3 d. ago Telescope discovers 'exceptionally rare' galaxy crash – which could feed destructive black hole

Clever boffins have found a rare galaxy crash unlike any other previously located. The huge five-galaxy strong system could one day feed destructive black holes

Events

5 d. 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

5 d. 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

5 d. ago Universe's first known black hole discovered – and could 'change everything'

Scientists have said it could be a primordial black hole, predicted to exist by Stephen Hawking but never before seen, and said it could change what we know about the formation of the universe.

Politics

5 d. ago Why Rachel Reeves’ landlord tax would make bad situation worse

David J Alexander says the latest plan to fill UK’s £50bn black hole would result in poor income generation and a worsening housing market

Politics

5 d. ago Chancellor Rachel Reeves admits economy 'is not working well enough' as she reveals Budget date

The Chancellor is facing pressure to steady the UK economy and plug a £41 billion black hole in public finances

Economics

5 d. ago Economy ‘not working well enough’, says Reeves as she sets November 26 Budget

There are concerns that the Chancellor will be forced to hike taxes as she seeks to plug a black hole in the nation’s finances.

Economics

5 d. ago Autumn Budget date set for November 26, Chancellor Rachel Reeves announces

There are concerns that the Chancellor will be forced to hike taxes as she seeks to plug a black hole in the nation’s finances.

Politics

6 d. ago Readers' Letters: Edinburgh City Council could solved Swinney's cash problems

A reader has advice for John Swinney as he stares into a financial black hole

Politics

6 d. ago Readers' Letters: Edinburgh City Council could solve Swinney's cash problems

A reader has advice for John Swinney as he stares into a financial black hole

Politics

6 d. ago ‘A paradigm change’: black hole spotted that may have been created moments after big bang

Sighting by James Webb space telescope of black hole with sparse halo of material could upend theories of the universeAn ancient and “nearly naked” black hole that astronomers believe may have been created in the first fraction of a second after the big bang has been spotted by the James Webb space telescope.If confirmed as a so-called primordial black hole, a theoretical class of object predicted to exist by Stephen Hawking but never before seen, the discovery would upend prevailing theories of the universe. Continue reading...

Politics

7 d. ago Rachel Reeves admits Brits 'feel stuck' as dire poll finds nearly two

Chancellor Rachel Reeves is facing a brutal Budget reckoning this Autumn with warnings she has a black hole of up to £50billion to fill.

Politics

9 d. ago Reeves warned she will have to break manifesto commitment on tax to deal with economic black hole

Leading economists have questioned strategy of ‘fiddling around’ with new small taxes – such as the mansion and gambling taxes – to avoid economic crisis

Economics

1 week ago Windfall tax on banks could raise £8bn a year, Rachel Reeves told as she seeks to plug Budget black hole

This money is then partly being funnelled to bank shareholders due to a ‘flawed’ policy design, a new report says

Economics

1 week ago Landlords could face £2billion tax increase under Rachel Reeves plans to plug black hole

Labour insiders have suggested property income could be 'a significant potential extra source of funds' and landlords were a way of targeting 'unearned revenue'

Economics

1 week ago Reeves ‘plots tax raid on landlords’ to help plug £40bn Budget black hole

Chancellor considers applying national insurance to rental income, according to reports

Economics

2 w. ago Scientists reveal the exact date the black hole at the centre of the Milky Way will erupt into life

Scientists have revealed the exact date that the supermassive black hole at the heart of our galaxy will erupt into life, and what will happen to Earth.

Science

2 w. ago Rachel Reeves set to launch 'stealth tax raid' on workers to help fill Labour's £50bn black hole in public finances

The Labour minister is reportedly set to introduce a six-year freeze on income tax thresholds rather than increasing them in line with the cost of living or inflation .

Economics

2 w. ago Which tax rises could fill the £50bn black hole in Britain’s balance sheet?

The Independent looks at Rachel Reeves’ options as she looks to fill the gaping hole in Britain’s public finances this autumn

Economics

2 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