Category : Search result: fiscal risk


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.

UK Economy Stagnates: Reeves Faces Budget Crisis

Chancellor Rachel Reeves confronts a major economic challenge as latest ONS figures show zero GDP growth in three months to August, putting Labour's ambitious investment plans at risk ahead of crucial Autumn Budget.

Badenoch Slams Labour's Budget Plans as 'Fantasy Economics'

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'.

AI Expert: 'We Are Building God' Without Safety Measures

A leading AI safety researcher from the University of Oxford issues a dire warning about the existential risks posed by artificial general intelligence, comparing our current approach to 'building a god' without safeguards.

Reeves Solves £50bn Problem With Pension Tax Overhaul

Chancellor Rachel Reeves has unveiled a landmark overhaul of pension tax relief, closing a £50bn fiscal black hole and redirecting savings towards a major national investment drive. This bold move signals a dramatic shift in UK economic policy.

Reeves' 'Disastrous' Budget Silence Angers Business Leaders

Chancellor Rachel Reeves faces a furious backlash from business leaders for her 'deafening silence' on the upcoming Autumn Budget, creating crippling uncertainty for UK firms and sparking fears of a major economic misstep.

Top economist warns Hunt's tax cuts could create £30bn hole

Exclusive: Leading economist Julian Jessop issues a stark warning that the Chancellor's planned tax cuts could destabilise the UK economy, creating a £30bn fiscal black hole and forcing the Bank of England to keep interest rates higher for longer.

Reeves Vows OBR Power Over Labour Manifesto Costings

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.

Reeves vows fiscal discipline as 'green Chancellor'

In her inaugural Mais Lecture, Labour's Shadow Chancellor Rachel Reeves pledges to be 'Britain's first green Chancellor' while committing to strict fiscal rules, marking a significant shift in economic policy.

Budget 2025 Date Revealed: Chancellor's Autumn Plan

Exclusive: Chancellor Rachel Reeves is poised to deliver her first major Budget in late October or early November, setting out Labour's long-term economic plan. Get the inside track on the key dates and what it means for your wallet.

20 Mins Daily Exercise Slashes Early Death Risk

Groundbreaking research from the University of Cambridge shows that a small amount of daily physical activity can significantly reduce mortality risk, even for those with sedentary lifestyles.

UK Economic Crisis as Borrowing Costs Soar to 10-Year High

Britain faces a severe economic storm as government borrowing costs hit alarming highs, sparking fears of a fiscal crisis. Chancellor Rachel Reeves confronts mounting pressure amid market turmoil and Labour's internal reshuffle.

Billionaire's Stark Warning: UK Tax Crisis Looms

Key Square Capital Management founder Scott Bessent predicts a severe fiscal crisis for Britain, cautioning that the nation is 'playing with fire' with its current tax policies. Exclusive insights from the finance heavyweight.

UK Gilts Crash Following Labour's Autumn Budget

Chancellor Rachel Reeves faces market turbulence as her Autumn Budget sparks a sharp sell-off in UK government bonds. Discover the inside story behind the gilt market's dramatic reaction and what it means for Britain's economic future.

Weight Loss Jab Slashes Heart Attack Risk by 20%

A groundbreaking UK study reveals the diabetes drug Mounjaro (tirzepatide) isn't just for weight loss—it dramatically cuts the risk of heart attacks and strokes, heralding a new era in preventative medicine.

Rachel Reeves' make-or-break moment on UK economy

Exclusive analysis reveals the immense pressure on Chancellor Rachel Reeves as she faces a critical turning point. With economic stagnation and public patience wearing thin, her upcoming fiscal statement could define this government's legacy. Will she sei

Fury as Criminals Dodge Court by Refusing Fiscal Fines

Exclusive data reveals thousands of offenders in Scotland, including those accused of assault and domestic abuse, are avoiding court by rejecting initial 'fiscal fines' and having their cases dropped entirely, sparking outrage from victims' groups.

Reeves' "Healey Moment" as UK Faces £22bn Budget Crisis

Chancellor Rachel Reeves confronts an economic firestorm, drawing stark parallels to Denis Healey's 1976 IMF crisis. With soaring borrowing costs and a £22bn budget black hole, the UK faces its gravest fiscal challenge in half a century.

UK faces £71bn fiscal black hole as policies fail, NIESR warns

The National Institute of Economic and Social Research issues a stark warning that UK government policies are failing, creating a £71bn fiscal black hole and risking a 'vicious cycle' of stagnation. Expert analysis reveals the critical challenges facing t

Reeves Courts Corbyn Ally for Economic Advice

Chancellor Rachel Reeves seeks advice from former Corbyn advisor James Meadway, a proponent of higher taxes, sparking debate over Labour's economic direction and 'Tory-like' fiscal strategies.

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