Record January surplus falls short of forecasts, forcing reeves into tough tax and spending choices

Unexpected GDP growth of 0.1% defies forecasts, but doubts linger over Reeves’ economic strategy.

The UK economy shrank in the final quarter of 2024, dealing a major blow to chancellor Rachel Reeves’ plans for recovery.

Tax hikes, weak growth, and out-of-control spending push UK towards collapse

Andy Haldane criticises Labour’s economic approach, urging a focus on local growth and older workers to drive the UK economy forward