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The Latest Breaking News from Rachel Reeves

Watch: Rachel Reeves holds press conference after spring statement backlash

Watch again as Rachel Reeves held a press conference on 26 March following backlash to her spring statement.

The Independent UK

Government choosing weapons over public services – Michelle O’Neill

Northern Ireland’s First Minister said Chancellor Rachel Reeves had adopted a ‘turbo-charged Tory approach’ in her spring statement.

Evening Standard

Benefit cuts ‘will push quarter of a million people into poverty’

Reeves’ benefit cuts to plunge 250,000 people into poverty, government admits

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Spring statement: defence spending boosted as further disability benefit cuts announced – experts react

Not even six months on from Labour’s first budget, and the world is a much-changed place. Geopolitical tensions and uncertainties, already high last year, have risen further, and with them the cost of the UK’s debt, while economic growth has stalled. As such, Chancellor Rachel Reeves has confronted an array…

The Conversation

Martin Lewis gives verdict on spring statement as ISA reforms underway

The money expert focused on household income and rumoured ISA changes in his initial reaction

The Independent UK

Reeves announces plans to make state ‘leaner’ and ‘more productive’

Overall, day-to-day spending will drop by £6.1 billion by 2029/30 and will now grow by an average of 1.2% a year above inflation, the Chancellor said.

Evening Standard

What new Universal Credit cuts mean for you

THE UK Government has announced a fresh set of welfare reforms set to plunge hundreds of thousands of people into poverty.

The National (Scotland)

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Tax calculator: See how Rachel Reeves’ spring statement will affect you

Our calculator will help you to determine whether today’s announcements from the chancellor will leave you better or worse off

The Independent UK

Will families be £500 better off after Reeves’ Spring Statement? Here’s what experts say

The chancellor insisted families would be better off even as further welfare cuts were announced

The Independent UK

How Rachel Reeves’ welfare cuts will affect your benefits - and how much they’ll save

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

The Independent UK

Industry figures call for further investment in AI to boost UK economy

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

Evening Standard

Ex-Labour MP challenges Reeves over £150k salary and ‘freebie’s after welfare cut plunges 50,000 children into poverty

Former Labour MP Zarah Sultana challenged Rachel Reeves, who “has accepted £7,500 worth of free clothing and recently took freebie tickets to see Sabrina Carpenter”, on whether Wednesday’s spring statement represents the “change” promised at last year’s general election.

The Independent UK

Holyrood block grant to be cut as a result of Reeves’s welfare changes – Robison

The Scottish Finance Secretary addressed MSPs after the Chancellor’s spring statement on Wednesday.

Evening Standard

Scotland faces '£900m in cuts due to Chancellor's statement', expert analysis warns

SCOTLAND'S top respected financial institution has given an initial verdict on Rachel Reeves's Spring Statement, noting "significant…

The National (Scotland)

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Evening Standard

‘We’re all dreading April’ say pubs and salons ahead of business rates rise

Chancellor Rachel Reeves made no changes to an upcoming jump in rates in the spring statement on Wednesday.

The Independent UK

Video: Six key takeaways from Rachel Reeves’ spring statement

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.

Evening Standard

Chancellor has ‘reneged’ on her promises to the British people, Stride says

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

Evening Standard

OPINION - Tom Newton Dunn: Rachel Reeves' Spring Statement is turning Labour into a recruiting agency for Reform

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

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The Independent UK

Welfare reform will push 250,000 into poverty, Government’s own assessment says

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

Evening Standard

Tax rise warning for millions as Rachel Reeves refuses to rule out Autumn Budget raid after Spring Statement

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

Evening Standard

Income growth to stagnate as firms pass on taxes and benefits cut

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

Euronews

UK Spring Statement: Further budget cuts and halved economic growth

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.

The Guardian - UK

Rachel Reeves does reasonable job of justifying fiscal prudence but welfare cuts cast shadow

Chancellor was able to point to glimmers of hope in spring statement despite economic growth forecasts being slashed

The Guardian - UK

OBR warns of Trump tariff uncertainty as it downgrades UK growth

Treasury watchdog halves growth forecast to 1% for 2025 in report issued alongside spring statement

The Guardian - UK

Will Rachel Reeves’s tough decisions pay off? Our panel on the spring statement

The chancellor boosted defence spending while piling on further welfare cuts – all set against gloomy growth forecasts

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