And from April 2026 until the end of parliament, millions of households will see a permanent, yearly, above-inflation boost to their universal credit standard allowance. Britain’s renewal is about ...

A top entrepreneur has rated Rachel Reeves ’ first year in office as Chancellor as a one out of ten performance. Reeves will ...

In its response to the chancellor’s possible resignation, in the face of market jitters the City has made it clear that she ...

But the fact is, our inflation figure of 3.4 per cent compares with 2.4 per cent in the US and 1.9 per cent in the eurozone. No wonder our government has to pay more to finance its national debt ...

UK inflation defied expectations of a fall today as Rachel Reeves' hopes for the economy suffered another blow. Official figures showed headline CPI stuck at 3.4 per cent in May, worse than the 3. ...

Ms Reeves had hoped for overall inflation to decrease after analysts had predicted a slight fall to 3.3 per cent last month. But official figures showed headline CPI stuck at 3.4 per cent.

Chancellor Rachel Reeves is confronting a fiscal crisis of up to £32 billion following Government reversals on the benefit ...

Keir Starmer says he didn’t realise Rachel Reeves was crying in Commons during PMQs - Starmer cheered Reeves on her way to ...

Cataclysmic levels of debt, questionable decisions and ominous warnings from the bond market - City confidence in her is rock bottom — and Rachel Reeves’s high wire act is just one misstep away from a ...

This morning brought more grim news: inflation held stubbornly high at 3.4% in May, barely down from April’s 3.5%. That would be bad enough on its own, but of course, it wasn’t the only blow ...

Inflation remains above the 2% target. (Image: Getty) Inflation fell to 3.4% in May from 3.5% in April as rising food prices offset a drop in air fares and transport costs, official figures show.