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The Latest Breaking News from Rachel Reeves

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

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 Guardian - UK

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

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 Independent UK

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…

The National (Scotland)

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

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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.

Evening Standard

Charities and health experts warn welfare cuts could cost lives

The Government will release an impact assessment indicating how many people will be hit by its benefits reforms.

Evening Standard

Reeves admits ‘further and faster’ action is needed to kickstart growth

Before the statement, the Office for Budget Responsibility will publish its forecast on the UK economy, which is widely expected to slash its forecast for economic growth

The Independent UK

Reeves to announce extra £2.2bn defence spending in spring statement

On Wednesday, the Chancellor is expected to say the UK ‘must move quickly in a changing world’.

Evening Standard

Further benefits cuts planned as Rachel Reeves forced to find extra £1.6bn

Chancellor risks wrath of Labour backbenchers with spring statement set to confirm deeper cuts

The Guardian - UK

Rachel Reeves to announce extra £2.2billion defence spending in Spring Statement

Ms Reeves will insist the spending is the ‘right decision in a more insecure world’

Evening Standard

Global rise in borrowing costs to blame for UK’s higher debt spending – Reeves

Rising borrowing costs are expected to eliminate the Chancellor’s headroom against her self-imposed fiscal rules.

The Independent UK

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The Independent UK

Reeves gets budget watchdog’s verdict as she hunts for elusive economic growth

Chancellor Rachel Reeves will set out how she will balance the books against a backdrop of economic stagnation.

The Independent UK

Reeves to take on unions in showdown over austerity Budget

A defiant chancellor will deliver her spring statement against a background of threats from trade unions and discontent from the Labour left

The Guardian - UK

Rachel Reeves: For the umpteenth time, it’s not an emergency budget!

WhatsApp exclusive: PM and cabinet in upbeat mood ahead of tomorrow’s eagerly anticipated emergency budget … erm, spring statement

Evening Standard

Sabrina Carpenter tickets: What's the ministerial code? ...The Standard podcast

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The Independent UK

What to expect from Rachel Reeves’ spring statement

Chancellor Rachel Reeves will give an update on her plans for the UK economy in her spring statement on Wednesday, 26 March.

Evening Standard

Spring Statement 2025 LIVE: Rachel Reeves warned economic plans could be derailed as UK growth forecast slashed

Chancellor Rachel Reeves has presented her first highly-anticipated Spring Statement to parliament.

The Independent UK

Benefits reform and jobs cuts: The political headaches for Labour in Reeves’ spring statement

Labour chancellor set to squeeze Whitehall budgets by up to 7 per cent

Evening Standard

Spring Statement 2025: What you can expect including taxes, benefits and spending cuts

The Chancellor is expected to reveal significant cuts to the Civil Service as well as unveil further details of the cuts to benefits and disability payments

The Guardian - UK

What to expect from Rachel Reeves’s (brief) spring statement

Talk of tough choices ahead, an increase in debt financing, and more initiatives to promote growth

The Conversation

Our research shows the harm the two-child limit on benefits is doing. Only scrapping it can end this

Since the UK Labour government took office in summer 2024, calls have intensified to scrap both the “two-child limit” – which restricts support for children through universal credit to two children – and the overall benefit cap. With Chancellor Rachel Reeves resisting this pressure as she tries to manage deteriorating…

Evening Standard

February inflation set to ease in ‘calm before storm’ of April bill hikes

The latest inflation data will be published on Wednesday, the same day the Chancellor delivers her spring statement.

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