over his demands to find a 'progressive alternative' to parts of her proposals.

Politics

49 h. ago Reeves hits back at spending review critics claiming ‘my choices are Labour choices’

Exclusive: As a cabinet civil war heats up over her spending review, Rachel Reeves has written for The Independent defending her motivations and choices as chancellor

Events

53 h. ago What is Rachel Reeves’ spending review and what might the chancellor announce?

The Independent looks at what the spending review is, why the government has launched one and what is expected to be in it

Politics

54 h. ago Who would be a Chancellor? Rachel Reeves faces some horrible decisions next week

The Spending Review won’t address the big issue - the Chancellor will need to find more money later in the year.

Politics

54 h. ago Tony Blair think tank urges Rachel Reeves to invest billions and not just ‘balance the books’ in spending review

Britain facing cuts after chancellor doubled down on her manifesto pledge not to raise taxes to fund Labour’s spending plans

Economics

2 d. ago Reeves doubles down on pledge not to raise taxes as Britain faces cuts

The chancellor has insisted she can stick to manifesto spending pledges as experts question her grasp of the nation’s finances

Politics

2 d. ago Reeves announces £15bn for transport outside London ahead of spending review | ITV News

Reeves announces £15bn for transport outside London ahead of spending review | ITV News  ITVX

Economics

3 d. ago Voices: ‘Raising taxes is political suicide’: Readers tackle uncomfortable truth behind UK’s growth slump

Our community is sharply divided over how Rachel Reeves should fix the country’s finances. While some urged spending cuts over tax rises, others insisted ‘we really can’t afford to support the lifestyles of the mega wealthy’

Politics

3 d. ago Badenoch challenges Starmer at PMQs over winter fuel payment U

Tory leader says PM should apologise to pensioners and asks how U-turn will be fundedReeves says her changes to the fiscal rules last year will make more investment possible.The decisions that we made in October mean that, for the first time, the Treasury actually takes account of the benefits and not just the costs of investment, and together, the fiscal rules mean that, unlike our predecessors, we will not be balancing the books by cutting investment.And that is why we can increase investment by over £113bn more than the last government plans, meaning public investment will be at its highest sustained level since the 1970s.I have had to say no to things that I want to do too, but that is not because of my fiscal rules. It is the result of 14 years of Conservative maltreatment of our public services, our public realm and of our economy. Continue reading...

Politics

3 d. ago Chancelbore of the Exchequer: Weary factory workers steal the show in the background at Rachel Reeves' trains and spending speech

Lined up behind the Chancellor of the Exchequer at their site in in Rochdale, Greater Manchester they appeared pretty disinterested in proceedings.

Economics

3 d. ago Voices: Are Rachel Reeves and Keir Starmer in denial about the ‘T’ word?

In a key speech in Rochdale, the chancellor stuck to Labour's manifesto pledge not to raise income tax, national insurance for employees and VAT, saying she had ‘absolutely no intention’ of repeating the £40bn tax hike in her first Budget. Her words may well come back to haunt her, warns Andrew Grice

Politics

3 d. ago UK politics live: Starmer accused of chaos over winter fuel U

Starmer facing questions at PMQs

Politics

3 d. ago UK politics live: Reeves insists no new taxes and vows winter fuel U

Reeves has unveiled billions in investments to upgrade public transport networks

Politics

3 d. ago Millions more pensioners to get winter fuel payments this year, Rachel Reeves confirms after major U

The Chancellor said the changes to winter fuel payments will come into force this year

Economics

3 d. ago Reeves to stick to fiscal rules amid budget wrangles ahead of spending review

The Chancellor said there were ‘good things’ that would not be able to happen due to the tight spending settlement.

Economics