UK Labour Insists on 'Right Economic Plan' Amid Downgraded Growth Forecast
Rachel Reeves, Labour's Shadow Chancellor, affirmed the party's economic strategy as the UK's 2026 growth forecast was downgraded, citing ongoing discussions with the Bank of England and energy companies.
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Spring Statement 2026 in brief: what you need to know
A quick guide to official economic forecasts presented by UK chancellor Rachel Reeves on Tuesday
Read full article →Spring forecast: Reeves insists Labour has ‘right economic plan’ as 2026 growth downgraded
Chancellor says she is in close touch with Bank of England governor and is meeting energy companies amid soaring oil and gas prices Business live – latest updates Rachel Reeves insisted Labour has “the right economic plan” for a world that has become “yet more uncertain” as she delivered a spring forecast that downgraded growth for this year. The chancellor was addressing MPs against the backdrop of surging energy prices, as investors fret about the impact of the spiralling conflict in the ...
By Heather Stewart
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