The Latest Breaking News from Rachel Reeves

The UK could be poised to cut billions of pounds from its welfare spend as the Treasury takes the view that there is less room for manoeuvre in the finances than hoped. Only last October, Chancellor Rachel Reeves believed she had almost £10 billion of so-called “fiscal headroom”, essentially a…

Since the 1980s Britain’s military spending has grown in real terms, yet more than half of military jobs have been lost. The sector is hi-tech and low labour, says Khem Rogaly, a senior research fellow at the thinktank Common Wealth

Downing Street said there has been an ‘unsustainable rise in welfare spending’ and reforms will be set out in ‘the coming weeks’.

The current level of £20,000 allowed per person could be cut by 80 per cent

It will fall to Rachel Reeves and the Treasury to fund the PM’s crisis reset. I can help with that, as can John Maynard Keynes, writes Guardian columnist Polly Toynbee

Russia launches latest wave of attacks as Volodymyr Zelensky confirms Ukrainian and UK officials will hold talks in Saudi Arabia next week

Sir Keir Starmer has been seeking to support Ukraine to keep countering Russian aggression.

Research from the House of Commons Library shows 25% of adults in Scotland have cash ISAs.

Chancellor is eyeing welfare system for potential cuts but pensions secretary says more support for jobseekers is key

The remarkable French grandmother and now global icon tops the 2025 Influence List of 50 exceptional women, from campaigners to politicians, businesswomen to television stars, sports champions to artists and influencers

News analysis: In less than three weeks Rachel Reeves will deliver her spring statement to the country - an event which is already shaping up to being a second Budget