Reeves Confronts £22bn Budget Black Hole
Newly appointed Chancellor Rachel Reeves faces stark warning from Treasury officials about Britain's dire economic outlook and massive funding shortfall just days into the job.
Category : Search result: UK government finances
Why Labour must tax wealth, not just income
As Labour prepares for government, experts argue that taxing wealth through mansion levies and council tax reforms could be the key to solving Britain's fiscal crisis without punishing ordinary workers.
Government facing major financial risks, warns watchdog
The National Audit Office head Gareth Davies reveals serious concerns about government financial management and accountability in exclusive interview with David Lammy.
Reeves demands economic growth plan in first day as Chancellor
New Chancellor Rachel Reeves launches economic fightback with urgent growth directive to ministers, warning Britain faces 'most challenging inheritance since WWII' with public finances in worst state ever recorded.
Reeves forced into borrowing spree as fiscal plans unravel
Chancellor Rachel Reeves confronts harsh economic reality as soaring debt costs and weak growth force major borrowing increases, putting Labour's fiscal rules under severe pressure.
UK government borrowing hits record September high
Chancellor Rachel Reeves confronts unprecedented September borrowing figures while MPs push for wealth taxes in upcoming budget decisions.
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.
Reeves: UK economy in worse state than thought
Chancellor Rachel Reeves delivers sobering assessment of Britain's economic inheritance, revealing deeper problems than anticipated with Resolution Foundation analysis showing significant fiscal challenges ahead.
Reeves: No quick fix for UK economic crisis
Chancellor Rachel Reeves delivers stark assessment of UK finances, confirming previous government left economy in worst state since WWII with 'no magic wand' for immediate solutions.
UK government borrowing costs hit 20-year high
Chancellor Rachel Reeves faces mounting pressure as UK government borrowing costs surge to their highest level in two decades, threatening Labour's economic plans and increasing pressure on public finances.
Reeves: No magic money tree for UK economy
Chancellor Rachel Reeves delivers hard-hitting speech at Wembley, ruling out immediate tax rises while promising tough spending decisions and economic stability.
Reeves: No 'magic wand' for UK economy
Chancellor Rachel Reeves delivers sobering assessment of UK finances, confirming tough decisions ahead as Labour confronts 'worst economic inheritance since WWII'.
Global Debt to Hit 100% of GDP by 2029 - IMF
The International Monetary Fund issues stark warning as global government debt is projected to reach 100% of GDP within five years, with the UK facing particularly challenging economic headwinds.
Scottish Government's £1bn NHS Pension Bill After Court Loss
The Scottish Government has been ordered to pay up to £1 billion in compensation after the Court of Session ruled it discriminated against senior NHS staff in pension changes.
Tony Blair's £100 million annual financial empire revealed
Exclusive investigation reveals Tony Blair's complex financial network generates over £100 million annually to support his global operations and elite team of advisers.
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.
VAT error gives Reeves £3bn budget windfall
Chancellor Rachel Reeves discovers unexpected £3bn for autumn budget after officials correct significant VAT calculation error, providing relief amid spending pressures.
Reeves: £30bn asylum black hole in Budget
Chancellor Rachel Reeves exposes massive financial shortfall in asylum system, revealing £6.2 billion annual costs and warning of tough spending decisions ahead.
David Geffen's Secret Divorce Battle Exposed
Music mogul David Geffen faces financial turmoil as court documents reveal bitter divorce proceedings with ex-husband Donovan Michaels, exposing hidden assets and legal battles.
Kidman & Urban's £250K Monthly Income in Divorce Filing
Hollywood power couple Nicole Kidman and Keith Urban's astronomical monthly earnings of over £250,000 exposed in legal documents amid divorce speculation.
Beckham's £73.4M Record Year: Business Empire Soars
David Beckham's business ventures continue to generate staggering profits as his company DB Ventures reports £73.4 million income, marking his most successful financial year to date.
£30bn Budget Hit for Brits as Reeves Spares Businesses
Chancellor Rachel Reeves faces backlash as £30bn budget measures target households while promising business-friendly approach. Discover how new fiscal plans could impact your wallet.
JD Sports profits fall as consumer finances strained
JD Sports Fashion reports a sharp drop in annual profits and sales, blaming the cost-of-living crisis for dampening consumer demand for trainers and athleisure wear.
Reeves Rules Out Income Tax, NI, and VAT Rises
Chancellor Rachel Reeves has used her first major speech to pledge no increases to Income Tax, National Insurance, or VAT, while warning of difficult spending decisions to rebuild the economy.
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.
Sarah Ferguson's 'Reckless Spending' Forces Royal Split
The Duchess of York's extravagant lifestyle and mounting debts reportedly led to a dramatic intervention from her ex-husband, Prince Andrew, sparking a new royal crisis.
Bondi Vet Dr Kate Adams' shocking mortgage struggle
Beloved Australian veterinarian and television personality Dr Kate Adams opens up about her desperate battle to secure a mortgage for her first home, facing unexpected rejection despite her public success.
Opinium Survey Reveals Brits' Top Financial Worries
Exclusive research from Opinium uncovers the financial pressures keeping Britons awake at night, with energy bills and grocery costs leading anxiety levels across UK households.
Police raid SNP Perth office in major financial investigation
Police Scotland launches a major investigation into SNP finances with a raid on the party's Perth headquarters, plunging Scottish politics into turmoil and raising questions about transparency.
Man Utd Financial Crisis: Ratcliffe's FFP Warning
Exclusive analysis reveals Manchester United's precarious financial position under INEOS ownership, with Sir Jim Ratcliffe admitting the club must sell players before buying due to Profit and Sustainability Rules.
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