Chancellor Rachel Reeves has set out her plans for the UK economy during her Spring Statement in the House of Commons. It ...

Graph reveals how UK tax burden will hit record high after Spring Statement - Income tax and national insurance contributions ...

Chancellor of the Exchequer Rachel Reeves said she has entirely rebuilt the UK’s budget buffer with a series of cuts.

As the chancellor was forced to deliver a brutal spring statement due to the flatlining economy, The Independent looks at ...

UK Government Halves 2025 Growth Forecast to 1% and Confirms Defense Spending Boost LONDON (AP) — The British economy will only grow by 1% this year, half the rate previously anticipated ...

The UK government halved its 2025 growth forecast on Wednesday as it made billions of pounds of spendings cuts to shore up the public purse in the face of economic headwinds. The Spring Statement ...

Government spending and borrowing have defied expectations, resulting in "perilous" public finances and placing pressure on the chancellor to raise taxes or cut spending. Government borrowing last ...

As Labour attempts to tighten Britain’s burgeoning welfare belt, Alicja Hagopian and David Maddox investigate the true cost ...

With growth in 2025 lower than anticipated and debt interest repayments higher, the government’s independent forecaster, the Office for Budget Responsibility, found a 14 billion-pound ($18 ...

What did Rachel Reeve's, the Chancellor of Exchequer say in today's Spring Budget? Here's a summary that includes welfare, benefits, tax fraud, civil servants, defence aid and more.

The Spring Statement spending update came as the Labour government, elected in July after a landslide election win, faces sluggish economic growth and rising borrowing costs. Britain's economy is ...