Browsing: Rachel Reeves

Economists say Chancellor Rachel Reeves may have to raise taxes in the October Budget.

The chancellor is back on the front pages this morning ahead of a meeting with her American counterpart. Rachel Reeves is in the United States in hopes of securing a trade deal but has warned she will not rush it.

Ukraine is back in Britain’s headlines after US President Donald Trump insisted that Ukraine’s President, Volodymyr Zelensky, is jeopardising a peace deal with Russia. The US has repeatedly threatened to walk away if Ukraine doesn’t sign the latest peace deal – which would include handing over Crimea.

This comes as Russian missile and drone attacks battered the Ukrainian capital overnight, killing at least nine people and injuring a further 63.

The IMF has significantly downgraded the UK’s growth forecast for this year to just 1.1%, citing the adverse impacts of the global trade war and rising inflation.

The UK Economy grew by 0.5% in February, outperforming analyst forecasts of a 0.1% rise, driven by strong manufacturing and service sectors.

The UK government is considering nationalising British Steel as concerns grow over the Scunthorpe plant’s future after Jingye cancelled vital orders for raw materials.

Chancellor Rachel Reeves is set to meet with top City executives to assess the impact of President Trump’s tariffs on the UK Economy.

Chancellor Rachel Reeves is back in the headlines after an impact assessment revealed the chancellor’s welfare overhaul – aimed to get more people back in work – could see even more people signed off. 

Chancellor rejects poverty fears – Chancellor Rachel Reeves has rejected claims that her welfare strategy will push children and families into poverty. It comes after analysis has started on her Spring Statement – and what it means for both the poorest and wealthiest in Britain.

King Charles in hospital – Much of Friday’s headlines in the UK are reporting on the latest update in King Charles’s health. The 76-year-old has been admitted to the hospital due to side effects from his treatment. 

There are ongoing discussions over Wednesday’s Spring Statement, with disability payments and potential future tax raids being two of the most popular talking points. 

On the international front, there’s more coverage of Donald Trump and his administration as they continue to push to take over Greenland and the Germany’s reaction to the latest tariff announcements.