Category: Office for Budget Responsibility

Keir Starmer urged to get tough with Trump as US tariff threat looms

PM told to be as robust as Canada with the US president as the UK stages last-ditch talks to strike trade dealKeir Starmer should fight back strongly against Donald Trump if he imposes punitive tariffs on British exports, senior...

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Spring statement 2025: what does it mean for your finances?

OBR says average income of 3.2 million families affected by benefits cuts will drop by £1,720 a year in real termsThe chancellor, Rachel Reeves, has delivered her spring statement, and the Office for Budget Responsibility...

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Spring statement 2025: key points at a glance

Rachel Reeves has delivered her economic update – here are the main points, with political analysisReeves announces deep cuts to welfare and public servicesAnalysis: Reeves does reasonable job of justifying fiscal prudence...

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Everything is great, nothing to see here, Rachel Reeves tells MPs | John Crace

Chancellor delivers a spring statement strong on wishful thinking and light on compassion for those hit by cutsUK politics live – latest updatesWhatever you do, just don’t call it an emergency budget. It’s a...

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Reeves says poverty figures from spring statement cuts don’t take into account impact of getting people into work – live

More than 3 million families will lose out as a result of sweeping cuts to welfare, official analysis showsSpring statement 2025: key points at a glanceRachel Reeves will not be raising taxes in the spring statement today, even...

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OBR warns of Trump tariff uncertainty as it downgrades UK growth

Treasury watchdog says Rachel Reeves will also face higher borrowing costs in report issued alongside spring statementReeves blames cuts on ‘global uncertainty’Key points at a glancePolitics live –...

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250,000 more people will face relative poverty after Rachel Reeves’ benefits cuts, DWP says – spring statement live

Department for work and pensions says thousands, including children, will be hit by chancellor’s reforms, as OBR forecasts UK growth to halve in 2025Spring statement 2025: key points at a glanceRachel Reeves will not be...

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Keir Starmer faces PMQs before Rachel Reeves delivers spring statement – UK politics live

Chancellor is expected to announce further welfare cuts when she outlines departmental spending plansRachel Reeves will not be raising taxes in the spring statement today, even though there are many people on the left who would...

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Keir Starmer to face PMQs before Rachel Reeves delivers spring statement – UK politics live

Chancellor is expected to announce further welfare cuts when she outlines departmental spending plansRachel Reeves will not be raising taxes in the spring statement today, even though there are many people on the left who would...

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Further welfare cuts expected as Rachel Reeves prepares to deliver spring statement – UK politics live

Keir Starmer will face Kemi Badenoch at PMQs before the chancellor delivers her spring statement Good morning. This time last week Stephen Timms, a welfare minister, was doing an interview round to defend the £5bn...

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Five economic factors that will govern Rachel Reeves’s spring statement

The chancellor will address MPs on Wednesday, warning of tough spending cuts amid rising government borrowing costsWhat to expect from Rachel Reeves’s (brief) spring statementRachel Reeves will give her spring statement on...

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