A 25 per cent tariff on vehicles imported to the US will come into effect on 2 April, the US president announced
Following Rachel Reeves's spring statement, concerns are rising about potential tax increases or spending cuts in the autumn Budget due to a weakening economic forecast and the threat of US tariffs. Economists warn Reeves may not have enough financial headroom, and a poll shows Labour support declining after benefit cuts. While Reeves denies further tax rises, she doesn't rule them out. Welfare cuts are facing backlash, with concerns they will disproportionately affect lower-income families and increase poverty.
