Scottish Government costs surge £53m in one year
Scottish Government operating costs balloon to £856m despite remote working. IT spending rises £25m while accommodation savings remain minimal. Taxpayers face growing bill.
Category : Search result: government borrowing costs
Australian Defence spends £41k on war games training
Australian taxpayers fund unexpected government purchases including war-gaming boards and Minecraft education. Defence officials justify spending as vital training tools amid rising national debt concerns.
Councils Sell Assets to Avoid Bankruptcy
Facing a financial crisis, 60% of key English councils plan to sell social clubs and sports centres to fund soaring social care costs. Explore the stark choices local authorities are making.
Reeves' income tax U-turn stuns ministers and markets
Chancellor Rachel Reeves abandons income tax rise plans, causing government borrowing costs to spike. Discover the political fallout and alternative tax measures now being considered.
Gilt yields surge as Chancellor Reeves abandons income tax rise
UK government borrowing costs jump as Rachel Reeves reportedly scraps income tax hike plans, breaking Labour manifesto pledge. Gilt yields surge in market sell-off ahead of November 26 Budget.
Millions Borrow from Family Amid Cost of Living Crisis
New research reveals millions of UK adults are borrowing from friends and family to cover essential costs. Share your experience with informal lending arrangements.
Gilt Yields Surge on Chancellor's Income Tax U-Turn Reports
Speculation that Chancellor Rachel Reeves has abandoned plans for an income tax rise sparks a sell-off in UK government bonds, pushing borrowing costs higher. Discover the market reaction and political fallout.
Reeves' Income Tax U-Turn Spooks UK Markets
Chancellor Rachel Reeves' decision to scrap income tax rise plans causes pound to fall and borrowing costs to surge. Discover the market fallout and political implications.
Government profits from asylum accommodation as taxpayers pay
Exclusive investigation reveals how the Home Office is generating substantial profits from asylum accommodation contracts while taxpayers foot the bill for controversial facilities.
Bank of England Holds Rates at 4% - Silver Linings Emerge
The Bank of England maintains interest rates at 4%, but experts see encouraging signs beyond the headline figure. Discover why this decision might signal economic resilience rather than stagnation.
Reeves considers road charging tax in Autumn Budget
Exclusive: Labour Chancellor Rachel Reeves faces backlash as Treasury explores nationwide road pricing scheme that could hit millions of drivers with new charges.
BBC's £18m travel bill: Taxis and hotels exposed
Shocking investigation reveals BBC staff spent £18 million on taxis and hotels in just three years, sparking outrage over licence fee spending.
Reeves: Tax Rises Inevitable in Budget Statement
In a stark House of Commons address, Chancellor Rachel Reeves declares tax increases inevitable as Britain faces mounting borrowing costs and economic instability. Get the full breakdown of what this means for your wallet.
EV Charging Costs Skyrocket 75% - Are You Paying Too Much?
New data reveals electric vehicle owners are facing massive price hikes at public charging points, with costs increasing by up to 75% in some areas. Discover which networks are charging the most and how to save on your EV charging bills.
Major Credit Score Overhaul Hits UK This Summer
Millions of Brits will see their credit scores transformed as new 'onboarding' rules launch this summer. Discover how this financial revolution affects you.
Why Rachel Reeves Must Gamble on Tax Hikes
Exclusive analysis reveals why the Chancellor faces an impossible choice between fiscal responsibility and crumbling public services as economic pressures mount.
4 Times Parents Needn't Pay for Child's Car
Discover the surprising situations where parents have no legal obligation to pay for their child's car, insurance, or running costs. Essential reading for UK families navigating motoring expenses.
50+ Ways to Slash Your Bills & Save £500+
Discover expert money-saving hacks that could save British households over £500 annually on energy, food, and household bills with simple lifestyle changes.
Connecticut Water War: Towns Clash Over Sewage Costs
A bitter financial dispute over sewage treatment costs has erupted between Watertown and Waterbury, Connecticut, threatening local services and revealing deep tensions between the neighbouring communities.
This Morning viewers stunned by £700 monthly car insurance
This Morning viewers were left in complete disbelief when a guest revealed her staggering £700-per-month car insurance premium, sparking outrage and debate about the UK's insurance crisis.
Fed's Powell: No Rate Cuts Until Inflation Cools
Federal Reserve Chair Jerome Powell delivers cautious message on interest rates, emphasising need for sustained inflation control before considering cuts. Market reactions and economic outlook analysed.
Child costs hit £250,000 in Australia
Shocking new research from the Australian Institute of Family Studies reveals the true cost of raising children in Australia, with housing and education driving expenses to unprecedented levels.
Hotels 'Better Value' for Refugees Than Barracks - Govt
Ministers claim housing asylum seekers in hotels offers better value than military barracks, despite acknowledging public 'disquiet' over the £6m daily cost.
Home Office spends millions on asylum hotels in Inverness
Exclusive investigation uncovers UK government spending over £6.7 million on hotel accommodations for asylum seekers in Inverness alone, as backlog crisis deepens.
Child Benefit Increase: New Rates and Dates Revealed
Millions of UK families will see their Child Benefit payments increase from April 2024. Discover the new rates, payment dates, and what it means for your household budget.
Covid Inquiry Becomes UK's Most Expensive Legal Probe
The official Covid-19 inquiry has surpassed £150 million in costs, making it Britain's priciest ever legal investigation as taxpayer burden continues to grow.
US per capita debt surpasses Greece and Italy
Stunning analysis reveals the average American carries more government debt than citizens of European nations notorious for fiscal crises. Discover what this means for global markets.
Asylum Hotel Report: £5.2bn Bill & Security Failures
An explosive government report exposes the £5.2 billion taxpayer bill for asylum hotels while revealing dangerous offenders were housed alongside the public, sparking political fury.
Victoria's Pet Tax Proposal Sparks Public Outrage
Victoria's government under Jacinta Allan considers implementing a controversial pet ownership tax, sparking outrage among animal lovers and raising concerns about cost-of-living pressures.
Childcare payment trap hits thousands of UK families
Shocking new figures reveal HMRC is demanding thousands of pounds back from struggling families due to childcare payment miscalculations in the Universal Credit system.
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