Australia's Public Sector Faces 5% Budget Cuts
Treasurer Jim Chalmers confirms department heads must identify savings from lower-priority spending, denying major job cuts while redirecting funds to Medicare and tax relief.
Treasurer Jim Chalmers confirms department heads must identify savings from lower-priority spending, denying major job cuts while redirecting funds to Medicare and tax relief.
Senate Republicans propose slashing funding for US energy grid modernisation by 25%, a move critics warn could exacerbate rising household bills and grid reliability issues. Discover the implications.
UK shoppers are predicted to spend nearly £14 billion this Black Friday weekend. Discover the top spending trends and expert tips to avoid scams and find genuine deals.
New polling reveals 67% of Britons want Rachel Reeves to cut government spending rather than increase taxes in this week's crucial Budget. Discover the public's verdict on Labour's economic leadership.
New poll reveals overwhelming public preference for spending reductions rather than tax increases to address Budget black hole. Read the full analysis ahead of Wednesday's crucial announcement.
Massive WHO staff cuts of nearly 25% will severely impact global health security and disease outbreak response, experts warn. The world faces increased health risks.
Nigel Farage's Reform UK unveils five major spending cuts totalling £25bn, challenging Rachel Reeves to avoid 'treacherous' tax rises on Britons. Will the Chancellor listen?
Australia's national science agency CSIRO announces up to 350 job cuts, described as 'worst cuts ever seen' and a 'sad day for publicly funded science'.
Scottish Government operating costs balloon to £856m despite remote working. IT spending rises £25m while accommodation savings remain minimal. Taxpayers face growing bill.
Business Secretary Kemi Badenoch delivers stark warning to Labour government, urging radical spending cuts and welfare reform over tax increases in upcoming budget.
A leading UK supermarket has launched dramatic price cuts on over 200 everyday items, bringing relief to shoppers struggling with rising food costs. The strategic move targets staples including bread, milk, and fresh produce.
New Chancellor Rachel Reeves confronts Britain's economic reality as experts warn of 'dark clouds' gathering over public finances, with tough decisions on tax and spending looming.
New Which? research reveals nearly 90% of British households are cutting back on essentials amid the ongoing cost of living crisis, with energy and food prices hitting hardest.
Chancellor Rachel Reeves faces mounting pressure as leaked documents reveal potential tax hikes and spending cuts, contradicting Labour's election promises. Exclusive analysis shows the economic challenges ahead.
Labour leader Sir Keir Starmer accuses Conservatives of planning irresponsible pre-election spending that could cripple the next government, as he outlines his party's economic priorities.
The Canadian government has unveiled a stark austerity budget featuring sweeping spending cuts and tax increases as the nation confronts its first recession in over a decade. Key public services face significant reductions while households brace for finan
Nigel Farage's Reform UK party announces dramatic economic policy featuring £40bn tax cuts, public spending freeze, and immigration reduction targets ahead of potential power-sharing talks.
Chancellor Rachel Reeves announces sweeping changes to UK economic policy, targeting tax reforms and spending priorities in her first major budget statement.
America faces another potential government shutdown as former President Trump's controversial remarks about food stamp programmes intensify Republican demands for spending cuts, creating a political standoff that could halt federal operations.
Nigel Farage declares Reform UK as the 'new opposition' with ambitious tax-cutting agenda, targeting £50,000 earners and pledging dramatic government spending reductions in major policy speech.
The new Chancellor's economic blueprint faces mounting scepticism as growth forecasts disappoint and spending cuts loom. Can Rachel Reeves restore confidence in her fiscal strategy?
As the Chancellor prepares his crucial Autumn Budget, industry leaders and economists reveal their urgent priorities for tackling Britain's economic challenges and driving growth.
Exclusive investigation reveals how accounting failures and political paralysis pushed Birmingham City Council into the biggest local government financial crisis in UK history, forcing devastating cuts to essential services.
Labour's new Chancellor makes stunning admission about past welfare stance as she confronts Britain's economic reality. Exclusive analysis of her first major interview.
Senior government officials are privately predicting the longest shutdown in British political history as ministers and civil servants remain locked in bitter disputes over spending cuts and policy direction, with no resolution in sight.
Shadow Chancellor Rachel Reeves promises to break with austerity economics, vowing no return to 'Tory cuts' while ruling out wealth tax increases in Labour's first budget.
Labour's Chancellor-in-waiting faces tough spending decisions as Treasury analysis reveals massive funding shortfall, forcing potential tax rises or spending cuts.
Amazon continues its global workforce reduction with significant cuts to its UK operations, affecting hundreds of employees across multiple divisions including its streaming and Alexa teams.
New data reveals millions are cancelling streaming services and switching to budget supermarkets while prioritising gym memberships amid economic pressures
Prime Minister Keir Starmer and Chancellor Rachel Reeves launch sweeping reforms to slash government waste and redirect billions to frontline services in bold efficiency drive.