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.

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.

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.

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.