Category : Search result: fiscal drag


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.

Lady Gaga Inspires UK Drag Queen Revolution

Discover how Lady Gaga's powerful discography has become the ultimate soundtrack for British drag performers, transforming stages across the UK with messages of empowerment and self-expression.

Rugby legend Gareth Thomas becomes drag queen

Welsh rugby icon Gareth Thomas opens up about his transformative journey from international sports star to drag performer in an intimate BBC documentary exploring identity and acceptance.

La Voix joins Strictly Come Dancing 2025 lineup

Drag superstar La Voix makes history as first drag performer confirmed for Strictly Come Dancing 2025 lineup after impressing on Britain's Got Talent and RuPaul's Drag Race UK

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.

Reeves's alcohol duty hike backfires, costs Treasury £1bn

Rachel Reeves's planned increase in alcohol duty is projected to cause a dramatic £1 billion shortfall in tax revenues, according to a damning new Treasury analysis, raising serious questions about the government's economic strategy.

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.

BBC's new drag queen sitcom 'Masters of the Universe'

The BBC has commissioned a bold new workplace sitcom, 'Masters of the Universe', featuring real-life drag performers Ginny Lemon and Cara Melle in leading roles, promising a fresh take on office life from the creators of 'Plebs'.

Treasury's Secret Tax Hike Plans for Post-Election Budget

Exclusive: Treasury officials are drawing up plans for significant tax increases, including a potential 'stealth raid' on pensions and inheritance tax reforms, that could be implemented swiftly if Labour wins the next election.

Reeves urged to swap 2p NI cut for income tax rise

Exclusive: The Chancellor is facing calls for a radical budget overhaul that would cut National Insurance for workers but increase the basic rate of income tax, a move experts say could simplify the tax system.

Drag Queen La Voix Joins Strictly Come Dancing 2024

In a groundbreaking move for the BBC flagship, drag artist La Voix joins the Strictly Come Dancing 2024 celebrity roster, marking a significant step for LGBTQ+ representation on prime-time television.

Daily Mail's Stark Warning: UK Economic Crisis Looming

The Daily Mail issues a powerful critique of the UK's unsustainable economic trajectory, warning of dire consequences from unchecked public spending, soaring debt, and a looming crisis that threatens future generations.

Rachel Reeves rules out major tax hikes to fuel growth

Shadow Chancellor Rachel Reeves vows to prioritise economic growth over significant tax increases, promising a 'decade of national renewal' with a focus on planning reform and infrastructure investment.

UK Borrowing Hits £37.6bn, Exceeding Forecasts

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.

Australia's £50BN Debt Interest Time Bomb

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.

Town Fury Over $22k Giant Eggplant and Peach Statues

Westminster, Maryland, faces a fierce public backlash after the local council approved $22,000 for controversial giant sculptures of an eggplant and a peach, sparking a heated debate about fiscal responsibility and public art.

Hunt's Pre-Election Budget Walks Fiscal Tightrope

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.

Reeves Faces £9bn Tax Black Hole in Budget Crisis

Chancellor Rachel Reeves confronts a massive £9 billion fiscal shortfall as Treasury officials reveal grim tax receipt forecasts, forcing potential emergency tax hikes or spending cuts in the upcoming Budget.

SNP climate policies risk £700m annual black hole

A bombshell report reveals the staggering £700 million per year cost of the SNP's net-zero climate policies, posing a severe risk to Scotland's public finances with no clear funding plan.

OBR Downgrade Piles Pressure on Chancellor Reeves

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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