Reeves faces £30bn budget black hole shock
Chancellor Rachel Reeves confronts staggering £30bn fiscal shortfall in first major Treasury briefing, forcing tough decisions on public spending and economic strategy.
Category : Search result: budget deficit
Secret Mansion Tax Plans Revealed in Budget Leak
Exclusive: Treasury officials are secretly drafting plans for a radical mansion tax targeting multi-million pound properties in what could be the biggest property tax shake-up in decades.
Kirstie Allsopp slams Labour mansion tax as 'fantasy'
Property expert Kirstie Allsopp faces backlash after criticising Labour's proposed mansion tax, calling it 'fantasy' economics that could devastate the housing market.
Barcelona's Best Budget Hotels Under £100/Night
Discover Barcelona's best-kept secret hotels that deliver luxury experiences without breaking the bank. Our expert review reveals where to find style, comfort and prime locations for under £100 per night.
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.
Reeves considers income tax rise to reduce deficit
Chancellor Rachel Reeves is reportedly weighing income tax increases as part of a comprehensive strategy to reduce the UK's budget deficit, according to Treasury sources.
Reeves targets lawyers, accountants and doctors in budget
Chancellor Rachel Reeves is preparing to target lawyers, accountants, and doctors in her upcoming budget with new tax measures aimed at high-earning professionals. Discover how these changes could affect Britain's top earners.
Reeves declares war on wealthy tax dodgers
Shadow Chancellor unveils radical tax crackdown targeting non-doms and private equity loopholes, promising billions for public services while ruling out mansion tax.
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.
Hunt's Inheritance Tax Shake-Up: Budget Changes Explained
Chancellor Jeremy Hunt announces major inheritance tax reforms in Spring Budget, potentially saving families thousands. Discover how the new rules affect pensions, savings, and wealth transfer across generations.
Autumn fashion: 4 complete outfits under £100
Discover how to master autumn fashion without overspending. YOU Magazine's experts curate four complete outfits including shoes and accessories, all under £100 total.
Motability scheme faces cuts in Labour budget
Rachel Reeves's debut budget targets Motability scheme supporting disabled drivers, sparking fears of reduced mobility and independence for thousands across the UK.
Illinois Governor Redirects Gambling Revenue in Budget Move
Governor JB Pritzker proposes redirecting millions in gambling taxes to plug budget gaps, drawing criticism over funding priorities and social responsibility.
Labour's Pension Tax Raid: Budget Threatens Retirement Plans
Rachel Reeves's first budget could target pension tax relief in major revenue-raising move, potentially ending 25% tax-free lump sums for millions of UK workers.
Labour unveils new taxes on wealthy in emergency budget
In a dramatic emergency budget, Chancellor Rachel Reeves has announced sweeping new taxes targeting Britain's wealthiest citizens while blaming Brexit and Conservative policies for the nation's economic crisis.
Reeves gives OBR veto power over budgets
Shadow Chancellor pledges to give Office for Budget Responsibility unprecedented veto power over major tax and spending decisions, learning from Truss's disastrous mini-budget.
Swinney attacks Westminster's 'democratic deficit' in Scotland
Scotland's First Minister John Swinney launches scathing attack on Westminster's approach to Scottish affairs, claiming it undermines devolution and ignores Scotland's democratic voice.
Two-Child Benefit Cap Under Review in Labour Budget
Exclusive: Cabinet minister signals potential end to controversial two-child benefit limit while Labour prepares massive tax hikes targeting Britain's wealthiest in autumn budget showdown.
Reeves challenges OBR authority in economic power play
Labour Chancellor Rachel Reeves launches bold bid to reshape UK economic oversight, seeking to reduce the Office for Budget Responsibility's influence over fiscal policy in dramatic Whitehall shake-up.
Reeves: Treasury has 'no money' left for Labour government
Chancellor Rachel Reeves reveals Treasury discovered 'no money' left as Labour prepares emergency budget to stabilise UK economy and deliver growth plan.
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.
Trump Threatens 2025 Government Shutdown Over Border Wall
Political tensions escalate as former President Donald Trump pressures Republicans to force a government shutdown unless Democrats approve $15 billion for border wall construction, setting the stage for a major fiscal crisis in early 2025.
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.
Best Cheap Hotels in the Lake District 2024
Unlock the magic of the Lake District without breaking the bank. Our expert guide reveals the top cheap hotels, from historic inns to modern retreats, perfect for your next adventure in England's most stunning national park.
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.
Australia's £50BN Debt Interest Time Bomb
Australia is facing a severe fiscal crisis as interest payments on its national debt are projected to skyrocket, consuming an ever-larger portion of the federal budget and threatening future economic stability.
Hunt's Pre-Election Budget Walks Fiscal Tightrope
Exclusive analysis: Chancellor Jeremy Hunt prepares a pivotal pre-election Budget, walking a tightrope between voter-friendly tax cuts and fiscal responsibility as the UK economy sends mixed signals.
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