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The Latest Breaking News from Rachel Reeves

Rachel Reeves has set herself a fiscal ‘trap’ ahead of spring statement, economists warn

Economists warn new forecasts likely to see chancellor’s headroom disappear because of higher borrowing costs and weak growth

The Independent UK

Whitehall departments ‘asked to reveal lowest priority spending’ ahead of Reeves’ planned cuts

Whitehall departments and the welfare budget are areas being targeted for spending cuts ahead of the Spring Statement

The Independent UK

Is Rachel Reeves about to fix Britain’s public finances on the backs of the poorest members of society?

THE INDEPENDENT VIEW: Editorial: As the chancellor prepares to present her plans for social security reforms she must assess whether her cost-cutting measures are unnecessarily punitive, or indeed realistic

The Independent UK

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Councils disappointed as London excluded from Government's £1.5bn plan to tackle deprivation

Chancellor Rachel Reeves promised to ‘reform’ the plan inherited from the Tories - but lack of new funding means London still won’t benefit from it

Evening Standard

Trump’s tariff plans will hit UK economy, top economists warn

The chancellor is plotting billions of pounds of spending cuts as economists warn Donald Trump’s tariffs will throw her growth plans into a spin

The Independent UK

Scottish Labour silent as Rachel Reeves to cut billions in welfare

Scottish Labour have remained silent amid reports that Rachel Reeves is planning billions of pounds of cuts to welfare spending ...

The National (Scotland)

Labour to cut welfare spending ‘by billions’ – what changes could they make?

Treasury insiders say welfare spending cuts will be in the ‘billions’

The Independent UK

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Labour accused of 'total betrayal' over plans for billions of pounds of welfare cuts

Labour have been accused of “breaking another election promise” to voters by the SNP after it emerged that Rachel Reeves is planning billions of…

The National (Scotland)

Labour minister says 'clue is in the name' to defend welfare cuts

A cabinet minister has said the “clue is in the name” when defending Labour’s plans to slash welfare spending ...

The National (Scotland)

Reeves plans billions in benefits and other spending cuts

Treasury sources warn ‘world has changed’ since chancellor’s Budget as more cuts loom

The Independent UK

Chancellor plans sweeping welfare cuts amid tariffs warning, higher inflation and increasing borrowing costs

A minister has defended the proposals saying there is a ‘moral case’ for cutting Britain’s welfare bill

Evening Standard

‘Moral case’ to cut welfare bill, says minister as Reeves bids to balance books

The Chancellor looks set to curb welfare spending and the cost of the Civil Service in her spring statement.

Evening Standard

Starmer highlights UK’s war record in implicit rebuke to Vance as Lib Dems mock Badenoch for defending him – as it happened

Interventions follow US vice president’s comments about ‘20,000 troops from some random country that has not fought a war in 40 years’

The Guardian - UK

Rachel Reeves vows to use defence spending to support UK’s ‘left behind’ industrial towns

Chancellor says increased military spending should support ‘British jobs and British industries’

The Guardian - UK

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The Independent UK

Trump’s tariffs will harm UK and lead to higher inflation, admits Rachel Reeves

US president facing retaliation from Canada and China after imposing long threatened tax on goods amid fears of a global trade war

Evening Standard

UK will not ‘pull up drawbridge’ to foreign firms to spend defence cash – Reeves

The Chancellor said she wanted the boost to defence spending to benefit UK firms but that there would always be a need to buy things from abroad.

Evening Standard

Treasury team urged to bus officials around England amid fears of ‘ignorance’

Labour MP Graham Stringer asked: ‘Can the Treasury minister provide coaches to send Treasury officials round the English regions?’

The Independent UK

Inheritance tax changes for farmers are ‘fair way to raise money’, says minister

Treasury minister James Murray defended the policy after MPs pressed for change in the Commons and farmers protested in Westminster.

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Evening Standard

UK considering ‘all options’ as Sunak presses for Russian assets to be seized

Chancellor Rachel Reeves told MPs that Russia should ‘pay for the damage that Russia has caused’ in Ukraine.

Evening Standard

Reeves promises to ‘fire up’ British defence industry

The Chancellor will accuse previous governments of ducking decisions on defence spending.

The Guardian - UK

Starmer welcomes Zelenskyy’s offer to work with Trump on Ukraine peace deal – as it happened

PM says any deal must be ‘lasting and secure’ following fiery Trump-Zelenskyy meeting last week and UK weekend summit

The Guardian - UK

Labour has humane and popular plans to stand up for UK workers. Why dilute them?

Angela Rayner’s employment rights bill is precisely why many voted for this government. Why be embarrassed about a defining policy?, asks Guardian columnist Gaby Hinsliff

International Business Times UK

Betrayed by Labour? 'Right to Switch Off' Scrapped: Now Your Boss Can Call You Any Time

The UK government has abandoned plans to give workers the 'right to switch off' outside of work hours, citing concerns about the financial impact on businesses.

The Guardian - UK

The Guardian view on Labour eyeing green cuts: they would undermine growth and climate goals

Editorial: Bold pledges to fund climate projects now appear under threat, exposing deeper fiscal constraints and policy dilemmas within the government

The Fashion Central

Bus Passes, NHS, and Pensions at Risk – Is Anything Safe from Keir Starmer’s Cuts?

Prime Minister Keir Starmer’s decision to slash foreign aid from 0.5% to 0.3% of GDP has raised eyebrows within his own party.

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