31 m. 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

80 m. ago Poorest Brits to benefit most from Rachel Reeves's Spending Review

The poorest Brits will benefit most from Rachel Reeves’s public sector spending spree but tax rises look likely in the autumn, think tank the Resolution Foundation has said

Politics

2 h. ago Gregor Poynton MP welcomes huge investment in Scotland following spending review announcement

Gregor Poynton MP has welcomed the Chancellor of the Exchequer's Spending Review, which confirms billions of pounds of investment to Scotland.

Economics

3 h. ago 'Sheer incompetence': John Swinney urged to cut taxes amid £1.1bn economic performance gap

The Scottish Conservatives say the First Minister should cut taxes following the Chancellor’s spending review.

Economics

4 h. ago Britain on track to become a ‘National Health State’, says thinktank

Resolution Foundation says half of all public spending will be allocated to the NHS and social care by the end of the decadeBusiness live – latest updatesBritain is on track to become a “National Health State” where half of all public spending is allocated to the NHS and social care by the end of the decade, according to a leading thinktank.Rachel Reeves used her spending review on Wednesday to prioritise billions of pounds for the NHS as she outlined Labour’s priorities up to the next general election, while squeezing funding for other areas. Continue reading...

Events

4 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

4 h. ago Voices: First the spending review, now the economy – what else lies in wait for Rachel Reeves?

Official figures showed UK plc plunged into the red in April, contracting by 0.3 per cent. There is no sugar-coating how bad of a result that is for the chancellor, writes James Moore

Economics

4 h. ago Reeves only a ‘gnat’s whisker’ from having to raise taxes in autumn, says IFS – UK politics live

Institute for Fiscal Studies says figures for projected departmental efficiencies savings from Treasury are not credibleReeves gambles on ‘renewing Britain’ to win voters’ trustRachel Reeves is now on ITV’s Good Morning Britain. Susannah Reid and Richard Madeley are interviewing her.Q: You must be disappointed about the growth figures? Continue reading...

Politics

5 h. ago Voices: UK aid cuts are even harsher than they first appeared. And the scale is horrifying

Many of us hoped the worst damage could be avoided, writes Sarah Champion, chair of the International Development Select Committee – but the spending review has dashed that

Politics

5 h. ago Tax hikes will come if economy shrinks any further, IFS warns Rachel Reeves

In a scathing assessment, the Institute for Fiscal Studies (IFS) suggested the Treasury was at times ‘making up the numbers’

Events

5 h. ago Voices: Yes, ‘Renewal’ Reeves needs to raise taxes – but how will she pull it off?

The chancellor’s fiscal headroom is already compromised by her commitment to tackle child poverty, writes Sean O’Grady. So she needs luck – and to be more boring than ever – to raise the revenue she desperately needs

Politics

5 h. ago The Spending Review: the property announcements in spending plans revealed

All the housing announcements from the Government’s Spending Review

Politics

6 h. ago Reeves slaps down Sadiq Khan for saying Met Police will have to impose cuts after spending review

London mayor Sir Sadiq warns the capital will have fewer officers in a rare ‘red on red’ clash with the Labour chancellor

Events

6 h. ago UK Government ‘committed’ to Acorn carbon capture project in Scotland – minister

Kirsty McNeill said the inclusion of development funding for the scheme in the spending review shows the Government’s support for it.

Politics

7 h. ago Rachel Reeves came out fighting — but there are big problems down the line

Analysis: Chancellor accused of unveiling a spending review which is ‘full off numbers, few of them useful’

Politics

7 h. ago Spending review in five charts: Who are the winners and losers in Rachel Reeves’ plan?

Departmental spending will increase by 2.3 per cent each year, with some areas seeing real-terms losses, writes Alicja Hagopian

Politics

8 h. ago The UK is turning into a 'National Health State', experts say after Rachel Reeves' spending review

The Resolution Foundation warned that funding for the NHS was increasingly coming at the expense of other public services

Science

8 h. ago Business news live: FTSE 100 flat as UK economy stalls after Asia stocks down overnight

Market reaction and business news ahead of the government’s spending review

Economics

8 h. ago Rachel Reeves refuses to rule out Autumn Budget tax rises as economy shrinks 0.3% in April

Latest GDP estimate worse than the 0.1% fall expected by economists

Economics

8 h. ago Government Spending Review 2025: Economy shrinks as NHS spending surges and struggling councils miss out

From a surprise economic slump and warnings of a “National Health State”, to council funding concerns, a 74 per cent house price surge, and rising Tesco sales - here are today’s top UK business stories.

Politics