Rachel Reeves's welfare changes are also predicted to leave 3.8 million families better off, but by a lower amount.

British lawmakers and the public are waiting to see if Reeves will stick to her self-imposed spending and debt rules.

It came as the Government’s official forecaster cautioned that there was a ‘significant risk’ around meeting fiscal rules.

ARC England has published its latest Fee Rate Maps, which show that in addition to year-on-year underfunding, average fee rate uplifts mean services are in crisis.

The OBR forecast that the “investment rule” is also met two years early with net financial debt of 82.9% of GDP in 2025-26 and 83.5% in 2026-27 before falling from 83.4% in 2027-28, to 83.2% in ...

Chancellor Rachel Reeves has announced further cuts to welfare benefits but no tax rises as the Office for Budget ...

From council tax to energy bills, a number of changes are set to come into effect in April that will impact millions of ...

MILLIONS of workers will get a pay rise of £1,400 a year from next week. Chancellor Rachel Reeves has confirmed the ...

While Rachel Reeves chose to boast about higher growth and rising defence spending, she failed to address the elephant in the ...

Chancellor Rachel Reeves says the mix of cuts in welfare benefits and departmental spending and the indirect effect of higher ...

It came after the headroom projected in forecasts linked to the autumn budget ... also indicated that the UK’s base interest rate – which is set by the Bank of England – is set to remain ...

Britain’s Office for Budget Responsibility, a slimmed-down version of the Congressional Budget Office in the US, may be just 15 years old but it’s already one of the most powerful players in the UK.