Tag: United Kingdom

Rachel Reeves Faces 'Growth Emergency' as Autumn Budget 2025 Sparks Backlash Amid OBR Downgrades

Rachel Reeves Faces 'Growth Emergency' as Autumn Budget 2025 Sparks Backlash Amid OBR Downgrades

Chancellor Rachel Reeves warns of a UK growth emergency as the OBR downgrades forecasts to 1.5% annually, while her Autumn Budget 2025 mixes tax hikes, EV levies, and £14.2bn nuclear investment — amid public approval ratings of -52.

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Chancellor Reeves Announces £12.71 Minimum Wage Hike for 2.7 Million Workers Effective April 2026

Chancellor Reeves Announces £12.71 Minimum Wage Hike for 2.7 Million Workers Effective April 2026

Chancellor Rachel Reeves announces a £12.71 National Living Wage for workers 21+, effective April 2026, benefiting 2.7 million people with up to £1,500 more annually. The move targets cost-of-living pressures ahead of her Autumn Statement.

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