The chancellor says in her Spring Statement that unemployment will peak later this year and then fall every year of the forecast period until 2030.
Economists don't expect any major policy announcements as the government prioritizes its "Autumn Budget" as the main fiscal event of the year.
Britain's economy is forecast to ​grow by 1.1% this year, Reeves said, citing the latest projections from the Office for Budget Responsibility. The new prediction was weaker than a forecast of 1.4% ...
The forecasts underpinning British finance minister Rachel Reeves' budget update on Tuesday may already be in tatters, unravelled by war in the Middle East and by her own government's unpopularity.
March 3 (Reuters) - London's FTSE 100 fell for a second straight session on Tuesday, as investors dialled down hopes for interest-rate cuts after surging energy prices rekindled inflation worries ...
Chancellor Rachel Reeves will say in her Spring Statement that the UK economy is ‘stronger and more secure’ as a result of decisions taken by the Government ...
This week's budget is the first of two that will define the financial context for the 2026 Holyrood election campaign. Many of the decisions on taxation and spending taken by the chancellor Rachel ...
It is, says the government, a budget to support working households and UK businesses. Critics will argue that it represents a £26bn rise in taxes and more election promises broken. As much of the ...
The UK should replace its simple pass-fail approach to fiscal rules with a broader “traffic lights” system to end the “dysfunctional policy making” of recent years, the Institute of Fiscal Studies ...
Morning all, Craig McGlashan here with the Europe Wire from the London newsroom. Anyone living in the UK would be excused for thinking that the budget had already happened given its dominance of the ...
British defense energetics company Chemring has posted a sharp drop in first-quarter order intake as the company faces ...