Exclusive analysis reveals how the UK's rigid fiscal framework, designed for stability, is now actively hindering economic recovery, suppressing growth, and exacerbating the cost-of-living crisis. Experts warn the Treasury's orthodoxy is no longer fit for
Exclusive: Defence Secretary Grant Shapps delivers a stark warning that Britain's military resilience is dangerously low, lacking the 'whole-of-nation' readiness needed to counter a potential Russian threat. A new review calls for urgent, sweeping reforms
Exclusive investigation reveals the UK government is spending a staggering £8.2 million per day housing asylum seekers in hotels, as far-right protests target accommodation sites across the country. The Independent's analysis uncovers the true cost of the
Exclusive: Labour forces government to reveal secret data mapping the staggering scale of asylum seeker hotel use across Britain, costing taxpayers millions daily and sparking a major political row.
In a dramatic shift for household budgets, UK shop food prices have fallen by 2.4% in the year to June, marking the most significant drop since the Office for National Statistics began tracking the data in 2005.
The Royal Navy's state-of-the-art £1 billion Type 45 destroyer HMS Diamond has been declared non-operational, with critical engine defects preventing its deployment to assist Ukraine. Defence sources reveal the vessel, plagued by power failures, is stuck
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.
Ex-President Donald Trump stuns global leaders by revealing he told a NATO member he would 'encourage' Russia to act against nations failing to meet defence spending targets, plunging the alliance into a fresh crisis.
In a stunning revelation, former President Donald Trump stated he would not protect NATO countries failing to meet defence spending targets and would even 'encourage' Russian aggression against them, causing international alarm and raising serious questio
Labour's shadow chancellor Rachel Reeves is reportedly considering a new tax on homes to address a £50 billion spending shortfall, sparking fresh debate over the party's fiscal plans.
The Ministry of Justice has purchased multi-million-pound mansions near Heathrow, raising concerns over taxpayer spending priorities amid a cost-of-living crisis.
Cash-strapped fire services are under fire for spending half a million pounds on diversity roles as stations crumble due to lack of funding.
New data reveals UK consumer confidence has plummeted to its lowest level in decades, with households cutting back on spending as inflation and economic instability bite.
Nottingham Forest are preparing a massive £100m spending spree to secure three top-tier signings before the transfer window closes. Get the latest on their ambitious plans.
The Albanese government is under fire for spending taxpayer money on business-class flights for ministers, sparking outrage over wasteful spending.
Labour's new Chancellor Rachel Reeves faced tough questions on BBC Radio 4's Today programme about a potential £20bn shortfall in the party's spending commitments, as host Nick Robinson pressed for clarity on funding sources.
Former US President Donald Trump has issued a provocative statement suggesting he would encourage Russia to act against NATO allies failing to meet defence spending targets.
The UK government may fail to meet its pledge to allocate 80% of foreign aid to gender equality projects, raising concerns among development advocates.
New research from Deloitte reveals that consumers at major retailers like Walmart and Target are cutting back on discretionary spending due to inflation and economic concerns.
The US national debt has surged to unprecedented levels, with both Trump and Biden administrations contributing to the staggering increase, according to the latest Treasury Department report.
China introduces sweeping pay cuts for civil servants and public employees as part of a new austerity drive to stabilise its slowing economy.
Labour MP Chris Bryant criticises the UK government for excessive spending on temporary staff and consultants, calling for urgent reforms in Whitehall.
Andrew Griffith questions the fairness of taxpayers subsidising millions on benefits without job-seeking requirements. Is the system broken?
Former US President Donald Trump faces backlash as reports reveal alleged misuse of Pentagon funds intended for the National Guard during his tenure.
Retail sales in the UK saw a sharp decline in October as consumers tightened their belts due to rising inflation and economic uncertainty, according to the British Retail Consortium.
Retail sales in the UK show sluggish growth amid rising inflation and cautious consumer spending, with industry leaders urging government action in the upcoming Autumn Budget.
The Ministry of Justice faces backlash after spending £1.6m to transfer prisoners from England and Wales to Bulgaria, sparking outrage over costs and policy priorities.
Nigel Farage's Reform UK unveils ambitious 'DOGE' strategy to cut wasteful council spending and challenge Net Zero policies, targeting £100m savings within 100 days of local elections.
A new report reveals Gen Z's lavish spending habits during bank holidays, with many exceeding budgets on travel, dining, and entertainment. Experts warn of long-term financial consequences.
Rising food prices are making this year's festive feast the most expensive yet, with families facing steep increases for traditional Christmas dinner staples.