2 h. ago Warning issued on ‘vulnerable position’ of UK finances after Starmer’s welfare U

The OBR’s warning piles fresh pressure on Rachel Reeves ahead of the autumn Budget

Events

5 h. ago OBR: Vulnerable UK faces 'daunting' threats to stability of public finances after welfare climbdown

Successive governments’ efforts to put the UK public finances have met with only “limited and temporary success” says watchdog

Economics

6 h. ago UK finances in ‘vulnerable’ position after reversed spending cuts, says OBR

The Office for Budget Responsibility said the state finances were facing ‘mounting risks’ in the face of growing debts.

Economics

13 h. ago Labour refuses to rule out wealth tax to fill gaping hole in finances after £5billion welfare retreat

Chancellor Rachel Reeves is under pressure from unions and Labour MPs to introduce a levy on the rich after the £5billion welfare retreat.

Economics

16 h. ago Labour refuses to rule out wealth tax to fill gaping hole in finances after £5billion welfare retreat

Chancellor Rachel Reeves is under pressure from unions and Labour MPs to introduce a levy on the rich after the £5billion welfare retreat.

Economics

5 d. ago Which tax rises could Rachel Reeves introduce to pay for the £5bn welfare U

Labour’s pledge not to raise taxes on ‘working people’ leaves the chancellor with a limited number of workable options to fill the £5bn hole in the public finances left by this week’s welfare climbdown

Economics

6 d. ago Good Morning Britain’s Ed Balls in fiery clash with Tory MP for ‘waffling’ over welfare cuts

Good Morning Britain’s Ed Balls and Shadow Financial Secretary to the Treasury clashed over welfare cuts, with the presenter chastising the Tory MP for “waffling”.

Politics

3 w. ago ANDREW NEIL: Starmer's claim to be 'investing in Britain's renewal' is delusional drivel in a class of its own

'Our first job was to stabilise the economy and public finances,' Keir Starmer tweeted yesterday morning, a few hours before Rachel Reeves delivered Labour's spending plans.

Politics