11 h. ago Rachel Reeves says Labour MUST 'get a grip' on spiralling benefits bill as 'half the Cabinet' line up against plan for £5bn cuts amid revolt by Labour MPs

Chancellor Rachel Reeves voiced defiance despite half of Keir Starmer's top team apparently voicing alarm at the welfare proposals at their weekly meeting on Tuesday.

Economics

19 h. ago Rachel Reeves says increase in lending capacity will help UK defence sector

The Chancellor said the move came on top of increased defence spending by the Government.

Politics

27 h. ago Starmer faces down calls to change UK fiscal rules to avoid welfare cuts

Increasing number of Labour MPs are calling for tweaks to Rachel Reeves’ financial constraints

Politics

34 h. ago No10 'shocked' by scale of Labour fury at plans for £5bn benefits cut and 'adding safeguards for disabled' as Rachel Reeves desperately tries to avoid civil war while balancing books

An announcement on the measures had been expected yesterday, but has been delayed until next week amid a major operation to win over backbench sceptics.

Events

58 h. ago Frantic bid to quell Labour revolt on £5bn benefits cuts: Unions join backlash as MPs are called in for talks at No10 after announcement delayed

Measures to slash £5billion from the spiralling welfare bill had been expected yesterday, but have faced a furious backlash.

Economics

3 d. ago Benefits cuts 'delayed to next week' as Labour MPs revolt over 'rerun of austerity'

Work and Pensions Secretary Liz Kendall had been widely expected to unveil plans as soon as today, with ministers trying to slash £5billion from 'spiralling' benefits costs.

Politics

4 d. ago Labour MPs revolt over £5bn welfare cuts as ministers say axed workers should get more benefits than long

Labour MPs have been warning of 'deep concern' over 'draconian' curbs with details expected to be announced as soon as tomorrow.

Economics

4 d. ago Labour MP warns against ‘draconian cuts’ ahead of expected welfare reforms

Reforms to the welfare system are expected ahead of the Spring Statement at the end of this month.

Events

6 d. ago Minister pledges ‘best start’ for young women on International Women’s Day

International Women’s Day is marked on March 8.

Politics

8 d. ago Do you agree with Labour's plans to cut welfare costs? Vote in our poll

Treasury insiders say cuts to welfare spending and government budgets will be in the 'billions', as Rachel Reeves faces calls not to become "Labour's Austerity Chancellor" - and we want to hear your thoughts

Politics

9 d. ago Rachel Reeves plans huge cuts to benefits and public spending in Spring Statement

Rachel Reeves faces calls to step back from becoming 'Labour's austerity Chancellor' as she prepares to slash billions of pounds from welfare and other Government budgets

Politics

9 d. ago Starmer highlights UK’s war record in implicit rebuke to Vance as Lib Dems mock Badenoch for defending him – UK politics live

Interventions follow US vice president’s comments about ‘20,000 troops from some random country that has not fought a war in 40 years’In response to a question about intelligence cooperation with the US, Sir David Manning, a former ambassador to Washington, said he thought this would become “more difficult” because there was a problem of trust. He explained:If you have some of Trump’s appointees in these key jobs who have very strange track records, and have said very strange things about Nato allies, the Nato alliance and so on, and you have people in the administration who seem to be, let’s say, looking for ways of appeasing Russia, then you have a problem on the intelligence front, because these are not the values that we have. Continue reading...

Politics

9 d. ago Starmer highlights UK’s war record in implicit rebuke to Vance as Badenoch says she does not approve of ‘Twitter pile

Interventions follow US vice president’s comments about ‘20,000 troops from some random country that has not fought a war in 40 years’In response to a question about intelligence cooperation with the US, Sir David Manning, a former ambassador to Washington, said he thought this would become “more difficult” because there was a problem of trust. He explained:If you have some of Trump’s appointees in these key jobs who have very strange track records, and have said very strange things about Nato allies, the Nato alliance and so on, and you have people in the administration who seem to be, let’s say, looking for ways of appeasing Russia, then you have a problem on the intelligence front, because these are not the values that we have. Continue reading...

Events

1 week ago Treasury team urged to bus officials around England amid fears of ‘ignorance’

Labour MP Graham Stringer asked: ‘Can the Treasury minister provide coaches to send Treasury officials round the English regions?’

Politics

1 week ago Reeves should wield the axe: Britain needs an Iron Chancellor to dig us out of debt, says ALEX BRUMMER

Labour's great goal when Rachel Reeves took command at the Treasury was to bring stability and predictability in the public finances.

Politics

3 w. ago Reeves ‘absolutely committed’ to spending 2.5% of GDP on defence

Chancellor Rachel Reeves said an increase in spending in line with what Labour promised in its manifesto will be done ‘in the proper way’.

Politics

3 w. ago Labour row over benefit cuts as Rachel Reeves 'plots to reduce spending by £5billion but resist calls to spend it on defence or back

Chancellor Rachel Reeves is reported to want to cut the figure from state handouts for the disabled in her spring statement in March.

Economics

3 w. ago Now we'll all pay for Rachel Reeves' private school tax: Labour's VAT raid on private schools helps send inflation soaring to a ten

Experts, who warned there would be 'unforeseen consequences', say households will shoulder the burden of the higher borrowing costs.

Economics