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The Latest Breaking News from Rachel Reeves

Live: UK growth forecast halved to 1%, Rachel Reeves says

The Chancellor blamed ‘increased global uncertainty’ as the watchdog warned she would have missed her goal of balancing the books without action.

Evening Standard

Rachel Reeves’ Spring Statement to Unveil Game-Changing National Living Wage Boost

From April 1, millions of workers across the UK are set to see a bit more cash in their pay packets, thanks to a bump in the National Living Wage.

The Fashion Central

John Healey challenged over £2.2bn defence boost as benefits to be slashed further

John Healey was challenged on whether national defence comes “even before the most vulnerable in society” as Rachel Reeves is set to cut benefits further in her spring statement on Wednesday, 26 March, while defence will see a boost in spending.

The Independent UK

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Spring Statement 2025: More benefits cuts and crackdown on tax avoiders announced as growth forecast halved

Rachel Reeves confirmed the Office for Budget Responsibility had revised the UK’s growth forecast for 2025 from 2% in the autumn to just 1% today

Evening Standard

Vistry cheers Labour’s affordable homes pledge after profits slump

The housebuilder saw pre-tax profits plunge 64% to £104.9 million in a ‘challenging’ 2024.

Evening Standard

Rachel Reeves set to announce further benefit cuts in Spring Statement

RACHEL Reeves is expected to announce further cuts in her Spring Statement on Wednesday, with more funding for the welfare budget expected to be…

The National (Scotland)

Reeves says poverty figures from spring statement cuts don’t take into account impact of getting people into work – as it happened

More than 3 million families will lose out as a result of sweeping cuts to welfare, official analysis shows

The Guardian - UK

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Rachel Reeves ‘set to impose further welfare cuts worth £500m’

The Office for Budget Responsibility is said to have rejected the Treasury’s saving estimates from last week’s welfare cuts, paving the way for even more difficult choices

The Independent UK

UK inflation falls by more than anticipated, in a boost to the government ahead of a key statement

Official figures show price rises in the U.K. moderated by more than anticipated in February, in a boost for Treasury chief Rachel Reeves before she delivers a statement to lawmakers about the state of the public finances

The Independent UK

UK Set To Cut Public Spending By Billions Of Pounds

Britain's finance minister Rachel Reeves is set to detail billions of pounds of spending cuts in her Spring Statement on Wednesday to address the country's ailing public finances.

International Business Times

Reeves poised to make further welfare cuts as budget watchdog gives its verdict

Chancellor Rachel Reeves will acknowledge she needs to go ‘further and faster to kickstart growth’ in her spring statement .

The Independent UK

University fined £585,000 for failing to uphold free speech

The Office for Students found the University of Sussex had failed to uphold freedom of speech

The Independent UK

Inflation falls to 2.8% in boost for Rachel Reeves ahead of spring statement

The chancellor is set to deliver her spring statement later on Wednesday

The Independent UK

UK inflation unexpectedly falls to 2.8% in boost for Reeves

The rate of Consumer Prices Index (CPI) inflation fell to 2.8% in February from 3% in January, the Office for National Statistics said.

The Independent UK

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Evening Standard

Rate of inflation falls to 2.8% amid high street fashion price war

Official figures in prices come just hours before the Chancellor’s Spring Statement

The Independent UK

Stock market today: Asian markets make modest advance after a slow day on Wall Street

Asian markets are mostly higher after Wall Street followed up one of its best days of the last year with a quiet day of trading

The Guardian - UK

Odds of Bank of England interest rate cut strengthen as inflation falls to 2.8%

Bigger-than-forecast decline in annual rate in February is positive news for Rachel Reeves

The Guardian - UK

Chances of May interest rate cut rise after UK inflation falls to 2.8% – as it happened

Rolling coverage of the latest economic and financial news, as pound dips after February’s inflation report

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The Guardian - UK

Five economic factors that will govern Rachel Reeves’s spring statement

The chancellor will deliver her spring statement on Wednesday, warning of tough spending cuts amid rising government borrowing costs

The Guardian - UK

Good morning Britain – prepare to be told yet again that decline is all you deserve

It’s Groundhog Day: the party may change but even under Labour, the script remains stubbornly the same, says Guardian columnist Owen Jones

The Independent UK

Ask political columnist Andrew Grice anything on Rachel Reeves’ spring budget

ASK ME ANYTHING: The Independent’s political commentator Andrew Grice is here to answer your questions about Rachel Reeves’ spring statement and its potential impact on the economy

The National (Scotland)

What time is Rachel Reeves's Spring Statement and how can I watch?

Chancellor Rachel Reeves is set to deliver her first Spring Statement — here's everything you need to know

The National (Scotland)

SNP urge Rachel Reeves to 'ditch Tory fiscal rules' instead of Spring Statement cuts

Rachel Reeves has sought to blame deteriorating public finances on a global rise in borrowing costs as she prepares to unveil a spring statement…

Evening Standard

What the papers say – March 26

Previews of the Chancellor’s spring statement feature heavily on the front pages of Wednesday’s newspapers.

Evening Standard

Reeves to address grim economic outlook as she faces budget watchdog’s verdict

Fiscal watchdog the OBR is reported to have warned that welfare cuts will not save ministers the £5 billion they had expected.

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