Category : Search result: Treasury securities


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.

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.

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.

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.

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.

UK Christmas Sales Threatened by Looming Tax Hike

New analysis reveals a 'perfect storm' for UK retailers this Christmas, with a potential sales tax hike threatening to dampen consumer spending during the crucial festive period. Shoppers could face higher prices as the Treasury reviews business rates.

US Treasury Sounds Alarm Over Trump Tariff Plan

US Treasury Secretary warns Trump's proposed 10% blanket tariff could trigger global trade war, spike inflation, and jeopardise economic stability, as markets react with apprehension.

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.

Budget Leak: Treasury Fury Over NHS Funding Revelation

Exclusive: Treasury officials are furious after Shadow Health Secretary Wes Streeting appeared to reveal key Budget details on a junior doctors' pay deal and a major NHS funding injection days before the official announcement.

Starmer demolishes Sunak's £2,000 tax claim in PMQs explosion

Labour leader Sir Keir Starmer has launched a blistering assault on Prime Minister Rishi Sunak during PMQs, branding his £2,000 tax rise claim 'a lie' and accusing him of 'resorting to desperate measures' ahead of the general election.

Treasury Releases Trump-Epstein Files to House Investigators

Exclusive: The US Treasury has handed over classified financial records to the House Oversight Committee, reigniting the investigation into the dealings between Donald Trump and the late financier Jeffrey Epstein. The files are part of a deepening probe i

Starmer Shakes Up Whitehall to Curb Treasury Power

Prime Minister Keir Starmer launches a radical restructuring of Number 10, aiming to decentralise power from the Treasury and reclaim control over domestic policy direction. The move signals a dramatic shift in how Downing Street operates.

Ireland's Israeli Securities Sale Sparks Diplomatic Row

Ireland's controversial €13 million sale of Israeli securities, prompted by human rights concerns, has ignited a political firestorm, drawn criticism from Israel, and raised questions over the strategic management of the €16 billion National Treasury Mana

PM's Finance Guru Paid Zero Tax, Companies Dissolved

Exclusive investigation reveals the Prime Minister's new business adviser, Andrew Griffith, paid no wealth taxes last year and has a complex corporate history with dissolved companies, raising questions about his No. 10 appointment.

Reeves Forges New Pact with UK Banks to Boost Economy

Chancellor Rachel Reeves hosts landmark meeting with UK banking chiefs, unveiling a new 'shared commitment' to boost competitiveness and economic growth. Exclusive details on the new Mansion House reforms.

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