The Latest Breaking News from Rachel Reeves

The chancellor has revealed how benefits will be changing for millions of claimants

Chancellor Rachel Reeves used her spring statement to announce plans for more investment in AI technology for the public sector and defence.

Rachel Reeves unveiled a £14bn package to repair finances, which included cuts to welfare, in her spring statement on the state of the UK economy on Wednesday, 26 March.

The shadow chancellor described Ms Reeves as a ‘gambler’ who has ‘clobbered’ businesses.

Jean-Claude Juncker was a Marmite politician. You liked him or you hated him.

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

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

Disposable income growth will vary significantly around the 0.5% five-year average, the OBR said.

Britain's Chancellor of the Exchequer Rachel Reeves has laid out the latest on UK public finances. Her statement arrives at a moment when the nation needs to find billions to boost defence spending against the backdrop of an ailing economy. Here are the key takeaways.