Rachel Reeves not expected to raise taxes in spring statement

Will Rachel Reeves and Darren Jones’ sums add up?

Will Rachel Reeves and Darren Jones’ sums add up? melissa.ittoo Fri, 21/03/2025 - 10:49 Chief secretary to the Treasury Darren Jones drops into the podcast studio to discuss the Treasury’s new plans for watching the pennies. 1 Podcast Institute for Government No Public finances Public services Spring statement Economy Public spending Budget NHS Labour Chancellor of the exchequer Health and social care secretary Starmer government HM Treasury De…

Treasury borrowing surges as Reeves prepares spending cuts - latest updates

Treasury borrowing has overshot the Budget watchdog’s forecasts, official figures show, as Rachel Reeves prepares to unveil government spending cuts next week.

As Spring Statement looms: Here are five key proposals that could hit you in the pocket

Chancellor Reeves must either raise taxes again or make sweeping cuts to services, leading economists have warned. The Labour Chancellor raised taxes by a whopping £40billion in her bombshell budget in October 2024, but her plans failed to spark growth and prompted an exodus of wealth and business confidence.As pensioners, farmers and businesses licked their wounds from punishing new taxes, the £10billion fiscal headroom the Chancellor left hers…

UK politics live: Reeves ‘to announce biggest spending cuts since austerity’

Chancellor to lay out plans a week after Labour slashed welfare bill by £5bn

'4 tax hikes Rachel Reeves could sneak in next week without breaking her word'

Chancellor Rachel Reeves is a woman of her word. Until she twists its meaning.

Rachel Reeves to choose spending cuts over tax rises in spring statement

Rachel Reeves is expected to choose spending cuts over tax rises at next week's spring statement, as the Chancellor attempts to balance the books.