Rising borrowing costs are expected to eliminate the Chancellor’s headroom against her self-imposed fiscal rules.

An extra £2.2 billion will be spent on the UK’s defence over the next year, the Chancellor is to announce at the spring statement. Rachel Reeves will say the UK must “move quickly in a changing world” ...

Chancellor Rachel Reeves will set out how she will balance the books against a backdrop of economic stagnation.

The British Standards Institution said market participants can immediately start using the Overarching Principles Standard.