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.
Category : Search result: Treasury fiscal rules
IFS warns Labour of severe economic constraints in government
Leading economic think tank warns Rachel Reeves faces 'iron chancellor' reality with limited fiscal flexibility, challenging Labour's spending ambitions ahead of potential government.
Reeves hunts budget headroom to insulate UK economy
Chancellor Rachel Reeves is exploring creative fiscal measures to create additional budget flexibility, aiming to shield Britain's economy from unpredictable bond markets while prioritising economic insulation.
Scammers target Brits over confusing EU travel rules
British travellers face a double threat as fraudsters exploit confusion around post-Brexit EU entry requirements. Learn how to protect yourself from these sophisticated scams.
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.
Reeves shatters Treasury fiscal rules in economic reset
Labour's first female Chancellor announces dramatic overhaul of Treasury spending rules, prioritising economic growth over rigid fiscal constraints in major policy shift.
VAT error gives Reeves £3bn budget windfall
Chancellor Rachel Reeves discovers unexpected £3bn for autumn budget after officials correct significant VAT calculation error, providing relief amid spending pressures.
Badenoch pushes major tax cuts to boost UK economy
Business Secretary Kemi Badenoch makes the case for significant tax reductions to stimulate UK economic growth, challenging Treasury orthodoxy ahead of the next election.
Man City's 115 Charges: Settlement Talks Emerge
Manchester City face pivotal moment as Premier League's unprecedented 115 financial charges could head toward settlement, potentially avoiding lengthy hearing in Autumn 2024.
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.
Critical passport rule could cancel your EU holiday
UK travellers are facing unexpected holiday cancellations and insurance rejections due to a little-known passport validity rule affecting European travel. Discover how to check if your passport is truly valid for your next trip.
Reeves could raise £45bn in taxes without breaking pledges
Chancellor Rachel Reeves could raise £45bn through strategic tax reforms while honouring manifesto commitments, according to new economic analysis examining revenue-raising options.
Reeves urges Labour MPs: Focus on growth mission
New Chancellor Rachel Reeves delivers powerful message to Labour MPs, demanding immediate focus on economic growth and fiscal discipline in government's first days.
Reeves's alcohol duty hike backfires, costs Treasury £1bn
Rachel Reeves's planned increase in alcohol duty is projected to cause a dramatic £1 billion shortfall in tax revenues, according to a damning new Treasury analysis, raising serious questions about the government's economic strategy.
Treasury Warns Reeves: No Cash for Labour's Spending Plans
Chancellor Rachel Reeves receives a stark economic reality check from the Treasury's top official, who revealed there's no cash reserve for new spending, forcing tough fiscal choices.
Treasury's Secret Tax Hike Plans for Post-Election Budget
Exclusive: Treasury officials are drawing up plans for significant tax increases, including a potential 'stealth raid' on pensions and inheritance tax reforms, that could be implemented swiftly if Labour wins the next election.
Spain's little-known airport rule could cost Brits £115
UK holidaymakers flying to Spain are being alerted to a strict airport regulation that could result in a hefty €135 (£115) fine. The rule, often overlooked by tourists, involves a specific document requirement at border control.
Reeves urged to swap 2p NI cut for income tax rise
Exclusive: The Chancellor is facing calls for a radical budget overhaul that would cut National Insurance for workers but increase the basic rate of income tax, a move experts say could simplify the tax system.
Urgent UK Passport Warning For Summer Holidays
British holidaymakers are being warned of a critical post-Brexit passport rule that could see them turned away at the airport. Check your documents now to avoid ruined travel plans.
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.
Reeves Faces £9bn Tax Black Hole in Budget Crisis
Chancellor Rachel Reeves confronts a massive £9 billion fiscal shortfall as Treasury officials reveal grim tax receipt forecasts, forcing potential emergency tax hikes or spending cuts in the upcoming Budget.
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.
Indian woman fined £2,000 at UK airport over customs breach
An Indian woman's dream trip to the UK turned into a financial nightmare after a simple airport oversight led to a staggering £2,000 fine. Discover the crucial rule every international traveller must know.
Tory Flat Tax Bombshell Sparks Furious Clash with Labour
UK politics erupts as Conservatives float dramatic 20% flat income tax, triggering explosive Commons showdown with Starmer's Labour over economic vision.
UK's Most Confusing Road Sign Leaves Drivers Baffled
A seemingly simple white-on-blue road sign is leaving British motorists utterly baffled. Discover the true meaning behind this rare designation and why it's crucial for your journey.
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.
Why Britain must stop fearing imaginary bond vigilantes
The Guardian argues that the UK is paralysed by a mythical fear of 'bond vigilantes', preventing vital investment in public services and infrastructure. It's time to abandon outdated economic dogma.
Reeves Accused of Short-Termism Over Bond Market Reaction
Chancellor Rachel Reeves faces a political storm as she appears to abandon key fiscal rules in response to volatile bond markets, sparking accusations of short-termism and a betrayal of Labour's core principles.
Reeves Vows OBR Power Over Labour Manifesto Costings
Shadow Chancellor Rachel Reeves pledges to give the Office for Budget Responsibility new powers to independently cost Labour's election manifesto, marking a major shift in UK economic policy and transparency.
Reeves vows fiscal discipline as 'green Chancellor'
In her inaugural Mais Lecture, Labour's Shadow Chancellor Rachel Reeves pledges to be 'Britain's first green Chancellor' while committing to strict fiscal rules, marking a significant shift in economic policy.
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