Spring Statement 2025: Rachel Reeves’ popularity nears Kwasi Kwarteng levels March 28, 2025 Rachel Reeves’ popularity rating as Chancellor has neared Kwasi Kwarteng levels after the mini-Budget, following the Spring Statement on Wednesday. She set out £14bn in welfare and spending cuts in the House of Commons, including a £4.8bn squeeze on benefits, to restore the £9.9bn headroom she had at the Autumn Budget, which would otherwise have [...]
Booze, chocolate, meat, flights: What will Labour tax next? March 28, 2025 Pitiful growth forecasts will tempt Reeves to impose sin taxes on everything from a can of coke to a holiday, says James Price I’ve previously called the Chancellor Reeves the Roundhead in these pages, in honour of her fun-killing ways. But she’s not the first Chancellor to tax having a good time. A tax designed [...]
US tariffs: Trade secretary won’t rule out cuts to digital services tax March 27, 2025 Jonathan Reynolds has refused to rule out cutting the digital services tax on major tech firms, amid the prospect of looming US trade tariffs. The business and trade secretary insisted the UK government was “committed to ensuring tech companies pay a fair amount of tax in the UK”, but added that the digital services tax [...]
Spring Statement 2025: Labour MP warns of ‘mother of all rebellions’ March 27, 2025 A Labour MP have warned that Sir Keir Starmer and Rachel Reeves could face the “mother of all rebellions” over welfare policy.
After losing IOC election, how about Seb Coe for chair of football regulator? March 27, 2025 It was, with hindsight, not a “keep Seb Coe out” but a “get Kirsty Coventry in” campaign that determined the International Olympic Committee (IOC) presidential election outcome. I was as guilty as most British observers in believing that Seb Coe would take it to the wire. Unconscious bias and all that. In the event, eight [...]
Spring Statement 2025: Rachel Reeves won’t rule out tax hikes at next Budget March 26, 2025 Rachel Reeves has declined to rule out hiking taxes at her next Budget, amid growing pushback from Labour MPs over welfare cuts in the wake of her Spring Statement. The Chancellor told reporters at a press conference that she was focused on growing the economy, despite speculation she will have to find more revenue to [...]
Spring Statement 2025: Workers’ rights bill ‘net negative’ for economy, OBR says March 26, 2025 The government’s workers’ rights bill will “probably [have] net negative economic impacts”, the independent fiscal watchdog has said. Labour unveiled their workers’ rights package – the Employment Rights Bill – last year, and measures were hailed by unions as “common sense” reforms for a “fairer economy”. But according to the Office for Budget Responsibility (OBR), [...]
Spring Statement 2025 should be Reeves’ last March 26, 2025 If there’s one lesson Keir Starmer should learn from Liz Truss, it’s that he should sack his Chancellor Rachel Reeves, says Alys Denby With living standards clobbered by an emergency Budget hastily cobbled together as market forces react against government policy, the spectre of Liz Truss haunted the Spring Statement in more ways than one. [...]
Spring Statement 2025: Reeves bets big on AI and tech March 26, 2025 Chancellor Rachel Reeves delivered her first Spring Statement on Wednesday, setting out an economic plan that could have major implications for the UK’s tech sector as she pivots towards AI. With billions in government cuts, a fresh push for AI-driven efficiencies, and no new tax hikes, the statement signalled a shift towards automation as a [...]
Spring Statement 2025: More welfare cuts to come March 26, 2025 MPs and voters will “hear more” from the Chancellor on welfare cuts at the Spring Statement, the defence secretary has said. John Healey has appeared to confirm that further cuts to welfare spending will be required because the budget watchdog has said previously-announced measures will not save the £5bn a year expected by 2030. The [...]
