Tag: Rachel Reeves
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Reeves may face £30bn funding challenge to meet enhanced defence spending targets
Labour’s commitment to raising defence spending to 2.5 per cent of GDP by 2027—and ambitiously to 3 per cent in the next parliament—could force...
UK economy posts strongest G7 growth amid global uncertainty
The UK economy expanded by 0.7 per cent in the first quarter of 2025, outpacing all other G7 nations and exceeding economists’ expectations. The...
UK faces economic strain as US imposes new car import tariffs
Chancellor Rachel Reeves has confirmed that the UK will not retaliate with tariffs on US goods after Donald Trump’s administration announced a 25% tax...
