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UK politics
fromBusiness Matters
7 hours ago

Government borrowing surges to 20bn in September as Reeves faces mounting pressure ahead of tax-heavy Budget

Government borrowing rose above £20bn in September, increasing public debt and intensifying pressure on Chancellor Rachel Reeves to consider major tax rises to meet fiscal rules.
fromwww.theguardian.com
5 days ago

Rachel Reeves should consider welfare cuts in budget, IFS says

Britain's leading tax and spending experts have urged Rachel Reeves to consider announcing billions of pounds in welfare cuts in next month's budget to help placate jittery financial markets. After the chancellor gave her strongest hint yet that spending cuts were under consideration, the Institute for Fiscal Studies (IFS) called on Reeves to take bold action to plug a potential 22bn shortfall in the government finances.
UK politics
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UK politics
fromwww.theguardian.com
1 month ago

New headache for Rachel Reeves as OBR expected to downgrade productivity forecast

A significant OBR downgrade to productivity would shrink growth, forcing tax rises or spending cuts of about 20bn to meet fiscal rules and preserve 10bn headroom.
UK politics
fromwww.theguardian.com
1 month ago

I'm not running for Labour deputy leader. I want the freedom to fight for an economic reset | Louise Haigh

Britain needs an economic reset free from short-term fiscal rules to enable transformational public investment, stronger workers' rights, and decisive climate action.
UK politics
fromwww.theguardian.com
2 months ago

UK politics live: Gordon Brown calls for extra defence spending to be exempt from fiscal rules

Current UK politicians show minimal engagement compared to former leaders who actively influence public policy.
UK politics
fromwww.theguardian.com
4 months ago

Reeves's spending review was big on the long term but light on the everyday

Reeves's speech focuses on regional investment to tackle weak productivity and improve economic growth.
Her plans emphasize fiscal rule changes that free up significant funds for capital investment.
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