Rachel Reeves will mark her first year in office as Chancellor on Saturday Politics
David Bolt also told a committee of peers that he does not feel optimistic about the ‘ability to smash the gangs’. Politics
The ONS said borrowing surged to £17.7 billion last month, the second highest figure on record for May Politics
The ONS said borrowing rose to £17.7 billion last month, the second highest figure on record for May. Politics
The rate of Consumer Prices Index inflation fell to 3.4% in May from 3.5% in April, the Office for National Statistics (ONS) said. Economics
The Treasury has promised hundreds of billions over the next decade for projects such as roads, railways and homes. Politics
The Office for Value for Money, established by Rachel Reeves last October, has worked with each Government department to find where they can save cash. Economics
Sadiq Khan said he was 'disappointed' that the review unveiled by the Chancellor had not committed to new infrastructure in the capital. Events
History of optimistic official outlooks fuels concern that Rachel Reeves will struggle to achieve goal of eliminating deficit Events
The Chancellor is said to have 'imposed' a funding settlement on Home Secretary Yvette Cooper yesterday ahead of Wednesday's Spending Review, after reaching an impasse in negotiations. Economics
Home Secretary Yvette Cooper is yet to settle with the Treasury amid bitter squabbling over police and borders funding. Politics
Chancellor still at negotiating table on Sunday as Home Office demands more cash Rachel Reeves has been locked in a standoff over the policing and council budgets just days before this week’s spending review, which is set to give billions to the NHS, defence and technology.Yvette Cooper’s Home Office and Angela Rayner’s housing and local government ministry were the two departments still at the negotiating table on Sunday fighting for more cash, after weeks of trying to reach a settlement. Continue reading... Economics