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.
Chancellor Rachel Reeves reveals Treasury discovered 'no money' left as Labour prepares emergency budget to stabilise UK economy and deliver growth plan.
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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.
Exclusive analysis: Chancellor Jeremy Hunt prepares a pivotal pre-election Budget, walking a tightrope between voter-friendly tax cuts and fiscal responsibility as the UK economy sends mixed signals.
The UK's fiscal watchdog has delivered a major blow to the government's economic plans, downgrading a crucial productivity forecast and threatening billions in planned public spending.
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Exclusive: Jeremy Hunt considers major overhaul of pension tax-free lump sum rules in the upcoming budget, potentially affecting millions of savers' retirement plans.
Australia's budget surplus hits a staggering $44bn, nearly double previous forecasts, igniting fierce political debate over tax cuts and cost-of-living relief ahead of the next election.
Chancellor Rachel Reeves's first major fiscal event faces fierce criticism from former Tory leadership contender Kemi Badenoch, who warns of 'fantasy economics' and accuses Labour of planning to 'max out the country's credit card'.
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Chancellor Rachel Reeves announces a pivotal Budget for 6 March, signalling potential capital gains tax reforms and confirming a new gambling levy to fund addiction services.
Deputy Labour Leader Angela Rayner launched a blistering attack on PM Rishi Sunak over leaked budget plans and 'dysfunctional' government during a heated PMQs session.
Shadow Chancellor Rachel Reeves pledges to give the Office for Budget Responsibility new powers to independently cost Labour's election manifesto, marking a major shift in UK economic policy and transparency.