Exclusive: Labour faces internal division in Surrey as two councils consider breaking away amid government pressure to address catastrophic local authority debt. The political earthquake threatens Starmer's authority in traditional Tory heartlands.
The bankrupt Woking Borough Council secures a massive government rescue package as Surrey County Council takes control of key services in a dramatic local government overhaul.
Woking Borough Council faces financial collapse with a staggering £1.9bn deficit, joining a growing list of UK local authorities in crisis. Discover how risky investments and government funding cuts created this perfect storm.
Exclusive analysis reveals stunning Republican U-turn on fiscal responsibility as Trump-era policies and pandemic spending drive US debt to unprecedented levels, creating a political minefield for the GOP.
Cash-strapped Bradford Council launches emergency property sell-off, sacrificing treasured country halls and community landmarks to tackle catastrophic £150 million debt crisis.
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.
The Australian Taxation Office has escalated its debt recovery efforts by hiring private debt collectors to pursue billions in outstanding taxes. Learn how this affects taxpayers and what you need to know.
The United States national debt has surged past a terrifying milestone, growing at its fastest pace in history. Experts warn this unprecedented acceleration threatens global economic stability.
Chancellor Rachel Reeves faces mounting pressure as economists question her fiscal rules amid soaring government borrowing costs and a £25 billion interest payment bill that threatens Labour's investment plans.
Chancellor Rachel Reeves confronts harsh economic reality as soaring debt costs and weak growth force major borrowing increases, putting Labour's fiscal rules under severe pressure.
Shocking financial documents expose Barcelona's £138 million debt turmoil as club faces mounting pressure despite recent cost-cutting measures and player sales.
Chancellor Rachel Reeves confronts unprecedented September borrowing figures while MPs push for wealth taxes in upcoming budget decisions.
New figures reveal UK government borrowing hit £15.9 billion in September 2025 - the highest for that month since records began. Chancellor Rachel Reeves faces mounting pressure as debt costs spiral and economic challenges deepen.
Exclusive analysis reveals how mounting debt payments are crippling Global South economies while wealthy nations delay meaningful action. Discover the human cost and potential solutions.
Shocking new data reveals bailiffs are visiting UK households at unprecedented rates as families struggle with mounting debt and rising living costs.
HM Revenue & Customs gains controversial authority to recover tax debts directly from personal bank accounts without court orders, raising privacy and fairness concerns across Britain.
Chancellor Rachel Reeves faces mounting pressure as UK government borrowing costs surge to their highest level in two decades, threatening Labour's economic plans and increasing pressure on public finances.
UK councils issue urgent warning to Chancellor Rachel Reeves as financial pressures threaten essential services including social care, libraries and bin collections.
Cardiff Council votes to abolish its cabinet model, returning to a committee system that promises greater transparency and cross-party involvement in decision-making.
The International Monetary Fund issues stark warning as global government debt is projected to reach 100% of GDP within five years, with the UK facing particularly challenging economic headwinds.
New Zealand's coalition government has dramatically reduced guaranteed Māori representation on local councils, cutting dedicated seats by more than half in a move critics call a devastating blow to indigenous rights.
Shadow Commons leader Lucy Powell cautions Labour against complacency in upcoming May local elections, warning that writing off contests could prove costly for Starmer's government.
Exclusive: Council chiefs and public servants across Britain have been ordered to seek government approval before making significant policy statements in dramatic Whitehall power grab.
Bridgewater founder sounds alarm over America's unsustainable debt levels, drawing parallels to historical periods of great internal conflict
Kent County Council faces financial meltdown, proposing unprecedented council tax hikes and sweeping service cuts to avoid effective bankruptcy. Local residents brace for impact as authority warns of 'difficult decisions' ahead.
As France's political turmoil sends shockwaves through European bond markets, experts warn Britain and other governments face similar debt crises. Discover why global financial stability hangs in the balance.
Senior Labour figures Lucy Powell and Bridget Phillipson announce ambitious plans to devolve significant powers from Whitehall to local communities, marking a fundamental restructuring of British governance.
Dublin City Council faces Whitehall backlash after voting to fly Palestinian flags and support sanctions against Israel in response to Gaza conflict.
A Reform UK-led council in Nottinghamshire has reversed its decision to bar local journalists from meetings following widespread criticism and accusations of undermining democracy.
The Australian Taxation Office is aggressively pursuing taxpayers for debts dating back 20+ years, using new powers to recover money many believed was written off. Thousands face unexpected financial shocks.