Rachel Reeves faces £20bn Labour budget black hole
Labour's Chancellor-in-waiting faces tough spending decisions as Treasury analysis reveals massive funding shortfall, forcing potential tax rises or spending cuts.
Category : Search result: spending cuts
Amazon axes hundreds more UK jobs in new cuts
Amazon continues its global workforce reduction with significant cuts to its UK operations, affecting hundreds of employees across multiple divisions including its streaming and Alexa teams.
Britons prioritise gyms amid cost of living squeeze
New data reveals millions are cancelling streaming services and switching to budget supermarkets while prioritising gym memberships amid economic pressures
Charities warn Reeves: Don't cut public services
More than 120 charities and community organisations plead with Chancellor Rachel Reeves to protect essential services from spending cuts in upcoming budget decisions.
IFS urges Rachel Reeves to consider welfare cuts in budget
The Institute for Fiscal Studies delivers stark warning to Chancellor Rachel Reeves, stating benefit cuts cannot be ruled out in upcoming budget despite political risks.
IFS delivers damning verdict on Hunt's Budget
The Institute for Fiscal Studies has launched a scathing critique of Jeremy Hunt's Budget, warning of 'unprotected' public services and fiscal uncertainty ahead of the general election.
Trump axes 10,000 jobs, protects military pay in shutdown
Exclusive: Former President Trump directs controversial budget cuts while ensuring military salaries continue amid looming government shutdown crisis
Reeves faces tax rise or spending cut dilemma in budget
Chancellor Rachel Reeves faces difficult decisions as IMF analysis reveals significant fiscal shortfall, with potential tax increases or spending cuts looming in Labour's inaugural budget.
Brits slash spending as inflation squeezes households
New Kantar research reveals how UK households are cutting back on essentials and switching to budget brands amid persistent inflation pressures.
California Governor Newsom freezes major state projects
California Governor Gavin Newsom suspends numerous infrastructure projects including high-speed rail and climate initiatives amid significant budget deficit concerns, sparking political debate.
NHS and Police spend £70M on diversity officers
Exclusive investigation uncovers massive taxpayer spending on equality and diversity officers across public services while frontline services face cutbacks.
The False Economy of Public Service Cuts
New economic analysis reveals how short-term spending cuts on essential services create massive long-term costs for taxpayers and communities across Britain.
Government slashes museum funding in major shake-up
Major English museums face devastating budget cuts as Arts Council England redirects funding away from traditional institutions toward 'levelling up' agenda, sparking outrage in cultural sector.
Badenoch: Half of spending cuts to reduce deficit
Chancellor Kemi Badenoch announces radical new fiscal policy requiring 50% of spending reductions to directly tackle Britain's budget deficit, reshaping economic strategy.
Tories Unveil Radical Welfare Cuts Plan
The Conservative government announces sweeping welfare reforms that could significantly reduce benefits payments for millions, sparking immediate backlash from charities and opposition parties.
Tory Conference Explodes Over Welfare and Immigration Clash
The Conservative Party conference descends into chaos as deep welfare cuts collide with controversial immigration policies, exposing major rifts within the party while Labour positions itself as the government-in-waiting.
BBC defends World Service cuts for defence budget
BBC executives face scrutiny as they justify redirecting World Service funding to defence priorities, raising concerns about Britain's global voice and diplomatic influence.
Trump and Vought threaten government shutdown
Former President Donald Trump allies with ex-adviser Russ Vought in a dramatic push to force a US government shutdown unless Congress accepts sweeping spending cuts and policy changes.
Tesco warns budget cuts could push prices higher
Tesco chairman John Allan cautions that government spending cuts could trigger 'substantial' price rises for consumers already struggling with inflation.
Trump's 'DOGE-Style Bloodbath' Shutdown Threat Backfires
Former President Donald Trump is reportedly preparing aggressive spending cuts reminiscent of cryptocurrency volatility, as a potential government shutdown could create political chaos that ultimately damages Democratic interests.
US Shutdown Crisis: Democrats Accuse Agencies of Sabotage
As a potential US government shutdown looms, Democratic lawmakers allege federal agencies are deliberately withholding crucial information about Republican spending cuts, creating a political firestorm in Washington.
Trump's SNAP cuts spark UK food bank crisis
As Trump administration slashes food stamp funding, British food banks report alarming surge in demand from vulnerable families facing hunger crisis.
Trump and Vance push for government shutdown over spending
Donald Trump and running mate JD Vance push Republicans toward October government shutdown in aggressive spending confrontation with Democrats.
DWP Faces Backlash Over £12bn Welfare Cuts Plan
Labour's Pat McFadden condemns DWP's planned £12 billion welfare cuts, warning they will severely impact disabled individuals and low-income families reliant on Universal Credit and Personal Independence Payments.
UK Aid Cuts to Ukraine Are 'Gift to Putin' - Shapps
Defence Secretary Grant Shapps has issued a stark warning that the UK's drastic cuts to military aid for Ukraine represent a dangerous 'gift' to Vladimir Putin, undermining the fight against Russian aggression and risking global security.
NHS Job Cuts Crisis: ICBs Axe Hundreds of Posts
Exclusive: NHS England's new Integrated Care Boards are cutting hundreds of jobs despite promises of improved healthcare, triggering union outrage and patient safety concerns as financial pressures mount.
IFS Exposes £18bn Black Hole in Labour's Spending Plans
New Chancellor Rachel Reeves faces immediate economic reality check as Institute for Fiscal Studies exposes £18bn black hole in Labour's spending plans, forcing potential cuts to public services.
US Schools Face Financial Cliff as Federal Covid Aid Ends
American schools are bracing for severe cuts as a $190bn federal pandemic aid package expires, threatening teacher layoffs, programme cancellations, and larger class sizes across the nation.
Millions of Brits Too Scared to Enjoy Outdoors Due to Costs
Shocking new research shows the UK's cost-of-living crisis is forcing families to cancel summer plans, with millions too worried about finances to enjoy simple outdoor pleasures.
ITV closes Good Morning Britain canteen in budget cuts
Exclusive: ITV has sparked internal fury after closing the flagship Good Morning Britain staff canteen in drastic budget cuts. Presenters and crew are now forced to bring packed lunches as the broadcaster slashes costs.
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