The Latest Breaking News from Rachel Reeves

Rachel Reeves will meet American counterpart Scott Bessant for talks on an economic deal between the US and UK

THE INDEPENDENT VIEW: Editorial: The IMF’s downgrade of global growth forecasts, a direct result of US tariffs, will only add to the pressure on chancellor Rachel Reeves to make the case during her visit to Washington for a fabled US-UK free trade agreement

The downgrade to Britain’s growth forecasts heightens the importance of Rachel Reeves securing a trade deal for the UK

NEWS ANALYSIS: IMF downgrade lays bare the impact of Trump’s tariffs, with experts warning there could be more pain to come unless chancellor can secure a US-UK trade deal. Kate Devlin reports

Global lender cuts forecasts for every major economy, with UK expected to grow by 1.1% this year, down from 1.6%

Prime Minister Sir Keir Starmer describes the introduction of free breakfast clubs in England as a ‘game-changing moment’ for families

Growth forecasts for most advanced countries have been cut, as IMF warns that trade tensions will hurt economic activity

Failing to scrap the limit could put child poverty at its highest level since records began by the end of this parliament, charities have warned

Officials say UK faces a ‘new economic reality’, but chancellor will not strike US deal at any cost