Browsing: Rachel Reeves

Recent welfare cuts are projected to push tens of thousands of children into poverty, disproportionately affecting low-income families and those with disabilities.

Spring Statement 2025 reaction – Thursday’s headlines are reacting to yesterday’s Spring Statement delivered by the chancellor. 

Chancellor Rachel Reeves announced significant measures to address the UK’s economic challenges. Key points include a £14 billion plan involving cuts to welfare payments (£4.8 billion) and departmental spending (£3.6 billion) to fix public finances. The Office for Budget Responsibility (OBR) has halved the 2025 economic growth forecast to 1%, down from 2%. Despite these austerity measures, the tax burden is projected to reach a record 37.7% of the GDP by 2027-28. Additionally, a £3.25 billion Transformation Fund was introduced to drive efficiencies across government departments.

Following the chancellor’s update on the economy, Donald Trump announced new import taxes of 25% on cars and car parts coming into America in a move that threatened to widen the global trade war.

Cliff Notes – Spring statement 2025 key takeaways The Office for Budget Responsibility has halved the UK’s growth forecast for…

Chancellor Rachel Reeves says the 2025 growth estimate for the UK has been halved to 1% from 2% by the government’s official forecaster, the Office for Budget Responsibility (OBR)

Happy Wednesday – and most importantly, Happy Spring Statement Day! Today, Chancellor Rachel Reeves will set out her plans for the UK economy for the next year, presenting her budget plans to the Commons at 12:30. 

The chancellor is set to introduce significant changes aimed at balancing the UK’s public finances amidst economic uncertainty. Spending cuts are expected to be the main focus, with charities urging the government not to hit the poorest the hardest. 

What can we expect in the Spring Statement 2025? – Wednesday’s Spring Statement, set to be announced by the chancellor this afternoon, dominates much of the UK news this morning. There is continued speculation over how severe the chancellor’s cuts to public spending will be amid promises that she is hunting growth for the UK economy. 

The latest UK inflation figures are set to be released this morning, ahead of the chancellor’s statement, which will be delivered at 12:30 in the Commons.

Elsewhere, Prince Harry has stepped down from his role at the charity he co-founded after a row between the trustees and the chair of its board. 

On the international front, the ongoing fallout with the Trump administration after the Yemen bombing plans were accidently shared with a journalist and there’s extensive coverage of the devastating wildfires sweeping South Korea, having already killed 18 people.

The headlines this morning continue speculating over Wednesday’s Spring Statement. The chancellor has hinted at severe spending cuts and the left-wing backbenchers are eyeing up a rebellion – one No 1o is desperate to stamp out before it gets going. The papers suggest the chancellor is trying to buy off rebels with a £2bn affordable housing plan.

Tuesday’s headlines are heavily focused on what’s happening outside our little island, with heavy coverage of the latest airstrikes in Ukraine and the group chat blunder from top US officials. 

A handful of headlines look ahead to Wednesday’s Spring Statement and continue to speculate on potential job losses and cuts to public spending. There is a handful of stand-alone stories on the front pages, covering domestic news.

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,’