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Rachel Reeves rocked as oil price explodes – nightmare tax scenario unfolds

Oil markets are in chaos and the timing could hardly be worse for the UK economy, and our beleaguered Chancellor.Brent crude was falling towards $60 a barrel at the start of this month, as global...

Rachel Reeves has crushed hopes of economic recovery as spectre of tax rises looms

Earlier this week I got a rare chance to interview Rachel Reeves. The Chancellor had agreed to speak exclusively with the Daily Express having just announced the details of her humiliating U-turn on...

Rachel Reeves torn to shreds as boast of 'fixing' UK economy blown apart

Rachel Reeves’s claim to have “fixed” the economy was blown apart as official figures showed it shrank in April while the Chancellor was unable to rule out further tax increases. Business...

'Council tax will rise at fastest rate in 20 years thanks to Reeves'

Council tax bills are set to rocket at their fastest pace for two decades following Rachel Reeves' spending review, the chief of the Institute for Fiscal Studies has warned.Paul Johnson said that...

Chris Mason: Spending Review is a gamble on patience in an era of impatience

Reeves takes gamble on patience in an era of impatience4 hours agoChris MasonPolitical EditorGetty ImagesThe hours, days, weeks and even months after a Spending Review can feel like peeling away the...

Rachel Reeves plans Elon Musk-style waste cutting drive to make her sums add up

Rachel Reeves is eyeing up Elon Musk-style spending cuts to government waste in order to make the sums from today’s Spending Review. The Chancellor’s plans have raised incredulous eyebrows after...

Reeves boosts NHS and housing as some budgets squeezed

Reeves boosts NHS and housing as some budgets squeezed38 minutes agoKate WhannelPolitical reporterRachel Reeves has announced an extra £29bn per year for the NHS in England, along with funding...

Rachel Reeves just blew £600billion – this autumn YOU will get the bill

Labour Chancellors are particularly good at it. Today’s Spending Review was Reeves’s first big opportunity to let loose.Spending public money is always more fun than the hard work of saving it,...

Seven ways the Spending Review will affect you

Seven ways the Spending Review will affect you21 minutes agoKevin PeacheyCost of living correspondentGetty ImagesAll the talk of departmental budgets and fiscal rules may feel somewhat distant from...

What we know is in the chancellor's Spending Review

Spending Review: When is it and what might Rachel Reeves announce?22 hours agoDearbail JordanBusiness reporter, BBC NewsReutersChancellor Rachel Reeves faces difficult choices in this week's Spending...

Reeves to set out spending plans up to next election

Reeves to set out spending plans up to next election4 hours agoJoshua NevettPolitical reporterPARachel Reeves is preparing to unveil her highly anticipated spending review, setting out how much money...

Labour civil war brewing after winter fuel U-turn - Could this be next?

Keir Starmer and Rachel Reeves are facing a growing backbench revolt as civil war threatens to engulf Labour. Labour MPs seized Chancellor Rachel Reeves's humiliating u-turn on winter fuel payments...

Keir Starmer and Rachel Reeves owe the nation's pensioners an apology

Today we witnessed a new low for our increasingly desperate and embattled Prime Minister. But Keir Starmer's latest U-turn will do nothing to change the doom loop he has set in motion.He made a...

Three-quarters of pensioners to get winter fuel payment after U-turn

Three-quarters of pensioners to get winter fuel payment after U-turn1 hour agoMichael RaceBusiness reporter, BBC NewsJohner Images/Getty ImagesMore than three-quarters of pensioners will receive the...

Chris Mason: Labour hopes to put winter fuel misstep behind them

Labour hopes to put winter fuel misstep behind them1 hour agoChris MasonPolitical editor•@ChrisMasonBBCReutersThe final act in this slow motion U-turn has played out.The arc of this row runs to...