39 h. ago Reeves braced for hole in UK public finances after productivity downgrade

New OBR forecasts set to spark fierce dispute between Labour and Conservatives

Politics

3 d. ago 'Not a zealot of green energy': Rachel Reeves signals North Sea climbdown in blow to Ed Miliband

The Chancellor pledged to support 'homegrown' supplies from oil and gas developments in the North Sea.

Politics

2 w. ago Tax rises ‘inevitable’, experts warn after borrowing soars in another blow for Rachel Reeves

Labour chancellor facing increasing pressure to rescue the UK’s troubled finances

Events

2 w. ago Rachel Reeves dealt budget blow after August borrowing figures released

Experts are now saying further tax rises are 'inevitable'

Economics

2 w. ago FTSE 100 Live 19 September: Tax hikes loom after latest borrowing setback, pound falls

The highest August public sector borrowing figure since the pandemic today dealt a fresh blow to Rachel Reeves.

Politics

2 w. ago FTSE 100 Live 19 September: Borrowing figures blow for Reeves, retail sales higher

The highest August public sector borrowing figure since the pandemic today dealt a fresh blow to Rachel Reeves.

Politics

2 w. ago Savers pulled £70bn from pension pots last year, as fears mount of further Budget tax raid

The figures from the Financial Conduct Authority, the City regulator, marked a 36% increase on the previous year.

Economics

2 w. ago Rachel Reeves could fill a big part of the £50bn black hole WITHOUT cuts or punishing tax hikes, says Jeff Prestridge

Bond fund manager Bryn Jones has come up with a novel way for Chancellor Rachel Reeves to fill a big part of the £50bn black hole in the public finances without raising taxes.

Economics

3 w. ago Labour's growth pledge lies in tatters and I fear there is worse to come, says HUGO DUNCAN

Keir Starmer and Rachel Reeves promised to make Britain the fastest-growing economy in the G7. But there was no growth at all in July. The economy is flatlining.

Politics

3 w. ago UK economy flatlined in July after sharp contraction in manufacturing

The manufacturing sector saw activity fall by 1.3 per cent

Economics

3 w. ago Economy flatlined in July after sharp contraction in manufacturing

The manufacturing sector saw activity fall by 1.3%.

Economics

3 w. ago Britain's 'stuck' economy flatlined in July with zero growth, ONS reveals

‘We know there's more to do to boost growth because whilst our economy isn't broken, it does feel stuck’ - Treasury spokesperson

Politics

3 w. ago UK economy FLATLINED in July in new blow for Rachel Reeves as fears mount over Budget tax hikes to fill huge hole in public finances

UK plc was at a standstill in July, in more evidence of a slowdown that could heap more trouble on the Chancellor.

Economics

3 w. ago UK GDP: Economy flatlined in July with zero growth, ONS reveals

Britain’s economy flatlined in July with zero growth, the Office for National Statistics (ONS) revealed on Friday.

Politics

3 w. ago Rachel Reeves admits high taxes ARE hitting economy as she urges Cabinet to rein in spending to help fill '£50bn' hole in public finances at Budget

Chancellor Rachel Reeves said the burden 'does impact growth' - arguing that expanding UK plc is the only way to improve the public finances.

Economics

3 w. ago Rachel Reeves begs ministers to rein in spending to help fill '£50bn' hole in public finances at Budget

Chancellor Rachel Reeves has written to colleagues warning that they will not be bailed out by the Treasury if they fail to control costs.

Economics

3 w. ago Rachel Reeves hits out at 'unproven' wealth taxes as Labour deputy leader hopefuls and MPs urge her to soak the 'rich' to fill huge hole in public finances

Chancellor Rachel Reeves insisted there was no certainty about what revenue a new levy would bring in as she was confronted by an MP in the Commons.

Economics

last month 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

last month 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

last month Budget 2025: What taxes could Rachel Reeves put up and what does it mean for you

There is fevered speculation about the different taxes that might be in Chancellor Rachel Reeves' sights as she looks to plug a more than £20billion hole in the public finances

Economics