29 h. ago The British firms set to be hardest hit by Trump's sweeping tariffs TODAY

It's only a week since Rachel Reeves unveiled her Spring Statement but her plan to balance the nation's books looks set to blown out of the water.

Politics

7 d. ago What Trump's trade war means for YOU: As tariffs throw markets into turmoil, what investors should do

The ink was barely dry on Rachel Reeves' Spring Statement before her plans to balance the nation's books were effectively blown out of the water.

Economics

7 d. ago What Trump's trade war means for YOU: As the President's tariffs throw markets into turmoil, read our expert's advice on what British investors should do to protect themselves

The ink was barely dry on Rachel Reeves' Spring Statement before her plans to balance the nation's books were effectively blown out of the water.

Economics

7 d. ago UK not planning retaliatory tariffs on US ‘at the moment’, Rachel Reeves says

President Donald Trump has announced a 25% tariff on vehicles imported to the US will come into effect on April 2.

Politics

8 d. ago What changes were made to welfare reforms in the spring statement?

Rachel Reeves announced some adjustments to key plans for benefits announced last week.

Politics

8 d. ago Spring Statement 2025 LIVE: Rachel Reeves warned economic plans could be derailed as UK growth forecast slashed

Chancellor Rachel Reeves has presented her first highly-anticipated Spring Statement to parliament.

Events

8 d. ago Spring statement 2025: Graphs reveal economic impact of Rachel Reeves' plans

GDP and productivity are not likely to grow at the pace that ministers had hoped

Economics

8 d. ago Rachel Reeves sets out £14bn plan to plug hole in UK public finances

Chancellor makes long-awaited announcement ahead of £24bn in tax rises from next month

Economics

8 d. ago Rachel Reeves warned of tax rises ahead despite £14bn plan to fix public finances

Chancellor makes cuts to welfare spending as economic forecasts slashed

Economics

8 d. ago Industry figures call for further investment in AI to boost UK economy

Chancellor Rachel Reeves used her spring statement to announce plans for more investment in AI technology for the public sector and defence.

Economics

8 d. ago Rachel Reeves announces MORE welfare cuts after watchdog judges Chancellor's previous benefits squeeze (announced only last week) was worth billions LESS than thought

The Chancellor put a further squeeze on benefits after the Office for Budget Responsibility said her previous action would not save as much as she'd hoped.

Economics

8 d. ago Donald Trump's trade tariffs plan could smash Rachel Reeves' hopes of a UK economic recovery as experts warn trade war would cut growth and raise inflation

The Office for Budget Responsibility (OBR) warned that if the protectionist US plan developed into a full-blown global trade war it could reduce UK GDP by a full 1 per cent on its own.

Economics

8 d. ago Spring Statement 2025 LIVE as Rachel Reeves to announce further DWP benefit cuts

The budget watchdog has warned that cuts to benefits announced last week will not save as much money as minister had hoped

Politics

8 d. ago Spring statement 2025: Chancellor to announce 'further benefits cuts' amid floundering growth

Rachel Reeves is understood to be planning to slash Britain’s welfare bill by another £500million

Politics

8 d. ago Rachel Reeves' NEW black hole: Chancellor's plans are ALREADY in tatters ahead of Spring Statement today as watchdog 'says her benefits cuts won't save £5bn'

The OBR is said to have batted away the government's estimate that reforms of work and disability handouts can curb £5billion from costs.

Economics

8 d. ago Odds of May interest rate cut rise after UK inflation falls to 2.8% – business live

Rolling coverage of the latest economic and financial news, as pound dips after February’s inflation reportFurther benefits cuts planned as Rachel Reeves forced to find extra £1.6bnFive economic factors that will govern Rachel Reeves’s spring statementSterling is weakening a little, after UK inflation fell by more than expected this morning.The pound has lost nearly a third of a cent against the US dollar to $1.2915.The market reaction to this data has been minimal, as the focus remains on the Spring Statement later today.The pound has dropped slightly, but GBP/USD is down less than 20 pips so far on Wednesday, the bond markets are not open, but we think that UK Gilts will also have a mild reaction to this data. Continue reading...

Economics

8 d. ago Rachel Reeves' plans are ALREADY in tatters ahead of Spring Statement TODAY as watchdog 'says her benefits cuts won't save £5bn'

The OBR is said to have batted away the government's estimate that reforms of work and disability handouts can curb £5billion from costs.

Economics

8 d. ago UK inflation falls to 2.8% ahead of Rachel Reeves’s spring statement – business live

Rolling coverage of the latest economic and financial news.Further benefits cuts planned as Rachel Reeves forced to find extra £1.6bnFive economic factors that will govern Rachel Reeves’s spring statementHere’s a chart showing the various price changes that pulled UK inflation down to 2.8% last month.Core inflation has also slowed in February, despite prices rising steadily in the services sector.“The Bank of England will be reassured by today’s fall in underlying inflation, with core inflation easing. We expect underlying inflationary pressures to fall further over the coming months. That will hopefully allow the MPC to look through the expected near-term increase in headline inflation and resume cutting interest rates in the upcoming May meeting.“Goods inflation fell to 0.8% in February, however ongoing trade frictions could push prices higher. With the potential imposition of tariffs, the cost of imported goods could increase, creating additional cost pressures for both businesse...

Economics

8 d. ago Further benefits cuts planned as Rachel Reeves forced to find extra £1.6bn

Chancellor risks wrath of Labour backbenchers with spring statement set to confirm deeper cutsRachel Reeves will make additional welfare cuts in her spring statement on Wednesday after the Office for Budget Responsibility rejected her estimate of savings from the changes announced last week.The chancellor hoped to shift the focus from the benefits cuts, which appalled some Labour backbenchers, to promising to “secure Britain’s future” with a £2.2bn increase to defence spending. Continue reading...

Economics

1 week ago 50,000 people could lose jobs as Rachel Reeves unveils new plan

Unions have warned people will see a reduction in service

Politics