Skip to content

What are Rachel Reeves's borrowing rules?

As Chancellor Rachel Reeves prepares for her Spring Statement, BBC Verify looks at what her financial rules are and whether she is on course to meet them.

BBC Verify's Ben Chu has been taking a look.

What do you want BBC Verify to investigate?

18 hours ago

UK government spending

Explore More

A wide shot of Rachel Reeves speaking in Parliament, lots of people are stood watching

Watch: 'If you can work, you should work' says Reeves in Spring Statement

Reeves speaking

Chancellor says Budget will raise taxes by £40bn

Rishi Sunak wearing a blue suit and a grey tie, standing in the Commons

Sunak on Budget: Broken promise after broken promise

Rachel Reeves

Budget choices are not easy but responsible - Reeves

Rachel Reeves

Watch: Reeves 'deeply proud' to be first female chancellor

Head and shoulders picture of Rachel Reeves

'We must change the way we measure debt' - Reeves

Protester at Labour conference

Protester dragged out after interrupting Reeves speech

Rachel Reeves

Previous government made 'unfunded' spending promises - Reeves

Rachel Reeves sitting across from Laura Kuenssberg

Chancellor asked about two-child benefit cap

Rachel Reeves

Reeves: Tory manifesto 'wish list of unfunded promises'

Rachel Reeves

Reeves says Lawson was right on National Insurance

Rachel Reeves

Reeves: Closing tax gap is 'not rocket science'

Rachel Reeves

We can't turn things around straight away - Reeves

Jeremy Hunt at the House of Commons with a smaller photo inset of BBC News journalist Gareth Lewis

What does the Budget announcement mean for Wales?

Rachel Reeves

Rachel Reeves: 'This is Rishi's recession'

Keyframe #5

Reeves quizzed on bankers bonus U-turn

Rachel Reeves speaking in the House of Commons

Reeves: 'Labour is the party of economic and fiscal responsibility'

Rachel Reeves

'Growth has hit a dead end' under Conservatives

Rachel Reeves speaking on Sunday with Laura Kuenssberg

'I don't support the intimidation of MPs' - Reeves on Gaza

Rachel Reeves speaking on Sunday with Laura Kuenssberg

Benefits should increase with September inflation - Reeves

BBC Newsline

BBC Newsline signed summary

A signed summary of BBC Newsline.

A man sat on a pavement with a pile of Cadbury Creme Eggs next to him

Watch: Man caught with Creme Eggs stuffed in jacket

A staff member flagged down a police car and found the chocolate eggs in his jacket, police say.

Dog left paralysed by crash walking with wheels

Darcy was give a 5% chance of walking again but is now on the move again with a set of wheels.

Maeve Bradley has blond hair down below her shoulders and is wearing a fawn coloured top

'All I did was have a baby' - says woman who settled discrimination case

Maeve Bradley alleged alleged she was excluded from a promotion opportunity at Citibank in Belfast during her maternity leave.

Northern Ireland

Burundi President Évariste Ndayishimiye

Rwanda is planning to attack - Burundi president

President Évariste Ndayishimiye says there's "credible intelligence" that Rwanda plans to attack Burundi.

Large flames burning on hill behind temple

Watch: Historic Buddhist temple burns in South Korea wildfires

The wildfires in the country have left dozens dead and caused thousands to evacuate.

Sarah Hanson-Young holding salmon in plastic bag

Watch: Australian senator wields dead salmon in parliament

The Green Party Senator was asked to remove "the prop" from the chamber, as she protested a new bill.

A sign being cleaned

Social media sign cleaning star hits Essex streets

A man whose road sign cleaning videos have gone viral gets his hands dirty in his new home county.

Two people are looking into the camera after doing an interview with a reporter.

'It shouldn't happen again' - Americans react to Signal group chat leak

The White House has confirmed a journalist was inadvertently added to a chat where national security officials discussed a military strike.

3D model SCIF in black and white

Should US officials send messages on Signal?

BBC News

East of England weather forecast

The latest weather forecast for the East of England from BBC Look East.

Three people stroll down a small country lane as large beech trees with long branches hang over their heads.

'We'll try to keep The Dark Hedges around as long as we can'

The Dark Hedges, made famous after appearing Game of Thrones, are coming to the end of their 250-year lifespan.

Northern Ireland

Two alpha jets collides in France

Two French air display jets crash in rehearsal

The three occupants of the two Alpha Jets that collided ejected and were "found alive and conscious".

Wavy road markings, which are a pale brown colour, painted on a black road

Seaside town's wavy parking lines removed

After large protests, a set of wavy road markings in Clevedon are being removed.

JD Vance, Pete Hegseth and Mike Waltz sit on a yellow sofa wearing suits laughing.

Watch: How the Signal group chat fallout unfolded over 24 hours

Some of the key reactions to reports that a journalist was inadvertently added to a chat with high-level Trump officials discussing air strikes in Yemen.

Jeffrey Goldberg is doing a virtual interview with PBS News Hour, sitting at a desk with frames behind him.

Goldberg says officials got 'lucky' it was him inadvertently added to group chat

The Atlantic's Jeffrey Goldberg talks about what he witnessed in the Signal group chat.

Reporter Nelli bird, who has long light brown hair and glasses and is stood in front of a court building and road.

Joanne Penney died from gunshot wound - inquest

Six people have been charged in connection with the murder of Joanne Penney.

A spiral in the night sky

Strange spiral seen in the sky - BBC explains what it was

On Monday, stargazers may have noticed an unusual sight in the sky above the UK.

Science & Environment

A tabby cat lying on a box in a supermarket

Freddie's feline the love from his supermarket fans

The cat is a regular fixture in the Skegness store, and he has picked up fans around the world.

Dawn French with her alpacas

'Just brutal' - Owner speaks of trauma after alpacas shot dead

The owner of the Alpacas Dawn French told BBC Breakfast she has no thoughts on who could have done it.