Reeves expected to announce further welfare cuts in spring statement
Tuesday, 25 March 2025 Rachel Reeves will unveil further welfare cuts in her spring statement after being told the reforms announced last week will save less than planned, Sky News understands.
Chancellor Rachel Reeves confirms there won’t be tax increases as she prepares to deliver the Spring Statement.
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Prime Minister Sir Keir Starmer, Chancellor Rachel Reeves and Business Secretary Jonathan Reynolds visit a business in Nuneaton to promote the government’s new industrial strategy Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves doesn’t say whether the UK believes strikes by the US on Iran were legal. The Chancellor tells broadcasters during a visit in the West Midlands: "It is up to the US to make that case. We were not involved in these actions and, of course, we would never comment on the legal advice that the government receives." Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Following the Bank of England’s decision to leave UK interest rates at 4.25%, Rachel Reeves says the government respects the Bank's decision. Speaking at the Times CEO Summit in central London, the Chancellor says, "we respect independent economic institutions, and the Bank has got an incredibly important but difficult job to do”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves says it is "disappointing" to have a month of "bad data", as the latest figures show the UK economy shrunk by 0.3% in April, a figure higher than expected. But the chancellor says U.S. trade tariffs have had an impact. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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Cabinet ministers have been asking Labour MPs to take their name off a rebel amendment to the government's controversial welfare bill, Sky News can reveal. Sky News
Kemi Badenoch has accused Rachel Reeves' Spring Statement as being "all smoke and mirrors", pointing to rising inflation, increased unemployment and low growth. The Conservative Party leader added,..
Following Rachel Reeves’ Spring Statement, Liberal Democrat leader Sir Ed Davey says the proposed cuts to welfare are a "double whammy" hitting disabled people who cannot work while cutting support..
The chancellor has left Downing Street for the House of Commons where she will deliver her Spring statement. Rachel Reeves, who enjoyed seeing inflation fall to 2.8% this morning, is expected to..