42 m. 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

47 m. 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

68 m. ago Reeves pours cold water on Nato demands for more defence spending making clear it WON'T go over 2.5% of GDP before 2029 and hinting 3% will be the limit in the next Parliament

Chancellor Rachel Reeves stressed that Labour had only committed to hitting 2.5 per cent of GDP in the current Parliament.

Politics

77 m. 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

84 m. 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

89 m. 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

1 hour ago Economy shrinks by more than expected amid record fall in exports to the US

Exports to America fell at the fastest pace on record, down £2 billion in April, according to the ONS.

Politics

1 hour 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

2 h. 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

2 h. ago Blow for Rachel Reeves after UK economy shrinks by more than expected

The UK economy contracted by 0.3% in April, according to the Office for National Statistics.

Politics

3 h. ago The two neighbourhoods in Greater Manchester first in line for a £20m boost

Rachel Reeves said the funding will be used to improve parks, youth facilities, swimming pools and libraries and support councils

Economics

3 h. ago Acorn project funding uncertainty as 'final decision' still to be made by Chancellor Rachel Reeves

Concerns have emerged over how much funding the Chancellor will hand over for the Acorn project.

Politics

3 h. ago Rachel Reeves seized her moment – whatever the future brings, Labour’s economic course is now set | Martin Kettle

The chancellor is no mere technocrat: her spending review revealed a visceral commitment to social and economic mobilityThe consensus has long been that the 2025 spending review would be a defining moment for Keir Starmer’s government. For once, the consensus proved spot-on. The government’s main priorities were set out on Wednesday in a blizzard of Commons announcements from Rachel Reeves, some economically substantive, others more for show. The upshot is that the shape of the British state, as Labour intends it, is now decided until the eve of the next election.There are further crossroads still to come, some of them major, as the years covered by the review unroll. Taxes are likely to rise, probably as soon as the autumn budget, to pay for Reeves’s big ticket boosts on Wednesday for defence, health and housing. Council tax could rise too, with possibly dramatic results. The review’s emphasis on capital spending means current spending could be squeezed again, perhaps heralding pay...

Economics

4 h. ago No new money to help cut UK business’s energy costs in spending review

Talks on scheme failed to reach deal before Wednesday’s announcement

Economics

4 h. ago Treasury gains £500mn to pay off UK debt from Barings banker’s 1927 fund

Windfall in form of ‘patriotic gift’ comes as Chancellor Rachel Reeves strives to balance the books

Economics

7 h. 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

9 h. ago Migrant hotels to close... by 2029! Rachel Reeves vows to end use of 'costly' scheme

The Chancellor pledged that migrants would be moved out of hotel accommodation by the time of the next general election , due in 2029.

Events

9 h. ago A reckless splurge we (and our children) will be paying off for years: Voters brace for tax hikes as Rachel Reeves embarks on unprecedented spending spree

In a return to Labour's tax-and-spend approach, the Chancellor set out plans to 'invest' a staggering £4 trillion to fund 'the renewal of Britain'.

Economics

11 h. ago NHS to receive £6bn to provide millions more tests and procedures, Reeves confirms

Rachel Reeves has pledged a £6bn investment aimed at accelerating tests and treatments within the NHS, following substantial year-on-year budget increases for the health service.

Economics

11 h. 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