15 h. ago Budget 2025 latest: Reeves drops mention of economic growth after dire forecasts ahead of Budget

Chancellor to unveil series of measures in highly anticipated Budget on Wednesday

Economics

24 h. ago OBR to ‘downgrade growth forecasts for every year of this parliament’

The news will come as a major blow to the government, which has put economic growth at the centre of its plan for Britain

Politics

58 h. ago Reeves pledges to ‘grip cost of living’ in Budget as tax hikes expected

Chancellor Rachel Reeves is grappling with weak economic growth, persistent inflation and an expected downgrade to official productivity forecasts.

Economics

2 w. ago UK economic growth set to slump next year if income tax goes up, warns City forecaster

Research firm Morningstar slashes its GDP growth prediction from 1.5% to just 0.5% in 2026

Events

3 w. ago Housebuilders warn Labour will miss target of building 1.5m new homes in fresh Budget blow for Rachel Reeves

Developers are reported to have told the Office for Budget Responsibility (OBR) that its forecasts for economic growth from house building are too optimistic.

Events

3 w. ago Fresh blow for Reeves as house builders warn Labour will struggle to hit 1.5m homes target

The warning is likely to harm prospects for the OBR upgrading its forecast for economic growth from construction

Events

4 w. ago Rachel Reeves warns the rich will have to 'contribute' more taxes after Budget and can only say burden on squeezed middle earners will be kept as 'low as possible'

The Chancellor said the Government needed to ensure there is 'sufficient headroom' above its spending plans when she reveals her next fiscal package on 26 November.

Events

4 w. ago Rachel Reeves reveals tax rises and spending cuts ARE being considered at Budget as she scrambles for Gulf trade deal on Saudi Arabia visit

The Chancellor said the Government needed to ensure there is 'sufficient headroom' above its spending plans when she reveals her next fiscal package on 26 November.

Economics

4 w. ago Rachel Reeves scrambles to push through a Gulf trade deal as she bids to convince forecasters her growth plans will ease her need for tax rises

The Chancellor is using a visit to Riyadh this week to try to make progress on an agreement with the Gulf Co-operation Council (GCC).

Economics