Starmer Reshuffles Cabinet, Appoints New Chancellor
Prime Minister Keir Starmer executes a major government reshuffle, appointing a new Chancellor to Number 10 and promoting key allies to strengthen his economic and policy agenda.
Category : Search result: Government borrowing
Epping Forest Council declares 'independence' from government
In a bold political statement, Epping Forest District Council has symbolically declared independence from the UK government in protest against chronic underfunding and the 'broken' council tax system, vowing to withhold part of its payments.
Dutch Government Collapses in Immigration Policy Dispute
The Netherlands' ruling coalition government has collapsed following a bitter dispute over stringent new asylum and immigration policies, triggering a snap election and political crisis.
Taxpayer funds Swinney's stay at Trump Turnberry resort
Scotland's Deputy First Minister John Swinney sparks outrage as it's revealed public funds were used for an official stay at Donald Trump's luxury Turnberry resort, raising serious questions about government spending and propriety.
Reeves' "Healey Moment" as UK Faces £22bn Budget Crisis
Chancellor Rachel Reeves confronts an economic firestorm, drawing stark parallels to Denis Healey's 1976 IMF crisis. With soaring borrowing costs and a £22bn budget black hole, the UK faces its gravest fiscal challenge in half a century.
Octopus Energy Founder Joins UK Government in Policy Role
Greg Jackson, founder of Octopus Energy, takes on a pivotal Cabinet Office role to shape the UK's future energy strategy, leveraging his industry expertise to drive green policy and consumer-focused reforms.
Scottish Government warns of bankruptcy in financial crisis
Scotland faces an unprecedented financial emergency as ministers warn of potential 'bankruptcy' without urgent UK government intervention. Discover the implications for public services and the growing constitutional clash.
Government Adviser Resigns Over Undisclosed Second Job
Senior government adviser Mike Richards resigns after controversy over undisclosed second job with South West Water, raising questions over conflicts of interest in Whitehall.
UK's 'Moron Premium': Borrowing Costs Hit 27-Year High
Britain's borrowing costs have surged to levels not seen since 1997, with markets imposing a 'moron premium' following Chancellor Rachel Reeves' controversial fiscal plans. The gilt yield spike signals deep market anxiety over the UK's economic direction.
UK Government Borrowing Hits 26-Year High
Chancellor Rachel Reeves faces a stern economic test as public sector net borrowing hits £27.6bn, the highest since 1999. Rising debt interest payments and welfare costs drive the surge, complicating Labour's fiscal plans.
Reeves Poised to Overhaul Dreaded Council Tax
Exclusive: Chancellor Rachel Reeves is on the verge of announcing the most significant local government finance reform in a generation, aiming to axe the widely criticised council tax and replace it with a fairer property levy. This seismic shift promises
Westminster in 'Rail Power Grab' Row with Scotland and Wales
The UK government faces a furious backlash from Scottish and Welsh ministers over its plans to centralise control of Great British Railways in Westminster, bypassing devolution settlements and sparking a major constitutional row.
UK Borrowing Costs Hit 27-Year High Amid Reeves Scrutiny
Chancellor Rachel Reeves faces intense scrutiny after UK government borrowing costs surge to levels not seen since 1997, raising fears about Labour's spending plans and economic stability.
Rural Taxpayers Subsidising Urban Areas, Report Finds
A damning new report reveals a 'postcode lottery' in public spending, showing rural communities in England are subsidising urban areas by billions despite facing higher council tax bills and inferior services.
Swinney defiant on legal battles with Westminster
John Swinney, Scotland's Deputy First Minister, declares the Scottish Government will not back down from legal challenges against Westminster, defending Holyrood's right to legislate despite potential multi-million pound court battles.
Rugby League faces £16m funding cut threat
The UK government threatens to withdraw £16m in funding from Rugby League unless key questions are addressed, raising concerns over the sport's future.
Ministers' business-class flights funded by taxpayers
The Albanese government is under fire for spending taxpayer money on business-class flights for ministers, sparking outrage over wasteful spending.
Bank holds base rate at 5.25% amid inflation concerns
The Bank of England has kept interest rates unchanged at 5.25%, offering temporary relief to mortgage holders. However, experts warn that persistent inflation could lead to future hikes, squeezing household budgets further.
Bank of England holds rates at 5.25% amid inflation concerns
The Bank of England has kept interest rates unchanged at 5.25% for the sixth consecutive meeting, as policymakers weigh persistent inflation against economic growth risks. Governor Andrew Bailey signals cautious optimism but warns of lingering price press
Sydney’s Library of Things: Borrow instead of buy
Discover Sydney’s innovative 'Library of Things' where locals can borrow everything from camping gear to high-tech gadgets instead of buying them.
NT government scammed out of millions in payroll fraud
A brazen fraudster swindled the Northern Territory government out of millions in a sophisticated payroll scam. Here's how he did it and the shocking loopholes he exploited.
UK Public Trust in Government Drops Sharply
A recent survey by the Office for National Statistics shows a significant decline in public trust in the UK government. Experts weigh in on the causes and implications.
UK overrides Scotland on Aberdeen freeport funding
Westminster has intervened to approve funding for Aberdeen's green freeport, bypassing the Scottish Government's concerns over fair work conditions.
UK debt crisis deepens as borrowing soars
Britain's national debt has skyrocketed, sparking fears of impending tax rises as the government scrambles to balance the books. Experts warn of tough economic times ahead.
Reeves warns of tax burden as UK borrowing hits record high
Chancellor Rachel Reeves highlights concerns over increasing tax pressures as UK government borrowing reaches unprecedented levels following the Covid pandemic.
Reeves: Govt borrowing fuels inflation crisis
Shadow Chancellor Rachel Reeves criticises the government's borrowing strategy, warning of dire economic consequences as inflation continues to rise.
Reeves reveals Autumn Budget borrowing plans
Chancellor Rachel Reeves outlines new borrowing strategies in the upcoming Autumn Budget to tackle economic pressures, signalling a shift in fiscal policy.
UK government borrowing hits record high outside Covid
UK public sector borrowing hits £16bn in June, double last year's figure, sparking concerns over potential tax increases under Chancellor Rachel Reeves.
Reeves' Budget: Tax Hikes & Spending Cuts
Chancellor Rachel Reeves announces a challenging budget with tax hikes and spending cuts to tackle the UK's rising borrowing costs. What does this mean for households and businesses?
Elon Musk attacks UK government housing policies
Tech billionaire Elon Musk has slammed the UK government's approach to housing and local development, calling for urgent reforms in a heated social media debate.
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