Rachel Reeves is poised to announce further welfare cuts during her spring statement amid intensified scrutiny following the Office for Budget Responsibility’s (OBR) assessment of her fiscal reforms. The Chancellor
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Institutional investors are rapidly divesting from the pound in the lead-up to Chancellor Rachel Reeves’s spring statement, set to unveil significant fiscal policy changes. The abrupt shift comes as investors
The UK government, under Labour’s leadership, may be eyeing significant cuts to civil service jobs as part of its spring budget strategy. Up to 50,000 roles could be eliminated in
Government borrowing has exceeded official expectations by over £20 billion in the year to February, placing significant pressure on Chancellor Rachel Reeves ahead of the upcoming spring statement. February’s borrowing
The Chancellor, Rachel Reeves, is expected to face significant fiscal challenges at the upcoming Spring Statement, scheduled for 26 March 2025. The Office for Budget Responsibility (OBR) is set to
Rachel Reeves has announced plans to prioritise UK companies and jobs in the government’s commitment to significantly increase defence spending. Speaking to the manufacturing trade body Make UK, the chancellor
Britain’s economic outlook appears increasingly challenging as Chancellor Rachel Reeves prepares to deliver her spring statement on 26 March. The Office for Budget Responsibility’s (OBR) forthcoming forecasts are expected to
The UK government’s fiscal position remains under pressure despite recording a £15.4 billion surplus in January, falling short of the Office for Budget Responsibility’s £20.5 billion forecast. The shortfall signals
The British government’s fiscal position faces mounting pressure as official figures revealed a significant overshoot in public finances, potentially derailing the chancellor’s plans to balance the books by 2029. January’s
The fundamental measurement of GDP growth as an economic indicator faces mounting scrutiny in Britain’s evolving financial landscape. Whilst chancellors consistently prioritise GDP expansion as their primary objective, the metric’s
The Supreme Court delivered a significant blow to Chancellor Rachel Reeves on Monday by rejecting her attempt to intervene in a landmark case concerning the motor finance commission scandal, which
Sir Keir Starmer is poised to overrule Shadow Chancellor Rachel Reeves on British defence spending following a pivotal security summit in Munich, where US pressure mounted on Ukraine to negotiate
Rachel Reeves’s £9.9bn fiscal buffer has been completely eroded due to sluggish economic growth and rising market interest rates, economists at the National Institute of Economic and Social Research (Niesr)
The Labour government’s comprehensive industrial strategy faces a significant delay, with publication now scheduled for June, coinciding with the spending review on the 11th. The postponement comes as the UK
The chief executive of Shell has challenged Labour’s assertion that sustainable aviation fuels (SAF) represent a “game-changer” for Heathrow’s third runway environmental impact, highlighting the minimal current adoption of these
Rachel Reeves, the UK Chancellor, has unveiled her support for a third runway at Heathrow Airport, marking a significant shift in the government’s approach to infrastructure and economic growth. The
