The Latest Breaking News from Rachel Reeves

Much has been said about UK chancellor Rachel Reeves’ self-imposed fiscal rules, and her repeated assertion – which she included in the spring statement – that they are “non-negotiable”. Of course, this is true if you’re not prepared to listen to alternatives, but in the real world there is no…

The Prime Minister said he would not ‘write future budgets’ ahead of time.

Chancellor may have to reconsider pledge not to raise taxes in light of ‘risky and changing world’, thinktank says

It was a morning from hell for the chancellor. After the spring statement and Trump’s overnight tariffs, time for a kicking

A minister has refused to rule out giving tech giants a tax break in a bid to exempt Britain from US tariffs – after Donald Trump announced new…

It’s true that too few homes are being built in London but without making it easier to buy too, developers will never build at scale

Government faces challenge from its own benches amid controversy surrounding benefits cuts

Chancellor has stopped short of ruling out further tax rises or spending cuts at the Budget as new poll reveals public losing confidence in Labour following spring statement

Sir Stephen Timms was seeking to reassure MPs who continue to express concerns over the impact of the welfare cuts on tens of thousands of people.

Chancellor was quizzed on controversial decision to cut benefits

Chancellor Rachel Reeves, whose Labour Party has promised an end to austerity, unveiled billions of pounds of new cuts on Wednesday.