Ms Reeves also confirmed a further squeeze on the welfare budget, building on cuts to the disability and incapacity bill set out earlier this month, with the package now expected to save £4.8 ...

George Osborne, though, lifted the ISA allowance to £20,000 and allowed all of it to be held in cash if that was what people wanted. The City, however, doesn’t like cash ISAs. It has been lobbying ...

Although the spring statement didn’t deliver cuts, it didn’t deliver a proper investment plan in our justice system either. A fair and effective justice system requires greater funding and ...

Rachel Reeves has squeezed the welfare budget further and boosted defence spending in a Spring Statement aimed at kick-starting the faltering economy. The Office for Budget Responsibility (OBR ...

In the Spring Statement, Rachel Reeves confirmed plans for a £625million package aimed at ramping up the number of people across Britain who can build homes, and getting younger people into work.

Rachel Reeves announced in her Spring Statement that the Government’s new "transformation fund" will introduce “voluntary exit schemes to reduce the size of the civil service”. It comes as ...

Chancellor Rachel Reeves has insisted the new fiscal rules set out in her first Autumn Budget last year are “non-negotiable” and reflect the government’s “unwavering commitment” to ...

She said the Government is "investing in the HMRC's capacity to crack down on tax avoidance and setting out plans to increase the numbers of tax fraudsters charged ever year by 20 per cent". According ...

She says today's announcements mean the government's budget will move from a deficit of £36.1bn in 2025/26 and £13.4bn in 2026/27, to a surplus of £6bn in 2027/28, £7.1bn in 2028/29 and £9 ...

his Tory successor George Osborne, through Philip Hammond, Rishi Sunak and, very briefly, Kwasi Kwarteng, to Jeremy Hunt and now back to Labour with Rachel Reeves, their combined efforts have ...

Chancellor Rachel Reeves is due to present her Spring Statement in the House of Commons at lunchtime today to give an update on the UK's economy and public finances. The statement will provide ...