Tag: Public Finances

The Treasury is weighing significant reforms to inheritance tax (IHT) in a bid to plug a multibillion-pound hole in public finances ahead of the autumn budget, according to senior sources. ...

The possibility of a wealth tax is back in the spotlight as a government minister suggested it should remain on the table, just days after the business secretary strongly rejected ...

The rising cost of welfare benefits is "devastating for public finances" and has "wreaked a terrible human cost," Prime Minister Keir Starmer has said as he justified the government’s sweeping ...

Analysts are warning that a sharp slowdown in economic growth and rising borrowing costs could strain the government’s finances, forcing Chancellor Rachel Reeves to reconsider her pledge not to raise ...

Work and Pensions Secretary Liz Kendall has dismissed any notion of government discord over the decision to restrict winter fuel payments to only the most vulnerable pensioners.  Instead, she emphasized ...

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 ...

Rachel Reeves is being urged by the influential left-of-center thinktank, the Resolution Foundation, to implement significant reforms in the upcoming budget. The proposals, which focus on capital gains tax (CGT), ...

The Home Office is facing severe criticism after being accused of submitting misleading budget figures under consecutive Conservative ministers, figures which officials knew would not cover the escalating costs of ...

Government borrowing surged to £3.1 billion last month, more than double the figure recorded in the same period last year, as increased spending on public services and welfare strained the ...

Economist, Dr Patrick Asuming, has described the IMF programme signed on by government as the "most costly" for ordinary Ghanaians. According to him, the impact of the IMF programme has ...