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Don’t be fooled by recent good news, the UK economy is still in a precarious state
BusinessThe Guardian5mo ago

Don’t be fooled by recent good news, the UK economy is still in a precarious state

Labour MPs may clamour for bolder spending, but – like their Tory and Reform counterparts – they ask for the unaffordable Too many Labour MPs want it all, and no amount of pleading from the top of government about the depleted public finances seems to make a difference. The mainly leftist MPs want all the wrongs of the last 15 years put right and quickly. Their next opportunity to demand more cash arrives when Rachel Reeves delivers her spring statement on 3 March. Continue reading...

Rachel Reeves's Spring Economic Forecast and Business Reactions
BusinessThe Guardian5mo ago

Rachel Reeves's Spring Economic Forecast and Business Reactions

Shadow Chancellor Rachel Reeves presented her spring economic forecast, aiming to project calm amid global volatility, but business leaders expressed doubts about its impact on household finances and the broader economy, with the Iran crisis adding to inflation worries.

UK reports record-breaking surplus of £30.4bn in boost for Rachel Reeves
PoliticsThe Guardian5mo ago

UK reports record-breaking surplus of £30.4bn in boost for Rachel Reeves

Largest January total since records began in 1993 is sharp reversal from December’s £11.6bn deficit The UK government has posted the biggest ever budget surplus, official figures show, after a large boost in self-assessment and capital gains tax receipts. In a boost for the chancellor, Rachel Reeves, in the run-up to her spring statement next month, public sector finances recorded a surplus of £30.4bn at the start of the year, according to the Office for National Statistics (ONS). This was £15.9bn higher than the surplus recorded in January 2025. Continue reading...

UK Spring Statement and Rising Tax Bills
PoliticsBBC5mo ago

UK Spring Statement and Rising Tax Bills

Despite no new tax rises being announced in the Chancellor's Spring Statement, citizens are warned that tax bills are still set to increase due to previously announced measures.

UK Spring Statement Announcement
PoliticsBBC5mo ago

UK Spring Statement Announcement

Chancellor Rachel Reeves is scheduled to deliver an update on the UK economy, known as the Spring Statement, on March 3, accompanied by an economic forecast.