Spring statement 2025 key takeaways

Reeves Prioritises Fiscal Rules and Political Credibility in Spring Statement, Say Economists

Chancellor Rachel Reeves has prioritised fiscal discipline and political credibility over a blueprint for growth in her Spring Statement, economists have suggested. Confronted with downgraded growth forecasts and a tightening fiscal environment, Reeves has unveiled a £14 billion package of cuts and savings in a fiscal update on Wednesday. Reeves told MPs the decisions were necessary to comply with the UK’s “non-negotiable” fiscal rules amid “inc…

I was in the room for Rachel Reeves' Budget - one thing was 'desperate'

MPs were left fuming as the chancellor delivered her spring statement

How will the Chancellor's Spring Statement impact Scotland?

This afternoon the chancellor Rachel Reeves gave her Spring Statement to the House of Commons, impacting Scots and the government here.

Five ways Rachel Reeves' Spring Statement will impact Scots

Rachel Reeves has announced her first Spring Statement since Labour came to power in July. Here are five ways her statement will impact Scots.

Andrew Gimson's Spring Statement sketch: Reeves started to do our headroom in

Rachel Reeves spoke with all the animation of a Soviet apparatchik striving to conceal the preposterousness of the latest Five Year Plan by being very dull indeed. Aspirational platitude after aspirational platitude fell lifeless from her lips: “The Labour Party is the party of work”, “our commitment to deliver just one major fiscal event a year”, “I have restored in full our headroom”. Before long she started to do our headroom in. The Labour P…

What Was In Rachel Reeves' Spring Statement? Here Are 8 Key Takeaways

The chancellor ended up making several major announcements in her fiscal update.