Worse-than-expected public spending data has piled pressure on Rachel Reeves in the run-up to next week’s spring statement, with UK government borrowing rising by much more than expected last month to £10.7bn. In a setback for the chancellor, the monthly […]
Reeves under pressure as UK borrowing sharply exceeds forecasts | Government borrowing Read More »
Keir Starmer’s government is aiming to cut billions of pounds from welfare spending before the spring statement. How much does the government spend on welfare? Welfare spending has ballooned in recent years to support Britain’s ageing and increasingly unwell population.
Why Keir Starmer’s government is seeking to cut benefits bill | Benefits Read More »
Providing more support for people in ill health to stay in work could save the UK government more than £1bn, according to a report warning ministers against cutting benefits. As the chancellor, Rachel Reeves, looks for savings before the 26
More support for people in ill health to stay in work ‘could save UK £1bn’ | Economics Read More »
Rachel Reeves has said UK companies and jobs will be prioritised under the government’s plans for a significant increase in defence spending, with an aim to support “left behind” industrial towns and the economy at large. Announced by Keir Starmer
For more than half a century, the midlife crisis has been a feature of western society. Fast cars, impulsive decisions, and peak misery between the age of 40 and 50. But all that is changing, according to experts. In a
The global economy is entering the new year with rising geopolitical tensions looming over its prospects, as the world’s leading central banks attempt to cut interest rates after the worst inflation shock in decades. Donald Trump’s second term in the
Trump versus trade: the global economic outlook for 2025 in five charts | Global economy Read More »
Millions of vulnerable UK households on prepayment meters could see their energy bills consume almost a third of their incomes this winter. As temperatures drop across the country, the Resolution Foundation said a combination of higher gas and electricity prices
Prepayment meters could cost UK households third of income in winter | Energy bills Read More »
UK government borrowing costs have risen to their highest level this year as City investors bet Rachel Reeves’s budget would lead the Bank of England to adopt a more cautious approach to cutting interest rates. The yield – in effect
Rachel Reeves will this week change the way the UK government’s debt rules are calculated to unlock billions of pounds in additional headroom for spending on long-term infrastructure projects. In what could be the most radical step in Labour’s first
Wes Streeting was in the right place when he announced plans to prioritise cutting NHS waiting lists in areas with the highest numbers of people out of work due to ill health. Liverpool, where the health secretary was speaking at
Liverpool shows Labour how long-term sickness blights lives and the economy | Health Read More »
