60 h. ago Who is running Britain’s economy – Rachel Reeves or Donald Trump?

The chancellor’s careful calculations for her spring statement are likely to be blown out of the water by a looming US trade war• From more tax to rewriting budget rules: six alternative ways Reeves could raise moneyAs Rachel Reeves powered through her spring statement on Wednesday, telling the country she was “restoring stability to the public finances” few in the House of Commons chamber seemed to know what to make of it all.Reeves’s message did not seem to resonate with the underlying mood of uncertainty and anxiety at home and abroad. Many Labour MP nodded loyally along with her, trying to impress the whips. Others on the government benches looked grave. Growth forecasts for this year had been halved. Money would have to be raised to meet the chancellor’s own fiscal rules, and the poorest would be the ones bearing the brunt. Continue reading...

Politics

5 d. ago ANDREW NEIL: How Rachel Reeves led to tax rises and MUCH worse after Spring Statement

A government that was elected last July with a core mission to boost Britain's economy was forced to announce the official Whitehall number cruncher had slashed its growth forecast in half.

Politics

6 d. ago Tax calculator: See how Rachel Reeves’ spring statement will affect you

Our calculator will help you to determine whether today’s announcements from the chancellor will leave you better or worse off

Politics

6 d. ago Spring Statement calculator shows if you'll be better or worse off after Rachel Reeves statement

Use our calculator below to see how better or worse off after the Spring Statement after Rachel Reeves announced public spending cuts and major cuts to benefit payments

Politics

6 d. ago Use our interactive calculator to find out how much more YOU could be paying in tax, alcohol duty and pension contributions after Rachel Reeves's dismal spring statement

Britons can find out how the spring statement will impact them and their household finances over the next 12 months by firstly inputting their salary into a widget by household money-saving tool Nous.

Economics

7 d. ago REVEALED: Tomorrow's Spring statement has a £45billion black hole. This is what you need to be prepared for

It is going to be bad, very bad. But it could be worse, a lot worse. In tomorrow's Spring Statement, Rachel Reeves will be forced to plug a £15billion gap in the public finances.

Economics

9 d. ago Chancellor Rachel Reeves warned families will be £1,400 worse off in grim analysis

In a blow to the Chancellor, a leading think-tank suggested by 2030 families will be on average £1,400 worse off than they are today - with a 3% drop in disposable income

Events

2 w. ago Body blow for Rachel Reeves after GDP fell 0.1% in January with worse to come from Budget tax raid and Trump's tariffs

GDP fell 0.1 per cent in January as production plunged despite the Chancellor's high-profile push for growth.

Economics

2 w. ago Body blow for Rachel Reeves after GDP fell 0.1% in January with fears of worse to come from Budget tax raid and Trump's tariffs

GDP fell 0.1 per cent in January as production plunged despite the Chancellor's high-profile push for growth.

Economics