The 2025 Spring Statement was Chancellor Rachel Reeves’ first major fiscal statement since the October 2024 Autumn Budget.
It could be a grim day for the Chancellor with the Office for Budget Responsibility (OBR) widely expected to slash its forecast for economic growth, following similar recent revisions by the Bank of ...
Wales legend Jamie Roberts identified Gareth Thomas as a potential bolter to tour with the Lions when WalesOnline spoke to ...
Chancellor Rachel Reeves has conducted her Spring Statement, at the same time that the Office for Budget Responsibility ...
Chancellor Rachel Reeves has announced further cuts to welfare benefits but no tax rises as the Office for Budget ...
Social security cuts, a Whitehall squeeze — and a (future) silver lining on growth. POLITICO sat through Rachel Reeves’ ...
It came as the Government’s official forecaster cautioned that there was a ‘significant risk’ around meeting fiscal rules.
The OBR forecast that the “investment rule” is also met two years early with net financial debt of 82.9% of GDP in 2025-26 and 83.5% in 2026-27 before falling from 83.4% in 2027-28, to 83.2% in ...
No personal tax increases, a squeeze on benefits, and hints of a future Isa shake-up were among the key announcements ...
Rachel Reeves's welfare changes are also predicted to leave 3.8 million families better off, but by a lower amount.
MILLIONS of workers will get a pay rise of £1,400 a year from next week. The Government announced in October it is hiking the National Living Wage by 6.7% from next Tuesday (April 1), and ...
Reeves argued the UK has to "move quickly in a changing world" and confirmed a £2.2bn increase in defence spending. In ...
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