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3 months ago

Rachel Reeves is warned that opening the door to spending cuts after market chaos would be 'politically suicidal' - as beleaguered Chancellor faces growing pressure to resign

The Chancellor hinted that billions of pounds in emergency spending cuts could be needed after sceptical financial markets pushed up long-term borrowing costs to the highest rate for 27 years.

4 months ago

Another Labour U-turn! Rachel Reeves defends blocking £10.5bn compo for Waspi women saying it is 'not the best use of taxpayers cash' - after backing campaigners demanding cash

The Chancellor said ministers were right to block the £10.5bn compensation package for Waspis - women born in the 1950s who missed out when the state pension age was raised to 65.

Germany: parliament to declare no confidence in chancellor Olaf Scholz – live

Chancellor triggered path to elections, due to take place on 23 February, by firing finance minister Christian Lindner last month

Scholz, who has campaigned on a pledge of being a “peace chancellor” a…

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