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Will the UK Chancellor announce more spending cuts?
Market Questions is the FT’s guide to the week aheadFinancial Times - 5d -
Reeves announces welfare and spending cuts in Spring Statement
UK chancellor forced to make last-minute savings to shore up the nation’s financesFinancial Times - 2d -
Britons cutting back on spending as confidence in economy falls, survey shows
Most feel financial secure but think UK’s economy is worsening, as chancellor plans welfare cuts in spring statement. Consumers are cutting back spending on everyday items amid falling confidence ...The Guardian - 3d -
Rachel Reeves’ Spring Statement — in charts
UK chancellor sets out welfare cuts and departmental spending squeeze, but she may be forced to raise taxes in autumnFinancial Times - 1d -
Starmer suffers cabinet uprising over UK spending cuts
Opposition grows to plans in areas such as welfare but prime minister insists he will not bend rules to allow more borrowingFinancial Times - Mar. 13 -
What will be in the chancellor's Spring Statement?
Chancellor Rachel Reeves will give more detail about the government's plans for the economy.BBC News - Mar. 9 -
More than a fifth of UK adults still not looking for work
Official figures come after controversial plans to cut sickness and disability benefits were announced this week.BBC News - Mar. 20 -
UK forges ahead with billions in welfare spending cuts as growth forecast halved
British lawmakers and the public are waiting to see if Reeves will stick to her self-imposed spending and debt rules.CNBC - 2d -
The UK is cutting welfare spending to urge people to work. Critics say it will hurt the vulnerable
Britain’s Labour Party government has announced an overhaul of the welfare system it says will save the cash-strapped administration 5 billion pounds, or $6.5 billionABC News - Mar. 18 -
250,000 more people will face relative poverty after Rachel Reeves’ benefits cuts, DWP says – spring statement live
Department for work and pensions says thousands, including children, will be hit by chancellor’s reforms, as OBR forecasts UK growth to halve in 2025. Spring statement 2025: key points at a ...The Guardian - 2d -
Reeves to outline plan to cut regulation costs and boost growth
Chancellor will meet regulators after calling for action to restrict their scope in bid to save businesses billions. Rachel Reeves will meet UK regulators on Monday after calling for more action to ...The Guardian - Mar. 17 -
Chancellor forced to find more savings after watchdog doubts £5bn costing
Chancellor forced to find more savings after watchdog doubts £5bn costingFinancial Times - 2d -
Rachel Reeves warned of tax rises ahead despite £14bn plan to fix public finances
Chancellor makes cuts to welfare spending as economic forecasts slashedFinancial Times - 1d -
Hegseth touts $580M in Pentagon cuts
Defense Secretary Pete Hegseth on Thursday announced the Pentagon is canceling more than $580 million in grants and contracts deemed “wasteful spending.” In a new memo, Hegseth asserts the programs ...The Hill - Mar. 20 -
The UK chancellor’s fiscal holding operation
The government needs to make bold choices ahead of the autumn BudgetFinancial Times - 1d -
How the UK’s welfare cuts will change claimants’ lives
Radical changes that will cut income for 1mn people may not get many more into work, say analystsFinancial Times - Mar. 18 -
Reeves to restrict UK competition watchdog’s merger investigations
Chancellor wants probes by the Competition and Markets Authority to be faster and more predictableFinancial Times - Mar. 17 -
Shell plans more cuts to costs and spending but hands CEO bigger bonus
Increase in pay package comes despite fall in profits and as oil company watered down pledge to cut emissions. Business live – latest updates The oil company Shell has revealed plans to ramp ...The Guardian - 3d -
Germans Reach Deal to Spend Big on Defense, Climate and More
The agreement between centrist parties, led by the likely next chancellor, Friedrich Merz, was billed as a response to America’s shrinking security guarantees.The New York Times - Mar. 14 -
Liz Kendall unveils UK benefits cuts set to leave many sick and disabled worse off
Welfare secretary announces changes aimed at cutting bill by up to £5bn in face of opposition from Labour MPs. UK politics live – latest updates Liz Kendall, the welfare secretary, has faced ...The Guardian - Mar. 18 -
Benefits cuts to fuel ‘recession level’ hit to UK’s poor, warns think-tank
Chancellor has chosen to ‘concentrate the pain’ on sick and disabled, Resolution Foundation saysFinancial Times - 23h -
Benefits cuts to fuel ‘recession level’ hit to UK’s poor, warns think-tank
Chancellor has chosen to ‘concentrate the pain’ on sick and disabled, Resolution Foundation saysFinancial Times - 23h -
Benefits cuts to fuel ‘recession level’ hit to UK’s poor, warns think-tank
Chancellor has chosen to ‘concentrate the pain’ on sick and disabled, Resolution Foundation saysFinancial Times - 23h -
More NOAA cuts, 1,000 layoffs expected, sources say
National Oceanic and Atmospheric Administration (NOAA) employees are expecting more layoffs at the agency, sources say. This comes after drastic cuts as part of President Trump's measures to shrink ...CBS News - Mar. 10 -
Spring statement: Reeves blames ‘global uncertainty’ for deeper spending cuts
Chancellor says tougher measures required to plug fiscal hole after Treasury watchdog halves 2025 growth forecast. Spring statement: key points Analysis: Reeves does reasonable job of ...The Guardian - 2d -
Rayner and Cooper criticised cuts in ‘tense’ UK cabinet meeting
‘Large minority’ of ministers protested about planned spending reductions in their own departmentsFinancial Times - Mar. 14 -
UK Spring Statement 2025: the chancellor’s speech in full
Rachel Reeves’ statement to the House of CommonsFinancial Times - 1d -
‘Game changer’: German spending plans lift bond market’s growth forecasts
Chancellor-in-waiting Merz’s promise to do ‘whatever it takes’ pushes Bund yields sharply higher in anticipation of more issuanceFinancial Times - Mar. 8 -
UK economy shrinks in January; stocks and euro jump on German debt deal – as it happened
UK economy unexpectedly contracts by 0.1% in January in blow to the chancellor ahead of spring statement; Friedrich Merz declares: ‘Germany is back’. Let’s look at the GDP figures in more detail.. ...The Guardian - Mar. 14 -
Tensions grow over UK government plan to cut welfare payments
Work and pensions secretary Liz Kendall prepares to slash spending on health-related benefitsFinancial Times - Mar. 17 -
The Papers: 'Putin's brutal peace' and 'growing pains for Chancellor'
Civilian casualties from Russian air strikes in Ukraine and the UK's economic difficulties lead the papers.BBC News - 3d -
SBA cutting 40 percent of workforce
The Small Business Administration (SBA) plans to cut more than 40 percent of its workforce amid an agency-wide restructuring, it announced Friday. The agency will cut about 2,700 positions out of ...The Hill - 6d -
Chris Mason examines the fiscal dilemmas facing the chancellor
BBC political editor Chis Mason examines the fiscal dilemmas facing the government over spending and growth.BBC News - 3d -
No one knows why UK benefit claims have outpaced peer countries
Asking why might well result in answers that involve spending more moneyFinancial Times - Mar. 19 -
UK social safety net among weakest in rich world, analysis finds
Think-tank report comes as Keir Starmer seeks to convince Labour MPs to back welfare spending cutsFinancial Times - Mar. 12 -
Merz presses Greens to name their terms for German defence spending rise
‘What more do you want from us?’ asks chancellor-in-waiting as he seeks urgent support for fiscal rule changes. Germany’s chancellor-in-waiting has tried to win over the Greens to his ambitious but ...The Guardian - Mar. 13 -
New poll shows risks for Starmer over spending choices
Most Labour voters believe protecting welfare is more important than boosting UK defence budgetFinancial Times - 4d -
The Papers: 'On the backs of the poor' and 'tax rise fears'
Reaction to the chancellor announcing billions in cuts and gloomy economic forecasts dominate the front pages.BBC News - 1d -
Will Rachel Reeves’s tough decisions pay off? Our panel on the spring statement
The chancellor boosted defence spending while piling on further welfare cuts – all set against gloomy growth forecasts Continue reading...The Guardian - 2d -
Starmer to drive through welfare cuts that could affect UK’s most severely disabled
PM faces backlash over plans to tighten eligibility, potentially leaving more than 600,000 claimants £675 a month worse off. Keir Starmer is to defy growing anger by driving through welfare cuts ...The Guardian - Mar. 16