Rachel Reeves should announce welfare cuts while delivering a Spring Declaration – United Kingdom Politics Live | Spring 2025 declaration
Reeves says that the world “is changing before our eyes” and the government must respond
Reeves He says that the work has been elected to make changes to the country, to provide safety for workers and to provide a decade of national renewal.
He says this has started.
But now the task “is to protect the future of Great Britain in a world that is changing before our eyes”.
He says that the situation has changed when Putin has invaded Ukraine and threats are increasing.
Key events
Reeves states that the cuts in spring declarations restore £ 9.9 billion in surplus Headroom by 2029/30
Reeves He says that the forecast of the OBR shows, without the measures announced today, the budget would have been in deficit of £ 4.1 billion in 2029/30.
He says he starred to restore the living room scheduled in his budget last year – with a surplus of £ 9.9 billion in 2029/30.
He says it is more than the £ 6.5 billion headroom planned by the last Torly government.
Reeves It is aimed at the forecast OBR.
In autumn he established new tax rules, he says.
He says that people have seen what happens when a government borrows beyond its means. Attack the mini-budget of the goat, saying that the tores “crushed the economy” and ordinary people suffered.
There is nothing progressive in workers who pay the price for economic irresponsibility, he says.
He says that people voted for work knowing that they would not hire risks with public finances.
Remind parliamentarians the two main tax rules.
Reeves He says he remains engaged in one tax event per year.
Reeves says that the world “is changing before our eyes” and the government must respond
Reeves He says that the work has been elected to make changes to the country, to provide safety for workers and to provide a decade of national renewal.
He says this has started.
But now the task “is to protect the future of Great Britain in a world that is changing before our eyes”.
He says that the situation has changed when Putin has invaded Ukraine and threats are increasing.
Reeves provides a spring declaration
Rachel Reeves is delivering his spring station.
The pound touched a minimum of two weeks, just like Rachel Reeves He is preparing to start delivering the spring declaration.
Sterling has lost about half a hundred compared to the US dollar today, at $ 1,2881.
This drop follows The fall in the inflation of the United Kingdom this morning, at 2.8% for Februarywhich increased the possibilities of a cut of interest rate in May (about 54%, according to the latest prices of the monetary market).
The United Kingdom loan costs are also a little lower today (which should please the treasure), but are even higher than other advanced economies such as the United States and Germany (which will not do it).
We will look to see how the chancellor’s words move the markets …
Soil (With) asks for a group of people who make a campaign for more difficult phrases for serious crimes. Will the prosecutor meet them?
Starr He says that the minister of victims is meeting them today and says he will meet the group at another point.
Jerome Mayhew (With) States that Reeves’ plans are collapsing. So it’s time to say to say that he has full confidence in the chancellor.
Starr Answers: “I have full confidence in the chancellor”.
Chris McDonald (Lab) asks for defense works in Stockton North.
Starr He says that defense expenditure is increasing and “this must benefit from British jobs and British companies”.
Vikki Slade (Lib Dem) asks for plans for an incinerator in his electoral college of Mid Dorset and North Poole. Does the prosecutor agree that it is not necessary?
Starr He says he doesn’t know the details of this. It will ensure that Slade receives an answer in writing.
Roger Gale (With) states that the south-east of London lacks a diversion structure if Heathrow is closed. But the Prime Minister agrees that the reopening of Manston airport will help.
Starr He says what happened to Heathrow was worrying. There must be an investigation. But it will not announce parts of the government’s response now.
Blair McDougall (Lab) asks if the Govengment will restore funding for an initiative to help the return of Urkaine children adopted by Russia. He says that some US loans have been cut for this.
Starr He says this is a really important problem. He says the government is financing the job to recover children. He says that the government “will do everything possible to see that these children are back”.
