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Reeves says ‘everything is fine’ as economy burns

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04.03.2026

Wednesday 04 March 2026 5:07 am  |  Updated:  Wednesday 04 March 2026 6:29 am

Reeves says ‘everything is fine’ as economy burns

By: Christian May

Editor-in-Chief

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Growth down, unemployment up (Image: PA)

Having stripped the ‘fiscal’ element from the fiscal event, we were left with simply an event. But was it even that? It could have been called an occasion, but even that might have been stretching it. What we actually got was a Spring Statement that amounted to little more than a Labour party conference speech.

We weren’t expecting fireworks, but was it too much to hope that the Chancellor might meet the gravity of the moment?

For context, war has........

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