Britain's economy unexpectedly contracted in January, extending a run of stop-start data that has dogged finance minister ...

Chancellor Rachel Reeves is giving an update on the government's economic plans for the UK in the Spring Budget address on Wednesday, 26 March.

The U.K.'s economy unexpectedly shrank by 0.1% month-on-month in January, official figures showed on Friday. Britain's Office ...

More than half of Prime Minister Keir Starmer’s cabinet have urged his chancellor, Rachel Reeves, to rethink her plans to ...

Top economist Vicky Pryce has warned that the UK could face a recession if the US economy deteriorates. Speaking on GB News, ...

Opposition grows to plans in areas such as welfare but prime minister insists he will not bend rules to allow more borrowing ...

Sterling was weaker against the dollar, and the March 26 U.K. budget presents a negative event risk for the currency, ING said.

Ministers must get a grip of broken benefits system, Rachel Reeves insists - Labour MPs are worried about the impact of expected cuts to the welfare budget.

While MPs are pushing for PIP to be uprated in line with inflation as normal, rather than frozen to save money, the Government is understood to be working on tweaks and concessions that will protect ...

The government is set to cut £6 billion from the welfare budget before the spring statement, with some payments set to stay the same in April ...