Chancellor Rachel Reeves was this week hit by a growing Labour party backlash over her plans to cut state spending and news that the economy shrank in January. After seven months in the job, a YouGov poll found just one in nine voters think she is doing a good job.

Rachel Reeves has been dealt a major blow after it was revealed Britain’s economy shrank in January. The grim data was unveiled this morning by the Office for National Statistics. They said the fall in gross domestic product (GDP) was mainly down to a contraction in the production sector.

Have your say on whether the Labour chancellor should be replaced after a period of "weak growth" in the UK economy.

The slowdown in January piles further pressure on Rachel Reeves and Sir Keir Starmer ahead off this month’s spring statement

The UK economy contracted by 0.1 per cent for January 2025 a blow to Chancellor Rachel Reeves, according to the latest figures from the Office for National Statistics (ONS). Reeves has pledged to "kickstart the economy" with the fiscal policies outlined in her Autumn Budget and upcoming Spring Statement but she has received backlash from the