There is political agreement that Britain and Europe need to increase military spending. But in straitened times, how can it be done?Can Britain increase defence spending without cuts elsewhere?Rachel Reeves is constrained by...
Read MoreJanuary surplus is still highest on record but below the £20bn City economists had forecastBusiness live – latest updatesA rise in self-assessment and capital gains tax receipts gave the UK’s public finances a...
Read MoreAnnual CPI inflation rate hit 10-month high in January in blow to ministers amid rise in food bills and fuel costsAnalysis: Bank of England faces bumpier road after inflation acceleratesBusiness live – latest updatesUK...
Read MoreAnnual CPI inflation rate hits 10-month high in January, in a blow to ministers as cost of living acceleratesBusiness live – latest updatesUK inflation accelerated faster than expected at the start of this year, eating...
Read MorePlan for ‘reasonable’ 2.8% rises may prove insufficient, forcing chancellor to find billions in extra funding Reeves has three ways to dodge an economic crisis – all are unthinkableRachel Reeves has been warned...
Read MoreScience secretary calls BBC’s reporting ‘totally inaccurate’ after claim chancellor was investigated by former employerRachel Reeves has defended herself and said it would be up to the public to judge her on...
Read MoreDepartments making stretched links between programmes and government ‘missions’ amid fears of budget cutsMinisters are trying to “mission-wash” every item of spending in their departments, according to...
Read MoreChancellor and PM insist there was no wrongdoing after claims she was investigated for alleged misuse of expensesUK politics live – latest updatesRachel Reeves has been accused of having a “cavalier attitude”...
Read MoreForeign secretary says ‘we will discuss issues where the UK and China do not always see eye to eye’ as he meets Wang Yi, Beijing’s foreign affairs ministerKeir Starmer has been forced to cut short a visit to a...
Read MorePM responds to new report claiming chancellor misused expenses and included inaccuracies on her CVUK politics live – latest updatesRachel Reeves has “dealt with any issues that arise” from her career in retail...
Read MoreONS data showing British national output rose in final quarter of 2024 confounds forecasts of 0.1% decline• Business live – latest updatesBritain’s economy unexpectedly grew in the final three months of last...
Read MoreExclusive: Strategies for life sciences to be published earlier but broader report expected in JuneLabour’s long-awaited industrial strategy will not now be published until June, while ministers will bring forward plans...
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The major U.S. index futures are currently pointing to