Category : Search result: fiscal watchdog


Police Watchdog Demands New Powers from Home Secretary

HMICFRS, the police inspectorate, issues a stark warning to the Home Secretary, calling for new legal authority to force action on its recommendations after a review finds widespread inaction from forces across England and Wales.

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.

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.

Rayner Admits Stamp Duty Error, Refers Herself to Watchdog

Labour's Deputy Leader Angela Rayner has admitted she did not pay stamp duty on her 2015 seaside flat purchase and has contacted HMRC, stating she is prepared to pay any sum due. In a major development, she has also proactively referred herself to Parliam

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.

IAEA Confirms Uranium Traces at Secret Syrian Site

The UN nuclear watchdog, the IAEA, has found particles of processed uranium at a previously undeclared site in Syria. The discovery revives concerns over Damascus's clandestine nuclear activities and potential Israeli involvement.

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.

Met Police Chief Faces Misconduct Probe Over Case Handling

Metropolitan Police Commissioner Sir Mark Rowley is under formal investigation by the police watchdog over allegations he mishandled complaints related to high-profile officer misconduct cases, raising serious questions about leadership and accountability

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