Category : Search result: Labour government finances


Guardian corrects government spending chart and obituary

The Guardian has issued corrections for a government expenditure chart that mislabelled £400bn and omitted £62bn, and for an obituary of architect Christopher Mullan. Discover the details and how to report errors.

Reeves Under Fire as OBR Reveals Budget Surplus

Chancellor Rachel Reeves faces mounting pressure to resign after the OBR revealed it told her about a £4.2bn surplus weeks before she claimed a £30bn black hole. Read the full investigation.

Greene qualifies for congressional pension by days

Controversial US Rep Marjorie Taylor Greene will qualify for a substantial congressional pension worth over £265,000 after serving just over the five-year minimum requirement. Discover how her financial gains compare to her £25 million net worth.

Reeves calls for Labour unity ahead of Budget

Chancellor Rachel Reeves urges Labour MPs to support Wednesday's Budget amid expected tax increases and economic challenges. Read the latest Westminster developments.

Reeves calls for Labour unity ahead of Budget

Chancellor Rachel Reeves urges Labour MPs to support the Budget, calling it a 'team sport'. The statement is expected to include tax rises to address public finances.

HMRC pauses child benefit crackdown after data error

A significant HMRC data error has resulted in 23,500 families being wrongly targeted in child benefit investigations, forcing the tax authority to pause its compliance campaign amid widespread concern.

Woking Council declares bankruptcy with £1.9bn debt

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.

Reeves rules out mansion tax in budget positioning

Shadow Chancellor Rachel Reeves dismisses mansion tax plans while former Bank of England Governor Mervyn King delivers stark warning about UK's 'parlous' public finances ahead of budget announcement.

Reeves Confronts £22bn Budget Black Hole

Newly appointed Chancellor Rachel Reeves faces stark warning from Treasury officials about Britain's dire economic outlook and massive funding shortfall just days into the job.

Why Labour must tax wealth, not just income

As Labour prepares for government, experts argue that taxing wealth through mansion levies and council tax reforms could be the key to solving Britain's fiscal crisis without punishing ordinary workers.

UK borrowing hits record September high of £15.9bn

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.

Reeves: UK economy in worse state than thought

Chancellor Rachel Reeves delivers sobering assessment of Britain's economic inheritance, revealing deeper problems than anticipated with Resolution Foundation analysis showing significant fiscal challenges ahead.

Reeves: No quick fix for UK economic crisis

Chancellor Rachel Reeves delivers stark assessment of UK finances, confirming previous government left economy in worst state since WWII with 'no magic wand' for immediate solutions.

UK government borrowing costs hit 20-year high

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.

Labour's VAT Cut Plan to Slash Energy Bills

Shadow Chancellor Rachel Reeves announces Labour's emergency budget plan to cut VAT on energy bills, offering immediate relief to families facing financial hardship this winter.

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