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August 3, 2025

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Rachel Reeves

Ukraine’s economy could grow by 5% next year if hostilities end, EBRD says

European reconstruction bank will help rebuild country if peace is agreed but a lasting end to conflict is neededThe war-torn Ukrainian economy could expand by 5% next year if a ceasefire is agreed, the European Bank for Reconstruction and Development …

February 27, 2025
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How UK and EU could find more money for defence without spooking the markets

There is political agreement that Britain and Europe need to increase military spending. But in straitened times, how can it be done?Can Britain increase defence spending without cuts elsewhere?Rachel Reeves is constrained by fiscal rules that govern t…

February 23, 2025
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UK hiring on the rise as confidence lifts, research suggests

Companies increase hiring for first time since June, and households more optimistic about their financesCompanies have ramped up hiring in recent weeks while consumer confidence has started to rise, research suggests, in a boost for Rachel Reeves as th…

February 21, 2025
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Savings providers vow to fight any attempt to cut cash Isa limit to £4,000

City executives spoke to Rachel Reeves about reducing annual allowance from current £20,000, reports sayMajor savings providers have pledged to fight any attempts to cut tax breaks on cash Isas amid reports that the government is considering a plan to …

February 20, 2025
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Former Foreign Office head warns Reeves not to cut international aid

Exclusive: As chancellor scans budget for savings, Simon McDonald says need for humanitarian spending is ‘greater than ever’The former head of the Foreign Office has warned Rachel Reeves not to cut Britain’s international aid spending, amid signs the c…

February 20, 2025
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UK inflation jumps to 3%, reducing chance of early interest rate cut

Annual CPI inflation rate hit 10-month high in January in blow to ministers amid rise in food bills and fuel costsAnalysis: Bank of England faces bumpier road after inflation acceleratesBusiness live – latest updatesUK inflation accelerated faster than…

February 19, 2025
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Bank of England waters down plans to impose tougher capital rules on UK banks

Chancellor says revision of how much lenders must set aside to cope with future crises will bolster growthBusiness live – latest updatesUK politics live – latest updatesThe Bank of England has watered down new capital rules meant to shock-proof the ban…

September 12, 2024
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Jeremy Hunt’s autumn statement tax cuts fuel talk of spring election

Chancellor unveils 2p national insurance cut but thinktanks warn next government faces fresh round of austerity Jeremy Hunt announces tax cuts for firms and workersAutumn statement 2023: key points at a glanceWhat it means for people on a range of inco…

November 22, 2023
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Autumn statement live: Jeremy Hunt cuts national insurance but UK tax burden set to hit high amid plummeting living standards

Chancellor cuts national insurance but OBR says UK facing biggest fall in living standards since records beganAutumn statement – key points at a glanceKeir Starmer has said that a pause in hostilities between Israel and Hamas must be used to tackle th…

November 22, 2023
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Autumn statement: Jeremy Hunt looks to cut UK taxes and ‘turbo-charge growth’

Amid less gloomy OBR forecasts the chancellor is expected to take first steps towards cutting personal taxesJeremy Hunt will announce 110 measures to boost Britain’s stagnant economy and bow to demands from anxious Tory MPs for tax cuts when he deliver…

November 22, 2023
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