Reeves vows 'fair choices' in Budget with tax rises
Chancellor Rachel Reeves pledges 'fair and necessary choices' in her Budget, balancing tax rises for fiscal credibility with measures to tackle the cost-of-living crisis.
Category : Search result: fiscal crisis
Rachel Reeves' Budget Faces £20bn Gap and Labour Backlash
Chancellor Rachel Reeves unveils budget tackling cost of living crisis with minimum wage rises and tax increases, while battling to keep Labour MPs supportive amid £20bn spending gap.
Chancellor's Impossible Economic Choice Revealed
Britain's Treasury faces an impossible choice between economic necessity and political disaster as pressure mounts for decisive action on the nation's finances. Analysis reveals the stark reality confronting the government.
Chancellor Hunt's Fiscal Options Evaporate in Economic Crisis
Jeremy Hunt faces his moment of truth as fiscal flexibility evaporates amid economic stagnation and political pressure. Analysis of the Chancellor's dwindling options.
SNP ministers accused of fantasy politics amid fiscal crisis
Exclusive analysis reveals Scottish Government ministers are avoiding harsh economic realities while presiding over growing budget black holes and failing public services.
Reeves faces bond market rebellion over spending plans
Chancellor Rachel Reeves faces a stark reality check as bond markets push back against government spending plans, revealing the tough choices ahead for Britain's economy.
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.
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.
IFS demolishes Lib Dem £2.5bn tax cut pledge
Liberal Democrat leader Sir Ed Davey confronts mounting criticism after the Institute for Fiscal Studies dismantles his party's flagship £2.5bn tax cut proposal, revealing significant funding gaps and questioning economic credibility ahead of crucial elec
Reeves Under Fire Over £25bn Interest Bill Crisis
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.
IFS urges Rachel Reeves to consider welfare cuts in budget
The Institute for Fiscal Studies delivers stark warning to Chancellor Rachel Reeves, stating benefit cuts cannot be ruled out in upcoming budget despite political risks.
Reeves: Wealthy face tax rises in November budget
Chancellor Rachel Reeves confirms wealthy Britons face tax increases as part of Labour's November budget strategy, emphasising 'economic stability' over 'quick fixes'.
Reeves: No 'magic wand' for UK economy
Chancellor Rachel Reeves delivers sobering assessment of UK finances, confirming tough decisions ahead as Labour confronts 'worst economic inheritance since WWII'.
Reeves: Age of irresponsibility over in first budget
Chancellor Rachel Reeves unveils radical planning reforms and spending restraint in her debut budget, promising economic stability after Tory 'chaos'.
Reeves Unveils Labour's Radical Budget Overhaul
Shadow Chancellor announces sweeping economic reforms including tax system modernisation and business investment drive in landmark speech positioning Labour as party of fiscal responsibility.
Reeves faces tax rise or spending cut dilemma in budget
Chancellor Rachel Reeves faces difficult decisions as IMF analysis reveals significant fiscal shortfall, with potential tax increases or spending cuts looming in Labour's inaugural budget.
Reeves gives OBR veto power over budgets
Shadow Chancellor pledges to give Office for Budget Responsibility unprecedented veto power over major tax and spending decisions, learning from Truss's disastrous mini-budget.
IMF backs Rachel Reeves as UK becomes 'beacon of stability'
Chancellor Rachel Reeves receives major IMF endorsement for her economic strategy, with Britain praised as a model of stability amid global uncertainty. Discover how tax reforms and fiscal discipline are driving UK growth.
IMF Slashes UK Growth Forecast in Blow to Starmer
The International Monetary Fund's stark growth downgrade exposes the economic challenges awaiting Labour's new government, with inflation concerns and fiscal constraints threatening Keir Starmer's ambitions.
Labour's Tax Bombshell: Council Hikes & Millionaire Charges
Rachel Reeves announces sweeping tax reforms including council tax revaluation and potential exit charges for wealthy residents fleeing Labour's fiscal policies.
IFS warns Reeves against rushed tax reforms
The Institute for Fiscal Studies cautions Chancellor Rachel Reeves against implementing 'half-baked' revenue-raising measures that could harm the economy and undermine business confidence.
IFS warns Labour of severe economic constraints in government
Leading economic think tank warns Rachel Reeves faces 'iron chancellor' reality with limited fiscal flexibility, challenging Labour's spending ambitions ahead of potential government.
Reeves: No wealth tax in Labour's first Budget
Shadow Chancellor Rachel Reeves confirms Labour will not implement a one-off wealth tax in their first Budget, marking significant shift from previous economic proposals.
Reeves hunts budget headroom to insulate UK economy
Chancellor Rachel Reeves is exploring creative fiscal measures to create additional budget flexibility, aiming to shield Britain's economy from unpredictable bond markets while prioritising economic insulation.
Reeves challenges OBR authority in economic power play
Labour Chancellor Rachel Reeves launches bold bid to reshape UK economic oversight, seeking to reduce the Office for Budget Responsibility's influence over fiscal policy in dramatic Whitehall shake-up.
2026 US Tax Shock: How Expiring Cuts Affect You
Millions face higher tax bills as US tax cuts automatically expire in 2026. Discover how the 'fiscal cliff' will impact British expatriates and international investors.
IFS: Government has 'no credible' economic plan
The Institute for Fiscal Studies has launched a scathing critique of both Conservative and Labour economic policies, warning of 'unacknowledged trade-offs' and challenging Liz Kendall's welfare reform ambitions.
Reeves shatters Treasury fiscal rules in economic reset
Labour's first female Chancellor announces dramatic overhaul of Treasury spending rules, prioritising economic growth over rigid fiscal constraints in major policy shift.
VAT error gives Reeves £3bn budget windfall
Chancellor Rachel Reeves discovers unexpected £3bn for autumn budget after officials correct significant VAT calculation error, providing relief amid spending pressures.
Badenoch pushes major tax cuts to boost UK economy
Business Secretary Kemi Badenoch makes the case for significant tax reductions to stimulate UK economic growth, challenging Treasury orthodoxy ahead of the next election.
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