The Latest Breaking News from Rachel Reeves

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

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.

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

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

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

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.

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

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