How to balance the UK books: six options open to Rachel Reeves

From spending cuts to tax rises, we rank possible routes to plugging the gap caused by Labour's welfare climbdown

Rachel Reeves is under pressure to tackle a multibillion-pound shortfall in the government finances.

Labour's high-stakes welfare U-turn and a spike in bond markets prompted by speculation over the chancellor's position has dragged the government's tax and spending plans into the spotlight.