The Spring Statement was meant to be a routine update on the public finances but Reeves made more extensive changes after her plans were blown off course by lower growth and higher government borrowing costs. Reeves used her statement to announce a further £2.2bn for defence, while a target has been set to reduce the administrative costs of government departments by 15% by 2030. Real household disposable income per person is expected to grow by an average of around 0.5% a year, the OBR said. Economist Paul Johnson, director of the Institute for Fiscal Studies, told BBC Breakfast this was "actually a pretty feeble rate of growth". On social media, Labour MP Jon Trickett said: "I will not be voting for cuts to poorest people on welfare benefits.

UK government debt and stocks rallied on Wednesday after the chancellor was warned of a near-£600 billion debt interest bill over the next five years amid hundreds of billions of pounds of new borrowing. Yields on the UK’s benchmark ten-year bond edged down after the Debt Management Office (DMO), the organisation tasked with selling government debt, said it would issue fewer bonds than investors had envisioned. The DMO’s gross bond issuance will remain at £299 billion in the fiscal year, below forecasts of a jump to about £310 billion anticipated by analysts. Although the figure was lower than expected, it is among the highest ever. The borrowing remit was published amid a swathe of documents that accompanied the chancellor’s spring statement on Wednesday, in which

Poll Do you believe the auto tariffs will negatively impact the U.S. economy? We'll effectively be charging a 25 per cent tariff," Trump told reporters.The tariffs, expected to generate $100 billion annually, will take effect on April 3. However, concerns are mounting over rising costs for automakers, potential job losses, and retaliatory measures from affected nations. "The Trump administration argues the tariffs will boost US manufacturing and reduce the trade deficit. With automakers scrambling to assess the impact, global trade tensions are set to rise.

Britain has reduced its military footprint in Estonia by hundreds of troops and to fewer than ten tanks despite pledging to increase it to tackle the rising threat from Russia, The Times can disclose. The military’s financial problems are deemed by allies to be so severe that the UK is struggling to meet its commitments to Nato’s eastern flank, a former commander of the Estonian defence forces has claimed. Riho Terras, now an MEP, told Times Radio that the UK appeared unable to put together a brigade-sized force, typically around 3,000 to 5,000 troops, for an exercise in the spring and it concerned him the UK and others were not “taking seriously our defence”. Riho Terras suggested the UK has problems with “financing” TIMES PHOTOGRAPHER RICHARD POHLE“The UK has difficulties to put together one brigade to participate

Cancer doesn’t just impact the person diagnosed: it affects the lives of everyone who cares about them. Macmillan’s brand partnership with The Times shows readers how they can help all those needing supportLoved ones often find themselves navigating through the emotional strain as they try to provide support of those affected. This sponsored content highlights moving stories of people who are being helped through their or their loved one’s cancer journey by Macmillan. The content encourages readers to learn more about the process of leaving a will by using a QR code.

What the papers say – March 27Reaction to Chancellor Rachel Reeves’ spring statement dominates Thursday’s headlines. The Daily Mirror and The Guardian say the Chancellor has been accused of balancing the budget “on the backs of the poor” after official figures revealed 3 million households could lose up to £172 in yearly benefits. Tomorrow's Papers Today 📰 ANGER AT LABOUR'S WARFARE STATE 🔴 Chancellor under fire again#tomorrowspaperstoday pic.twitter.com/R0BwgY6BJa — Metro (@MetroUK) March 26, 2025The Financial Times leads on warnings from economists, who say that Ms Reeves may be forced to raise taxes again in the autumn budget. Britain could face five years of record taxes, according to the Daily Telegraph. The front page of today's Daily Telegraph: 'Five years of record taxes' pic.twitter.com/7n6HDskF8v — The Telegraph (@Telegraph) March 27, 2025The Daily Express nicknames Ms Reeves “reckless” and accuses her of “tanking” the economy, while the Daily Mail says the Chancellor’s spending plan has branded her “deluded”.

A blue and white spiral in the night sky is seen from Sweden. A large, bright blue spiral spotted over Europe on Monday night sparked chatter on social media about what might have caused the mysterious vortex. Videos posted on X showed a blue orb in the night sky that was visible in the U.K., France and other countries. What are we thinking this spiral, now appearing in the night sky over Europe, could be? pic.twitter.com/wUyAdb8KsD — Conspiracy Kitchen Podcast (@Conspirakitchen) March 25, 2025AdvertisementIn a post on X, AccuWeather said the mesmerizing blue spiral might have been caused by a SpaceX Falcon 9 rocket.

Rachel Reeves faces having to raise taxes or cut spending if President Trump follows through on his threat to impose tariffs on Britain next week, the official budget watchdog has warned. The chancellor was forced to announce a £14 billion package of cuts to repair the public finances in her spring statement after the Office for Budget Responsibility halved growth forecasts. But the budget watchdog warned that there was a 50 per cent chance that Reeves would be forced to return with further cuts or tax rises as soon as October amid concerns that the UK’s economic outlook will deteriorate still further. • The spring statement in full: who are the winners and losers? It said that Reeves’s decision to leave herself with a “tiny”

Britain's finance minister Rachel Reeves is set to detail billions of pounds of spending cuts in her Spring Statement on Wednesday to address the country's ailing public finances.The spending update comes as the Labour government, elected in July after a landslide election win, faces sluggish economic growth and rising borrowing costs.In a glimmer of good news, Britain's annual inflation rate eased to 2.8 percent in February, down from 3.0 percent in January, according to the Office for National Statistics.But despite the slowdown, inflation remains elevated above the Bank of England's two percent target. The central bank kept interest rates unchanged last week after a series of cuts, warning of "economic uncertainty".Reeves has warned that since her inaugural budget in October, "the world has changed. "Heightened global uncertainty over US tariffs and the war in Ukraine have added to the UK's economic woes, chipping away at the Labour government's £9.9 billion ($12.8 billion) fiscal cushion.Prime Minister Keir Starmer has recently pledged to hike spending on defence, with the government announcing late Tuesday a £2.2 billion boost next year. "This moment demands an active government stepping up to secure Britain's future," Reeves said in a press statement ahead of the fiscal update.An advocate of iron discipline over public finances, Reeves is set to detail cuts to welfare payments and government departmental budgets in Wednesday's highly-anticipated update.An accompanying forecast from the Office for Budget Responsibility, the country's spending watchdog, is expected to paint a gloomy picture of the outlook for the UK economy. "The Chancellor (Rachel Reeves) is unlikely to announce much today that will help quell the fears around the UK economy," commented Lindsay James, investment strategist at wealth management firm Quilter.

The Irish Times assembled a panel of 60 experts – authors, critics, academics, festival curators, booksellers and journalists – to decide the best Irish novels and short story collections of the years 2000-2025. The result was a ranked list of 100 works of fiction, with Milkman by Anna Burns (2018) decided as the best Irish book of the 21st century. With almost 2,000 votes cast, Small Things Like These by Claire Keegan (2021) was chosen by readers as the best book. Although the expert panel favoured Milkman, Keegan’s haunting story of institutional abuse by the Catholic Church was not far behind in fourth place. To determine the best books of the 21st century so far, our experts initially each submitted 50 favourites.

Censors’ decision disappointing and heartbreaking: SuriSantosh, the UK’s official entry in the Oscars’ international feature category and a Bafta nominee for best debut feature, has been blocked by Indian film censors, according to a report in UK daily Guardian.Written and directed by British-Indian filmmaker Sandhya Suri , the film was made in India and is in Hindi. According to the Guardian report, Central Board of Film Certification refused to clear the film over concerns about its negative portrayal of police — “depicting deep-rooted misogyny, discrimination against Dalits and the normalisation of mistreatment and torture by police officers.”Several CBFC board members TOI spoke to said they were unaware of reasons behind uncertainty over the release in India. Only the chairman is privy to the board’s day-to-day functioning.” Other board members declined to comment, saying only CBFC chairperson Prasoon Joshi would speak on the issue. Only an insecure society censors art in any form Art, creativity, and literature form the soup that nourishes society. But in the end it was just too difficult to make those cuts and have a film that still made sense, let alone stayed true to its vision,” the Guardian report quoted Suri as saying.

SO, after all the days of spin and expectation management, what is the verdict on the Chancellor’s Spring Statement? Spring Statement - key points KEY announcements from the Spring Statement: No new tax rises : The Chancellor ruled out further tax hikes and pledged to crack down on tax avoidance, aiming to raise an extra £1bn. And firms were not given any concessions in the Spring Statement either, despite their pleading. What is the Spring Statement? By Ryan Sabey, Deputy Political Editor: Rachel Reeves is delivering the Spring Statement - nearly fifty years after the first such "mini-Budget" was delivered.

Some of the street furniture, the backless benches in particular, have been hit with criticism and inspired bemused reactions, with some online likening them to ‘cheese graters’. Wiltshire Council has previously confirmed the benches were provided by two British companies: the backless Zadig benches by All Urban, and the more traditional, backed benches by Artform Urban Furniture. A Google Street view shot from May 2019 shows the benches installed on the Rue du Midi, occupied by several pedestrians. Google Street View shot of the benches from May 2019. SEE ALSO: Controversial street furniture in Trowbridge cost £55k“The shape is rendered in steel while the motif pattern accentuates the aesthetics of the design.

The trio are among 100 places named in the annual 'Best Places to Stay in the UK' list by The Times, which is put together by a team of 'experienced reviewers' who stay at 'hundreds of properties' across the country. The Bull in Burford, which opened in 2023, won 'best romantic hotel'. The Bull in Charlbury was ranked fifth in the list, described as 'like the pitch for a bromance movie'. The Bull in Charlbury (Image: The Bull Charlbury) Estelle Manor outside of Oxford, which opened in 2023, was ranked sixth. The Times said whittling down the 'long list' is 'always tough' and the high standards this year 'caused some headaches' in the decision-making.

British authorities issued a record fine against one of the country’s universities on Wednesday for issues including failing to “uphold the freedom of speech and academic freedom” in a policy statement on transgender equality, an escalation in the debate over student and staff rights on campus. The Office for Students, the regulator for higher education in England, imposed a penalty of 585,000 pounds, more than $755,000, on the University of Sussex. The fine from the regulator, the Office for Students, comes amid fraught conversations about both trans rights and free speech on campuses in the United States and Britain, with many universities trying to balance the right of free expression with preventing hate speech. Dr. Stock quit in 2021 after she was accused of being transphobic by students and activists for arguing that transgender women were not women. She said she faced a campaign of harassment, bullying and character assassination before quitting.