
Chancellor to deliver spring forecast
Rachel Reeves will insist she has "the right economic plan for our country" and that "working people are better off" thanks to Labour when she delivers her spring forecast to the Commons today.
Original reporting and the latest political headlines from across the UK.

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Rachel Reeves will insist she has "the right economic plan for our country" and that "working people are better off" thanks to Labour when she delivers her spring forecast to the Commons today.

Ipsa cites abuse and constituency workloads as reasons for above-inflation increase of 5% over next financial year The basic annual salary of MPs will rise to £110,000, the expenses watchdog has said, on the grounds of increased abuse and intimidation as well as growing constituency workloads. This year, MPs’ basic pay will rise by almost £5,000, a jump of 5% over the next financial year to £98,599 – and will reach £110,000 by the end of the parliament. Continue reading...

Exclusive: Schemes worth hundreds of millions of pounds to protect biodiversity and oceans likely to be substantially reduced UK programmes to protect nature and the climate in developing countries are suffering swingeing budget cuts despite ministers’ promises, the Guardian has learned. The cuts belie the government’s claims to be fulfilling international obligations on climate finance and are veiled behind a system that experts have slammed as opaque. The cutting and partial closure of the £10

The Home Secretary said more "generous" offers incentivise people to leave as she confirmed Labour will hike payments.
The day before the Spring Statement – for which the Treasury has undergone extreme efforts to keep as quiet as possible so far – the readout from business leaders has turned sour. Who could have predicted that… The Institute of Directors measures business leader optimism every month. Its rating decreased to -63 in February compared…

Chancellor Rachel Reeves will give an update on her plans for the UK economy when she gives a statement alongside an economic forecast on 3 March.

Rachel Reeves’ upcoming spring forecast has not led to slowdown, as property tax rumours did in November Business live – latest updates UK politics live – latest updates House prices in the UK increased in February as Rachel Reeves avoided a repeat of the pre-budget “negative speculation” that depressed the market, as she prepares to present the spring forecast on Tuesday. The average price of a home rose to £273,176 last month, up 0.3% from the month before, Nationwide said. It matched Janua

OPINION - AARON NEWBURY: Labour is running roughshod over rural Britain with farm taxes and hunting bans while city politicians pose in Barbour jackets.

Chancellor urged to reform Office for Budget Responsibility to open way to more public investment Rachel Reeves must reform the Office for Budget Responsibility (OBR) to open the way to more public investment, an alliance of thinktanks has argued ahead of the chancellor’s spring forecast on Tuesday. With Keir Starmer’s government under intense pressure after Labour’s defeat by the Greens in Thursday’s Gorton and Denton byelection, the thinktanks called on Reeves to review the watchdog’s remit.

Rachel Reeves has been given a warning about the UK's inflation as global tensions rise.

After 18 months of policy U-turns and political turmoil we are told not to expect any last-minute policy rabbits Politicians tend to hate being boring but Rachel Reeves will be delighted if Tuesday’s spring forecast is judged by voters and financial markets to be reassuringly dull. After Labour’s catastrophic Gorton and Denton byelection result, the chancellor’s future, along with that of the prime minister, is on the line, as backbench MPs fret about the party’s electoral prospects. Continue r

Labour warned it will have to make tax rises or spending cuts if it fails to restore growth - and urgent action is needed