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Reeves expected to announce further welfare cuts in spring statement

Sky News Tuesday, 25 March 2025
Reeves expected to announce further welfare cuts in spring statementRachel 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.
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Video Credit: ODN - Published
News video: Reeves confirms Spring Statement won’t include tax increases

Reeves confirms Spring Statement won’t include tax increases 00:30

Chancellor Rachel Reeves confirms there won’t be tax increases as she prepares to deliver the Spring Statement. Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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Rachel Reeves Rachel Reeves British politician (born 1979)

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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

Credit: ODN    Duration: 00:53Published
Chancellor: It’s up to the US to make the case for bombing [Video]

Chancellor: It’s up to the US to make the case for bombing

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

Credit: ODN    Duration: 00:46Published
Chancellor reacts to latest interest rates decision [Video]

Chancellor reacts to latest interest rates decision

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

Credit: ODN    Duration: 00:38Published
Reeves 'disappointed' that economy shrunk 0.3% in April [Video]

Reeves 'disappointed' that economy shrunk 0.3% in April

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

Credit: ODN    Duration: 00:47Published

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