The GDP bump was relayed to Reeves by an aide over WhatsApp, prompting the chancellor to surreptitiously reply with a “heart” emoji. “She was surprised, everyone was surprised,” said one ally of ...

Sir Keir Starmer has criticised the Office for Budget Responsibility (OBR) over its assessment of his welfare reforms. In his ...

As the nation marks the 80th anniversary of VE Day next month, Churchill's descendants will take part in a service alongside ...

Bishop Fleming warned: "The Spring Statement sees Reeves channelling George Osborne to deliver an austerity programme in all but name, in order to keep within her own tight fiscal rule of ...

Nevertheless, the BBC still does not appear to have grasped the scale of the crisis facing Britain. Government debt is 100pc of GDP, an ageing population is pushing up welfare payments and the ...

A £2bn funding boost for new homes in England was announced this week ahead of today’s spring statement but the housing market’s problems run deep. Here’s an overview of where we are and how we got th ...

Rachel Reeves has squeezed the welfare budget further and boosted defence spending in a Spring Statement aimed at kick-starting the faltering economy. The Office for Budget Responsibility (OBR ...

Rachel Reeves' emergency budget was a humiliation. It confirmed what I'm sure many Daily Mail readers knew already: Labour isn't working. Families are hurting. Growth, unemployment and inflation ...

Ms Reeves said she was "not satisfied with these ... These forecasts have become central to Budgets and Statements in recent years. George Osborne set up the OBR when Chancellor to avoid ...

Reeves is following a cautious approach to the predicament ... But in fact it was their decisions which brought us to this point. During austerity, George Osborne chose to ignore the low interest ...

The Chancellor will now be forced to contemplate tax rises. By George Eaton When Rachel Reeves announced her intention to hold just one “fiscal event” a year, there was much eye-rolling. Previous ...