OBR: UK finances remain vulnerable despite budget
The Office for Budget Responsibility warns Rachel Reeves's tax-raising budget leaves UK public finances exposed to future shocks, despite doubling the fiscal buffer. Growth forecasts downgraded.
Category : Search result: UK public finances
Budget Forecasts Record Tax and Spending Levels
Rachel Reeves's Budget commits to longest high spending period since WWII, with tax burden hitting 38.3% of GDP. Discover what this means for UK finances.
Reeves Budget: Tax Hikes and National Wage Increases
Chancellor Rachel Reeves delivers her second Budget with tax rises to fill a public finance black hole. National Living Wage to increase to £12.71. Full details inside.
Reeves calls for Labour unity ahead of tax-raising Budget
Chancellor Rachel Reeves urges Labour MPs to back her Budget, expected to include tax hikes to fix public finances. Get the latest on the political and economic showdown.
Reeves calls for Labour unity ahead of Budget
Chancellor Rachel Reeves urges Labour MPs to support Wednesday's Budget amid expected tax increases and economic challenges. Read the latest Westminster developments.
Reeves calls for Labour unity ahead of Budget
Chancellor Rachel Reeves urges Labour MPs to support the Budget, calling it a 'team sport'. The statement is expected to include tax rises to address public finances.
OBR to downgrade UK growth forecasts in Budget blow
Britain's fiscal watchdog will slash growth forecasts for every year of this parliament, dealing a major blow to Rachel Reeves's Budget plans. Read the full analysis.
Reeves faces £17.4bn borrowing blow before Budget
Chancellor Rachel Reeves confronts a £17.4bn public borrowing headache as she finalises next week's Budget. Will she raise taxes or cut spending? Discover the fiscal dilemma.
UK Economy Health Check: Key Data Before Budget
Final UK economic health check before the budget reveals £15bn October borrowing, flat retail sales, and a slight energy price cap fall. Stay informed on the latest financial data.
MPs urge gambling tax hike despite industry warnings
Cross-party committee challenges Treasury to increase betting levy despite industry claims it would harm jobs and investment, arguing current rates fail to reflect societal costs.
Australian Public Service Wages Jump 3.4%
New data reveals Australian public servants are enjoying their fastest wage growth in 15 years, outstripping private sector increases and raising questions about economic fairness.
IFS: Reeves faces worst economic inheritance since WWII
New Chancellor Rachel Reeves confronts Britain's economic reality as experts warn of 'dark clouds' gathering over public finances, with tough decisions on tax and spending looming.
Reeves vows Britain will defy economic forecasts
Chancellor Rachel Reeves pledges to confront Britain's economic challenges head-on as OBR downgrades productivity forecasts and warns of potential tax increases ahead.
Reeves rules out mansion tax in budget positioning
Shadow Chancellor Rachel Reeves dismisses mansion tax plans while former Bank of England Governor Mervyn King delivers stark warning about UK's 'parlous' public finances ahead of budget announcement.
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.
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.
Reeves hunts budget headroom to insulate UK economy
Chancellor Rachel Reeves is exploring creative fiscal measures to create additional budget flexibility, aiming to shield Britain's economy from unpredictable bond markets while prioritising economic insulation.
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.
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.
Swinney's Stark Warning on Scotland's Economic Future
Scotland's Deputy First Minister issues urgent economic assessment, revealing critical challenges facing the nation's finances and public services.
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