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.
Category : Search result: fiscal rules
Critical passport rule could cancel your EU holiday
UK travellers are facing unexpected holiday cancellations and insurance rejections due to a little-known passport validity rule affecting European travel. Discover how to check if your passport is truly valid for your next trip.
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.
£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.
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 urges Labour MPs: Focus on growth mission
New Chancellor Rachel Reeves delivers powerful message to Labour MPs, demanding immediate focus on economic growth and fiscal discipline in government's first days.
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.
Treasury Warns Reeves: No Cash for Labour's Spending Plans
Chancellor Rachel Reeves receives a stark economic reality check from the Treasury's top official, who revealed there's no cash reserve for new spending, forcing tough fiscal choices.
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.
Spain's little-known airport rule could cost Brits £115
UK holidaymakers flying to Spain are being alerted to a strict airport regulation that could result in a hefty €135 (£115) fine. The rule, often overlooked by tourists, involves a specific document requirement at border control.
Food inflation soars, outstripping wage growth and budget help
New analysis reveals UK food inflation is rising twice as fast as overall prices, squeezing household budgets despite falling energy costs. The Spring Budget offers little immediate relief.
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.
Urgent UK Passport Warning For Summer Holidays
British holidaymakers are being warned of a critical post-Brexit passport rule that could see them turned away at the airport. Check your documents now to avoid ruined travel plans.
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.
IFS Exposes £18bn Black Hole in Labour's Spending Plans
New Chancellor Rachel Reeves faces immediate economic reality check as Institute for Fiscal Studies exposes £18bn black hole in Labour's spending plans, forcing potential cuts to public services.
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.
Labour's Economic Challenge: Legacy Grim, But Hope Needed
The new Labour government inherits a dire economic legacy, but voters demand solutions, not excuses. Analysis of the fiscal challenges and the urgent need for a hopeful, forward-looking strategy.
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.
Indian woman fined £2,000 at UK airport over customs breach
An Indian woman's dream trip to the UK turned into a financial nightmare after a simple airport oversight led to a staggering £2,000 fine. Discover the crucial rule every international traveller must know.
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.
Barclays Chief Urges Cap on Public Sector Pay Rises
Barclays CEO C.S. Venkatakrishnan calls for restraint in public sector wage increases to curb inflation, warning of economic consequences without fiscal discipline.
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