Rachel Reeves criticises deputy for ‘clumsy’ pocket money comments March 27, 2025 Rachel Reeves has criticised her deputy – Chief Secretary to the Treasury Darren Jones – for “clumsy” comments in which he compared slashing disability benefits to taking away a child’s pocket money. The Chancellor told BBC Radio 4’s Today Programme: “No, he was clumsy in his analogy, and he’s apologised for that.” She added: “Of [...]
Spring Statement 2025: Reeves misses trick ignoring sport and Old Trafford March 27, 2025 Standing at the dispatch box on Wednesday, Chancellor Rachel Reeves delivered her much anticipated Spring Statement. Just months after her autumn fiscal plan, where she hiked taxes by £40bn and confirmed funding for a football regulator which continues to divide the game, the member of parliament for Leeds West and Pudsey – and one of [...]
Analysis: Why are the wrong issues under the microscope? March 27, 2025 You’d be forgiven for assuming one of Sabrina Carpenter’s (admittedly catchy) lyrics might have been echoing in Chancellor Rachel Reeves’ head, as she prepared ahead of her (less catchy) Spring Statement yesterday. But, when quizzed at a press conference later that afternoon, Reeves insisted as “a 46-year-old woman”, she is not “personally a huge fan” [...]
Spring Statement 2025: Rachel Reeves won’t rule out tax hikes at next Budget March 26, 2025 Rachel Reeves has declined to rule out hiking taxes at her next Budget, amid growing pushback from Labour MPs over welfare cuts in the wake of her Spring Statement. The Chancellor told reporters at a press conference that she was focused on growing the economy, despite speculation she will have to find more revenue to [...]
Spring Statement 2025: Workers’ rights bill ‘net negative’ for economy, OBR says March 26, 2025 The government’s workers’ rights bill will “probably [have] net negative economic impacts”, the independent fiscal watchdog has said. Labour unveiled their workers’ rights package – the Employment Rights Bill – last year, and measures were hailed by unions as “common sense” reforms for a “fairer economy”. But according to the Office for Budget Responsibility (OBR), [...]
Spring Statement 2025: Reeves makes further cuts to Universal Credit March 26, 2025 Further cuts will be made to Britain’s welfare bill – but only save the government £3.4bn rather than the £5bn originally thought – Rachel Reeves has announced in the Spring Statement. The Chancellor has confirmed there will be further reductions to the cost of benefits, and to government spending, after the Office for Budget Responsibility [...]
Law firm Jenner & Block added to Trump’s hit list March 26, 2025 US President Trump continues his war on Big Law as law firm Jenner & Block tagged onto his hit list following a new executive order
Spring Statement 2025: More welfare cuts to come March 26, 2025 MPs and voters will “hear more” from the Chancellor on welfare cuts at the Spring Statement, the defence secretary has said. John Healey has appeared to confirm that further cuts to welfare spending will be required because the budget watchdog has said previously-announced measures will not save the £5bn a year expected by 2030. The [...]
Spring Statement 2025 LIVE March 26, 2025 Chancellor Rachel Reeves has presented her Spring Statement in the House of Commons this afternoon. The headline of the release was the change in the projections by the Office for Budget Responsibility (OBR), which has slashed its growth forecast in half to one per cent as Chancellor Rachel Reeves said she was “not happy” [...]
If the world really has changed, Chancellor, then drop your tax hikes March 26, 2025 Rachel Reeves has one of the most demanding, high profile and exhausting jobs in the country, and so – at the very least – we should forgive her for taking some freebie tickets to a Sabrina Carpenter concert. She’s had very few good weeks since entering office and the least she deserves is a good [...]