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.
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.
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.
A devastating investigation exposes how £22 billion of public money was handed to unfit firms with Tory links during the pandemic, revealing systemic failures and cronyism at the highest levels of government.
Exclusive: The Crown Estate sold land to government for abandoned HS2 leg, raising questions about royal finances and taxpayer value.
The Daily Mail issues a powerful critique of the UK's unsustainable economic trajectory, warning of dire consequences from unchecked public spending, soaring debt, and a looming crisis that threatens future generations.
Former US President Donald Trump issues a stark warning to incoming PM Keir Starmer, urging the UK to meet its NATO spending commitments. Exclusive analysis on the implications for UK-US relations and national defence.
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.
Outrage in Canada as Premier Doug Ford's government is exposed for spending nearly half a million pounds of public funds on a self-proclaimed communist comedian to write speeches and jokes.
The UK and US have signed a landmark £31 billion tech deal, focusing on AI development and procurement. Critics question the lack of parliamentary scrutiny and potential risks to public funds and data privacy.
A bombshell report reveals the staggering £700 million per year cost of the SNP's net-zero climate policies, posing a severe risk to Scotland's public finances with no clear funding plan.
A Reform UK councillor in Bexley is leading a revolt against a £4 million 'eco-bridge' designed for bats and other wildlife, branding it a scandalous waste of public money amidst a cost-of-living crisis.
Exclusive figures obtained by The Independent unveil the multi-million pound price tag for the controversial state visit, with policing costs soaring into the millions.
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.
Barclays CEO C.S. Venkatakrishnan calls for restraint in public sector wage increases to curb inflation, warning of economic consequences without fiscal discipline.
Prime Minister Keir Starmer faces a monumental challenge as he navigates conflicting promises to boost defence spending for Ukraine while addressing the humanitarian crisis in Gaza. This in-depth analysis examines the fiscal tightrope and political pressu
Former First Minister Nicola Sturgeon delivers stark warning about Scotland's devolved social security system, revealing benefits spending has surged by £7.4bn since 2015. Exclusive analysis shows the growing strain on public finances.
Exclusive: Boris Johnson's private office expenses face fresh scrutiny over links to a business contact. New documents reveal a controversial payment for 'IT services' amidst a DDoS attack, raising questions about financial conduct and the use of public f
The BBC is under fire after it was revealed the corporation spent thousands of pounds of licence fee money on branded mugs urging staff to 'call out bad behaviour', sparking outrage over wasteful spending.
An exclusive investigation uncovers how the British government is secretly spending billions of taxpayer pounds to acquire houses and flats for asylum seekers, bypassing local communities and sparking a major housing controversy.
Scottish ministers confront stark warnings as the nation's soaring benefits expenditure threatens to trigger significant tax increases and austerity measures, testing the limits of devolved powers.
Essex County Council faces a storm of criticism after spending thousands of pounds of public money on a controversial set of new flags, branded 'bonkers' and a 'shocking waste' by furious residents and politicians.
François Bayrou, a key centrist ally of President Macron, has issued a stark ultimatum to the French government, threatening to vote against the 2025 budget and potentially trigger a political crisis over controversial spending cuts. The move exposes deep
Chancellor Rachel Reeves pledges to deliver a budget of 'iron discipline' with tough spending rules, as she accuses the Tories of leaving the economy in ruins. Get the full analysis.
Exclusive: Chancellor Rachel Reeves is poised to deliver her first major Budget in late October or early November, setting out Labour's long-term economic plan. Get the inside track on the key dates and what it means for your wallet.
New data reveals Australian households are spending more than expected, providing a crucial boost to the nation's economy and helping to counter weak growth in other sectors.
A bombshell report exposes the immense taxpayer burden of Australia's political class, with each federal politician costing over AU$2 million per year. Discover the breakdown of salaries, staffing, and perks that make it the world's most expensive democra
Exclusive investigation uncovers the colossal taxpayer-funded bill for Australian state-level Indigenous treaties, with Victoria alone spending millions on its contentious negotiation framework.
Exclusive investigation reveals vast swathes of government departments stand empty as Labour vows to slash the £1bn annual bill for underused offices and get civil servants back to their desks.
A landmark study by the University of Bristol exposes a decade of systematic underfunding of the NHS compared to historical trends, raising alarm over patient care and service sustainability.
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.