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The Latest Breaking News from Mel Stride

UK gets biggest cut to growth outlook this year among world’s major economies

The OECD published the biggest downgrade to the UK’s growth outlook for 2026 than any other country in the G20 group of economies.

Evening Standard

Reeves slips into yoga voice to try to soothe fears over costs of Trump’s war

The chancellor was meant to set out her contingency plans but it was an announcement without any announcements in it

The Guardian - UK

Minister plays down job losses as Chancellor prepares to commit to AI drive

Rachel Reeves is expected to pledge the UK to ‘the fastest AI adoption in the G7’ in an annual lecture in the City of London on Tuesday.

Evening Standard

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So Badenoch, Farage and Blair think the Iran war is a great idea? Hmm …

Kemi may be all in favour, but at least economic realpolitik is forcing her to take a slightly different tack

The Guardian - UK

Ex-Nato commander defends Starmer after Trump’s ‘no Winston Churchill’ jibe

Gen Sir Richard Shirreff says US president has launched war of choice in Iran with no clear grasp of how it will end

The Guardian - UK

Reeves’s spring statement? The economy is great, don’t worry about the Middle East

With no spending or fiscal commitments to offer, the chancellor kept it short, sweet and just a little tin-eared

The Guardian - UK

Reeves accused of being ‘tone deaf’ on energy prices as Middle East crisis deepens

Growth forecast cut again and unemployment to rise as chancellor warned economy risks big hit from Iran war – but Reeves insists ‘plan is right’

The Independent UK

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Mandelson arrest latest: Badenoch hits out at Starmer’s ‘deeply flawed’ judgement as ex-Labour peer released on bail

Ex-Labour minister accused of passing sensitive information onto paedophile financier Jeffrey Epstein during time as business secretary

The Independent UK

Triple boost for Rachel Reeves with retail sales jump, exports rise and record public finances surplus

Shoppers returned to spending in the New Year and the Treasury raked in billions more than expected in tax

Evening Standard

Reform would restore two-child benefit cap in full, Jenrick to pledge

The former Tory minister is to make his first speech as Reform’s Treasury spokesman.

Evening Standard

Robert Jenrick to outline Reform UK plans for Bank of England and OBR

Nigel Farage named his top team on Tuesday, which included Conservative defectors Mr Jenrick and Suella Braverman.

Evening Standard

UK economy disappoints in 2025 after ‘subdued’ year-end growth

Official figures showed gross domestic product rose by 0.1% in the fourth quarter, following growth of 0.1% in the previous three months.

Evening Standard

Lib Dem plans to axe the Treasury in London slammed as 'gimmick whose sums don't add up'

The proposal risks sparking worries for thousands of civil servants who work at the economic ministry in Whitehall

Evening Standard

Kemi Badenoch told she’s ‘too slow’ by McDonald’s staff during return visit

Kemi Badenoch previously claimed she ‘became working class’ working at McDonald’s

The Independent UK

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Evening Standard

Tory leader Badenoch returns to McDonald’s kitchen

Kemi Badenoch said she had lots of good memories of working at the fast food chain as a teenager.

The Guardian - UK

Badenoch shoots herself in the foot on the Tories’ long march to the right

Not content with haemorrhaging MPs to Reform, Kemi decides to drive others into the arms of the Lib Dems

Evening Standard

Firms warn over impact of rising business costs from Government policies

Retailer Currys, pub group JD Wetherspoon and supermarket Morrisons became the latest to caution over the effects of business costs hikes.

Evening Standard

London jobs crisis: Rachel Reeves has hit hiring and is driving posts abroad, warns Currys boss

Alex Baldock, chief executive of the technology giant, says the Chancellor has undermined the retail sector

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The Guardian - UK

‘Not so clever after all’: how Robert Jenrick was ejected before he defected

Kemi Badenoch praised for sacking Jenrick before he could announce he was ditching Tories for Reform

The Independent UK

Claims Reeves’s post-Budget U-turns cost her £3bn of £22bn headroom in just six weeks

The chancellor is under pressure to turn her March spring statement into a mini-Budget after a series of concessions and U-turns in recent weeks

Evening Standard

Kemi Badenoch says US action in Venezuela was ‘morally’ right

Ms Badenoch said ‘what happens in Greenland has got to be up to the people of Greenland and the Kingdom of Denmark’.

The Independent UK

Worst investment levels in the G7 ‘should ring alarm bells in Downing Street’

Chancellor Rachel Reeves accused of driving down business confidence with ‘broken commitments’

The Independent UK

UK economy unexpectedly shrank in October in fresh blow for Rachel Reeves

Economy contracted by 0.1 per cent in October, according to the Office for National Statistics

The Independent UK

Reeves admits Budget leaks were ‘extremely damaging’ but insists she wasn’t to blame

Chancellor hits out at ‘too many leaks’ and says inquiry is underway to root out the person responsible

The Guardian - UK

Rachel Reeves will not be investigated over pre-budget briefing, FCA says

Regulator leaves door open for follow-up as it rejects calls for formal inquiry into claims against Treasury officials

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