Government Adviser Resigns Over Undisclosed Second Job
Senior government adviser Mike Richards resigns after controversy over undisclosed second job with South West Water, raising questions over conflicts of interest in Whitehall.
Category : Search result: government borrowing
UK's 'Moron Premium': Borrowing Costs Hit 27-Year High
Britain's borrowing costs have surged to levels not seen since 1997, with markets imposing a 'moron premium' following Chancellor Rachel Reeves' controversial fiscal plans. The gilt yield spike signals deep market anxiety over the UK's economic direction.
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.
Reeves Poised to Overhaul Dreaded Council Tax
Exclusive: Chancellor Rachel Reeves is on the verge of announcing the most significant local government finance reform in a generation, aiming to axe the widely criticised council tax and replace it with a fairer property levy. This seismic shift promises
Westminster in 'Rail Power Grab' Row with Scotland and Wales
The UK government faces a furious backlash from Scottish and Welsh ministers over its plans to centralise control of Great British Railways in Westminster, bypassing devolution settlements and sparking a major constitutional row.
UK Borrowing Costs Hit 27-Year High Amid Reeves Scrutiny
Chancellor Rachel Reeves faces intense scrutiny after UK government borrowing costs surge to levels not seen since 1997, raising fears about Labour's spending plans and economic stability.
Rural Taxpayers Subsidising Urban Areas, Report Finds
A damning new report reveals a 'postcode lottery' in public spending, showing rural communities in England are subsidising urban areas by billions despite facing higher council tax bills and inferior services.
Swinney defiant on legal battles with Westminster
John Swinney, Scotland's Deputy First Minister, declares the Scottish Government will not back down from legal challenges against Westminster, defending Holyrood's right to legislate despite potential multi-million pound court battles.
Rugby League faces £16m funding cut threat
The UK government threatens to withdraw £16m in funding from Rugby League unless key questions are addressed, raising concerns over the sport's future.
Ministers' business-class flights funded by taxpayers
The Albanese government is under fire for spending taxpayer money on business-class flights for ministers, sparking outrage over wasteful spending.
Bank holds base rate at 5.25% amid inflation concerns
The Bank of England has kept interest rates unchanged at 5.25%, offering temporary relief to mortgage holders. However, experts warn that persistent inflation could lead to future hikes, squeezing household budgets further.
Bank of England holds rates at 5.25% amid inflation concerns
The Bank of England has kept interest rates unchanged at 5.25% for the sixth consecutive meeting, as policymakers weigh persistent inflation against economic growth risks. Governor Andrew Bailey signals cautious optimism but warns of lingering price press
Sydney’s Library of Things: Borrow instead of buy
Discover Sydney’s innovative 'Library of Things' where locals can borrow everything from camping gear to high-tech gadgets instead of buying them.
NT government scammed out of millions in payroll fraud
A brazen fraudster swindled the Northern Territory government out of millions in a sophisticated payroll scam. Here's how he did it and the shocking loopholes he exploited.
UK Public Trust in Government Drops Sharply
A recent survey by the Office for National Statistics shows a significant decline in public trust in the UK government. Experts weigh in on the causes and implications.
UK overrides Scotland on Aberdeen freeport funding
Westminster has intervened to approve funding for Aberdeen's green freeport, bypassing the Scottish Government's concerns over fair work conditions.
UK debt crisis deepens as borrowing soars
Britain's national debt has skyrocketed, sparking fears of impending tax rises as the government scrambles to balance the books. Experts warn of tough economic times ahead.
Reeves warns of tax burden as UK borrowing hits record high
Chancellor Rachel Reeves highlights concerns over increasing tax pressures as UK government borrowing reaches unprecedented levels following the Covid pandemic.
Reeves: Govt borrowing fuels inflation crisis
Shadow Chancellor Rachel Reeves criticises the government's borrowing strategy, warning of dire economic consequences as inflation continues to rise.
Reeves reveals Autumn Budget borrowing plans
Chancellor Rachel Reeves outlines new borrowing strategies in the upcoming Autumn Budget to tackle economic pressures, signalling a shift in fiscal policy.
UK government borrowing hits record high outside Covid
UK public sector borrowing hits £16bn in June, double last year's figure, sparking concerns over potential tax increases under Chancellor Rachel Reeves.
Reeves' Budget: Tax Hikes & Spending Cuts
Chancellor Rachel Reeves announces a challenging budget with tax hikes and spending cuts to tackle the UK's rising borrowing costs. What does this mean for households and businesses?
Afghan Data Leak Exposes Allies to Taliban 'Kill List'
A shocking data breach has exposed Afghan allies to Taliban retaliation, with UK officials accused of negligence. The Armed Forces Minister faces scrutiny as details emerge of a leaked 'kill list'.
UK to wipe student debts for junior doctors
The UK government has announced plans to clear student loan debts for junior doctors, offering financial relief to those serving in the NHS. Find out how this bold move could transform the healthcare workforce.
Free childcare scheme sees surge in sign-ups
Thousands of parents scramble to register for the government's expanded free childcare scheme, with demand soaring ahead of the April rollout.
UK special forces, MI6 data lost in Afghan leak
A shocking breach reveals sensitive data on British special forces, MI6 operatives, and MPs was lost in an Afghan database leak. The government allegedly obtained a super-injunction to cover up the scandal.
Football agents face money laundering scrutiny in UK report
A new government report warns that football agents could be exploited for money laundering, urging stricter regulations in the sport's financial dealings.
Labour polling surge rivals Harold Wilson era
New polling data suggests Keir Starmer's Labour Party is gaining unprecedented public support, rivalling Harold Wilson's 1960s popularity. Could this signal a landslide victory in the next general election?
Starmer urges UK govt to restore NI government
Labour leader Keir Starmer calls on the UK government to expedite the restoration of Northern Ireland's devolved government, highlighting concerns over delays affecting local governance.
Activists call UK climate policy 'embarrassing' before COP28
Climate activists have plastered government buildings across the UK with satirical posters branding the country's environmental policies as 'very embarrassing' just days before the COP28 summit.
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