Rachel Reeves

Martin Lewis says winter fuel U-turn 'huge relief'

Martin Lewis said the government's decision to U-turn the winter fuel payment is a "huge relief" for pensioners. Rachel Reeves confirmed on Monday that pensioners earning less than £35k will be..

Conservatives express concerns over spending cuts

Shadow housing secretary Kevin Hollinrake has expressed concern about the UK housing crisis worsening due to potential spending cuts. It comes as Rachel Reeves prepares to announce the government's..

Chancellor announces billions in public transport investment

Rachel Reeves has announced billions of pounds in funding for transport outside London, but also warns she has had to make difficult decisions ahead of her spending review next week. The £15.6 billion..

Jenrick: 3% defence spend needed by end of Parliament

Shadow Justice Secretary Robert Jenrick says Labour’s plan to boost defence spending isn’t believable unless action is taken now. He welcomed the government’s pledge to spend 2.5% of GDP on..

Chancellor insists cut in winter fuel allowance ‘stands’

Despite reported pressure from within the Labour Party, Chancellor Rachel Reeves insists the cut in winter fuel allowance for most pensioners “stands”, to “stabilise the public finances”...

Chancellor reacts to ‘disappointing’ inflation figures

Rachel Reeves admits April’s inflation rise to 3.5% is “clearly disappointing” but acknowledges the figures are partly down to government policies to “stabilise” the economy. The chancellor..

Chancellor: EU deal to lower prices for consumers

Rachel Reeves defends Britain’s new agreement with the European Union. Addressing MPs in the House of Commons, the chancellor said the government’s new deal will help make food cheaper, slash red..

Reeves hails ‘really big day’ as UK strikes EU deal

Chancellor Rachel Reeves says a new post-Brexit deal with the EU marks a "really big day", praising it as a move to boost jobs, cut prices, and strengthen defence ties. The agreement, finalised ahead..

Reeves content as UK economy grows at fastest rate in a year

The UK economy grew by 0.7% in the first three months of 2025, the fastest quarterly rise in a year, according to the ONS. Chancellor Rachel Reeves welcomed the boost, pointing to growth across..

Reeves hails UK-US trade deal for British industries

Rachel Reeves has hailed the new UK-US trade deal as being a "good deal" for sectors such as car manufacturing, aerospace, life sciences and steel. The chancellor adds the agreement is a "big..

Chancellor: Welfare system is unsustainable and needs reform

The chancellor says the welfare system "needs reform", as more than 40 MPs have written to Prime Minister Sir Keir Starmer urging him to pause and reassess planned cuts to disability benefits. Rachel..

Chancellor welcomes interest rate cut

Chancellor Rachel Reeves has welcomed the cut to interest rates announced by the Bank of England. Interest rates have gone from 4.5% to 4.25%. Ms Reeves said: "We have had four interest rate cuts now..

Chancellor ‘confident’ of trade deal with the US

Chancellor Rachel Reeves insists she is “confident” the UK can secure a trade deal with the United States but will “only ever act” in the national interest in agreeing to one. Report by Blairm...

Reeves: We are in active negotiations with the US

Rachel Reeves has said she will be having "conversations with the US administration" next week as the UK looks to secure a trade deal with Washington. Report by Faragt. Like us on Facebook at..

Reeves: UK focused on US deal while expanding global trade

Chancellor Rachel Reeves said the UK is “resolved” to secure the best possible trade deal with the US but is also seeking to boost ties with other countries. She stressed the importance of..

Reeves: Growth must reach families nationwide

Chancellor Rachel Reeves welcomed February’s strong GDP growth but said more must be done to ensure it’s “felt by families up and down the country”. She said Labour is “not complacent” and..