UK: Chancellor Rachel Reeves set to cut welfare spending by billions

The chancellor has earmarked several billion pounds in draft spending cuts to welfare and other government departments ahead of the Spring Statement. The Treasury will put the proposed cuts to…

UK: Rachel Reeves Reeves backs third Heathrow runway in growth push

Rachel Reeves has backed a third runway at London’s Heathrow Airport as part of a fresh plan to get the UK’s sluggish economy growing. In a speech to business leaders,…

UK: Reeves defends China visit and hails £600m boost to UK

Chancellor Rachel Reeves has defended her decision to travel to China to improve economic ties at a time when soaring government borrowing costs threaten to squeeze UK public finances.She says…