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Conservative Home4 Mar 2026

The unreality of Labour’s rosy picture of an economy that can’t, in fact, pay for our defence

Churchill fought a war having argued for years that Britain was economically and militarily unprepared.  Starmer is trying not to fight a war arguing via his Chancellor that never before has so much been promised for defence. For so little return when it matters, it seems. The post The unreality of Labour’s rosy picture of an economy that can’t, in fact, pay for our defence appeared first on Conservative Home.

EconomyDefence
Conservative Home4 Mar 2026

Mel Stride: Really, is that it? All we got was a surrender statement from a spent Chancellor out of ideas

Realism requires backbone. This government has none. Winter fuel payments: U-turn. Welfare reform: U-turn. The two-child benefit cap: U-turn. Farm taxes, family business taxes, pubs - all U-turns. Whenever pressure mounts, this government folds. The post Mel Stride: Really, is that it? All we got was a surrender statement from a spent Chancellor out of ideas appeared first on Conservative Home.

Economy
The Guardian Politics3 Mar 2026

The Guardian view on Labour’s migration gamble: Denmark is no template | Editorial

Extending settlement waits risks deepening labour shortages while misreading public concern about migration’s economic and demographic realities The home secretary, Shabana Mahmood, is expected this week to press ahead with plans to make it harder for migrants to gain settled status, extending the wait from five to 10 years. She will not change tack despite Labour’s crushing byelection defeat to the Greens. This is a mistake. Ms Mahmood argues that Denmark’s Social Democrats curbed inflows to pr

PoliticsEconomyImmigrationEnvironment
The Guardian Politics3 Mar 2026

The Guardian view on Rachel Reeves’s spring statement: stability cannot mean sacrificing living standards | Editorial

An energy shock from war in the Gulf will expose the limits of rigid fiscal rules. The real question is who absorbs the loss: the state, firms or households? The war in the Middle East has sent oil and gas prices soaring – and Britain remains deeply exposed to global energy markets. If the shocks persist they will feed directly into household bills, business costs and inflation. On Tuesday, the Office for Budget Responsibility released projections that were finalised before the US-Israeli strike

EconomyDefence
The Guardian Politics3 Mar 2026

What will Rachel Reeves’s spring forecast mean for household finances?

The chancellor promised more money in people’s pockets, but the Iran crisis makes steeper inflation a pressing worry Rachel Reeves used her spring statement to insist her economic policies are working and things are looking up for household finances after the cost of living crisis. The chancellor trumpeted that by the next general election “people will be over £1,000 a year better off”. But against the backdrop of war in the Middle East, financial experts warned that the new economic forecasts p

PoliticsEconomyDefence
The Guardian Politics3 Mar 2026

‘It’s no news just when we wanted some’: Business leaders react to spring statement

Amid global volatility, Rachel Reeves tried to project calm with a low-key forecast. But business owners have their doubts Rachel Reeves gave a deliberately low-key spring forecast on Tuesday, in an attempt to project calm amid volatility abroad and after repeated tax rising budgets. But for some business owners struggling with rising costs, a lack of policy announcements this time around was a disappointment. Continue reading...

Economy
Express Politics3 Mar 2026

Farmer in her nineties asks Starmer: tell me when I must die to save my family farm

EXCLUSIVE: A farmer in her nineties has written to Keir Starmer demanding he tell her when she must die to save her farm from Labour's inheritance tax raid.

Economy
The Guardian Politics3 Mar 2026

Unemployment set to hit 5.3% this year amid ‘worrying’ rise in young jobless

OBR raises forecast from 4.9% and downgrades UK’s growth prospects for 2026 – while also warning of war uncertainty Unemployment in the UK is set to peak this year at a higher rate than previously estimated, with a “worrying” increase in young people being out of work, the government’s official forecaster has said. The Office for Budget Responsibility (OBR) said unemployment will peak at 5.3% this year, up from its previous forecast in November of 4.9%. Continue reading...

EconomyDefence
Sky News Politics3 Mar 2026

Why I was surprised by Reeves's keep calm and carry on approach to her forecast

The spring forecast was meant to be a moment to take stock of Rachel Reeves's stewardship of the economy.

EconomyDefence
Sky News Politics3 Mar 2026

Iran war leaves forecast for low UK inflation not worth the paper it was written on

The rise in gas prices over the past 48 hours is without precedent.

EconomyDefence
Express Politics3 Mar 2026

Rachel Reeves' damaging Spring Statement shows she lives in La La Land

OPINION: Reform UK's new Treasury spokesman warns there is a benefits bomb set to bankrupt Britain.

EconomyDefenceReform
The Guardian Politics3 Mar 2026

Reeves’s spring statement? The economy is great, don’t worry about the Middle East

With no spending or fiscal commitments to offer, the chancellor kept it short, sweet and just a little tin-eared When your luck is out, your luck is out. Time to accept what the fates have to throw at you. It was always going to be a bit of a stretch for Rachel Reeves to maintain she had a brilliant plan and the economy had never been in better health when the figures show a fall in growth and a rise in unemployment. Unless you happen to think those things aren’t so bad after all. To do so three

Economy