Chancellor Rachel Reeves will provide an economic update on 26th March, Wednesday, following a fiscal statement made last October, amid growing speculation regarding potential breaches of her borrowing rules.
This week kicks off with politics – as Britain braces for Chancellor Rachel Reeves’ Spring Statement. We’ve be told to prepare for cuts to public spending – leading to concerns of more Tory austerity.
The chancellor is set to axe 10,000 civil service jobs and ministers have told departments to be prepared to trim the fat. Department’s such as education are worried that it could be the worst cuts in a generation!!
Reeves will dish all on Wednesday, when she officially delivered her Spring Statement.
Most of the UK newspapers speculate, assess and give their verdict on what’s expected to be revealed in Chancellor Rachel Reeves’ Spring Statement, which will be announced on Wednesday. ‘Worst cuts in a generation,’
A lot is happening this Monday morning with news across the UK being dominated by both domestic politics and international stories. The chancellor is making the headlines ahead of Wednesday’s Spring Statement, with the newspaper front pages speculating on what cuts are coming to public services.
Protests across Turkey, US tariff backlash and Canada’s snap election are featured across the UK news this morning.
Pope Francis is pictured on a handful of newspapers after he was discharged from hospital.
President Zelenskyy calls for renewed pressure on Russia after a drone attack resulted in seven deaths, highlighting the urgent need to end the conflict.
The Constitutional Court of South Korea has overturned the impeachment of Prime Minister Han Duck-soo, reinstating him as acting leader. This decision allowed Han to address pressing issues, including the implications of global trade changes.
Prime Minister Mark Carney called a general election for April 28, citing a need to address perceived threats to Canadian sovereignty posed by US President Donald Trump’s trade policies.
Hundreds of thousands of protesters have taken to the streets of Istanbul for five consecutive nights, decrying the arrest of Istanbul’s mayor, Ekrem Imamoglu, on corruption charges.
The Public Sector Fraud Authority is launching an investigation into allegations that thousands of students are fraudulently claiming substantial student loans with no intention of studying or repaying the amounts.
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Average families in the UK could be £1,400 a year worse off by April 2030, largely due to frozen tax thresholds, rising housing costs, and declining real earnings.
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Hungary bans Pride events, as critics fear Trump influence over Viktor Orban will push the country further to the right, whilst his supporters hope he will eliminate the wokish culture which was funded by USAID, until it was cancelled.
Government borrowing surged to £132.2bn last month, significantly exceeding forecasts and representing a £15bn increase from the previous year.
The prime minister and his plans for British military deployment in Ukraine dominate several newspaper front pages this morning and still find space on the websites – though much has been pushed further down to cover the massive fire at Heathrow Airport and the ongoing travel chaos.
The papers report the prime minister has stepped up plans for a 31-nation military force to provide security guarantees to Kyiv.
The prime minister is having a change of heart regarding putting boots on the ground in Ukraine and instead favours air and sea support.
The country’s defence secretary has warned Britain will not shy away from using nuclear weapons that could do ‘untold damage’ if UK troops are attacked.
There is a variety of stories dominating the UK headlines this Friday from the chaos at Heathrow Airport to Nicola Sturgeon cleared in the SNP embezzlement case – there’s a lot happening today, so grab a coffee – here’s your daily news breakdown.
The UK’s busiest airport, Heathrow, will be closed all day on Friday after a fire at a nearby electrical substation that supplies it with power. The airport has warned there will be “significant disruption” over the coming days and has told passengers not to travel “under any circumstances” until it reopens.
The former first minister Nicola Sturgeon has been cleared in the police investigation into the funding and finances of the party she led – the SNP. Her husband, who is separated from Sturgeon, has appeared in court charged with embezzlement. Murrell, who had been SNP chief executive since 1999, resigned in March 2023 amid a row over party numbers.
Former first minister Nicola Sturgeon has been cleared of any wrongdoing in Police Scotland’s investigation into the SNP’s funding, expressing relief at the outcome.
Ousted Reform MP Rupert Lowe criticises Nigel Farage after leaked WhatsApp messages reveal Farage’s disdain for Lowe’s recent critical interview, calling him “disgusting” and “contemptible.”
US President Donald Trump has signed an executive order aiming to dismantle the Department of Education, although congressional approval is required for complete closure.
The EU’s new defence strategy underscores the necessity for enhanced military capabilities, driven primarily by Russian aggression and the complex global security landscape, with an aim to bolster defence readiness by 2030.
U.S. District Judge Jeb Boasberg has demanded clarification from the Trump administration regarding their failure to comply with a court order that temporarily halted deportation flights to El Salvador. The judge’s order was issued amid concerns over flights transporting Venezuelan immigrants identified by the administration as gang members.
Labour Minister Luke Pollard dismissed claims that the government is “centre right,” asserting that recent cuts aim to enhance work opportunities and bolster defence funding.
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Chancellor Rachel Reeves will unveil her Spring Statement next week just a week after massive backlash to the government’s plans to overhaul the welfare system.
The papers have been given a preview of the Spring Statement and they report there will be no more tax rises but austerity cuts on the way – the heavy cuts to public spending and benefits are to close the budget deficit.
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