Category : Search result: fiscal targets


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'.

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.

Putin: Western Troops in Ukraine Are 'Legitimate Targets'

Russian President Vladimir Putin escalates tensions, declaring any Western military personnel in Ukraine as legitimate targets, following reports of US and NATO deployments. This stark threat marks a dangerous new phase in the Ukraine conflict.

Military Diversity Targets Spark Defence Readiness Fears

Exclusive: A leaked letter reveals top-level military concerns that the British Army's aggressive diversity and inclusion targets are compromising national security and undermining recruitment standards. Defence insiders warn the push for inclusivity is c

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.

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.

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.

UK Government Borrowing Hits 26-Year High

Chancellor Rachel Reeves faces a stern economic test as public sector net borrowing hits £27.6bn, the highest since 1999. Rising debt interest payments and welfare costs drive the surge, complicating Labour's fiscal plans.

Stealth Tax To Cost Workers £1,200 as Thresholds Frozen

A brutal 'stealth tax' is silently crippling British workers' finances. With income tax thresholds frozen until 2028, millions are being pulled into higher tax brackets despite no real-terms pay rise. Discover how fiscal drag could cost you over £1,200 an

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