Rachel Reeves

Cheaper chocolate and zoo visits for stressed Britons as government unveils summer relief

British households, pressured by rising living costs linked to the Iran war, are to receive financial relief. Chancellor of the Exchequer Rachel Reeves promises cheaper chocolate and zoo visits.

Streeting resigned - long road to new Labour leadership battle

Britain's Labour Party is heading for a leadership battle, with Health Secretary Wes Streeting expected to challenge Prime Minister Keir Starmer for the party leadership. However, the road to a change of leadership is long, and more candidates are gearing up.

British budget published early – by mistake

"The UK bond and currency markets were shaken when parts of the UK budget were published prematurely by mistake by the country's budget authority. It is a great disappointment and a serious mistake on their part," says UK Finance Minister Rachel Reeves as she begins her budget speech.

UK Government to Cut Expenses by 15 Percent Over Four Years

The British state's running expenses are to be reduced by 15 percent over four years, according to the country's Finance Minister Rachel Reeves. The announcement is made in a BBC interview ahead of a spring budget speech on Wednesday, where Reeves is expected to present more details on the budget cuts.

British Minister: Budget Rules Remain Unchanged

Britain's Finance Minister Rachel Reeves is on a charm offensive in China. Regarding the economic anxiety at home, she says that the main lines of the state budget from last autumn are "non-negotiable".

British interest rates soar – “nightmare”

The British long-term interest rates are at the highest levels since 2018. At the same time, the pound has fallen to its lowest level against the dollar in 14 months.

Despite Brexit: Brits back in Brussels

Wealthy individuals taxed in sharp British budget