Rachel Reeves is poised to present her Spring Statement today, amid growing fears of substantial cuts to public services.

The Chancellor is predicted to say that the global situation has changed since she delivered the first Labour Budget in nearly 15 years in October 2024, as she justifies an increase in defence spending to counter Russian hostility.

However, with the Office for Budget Responsibility (OBR) watchdog likely to reveal grim growth projections, Ms Reeves will be confronted with difficult decisions as she endeavours to balance the budget.

Spring Statement 2025 predictions from from benefit cuts to tax plans – have your say! Join in the conversation.

Prime Minister Keir Starmer and Ms Reeves are already........

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