7 h. ago Taxman's blunder hands Reeves a £3bn boost: Borrowing figures were overstated due to faulty data

Chancellor Rachel Reeves (pictured) must find a way to fill an estimated £30bn black hole in the public finances at next month's Budget.

Economics

63 h. ago Redundancy requests as Renfrewshire HSCP grapples with £19m budget black hole

The partnership had confirmed that it has invited huge swathes of the workforce to consider a voluntary severance.

Economics

5 d. ago Rachel Reeves ready to target bloated asylum bill to plug £30bn black hole in next month's Budget

The Chancellor yesterday received the initial economic forecasts from the Office for Budget Responsibility (OBR) watchdog telling her how much she needs to raise to balance the books.

Economics

9 d. ago Brits on red alert for ANOTHER Labour tax bomb: No10 chief admits manifesto vows on income tax, NICs and VAT only stand 'today' as Reeves warns of Budget 'choices' over '£30bn' black hole

No10 enforcer Darren Jones hinted at pain to come as he insisted Labour's manifesto commitments still applied 'today' - but only because no decisions have been taken.

Events

2 w. ago Reeves must abandon manifesto tax pledges, think tank says amid £30bn Budget black hole

The chancellor is facing mounting pressure to hike income tax amid an expectation that £30bn worth of tax rises will be needed in the Budget

Economics

3 w. ago Inflation sticks at 3.8% with food costs rising in more woe for Rachel Reeves as she faces widening Budget black hole

Official figures showed headline CPI held firm at 3.8 per cent in August, in line with analysts' expectations.

Economics

3 w. ago Inflation sticks at 3.8% in more pain for Rachel Reeves as she faces fresh warning over Budget black hole

Official figures showed headline CPI held firm at 3.8 per cent in August, in line with analysts' expectations.

Events

3 w. ago Tax fears grow as Rachel Reeves faces new £9billion black hole ahead of Budget

Allan Monks, UK economist at JPMorgan, told the Financial Times that even shaving 0.1 or 0.2 per cent from productivity would leave a hole of between £9billion and £18billion.

Economics