Farage's Tax Reforms Create £40bn Budget Hole
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.
Category : Search result: fiscal deficit
Britain Bottom of Global Nature Connection Ranking
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.
UK Among Nations With Weakest Nature Connection
Groundbreaking global study exposes which populations feel most disconnected from nature, with UK residents showing alarmingly low levels of environmental engagement.
Britain among world's least nature-connected nations
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 faces €13.4bn corporate tax shortfall
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.
Reeves Confronts £50bn Fiscal Black Hole
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.
Australia's $80bn Budget Crisis: PM's Emergency Moves
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.
Reeves faces £30bn budget black hole shock
Chancellor Rachel Reeves confronts staggering £30bn fiscal shortfall in first major Treasury briefing, forcing tough decisions on public spending and economic strategy.
IFS demolishes Lib Dem £2.5bn tax cut pledge
Liberal Democrat leader Sir Ed Davey confronts mounting criticism after the Institute for Fiscal Studies dismantles his party's flagship £2.5bn tax cut proposal, revealing significant funding gaps and questioning economic credibility ahead of crucial elec
Trump targets Canada in bizarre trade video rant
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.
Reeves considers income tax rise to reduce deficit
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.
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.
IFS urges Rachel Reeves to consider welfare cuts in budget
The Institute for Fiscal Studies delivers stark warning to Chancellor Rachel Reeves, stating benefit cuts cannot be ruled out in upcoming budget despite political risks.
IFS warns Reeves against rushed tax reforms
The Institute for Fiscal Studies cautions Chancellor Rachel Reeves against implementing 'half-baked' revenue-raising measures that could harm the economy and undermine business confidence.
IFS warns Labour of severe economic constraints in government
Leading economic think tank warns Rachel Reeves faces 'iron chancellor' reality with limited fiscal flexibility, challenging Labour's spending ambitions ahead of potential government.
Swinney attacks Westminster's 'democratic deficit' in Scotland
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.
2026 US Tax Shock: How Expiring Cuts Affect You
Millions face higher tax bills as US tax cuts automatically expire in 2026. Discover how the 'fiscal cliff' will impact British expatriates and international investors.
IFS: Government has 'no credible' economic plan
The Institute for Fiscal Studies has launched a scathing critique of both Conservative and Labour economic policies, warning of 'unacknowledged trade-offs' and challenging Liz Kendall's welfare reform ambitions.
Reeves shatters Treasury fiscal rules in economic reset
Labour's first female Chancellor announces dramatic overhaul of Treasury spending rules, prioritising economic growth over rigid fiscal constraints in major policy shift.
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.
Badenoch pushes major tax cuts to boost UK economy
Business Secretary Kemi Badenoch makes the case for significant tax reductions to stimulate UK economic growth, challenging Treasury orthodoxy ahead of the next election.
Badenoch: Half of spending cuts to reduce deficit
Chancellor Kemi Badenoch announces radical new fiscal policy requiring 50% of spending reductions to directly tackle Britain's budget deficit, reshaping economic strategy.
Starmer: Next government faces worst inheritance since WWII
Labour leader Sir Keir Starmer confronts 'darkest hour' for public services as Institute for Fiscal Studies exposes dire economic reality awaiting next Prime Minister.
Reeves rules out wealth tax in budget announcement
Chancellor Rachel Reeves declares wealth tax off the table in first major fiscal decision, opting instead for growth-focused economic strategy.
Reeves could raise £45bn in taxes without breaking pledges
Chancellor Rachel Reeves could raise £45bn through strategic tax reforms while honouring manifesto commitments, according to new economic analysis examining revenue-raising options.
Starmer warns of tough choices ahead, won't rule out tax rises
Sir Keir Starmer declares Britain must confront 'tough choices' as he refuses to rule out tax increases while outlining his vision for national renewal and economic stability.
Greens: Westminster Voting System is 'Broken'
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.
£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.
Australia's Budget Deficit Shrinks Faster Than Forecast
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.
Rachel Reeves's Economic Wonderland: Fantasy Over Reality?
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.
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