Chancellor Rachel Reeves has unveiled a package of support measures worth more than £1 billion to boost consumer spending and ease pressure on households amid economic uncertainty and elevated energy
No. 10 dismisses Reeves’ suggestion that Trump is to blame for the weak economy.
Downing Street has rejected Rachel Reeves’ suggestion that Donald Trump was responsible for Britain’s economic underperformance.
Reeves confronts a looming £20bn shortfall as the economy weakens.
Rachel Reeves faces a looming £20bn deficit in public finances, driven by soaring interest rates and weakening economic growth, economists at JP Morgan warn.
Budget tax hikes have pushed the economy into stagnation.
Rachel Reeves has been accused of “dragging the economy into stagnation” with her reference to a “£22bn black hole” in the public finances. Official data revealed that November’s growth fell
Rachel Reeves may keep pushing forward, but her fate is sealed
The Chancellor’s decision to travel to China while bond markets turn against Britain highlights a much larger issue, and it’s not a positive signal.
Labour will lose next election if Reeves returns to austerity
A former Bank of England economist has cautioned that Labour risks losing the upcoming election if rising government borrowing costs force Rachel Reeves to reinstate austerity measures.