47 h. ago UK economy was doing even better than previously thought under the Tories before Labour took power, figures show

The revised GDP data adds to the evidence of Rachel Reeves ' dismal stewardship just days after the Budget watchdog halved its forecast for growth this year.

Politics

3 d. ago ‘Good chance’ Reeves will have to raise taxes in autumn budget, thinktank says – UK politics live

Institute for Fiscal Studies also warns Reeves over her focus on sticking with fiscal rules regardless of real world eventsIn an interview with ITV’s Good Morning Britain, Rachel Reeves, the chancellor, said she would not accept free tickets for concerts again in the future.Asked about the controversy about her decision to accept two corporate tickets for a Sabrina Carpenter concert at the O2, she repeated the line that she used at her press conference yesterday – that a family member wanted to attend the concert (presumably one of her children, but she did not say that), and that she accepted tickets for a corporate box because security concerns meant it was not deemed safe for her to get normal tickets for the auditorium.I’m just saying I wouldn’t do it again. I felt I was doing the right thing. But I do understand perceptions.I am absolutely certain that our reforms, instead of pushing people into poverty, are going to get people into work.And we know that if you move from welfar...

Politics

3 d. ago Spring statement latest: Reeves won’t ‘escalate trade wars’ as Trump’s latest tariffs could hit UK economy

A 25 per cent tariff on vehicles imported to the US will come into effect on 2 April, the US president announced

Events

3 d. ago Reeves denies welfare cuts will increase poverty amid warning poorest set to be £500 a year worse off – UK politics live

The Resolution Foundation says the UK’s poorest will be £500 a year worse off by the end of the parliament due to the spring statementIn an interview with ITV’s Good Morning Britain, Rachel Reeves, the chancellor, said she would not accept free tickets for concerts again in the future.Asked about the controversy about her decision to accept two corporate tickets for a Sabrina Carpenter concert at the O2, she repeated the line that she used at her press conference yesterday – that a family member wanted to attend the concert (presumably one of her children, but she did not say that), and that she accepted tickets for a corporate box because security concerns meant it was not deemed safe for her to get normal tickets for the auditorium.I’m just saying I wouldn’t do it again. I felt I was doing the right thing. But I do understand perceptions.I am absolutely certain that our reforms, instead of pushing people into poverty, are going to get people into work.And we know that if you move ...

Events

3 d. ago Spring statement latest: Rachel Reeves refuses to rule out tax rises in autumn budget

Chancellor faces speculation she will be forced to find more money to balance the books

Economics

3 d. ago Rachel Reeves defends benefit cuts and denies further tax rises likely in autumn – UK politics live

Chancellor confirmed welfare cuts of £4.8bn in spring statement, but insisted the priority was to restore stability to the public finances Nick Robinson is interviewing Rachel Reeves on the Today programme now.Q: You promised just one budget a year, but yesterday you had to announce drastic cuts. What’s gone wrong?We’re not at the moment at a position where we want to do anything to escalate these trade wars.Trade wars are no good for anyone. It will end up with higher prices for consumers, pushing up inflation after we’ve worked so hard to get a grip of inflation, and at the same time will make it harder for British companies to export. Continue reading...

Politics

3 d. ago Spring statement latest: Reeves rejects warning that welfare reforms could push 250,000 into poverty

Chancellor faces speculation she will be forced to find more money to balance the books

Events

3 d. ago UK politics latest: Reeves refuses to rule out more cuts amid growing Labour backlash

Chancellor faces speculation she will be forced to find more money to balance the books

Politics

4 d. ago Spring statement 2025 live: Reeves refuses to rule out more cuts amid growing Labour backlash

Chancellor faces speculation she will be forced to find more money to balance the books

Politics

4 d. ago Spring statement: Should a Labour government be making these cuts? – Politics Weekly UK

Amid poor economic growth forecasts and global instability, Rachel Reeves is trying to balance the books by cutting spending on benefits. So why is a Labour government choosing this path? John Harris is joined by the Guardian’s political editor, Pippa Crerar, and political correspondent Kiran Stacey to unpick what was in the spring statement, and what it will mean for you Continue reading...

Politics

4 d. ago Spring statement 2025 live: Trump tariffs could wipe out Reeves’s thin margin of error on budget, OBR warns

Office for Budget Responsibility said the most “severe” scenario would ‘almost entirely eliminate’ the Chancellor’s £9.9 billion headroom against her fiscal rules

Events

4 d. ago Spring Budget 2025 RECAP: Chancellor Rachel Reeves outlines spending cuts in Spring Statement

Chancellor Rachel Reeves has delivered her Spring Statement, confirming the 2025 growth estimate for the UK has been halved to 1 per cent by the government's official forecaster

Economics

4 d. ago Rachel Reeves' welfare reform will push 250,000 into poverty, Government’s own assessment says

Charities had already reported a surge in calls and visits to their advice pages following welfare reform announcement

Politics

4 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

4 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

4 d. ago Spring Statement 2025 winners and losers including benefit claimants, first

Chancellor Rachel Reeves shared her Spring Statement to parliament today and as expected it was full of spending cuts - here is a full list of those who can be considered winners and the losers

Politics

4 d. ago Spring statement in full: Watch Rachel Reeves announce benefits cuts and £2.2bn defence boost

Watch as Rachel Reeves delivers her spring statement on the state of the UK economy on Wednesday, 26 March.

Economics

4 d. ago Spring Statement highlights: will Chancellor Reeves' 2025 statement leave UK residents better or worse off?

Reeves' Spring Statement is likely to have a mixed impact on the amount of cash in your pocket 💰

Politics

4 d. ago Spring statement 2025 live: OBR slashes economic growth forecast as 3m families to be hit by welfare cuts

Quarter of a million people, including 50,000 children, pushed into poverty by end of decade due to welfare reforms, according to government’s own impact assessment

Economics

4 d. ago Spring Statement 2025: Millions now face tax rises in 'blockbuster' autumn Budget, warns the IFS

The Chancellor was said to be at the ‘mercy of events’ by not building up a bigger fiscal cushion

Events