5 d. ago GDP jump offers Rachel Reeves some light as UK enters Trump tariff tunnel

Growth defied forecasts that chancellor had hobbled economy, but trade war casts long shadowUK economy far exceeds forecasts to grow 0.5%Business live – latest updatesEarlier this year Rachel Reeves was being written off for having jeopardised Britain’s economy. The chancellor’s tax-raising autumn budget had sapped business investment, spooked the financial markets and put the jobs market at risk.The latest official figures showing stronger-than-expected economic growth of 0.5% in February will therefore come as a boost for the embattled chancellor, in a sign that the economy was in better health than her critics claimed. Continue reading...

Politics

6 d. ago Increased state pension will arrive in accounts from next week: How much will YOURS rise by?

The headline rate will be hiked by 4.1% under the triple lock - but not all elements of the state pension are increased to the same level.

Economics

9 d. ago Millions of Brits to get major DWP cash boost from today – exact amount explained

The increases to the State Pension is guaranteed under the triple lock promise and comes into effect on the first Monday of the new tax year as some Brits will be £472 better off

Economics

9 d. ago DWP issues state pension triple lock statement as millions to receive extra £470

Millions will receive an extra £470 a year in State Pension as payments increase - full list of new rates

Economics

9 d. ago Millions to get DWP state pension boost worth up to £472 from today

The triple lock guarantees the state pension goes up by whichever is higher out of inflation (using the previous September inflation figure), wages (average growth between May and July) or 2.5%

Economics

9 d. ago State Pension warning as bills and benefit cuts could 'wipe out' triple lock

The basic state pension rose by £361.40 this month under the triple lock formula - but this could be almost entirely eaten up by rising household bills

Events

1 week ago Keir Starmer's urgent statement on pension triple lock as OAPs get boost next week

The state pension will rise from next week but the Conservatives and Labour are at war over the triple lock - the guarantee that drives increases in the state pension

Politics

1 week ago DWP secretary Liz Kendall makes Triple Lock state pension announcement

The update comes as pensioners get an extra up to £470 from Sunday, and was echoed by Rachel Reeves

Politics

1 week ago Millions to get DWP state pension boost worth up to £472 next week

The triple lock guarantees the state pension goes up by whichever is higher out of inflation (using the previous September inflation figure), wages (average growth between May and July) or 2.5%

Economics

2 w. ago Starmer and Reeves face grilling as Trump prepares ‘liberation day’ tariffs

Economists have warned US tariffs could wipe out the Chancellor’s ‘headroom’ against her debt rules, requiring more cuts or tax rises.

Politics

2 w. ago PM braces for Trump to drop the bomb: Starmer admits UK WON'T be spared tariffs as Chancellor warns of huge hit to stalling economy

Keir Starmer has acknowledged the 'likelihood' that Britain will face hugely damaging levies on exports to the US on the president's so-called 'Liberation Day'.

Events

2 w. ago New DWP data prompts' inevitable' triple lock review – how it affects your pension

The state pension will rise by 4.1% from next month, but experts have warned that a review of the triple lock is now "inevitable" as new Department for Work and Pensions figures are released

Politics

3 w. 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

3 w. ago Chancellor insists Scotland’s economy should benefit from increased defence spending

Chancellor of the Exchequer, Rachel Reeves MP says Scotland should be in a position to prosper off the back of increased spending on defence.

Economics

3 w. ago Read the Chancellor's Spring Statement in full: From welfare cuts to defence spending and national living wage

All 50 pages of the spring statement were issued as a PDF by the Treasury today after the Chancellor blamed 'increased global uncertainty' as the budget watchdog slashed its economic growth forecast.

Economics

3 w. ago Spring statement: Reeves blames ‘global uncertainty’ for deeper spending cuts

Chancellor says tougher measures required to plug fiscal hole after Treasury watchdog halves 2025 growth forecastSpring statement: key pointsAnalysis: Reeves does reasonable job of justifying fiscal prudence but welfare cuts cast shadowPolitics live – updatesRachel Reeves blamed “global uncertainty” as she announced swingeing cuts to welfare and other public spending designed to plug a fiscal hole caused by soaring borrowing costs and sluggish economic growth.The chancellor told the Commons that the UK’s growth forecast for this year had been halved from 2% to 1% by the Treasury watchdog, which concluded that the chancellor would have missed her goal of balancing the books if she did not act. Continue reading...

Politics

3 w. ago So much for growth, growth, growth! Rachel Reeves admits forecast for economy HALVED with inflation higher

Chancellor Rachel Reeves stressed the grim realities facing the country as she delivered her Spring Statement to the Commons, arguing the 'world has changed'.

Economics

3 w. ago FTSE 100 Live 26 March: Inflation boost ahead of Chancellor statement, Ocado surges

Chancellor Rachel Reeves is set to announce welfare cuts and a boost to defence spending when she delivers a statement to parliament today.

Economics

3 w. ago FTSE 100 Live 26 March: Inflation cheer ahead of Chancellor statement, Vistry halts dividend

Chancellor Rachel Reeves is set to announce welfare cuts and a boost to defence spending when she delivers a statement to parliament today.

Economics

3 w. ago Don't shift the blame for failing economy, Reeves told: Chancellor prepares to unveil £15bn in new spending cuts

Rachel Reeves will today blame world events for Britain's faltering economy - as voters in a bombshell poll say it is her fault. The Chancellor is set to publish official forecasts later this afternoon.

Economics