The plan presented by the chancellor of the Exchequer, Rachel Reeves, called for spending increases and higher taxes on the wealthy and the middle class.

Britain’s Labour government is set to unveil its second budget, with Rachel Reeves expected to propose new tax measures to fill a £20–30 billion gap amid weak growth, rising costs and mounting fiscal pressures.

Britain's fiscal watchdog, the Office for Budget Responsibility (OBR), apologised on Wednesday after it published its budget forecasts before finance minister Rachel Reeves delivered them in parliament,

EXCLUSIVE: Labour ministers have approved a £750 million Hollywood-style film studio despite passionate local opposition.

Deceleration in pay measures and falling number of payrolled employees gives policymakers green light for rate reduction

UK Finance Minister Rachel Reeves will present her second annual budget to parliament this Wednesday, promising to plug a spending gap of at least £30 billion (€30.4 billion). Reeves has been under

The new reforms, modeled after Denmark, would revoke the U.K.’s legal duty to provide support for asylum seekers, allowing the government to withdraw housing and weekly allowances that are now guaranteed. Benefits could also be denied to people who have a right to employment but don’t work, and those who break the law or work illegally.

Exclusive: Britons also up to £3,700 worse off, leading to calls for the Labour government to improve relations with the EU

Labour MPs Helen Hayes and Debbie Abrahams, who chair the education and work and pensions committees respectively, said it was a “very welcome” move and a “positive start”, but indicated their intention to keep the pressure up by adding they will “keep watch” for the detail in the forthcoming wider strategy on tackling child poverty.

Reeves Puts Final Touches To Keynote Speech We'll bring you all the news from today's Budget speech, which Rachel Reeves, Chancellor o