The British economy unexpectedly shrank during January, piling pressure on Treasury chief Rachel Reeves before a key ...

Chancellor Rachel Reeves has refused to rule out scrapping the two child benefit cap for kids under five. The Labour Cabinet ...

London was plagued by recession fears when official data revealed that the country’s economy went back into reverse in ...

The UK economy shrank by 0.1% in January, which was weaker than forecast, driven mainly by a decline in the manufacturing ...

The British economy shrank in the first month of 2025 compared with December, driven by a decline in production. View on ...

The U.K. finance minister blamed a changing world—an implicit nod to President Donald Trump 's unfurling trade war—for the shrinking size of the British economy. "The world has changed and across the ...

Rachel Reeves today doubled down on planned benefit cuts as she faces a Cabinet revolt. The Chancellor warned that the ...

It’s hardly the news Rachel Reeves would have wished for with fewer than two weeks until her Spring Statement.

Rachel Reeves has issued a new update over incoming Department for Work and Pensions cuts which have left "half" of the ...

Monthly real gross domestic product (GDP) is estimated to have fallen by 0.1% in January 2025, according to the ONS' UK ...

The latest decline in the UK economy - output fell 0.1 per cent in January - is the result of the Chancellor's disastrous ...