Special needs school funding crisis deepens
English councils face a staggering £1.5 billion deficit as special educational needs spending skyrockets, forcing difficult cuts to mainstream school funding and other vital services.
Category : Search result: Treasury funding
University AI funding frozen over diversity policies
Dalhousie University's artificial intelligence research funding has been suspended by the Canadian government amid concerns over diversity-focused hiring practices, sparking debate about academic freedom and equity policies.
Streeting blocks Treasury VAT raid on private healthcare
Exclusive: Shadow Health Secretary Wes Streeting vetoes Treasury plans to impose VAT on private healthcare, sparing millions of families from tax hikes as Rachel Reeves searches for revenue.
Gambling taxes to rise as child benefit cap stays
Rachel Reeves faces backlash as Treasury plans gambling levy increase while maintaining controversial two-child benefit limit, creating fiscal storm.
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.
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.
Court Upholds Trump Admin's UCLA Funding Cut
A US federal judge has upheld the Trump administration's decision to withdraw funding from UCLA, siding with the government in a pivotal case centred on allegations of antisemitism and free speech violations on campus.
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.
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.
Reeves faces backlash over gambling lobby event during tax review
Chancellor Rachel Reeves set to address gambling industry leaders at private event while Treasury considers major tax reforms that could save sector billions. Critics question 'access and influence'.
Teachers reveal shocking state of UK schools: freezing classrooms, broken furniture
Exclusive investigation reveals the harsh reality of England's school funding crisis as teachers describe classrooms with broken furniture, inadequate heating, and severe resource shortages forcing desperate cost-cutting measures.
ONS rejects Chancellor Reeves's economic growth forecasts
The Office for National Statistics has dealt a major blow to Chancellor Rachel Reeves's economic plans, refusing to endorse her growth forecasts and sparking a political row over the new government's financial strategy.
Royal Shakespeare Company urges staff to take redundancy
The prestigious Royal Shakespeare Company is grappling with a severe financial crisis, urging staff to consider voluntary redundancy. The iconic theatre, a cornerstone of British culture, faces a perfect storm of rising costs and reduced income, putting i
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.
Fed Signals Slowdown in Balance Sheet Reduction Strategy
Exclusive: Federal Reserve officials reveal plans to slow balance sheet reduction in strategic move to stabilise markets and address persistent inflation concerns.
Treasury Responds to Missing £299 Cost of Living Payments
The Treasury has issued a statement addressing widespread complaints from vulnerable claimants who did not receive the latest £299 DWP Cost of Living payment, leaving many in severe financial distress.
SEND Education Crisis: UK Councils Warn of System Collapse
Local authorities across England warn of catastrophic collapse in SEND provision as funding crisis reaches breaking point, leaving vulnerable children without essential support.
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.
US Sanctions UAE Firm Over Russian Oil Price Cap Breaches
The US Treasury imposes major sanctions on a UAE shipping firm and 18 vessels for allegedly flouting the G7's price cap on Russian oil, escalating efforts to curb Moscow's war funding.
Bank of America Vet Scott Bessent Advises UK Chancellor
Exclusive: Chancellor Rachel Reeves enlists Scott Bessent, a key figure from Bank of America and Soros Fund Management, for a high-level advisory role on UK investment and economic growth, signalling a pro-business approach for the new government.
UK Could Raise £2bn by Taxing SUVs Like Europe
A new study finds the UK Treasury could generate nearly £2 billion by aligning SUV taxes with stricter European policies, targeting heavy, polluting vehicles for a greener future.
Reeves hosts US & UK finance chiefs during Trump visit
Chancellor Rachel Reeves hosts a pivotal summit with CEOs from BlackRock, JPMorgan, and other financial giants as Donald Trump arrives in the UK for high-stakes talks on investment and economic cooperation.
Trump vows to slash diversity funding for HBCUs
Former US President Donald Trump has pledged to eliminate federal funding for Diversity, Equity, and Inclusion (DEI) programmes, a move that threatens crucial financial support for Historically Black Colleges and Universities (HBCUs) if he wins a second t
NHS Rations Cancer Treatments Amid Budget Crisis
Exclusive investigation reveals NHS cancer services facing devastating cuts, with pioneering treatments denied to patients due to severe financial constraints. Health bosses warn of a looming crisis in oncology care across Britain.
Headteachers forced to become school caretakers in funding crisis
Exclusive investigation reveals England's headteachers are cleaning toilets, fixing boilers, and gardening as school funding hits an all-time low, creating a 'perfect storm' for the education system.
Minister panic over pension tax-free cash Budget raid
Exclusive: Treasury ministers are in panic mode over a potential Budget raid on pension tax-free cash, with experts warning it could devastate retirement plans and trigger a major political rebellion.
Assisted Dying Debate Pushes UK Hospices to Breaking Point
Exclusive investigation reveals how Britain's hospices face unprecedented strain as House of Lords debates assisted dying legislation, with funding shortfalls and ethical dilemmas threatening end-of-life care nationwide.
MPs condemn Asda app over high-cost staff loans
A parliamentary committee has launched a scathing attack on Asda and its financial app partner, Wagestream, for promoting high-interest loans and controversial financial products to its low-paid employees.
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