7 h. ago Scot suing housing association over claims mould ridden flat has destroyed his health

Tony Blair, who has been diagnosed pneumonia three times, says his bouts of ill health and worsening asthma have come after he moved into his Glasgow flat, owned by Queens Cross Housing Association, in 2017.

Politics

43 h. ago Rachel Reeves has found £10bn to save herself from imposing unpopular tax hikes

Her about-turn comes after the Office for Budget Responsibility said the black hole in public finances is closer to £20 billion rather than the £30bn originally feared

Economics

43 h. ago Reeves faces 'credibility crisis' as markets batter UK after Labour MPs force U

Markets have been heaping risk premium on UK borrowing after the Chancellor's extraordinary backtrack - which came despite weeks of heavy hints and tough talk.

Events

47 h. ago Treasury won’t cut threshold for higher rate income tax, say sources – UK politics live

Fallout continues over budget income tax U-turn, with Treasury saying expected fiscal gap has dropped to £20bnThis is from Helen Miller, director of the Institute for Fiscal Studies thinktank, on the market reaction to the chancellor’s reported budget U-turn.Investors will have 2 broad concerns about news that Chancellor won’t increase income tax rates1. Does it signal less willingness to do politically difficult thingsBritain’s long-term borrowing costs were sent soaring as reports suggested the latest U-turn would leave Rachel Reeves scrambling to fill a gaping black hole in the nation’s finances just two weeks before the 26 November budget.Yields on 30-year UK government bonds, also known as gilts, jumped as much as 14 basis points in early trading, and the yield on 10-year gilts also shot up 12 basis points – rising the most since July. Continue reading...

Politics

47 h. ago Streeting says striking doctors ‘extremely irresponsible’ in angry phone

Health secretary unhappy as resident doctors in England have started a five-day strike todayThis is from Helen Miller, director of the Institute for Fiscal Studies thinktank, on the market reaction to the chancellor’s reported budget U-turn.Investors will have 2 broad concerns about news that Chancellor won’t increase income tax rates1. Does it signal less willingness to do politically difficult thingsBritain’s long-term borrowing costs were sent soaring as reports suggested the latest U-turn would leave Rachel Reeves scrambling to fill a gaping black hole in the nation’s finances just two weeks before the 26 November budget.Yields on 30-year UK government bonds, also known as gilts, jumped as much as 14 basis points in early trading, and the yield on 10-year gilts also shot up 12 basis points – rising the most since July. Continue reading...

Events

51 h. ago Markets get jitters after Reeves DROPS Budget plan to hike income tax amid panic that Labour MPs will oust Starmer but she could slash thresholds instead to fill £30bn black hole

The Pound has already taken a hit after the extraordinary U-turn emerged overnight, following weeks of signals that the move would go ahead.

Economics

51 h. ago Markets hammer Reeves after she DROPS Budget plan to hike income tax amid panic that Labour MPs will oust Starmer but she could slash thresholds instead to fill £30bn black hole

The Pound has already taken a hit after the extraordinary U-turn emerged overnight, following weeks of signals that the move would go ahead.

Economics

54 h. ago Major update on Rachel Reeves' plan to hike income tax this month

An income tax rise would help her bridge a fiscal black hole estimated by some economists to be as much as £50billion

Politics

57 h. ago Chancellor Rachel Reeves 'ditches plan to increase income tax' in upcoming Budget, reports say

Chancellor Rachel Reeves makes a U-Turn on decision to increase income tax to fill 'fiscal black hole' spending gap as plan breaks Labour's manifesto pledge

Economics

4 d. ago University of Aberdeen: Over 40 staff take redundancy or retire amid funding crisis

The move is part of a number of measures taken by the university to tackle a funding black hole.

Events

5 d. ago £19million black hole at Sadiq Khan's Greater London Authority revealed as staff warned of job cuts

Full details emerge of feared shortfall in funding, days after 1,500 staff received email alerting them to risk of possible job losses

Events

5 d. ago Greater London Authority's £19million black hole revealed as staff warned of job cuts

Full details emerge of feared shortfall in funding, days after 1,500 staff received email alerting them to risk of possible job losses

Events

5 d. ago Rachel Reeves' 'war on fun' gambling tax explained – and what it could mean for you

The Chancellor's Autumn Budget at the end of the month could see the gambling industry hit with tax hikes as a means for plugging the massive £30bn black hole in public finances

Events

6 d. ago HMRC could launch whistleblower reward scheme worth millions at Budget

HMRC is expected to announce the move at the Budget, in a bid to plug a fiscal black hole

Economics

8 d. ago 49ers have set Rangers back after throwing £40m into a black hole – Saturday Jury

The Record Sport team are put on the spot over the major issues in Scottish football

Economics

8 d. ago Vital services at risk in Wales with social care facing huge black hole, councils say

The financial black hole in social services equates to more than one third of councils' total overspend in this financial year, according to a local government body

Events

9 d. ago Rachel Reeves reveals she's planning to increase income tax at the Budget

The move would break one of Labour’s core manifesto promises in an attempt to close the black hole in public finances Reeves’ government inherited

Economics

1 week ago Rachel Reeves is poised to break ANOTHER promise as she 'plots £300

Chancellor Rachel Reeves could unveil a 3p per mile levy on EVs, on top of other road taxes, as she desperately tries to fill a huge black hole in the public finances .

Economics

1 week ago Rachel Reeves warned not to rely on business taxes to fill Budget black hole

The Confederation of British Industry said the Government ‘cannot pull the business tax lever once again to balance the books’.

Events

1 week ago Judge orders ICE to improve Chicago ‘prison’ after immigrants break down in court describing ‘black hole’ inside

Immigrants say they were treated ‘worse than animals’ inside a facility that’s become a focal point for protests

Events