Richard Hughes, chair of the Office for Budget Responsibility, has resigned. The move follows intense scrutiny of the watchdog's economic forecasts and exposes the government's delicate balancing act between political promises and market demands.
Scotland's First Minister John Swinney claims Chancellor Rachel Reeves misled the public on the fiscal situation ahead of the Budget. Labour ministers deny the allegations.
Chancellor Rachel Reeves claimed a £20-30bn deficit to justify a £26bn tax raid. OBR data shows a £4.2bn surplus. Questions mount over her integrity and economic trust.
Keir Starmer supports Rachel Reeves' Budget decisions despite OBR scrutiny over deficit claims. Chancellor faces allegations of misleading voters about fiscal black hole.
Chancellor Rachel Reeves defends budget amid controversy over deficit statements. OBR revelations spark opposition calls for investigation. Follow latest developments.
Keir Starmer supports the Budget while Rachel Reeves faces scrutiny over pre-Budget deficit claims. Opposition calls for FCA investigation into fiscal forecasts.
UK public finances show higher-than-expected borrowing of £17.4bn in October, creating a major challenge for Chancellor Rachel Reeves' upcoming budget statement. Read the full analysis.
Russia's wartime economy slows, forcing the Kremlin to raise VAT and other consumer taxes. Discover the impact on ordinary Russians and the budget deficit.
The Australian government welcomes the removal of US tariffs on beef and agricultural exports, a decision reversing Trump's earlier policy amid inflation concerns.
Leading obesity expert Dr Spencer Nadolsky reveals why he bans no foods for patients. Discover his calorie-deficit strategy and the Mediterranean diet's role in sustainable weight management.
Thousands protest in Bucharest demanding higher wages and tax cuts as the government enforces austerity to tackle the EU's high budget deficit. Read the full story.
Mark Carney's government unveils massive spending package, adding tens of billions to deficit in pre-emptive strike against potential Trump tariffs. Analysis of Canada's economic defence strategy.
Reform UK's manifesto pledges would create massive budget shortfall requiring severe spending cuts or tax rises elsewhere, according to IFS analysis of Nigel Farage's economic plans.
Groundbreaking research reveals Britain sits at the bottom of a global ranking measuring people's connection to nature, with serious implications for wellbeing and environmental action.
Groundbreaking global study exposes which populations feel most disconnected from nature, with UK residents showing alarmingly low levels of environmental engagement.
Shocking new research shows Britain has one of the lowest levels of nature connection globally, while Nepal tops the chart. Discover why urban living and modern lifestyles are creating a nature deficit.
Ireland's Department of Finance confronts a staggering €13.4bn corporate tax shortfall as tech and pharmaceutical giants see profits decline, threatening the nation's economic stability.
New Chancellor Rachel Reeves inherits a staggering £50 billion budget shortfall, with experts warning of potential income tax and VAT increases to fill the Treasury void.
Exclusive analysis reveals Australia's budget deficit has ballooned to $80 billion, forcing the Prime Minister into emergency talks with crossbenchers while facing fierce political backlash.
Chancellor Rachel Reeves confronts staggering £30bn fiscal shortfall in first major Treasury briefing, forcing tough decisions on public spending and economic strategy.
Donald Trump has launched a startling verbal assault on Canada in a new campaign video, making wild claims about trade deficits and threatening economic consequences if re-elected.
Chancellor Rachel Reeves is reportedly weighing income tax increases as part of a comprehensive strategy to reduce the UK's budget deficit, according to Treasury sources.
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.
Scotland's First Minister John Swinney launches scathing attack on Westminster's approach to Scottish affairs, claiming it undermines devolution and ignores Scotland's democratic voice.
Chancellor Kemi Badenoch announces radical new fiscal policy requiring 50% of spending reductions to directly tackle Britain's budget deficit, reshaping economic strategy.
Following significant gains in English and Welsh councils, the Green Party calls for urgent voting system reform, arguing the current model leaves millions unrepresented in Parliament.
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.
Chancellor Rachel Reeves faces mounting criticism as her economic policies draw alarming parallels to fantasy over reality. Experts question the sustainability of her borrowing plans and warn of serious consequences for Britain's economy.
A UK man's 100-day McDonald's-only diet led to staggering weight loss and improved health markers, defying all expectations. Discover the science behind the controversial experiment.
Chancellor Rachel Reeves faces a stern fiscal test as UK public sector borrowing hits £37.6bn for the first five months of the financial year, exceeding official forecasts and complicating Labour's spending ambitions.