A major calculation error by the Office for Budget Responsibility (OBR) has reduced Chancellor Rachel Reeves' spending headroom by a staggering £18 billion, sparking fresh worries about her budget’s sustainability ...
The UK’s national debt to soar to an unprecedented level, with experts forecasting it will triple to over 270% of national income in the next 50 years. The warning, issued ...
Labour has described its inheritance as the worst economic situation since the end of the Second World War. This declaration follows the release of official figures revealing that the government ...
Rachel Reeves, Labour’s shadow chancellor, has committed to maintaining a steady tax policy, pledging no new tax measures beyond those already disclosed if Labour wins the upcoming election. Reeves assured ...
With just five weeks until the July 4 general election, Rachel Reeves has declared her readiness to become Britain’s first female Chancellor of the Exchequer, positioning Labour as the party ...
Jeremy Hunt's pre-election tax cut proposals have hit a snag as government borrowing surged above £20 billion last month due to increased spending on benefits and lower tax revenues. According ...
Jeremy Hunt received a significant boost as the latest government borrowing figures revealed the UK's largest monthly budget surplus in over 30 years. According to data from the Office for ...
The coronavirus outbreak and the public health measures taken to contain it has delivered one of the largest ever shocks to the UK economy and public finances. Uk debt is ...
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