Category : Search result: fiscal deficit


IFS demolishes Lib Dem £2.5bn tax cut pledge

Liberal Democrat leader Sir Ed Davey confronts mounting criticism after the Institute for Fiscal Studies dismantles his party's flagship £2.5bn tax cut proposal, revealing significant funding gaps and questioning economic credibility ahead of crucial elec

Trump targets Canada in bizarre trade video rant

Donald Trump has launched a startling verbal assault on Canada in a new campaign video, making wild claims about trade deficits and threatening economic consequences if re-elected.

UK borrowing hits record September high of £15.9bn

New figures reveal UK government borrowing hit £15.9 billion in September 2025 - the highest for that month since records began. Chancellor Rachel Reeves faces mounting pressure as debt costs spiral and economic challenges deepen.

IFS warns Reeves against rushed tax reforms

The Institute for Fiscal Studies cautions Chancellor Rachel Reeves against implementing 'half-baked' revenue-raising measures that could harm the economy and undermine business confidence.

IFS: Government has 'no credible' economic plan

The Institute for Fiscal Studies has launched a scathing critique of both Conservative and Labour economic policies, warning of 'unacknowledged trade-offs' and challenging Liz Kendall's welfare reform ambitions.

Greens: Westminster Voting System is 'Broken'

Following significant gains in English and Welsh councils, the Green Party calls for urgent voting system reform, arguing the current model leaves millions unrepresented in Parliament.

Australia's Budget Deficit Shrinks Faster Than Forecast

Australia's federal budget deficit has narrowed significantly to $11.2 billion, beating Treasury forecasts, though Treasurer Jim Chalmers cautions that structural pressures threaten future economic stability.

Rachel Reeves's Economic Wonderland: Fantasy Over Reality?

Chancellor Rachel Reeves faces mounting criticism as her economic policies draw alarming parallels to fantasy over reality. Experts question the sustainability of her borrowing plans and warn of serious consequences for Britain's economy.

100 Days Of McDonald's: Shocking UK Diet Results

A UK man's 100-day McDonald's-only diet led to staggering weight loss and improved health markers, defying all expectations. Discover the science behind the controversial experiment.

UK Borrowing Hits £37.6bn, Exceeding Forecasts

Chancellor Rachel Reeves faces a stern fiscal test as UK public sector borrowing hits £37.6bn for the first five months of the financial year, exceeding official forecasts and complicating Labour's spending ambitions.

Farage Blasts 'Gutless' UK Leaders in Patriotic Rally

Nigel Farage launches a blistering attack on Britain's political establishment, accusing them of a 'patriotic deficit' and vowing that Reform UK will hold the 'gutless' ruling class to account for their failures on Brexit and national identity.

OBR Downgrade Piles Pressure on Chancellor Reeves

The UK's fiscal watchdog has delivered a major blow to the government's economic plans, downgrading a crucial productivity forecast and threatening billions in planned public spending.

Woman's 4-Size Weight Loss Sparks TikTok Food Warning

A UK woman's viral TikTok transformation reveals the hidden dangers of so-called 'healthy' foods after she lost a dramatic amount of weight by cutting out common dietary pitfalls. Nutritionists issue a crucial warning.

UK Economy Stagnates: Reeves Faces Budget Crisis

Chancellor Rachel Reeves confronts a major economic challenge as latest ONS figures show zero GDP growth in three months to August, putting Labour's ambitious investment plans at risk ahead of crucial Autumn Budget.

Badenoch Slams Labour's Budget Plans as 'Fantasy Economics'

Chancellor Rachel Reeves's first major fiscal event faces fierce criticism from former Tory leadership contender Kemi Badenoch, who warns of 'fantasy economics' and accuses Labour of planning to 'max out the country's credit card'.

Reeves Solves £50bn Problem With Pension Tax Overhaul

Chancellor Rachel Reeves has unveiled a landmark overhaul of pension tax relief, closing a £50bn fiscal black hole and redirecting savings towards a major national investment drive. This bold move signals a dramatic shift in UK economic policy.

Reeves' 'Disastrous' Budget Silence Angers Business Leaders

Chancellor Rachel Reeves faces a furious backlash from business leaders for her 'deafening silence' on the upcoming Autumn Budget, creating crippling uncertainty for UK firms and sparking fears of a major economic misstep.

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