LONDON — The British economy will only grow by 1% this year, half the rate previously anticipated, Treasury chief Rachel Reeves conceded Wednesday in a statement to lawmakers about the state of ...

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 ...

Dozens of women’s organisations have warned Rachel Reeves to rethink her disability benefits cuts over fears it will remove a 'vital lifeline' for victims of abuse ...

Rachel Reeves is facing a backlash from Labour MPs after the government’s own impact assessment revealed that benefit cuts will push 250,000 more people, including 50,000 children, into poverty.

Rachel Reeves has used her spring statement to announce a series of public spending cuts in order to balance the books without raising taxes. The statement to the Commons was not intended to be as ...

Kylie is the Deputy Live Pages Editor, helping showcase Reuters multimedia coverage of the biggest global stories. She previously worked on the UK Breaking News team, and spent eight years in ...

In her spring statement, chancellor Rachel Reeves aimed to balance the books through fresh spending cuts, including welfare cuts. Real GDP growth for 2025 is now expected to be just 1%, a sharp ...

RACHEL Reeves will pump an extra £2billion into defence spending in a bid to boost sluggish UK growth. The Chancellor will bolster Armed Forces funding to try to offset gloomy economic forecasts ...

While claiming to have found a £22 billion black hole (never confirmed and highly unlikely), Rachel Reeves carried on digging, creating a £70 billion plus chasm of additional spending.

Rachel Reeves has unveiled a £14bn package to repair the UK economy in her spring statement, as the UK's budget watchdog halved its forecast for economic growth to just one per cent. The ...

Chancellor Rachel Reeves is expected to announce a number of spending cuts in her spring statement on Wednesday. Reeves is seeking to balance the books after disappointing growth figures and ...

Rachel Reeves delivered her spring statement with the gusto of a Chancellor leading an economic revival – one who has just seen the country’s growth forecast for this year halved to a mere one ...