1 week ago Bond investors count on Trump tariff revenues to rein in US debt

President’s levies now seen as a way to offset president’s tax cuts and keep a lid on government borrowing

Economics

1 week ago Rachel Reeves scrambles to play down claims she's facing a £50bn 'black hole' in the public finances as under

The Chancellor also sought to dampen speculation she is poised to announce a fresh package of tax rises on British businesses and households.

Economics

1 week ago Reeves names last possible date for Budget as she eyes tax hikes to plug £40bn black hole

Sources tell The Independent the chancellor favours raising capital gains tax and introducing a gambling levy to plug the £40bn hole in public finances

Economics

1 week ago Starmer ‘too arrogant’ to admit he’s got things wrong, Badenoch tells Commons

The Conservative leader pressed the Prime Minister on borrowing costs, unemployment, and future tax rises, at PMQs.

Politics

1 week ago I haven't broken the economy, insists Reeves in desperate video plea amid bond market meltdown and fears of tax hike 'doom loop'... as she reveals Budget won't happen until November 26

Rachel Reeves attempted to calm markets by stressing her fiscal rules after interest rates on UK gilts crept up again this morning - having spiked to 27-year highs yesterday.

Economics

1 week ago Britain on the brink? Reeves faces threat of financial crisis as markets send UK borrowing costs rocketing AGAIN

Ministers are struggling to cool alarm after interest rates on UK gilts rose again this morning, having spiked to 27-year highs yesterday.

Economics

2 w. ago Starmer's unhappy birthday: Labour government's popularity crashes to new record low as markets ramp up borrowing costs after desperate reshuffle 'sidelining' Reeves

YouGov found Labour's approval rating has slumped to minus 59 - with 70 per cent satisfied with their performance and 11 per cent dissatisfied.

Events

2 w. ago Tories challenge Rachel Reeves to rule out ‘damaging property taxes’

The Chancellor will have to raise taxes or cut spending by around £51 billion to maintain her current level of ‘headroom’, experts say

Politics

3 w. ago Chancellor will have to raise taxes despite lower borrowing, say economists

Official figures released on Thursday showed that UK state borrowing slowed to £1.1 billion in July, providing some relief for the Chancellor.

Economics

3 w. ago Rachel Reeves considers ‘mansion tax’ to fill Treasury black hole

The chancellor is seeking ways to raise cash in the face of dire warnings about the state of the public finances

Politics

last month DWP State Pension age could rise to 70 as people will have to work longer

The UK state pension age is currently 66, rising to 67 by 2028 - but the Chancellor has said a review into raising the state pension age is needed to ensure the system is "sustainable and affordable"

Economics