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UK politics live: Rachel Reeves ‘to announce biggest spending cuts since austerity’ in spring statement

Chancellor to lay out plans a week after Labour slashed welfare bill by £5bn



Rachel Reeves is expected to announce significant spending cuts in the upcoming spring statement, potentially the largest since austerity measures. She has reportedly ruled out tax increases. Keir Starmer highlights Barrow-in-Furness as a model for economic growth through defense spending, visiting the town and joining returning submariners. Jeremy Hunt acknowledges both exaggerated claims about the negative impacts of Brexit and the overly positive claims from Brexit supporters.

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