The Chancellor will double down on pushing for growth as well as looking for savings in Government spending despite the misgivings of some MPs about 'austerity 2.0'
The chancellor is weathering choppy economic waters – but the roots of these date back much further than Reeves’ time in the job.
Rachel Reeves has insisted that her critics “won’t get me down” after the UK’s poor economic performance led to intense speculation about her future. Keir Starmer was forced to insist that she would remain chancellor “for many many years to come” after initially failing to say her job was safe.
Chancellor faces accusations that her Budget hit economic growth with the £25 billion hike in National Insurance on employers
The Chancellor has insisted that she has more in common with Margaret Thatcher than Liz Truss despite financial market turmoil.
Chancellor of the Exchequer Rachel Reeves said UK regulators are preventing her government from boosting an economy that has flat-lined since Labour came to power last July.
Chancellor Rachel Reeves also insisted she is 'here for the long haul' and said she would not allow her critics, who have called for her to resign, to 'get me down'
British government bonds rallied for a third day running on Friday, all but wiping out a sharp spike in yields since the start of the year that had briefly prompted comparisons with former Prime Minister Liz Truss' mini-budget crisis of 2022.
The under-pressure Chancellor and Business Secretary met with bosses of watchdogs covering the railways, water, energy, and aviation sectors on Thursday
A thriving property market and sales offer benefits to the wider economy because of associated spending on furniture and home improvements.
Rachel Reeves was flying back from China into an economic storm as the Pound lost further ground against the Dollar and the cost of long-term Government borrowing hit a new high early on Monday.
Rachel Reeves has warned Britain’s regulators they must come up with better ideas to boost economic growth after hauling them in for a summit at the Treasury. Seven of the main regulators met the Chancellor to present five ideas each for how they can shift their focus further towards growth.