Global Fund faces $6.7bn shortfall in disease fight
Critical $6.7bn funding gap for Global Fund puts HIV, TB and malaria progress at risk as key donors withhold pledges. Urgent action needed to prevent resurgence.
Category : Search result: fiscal shortfall
EV Boom Creates £13B Treasury Black Hole
As petrol and diesel cars disappear from UK roads, the Treasury faces a massive fuel duty shortfall that could force difficult tax decisions. Discover how the switch to EVs is reshaping Britain's fiscal landscape.
Australia's $33bn tobacco tax crisis hits budget
Australia faces a staggering $33 billion tax revenue shortfall as anti-smoking success backfires on Treasury projections, forcing budget rethink.
Police Scotland demands extra £140m amid budget crisis
Police Scotland faces its most severe financial crisis since its creation, with chiefs warning they need an additional £140 million annually just to maintain current service levels amid rising operational costs.
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
UK retirement crisis: Millions saving too little
Shocking new research reveals nearly half of UK adults aren't saving enough for retirement, with young people and renters facing the greatest financial insecurity in later life.
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.
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.
Badenoch: Half of spending cuts to reduce deficit
Chancellor Kemi Badenoch announces radical new fiscal policy requiring 50% of spending reductions to directly tackle Britain's budget deficit, reshaping economic strategy.
Starmer: Next government faces worst inheritance since WWII
Labour leader Sir Keir Starmer confronts 'darkest hour' for public services as Institute for Fiscal Studies exposes dire economic reality awaiting next Prime Minister.
Reeves rules out wealth tax in budget announcement
Chancellor Rachel Reeves declares wealth tax off the table in first major fiscal decision, opting instead for growth-focused economic strategy.
Reeves could raise £45bn in taxes without breaking pledges
Chancellor Rachel Reeves could raise £45bn through strategic tax reforms while honouring manifesto commitments, according to new economic analysis examining revenue-raising options.
Starmer warns of tough choices ahead, won't rule out tax rises
Sir Keir Starmer declares Britain must confront 'tough choices' as he refuses to rule out tax increases while outlining his vision for national renewal and economic stability.
£30bn Budget Hit for Brits as Reeves Spares Businesses
Chancellor Rachel Reeves faces backlash as £30bn budget measures target households while promising business-friendly approach. Discover how new fiscal plans could impact your wallet.
Rachel Reeves's Economic Wonderland: Fantasy Over Reality?
Chancellor Rachel Reeves faces mounting criticism as her economic policies draw alarming parallels to fantasy over reality. Experts question the sustainability of her borrowing plans and warn of serious consequences for Britain's economy.
Reeves urges Labour MPs: Focus on growth mission
New Chancellor Rachel Reeves delivers powerful message to Labour MPs, demanding immediate focus on economic growth and fiscal discipline in government's first days.
Reeves's alcohol duty hike backfires, costs Treasury £1bn
Rachel Reeves's planned increase in alcohol duty is projected to cause a dramatic £1 billion shortfall in tax revenues, according to a damning new Treasury analysis, raising serious questions about the government's economic strategy.
Reeves Rules Out Income Tax, NI, and VAT Rises
Chancellor Rachel Reeves has used her first major speech to pledge no increases to Income Tax, National Insurance, or VAT, while warning of difficult spending decisions to rebuild the economy.
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