No Brexit assessment in Reeves' budget
Chancellor Rachel Reeves reveals the Autumn Budget won't include formal Brexit economic analysis, citing OBR forecasting constraints and prioritising immediate economic challenges.
Category : Economy
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.
Remote Work Drives Major City Population Decline
New research reveals major global cities including New York and London are experiencing significant population declines as remote work revolutionises where people choose to live and work.
State Pension Shock: Triple Lock Under Threat
Millions of UK pensioners face financial uncertainty as political parties consider dismantling the state pension triple lock. Exclusive analysis reveals potential income cuts and retirement planning impacts.
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UK Economy Stagnates with Zero Growth in April
Shock Office for National Statistics data reveals zero growth in April 2024, handing incoming Chancellor Rachel Reeves immediate economic challenge days before taking office.
Reeves forced into borrowing spree as fiscal plans unravel
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.
UK economy grows 0.6% in Q1 2024, beating forecasts
Britain's economy grows at fastest pace in over two years with 0.6% expansion, beating expectations and marking strong recovery from recession. Services sector leads growth while Chancellor celebrates 'brighter economic outlook'.
UK government borrowing hits record September high
Chancellor Rachel Reeves confronts unprecedented September borrowing figures while MPs push for wealth taxes in upcoming budget decisions.
UK borrowing outstrips forecasts as Amazon outage hits
UK government borrowing surged past official predictions in September, creating an early challenge for Chancellor Rachel Reeves. The financial uncertainty coincides with a major Amazon Web Services outage that disrupted global businesses before being reso
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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.
Australian 'Death Tax' Proposal Sparks Boomer Backlash
A controversial new inheritance tax proposal in Australia has ignited fierce debate, with older generations pushing back against what they're calling a 'death tax' that would redistribute wealth from estates to younger Australians.
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.
Reeves Confirms Major Tax Rises in Autumn Statement
Labour Chancellor Rachel Reeves announces significant tax increases coming this autumn in her first major fiscal statement, marking the most substantial tax rises since Gordon Brown's government. The measures aim to address economic challenges post-Brexit
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Brits to be poorer than Turks and Latvians by 2040s
Groundbreaking economic research reveals Britain is on course to be outperformed by Turkey and Latvia within two decades, with the UK facing its worst relative decline in living standards since records began.
China's Economic Growth Slows Amid Property Market Crisis
Fresh economic data reveals China's growth hitting its slowest pace since the pandemic era, with falling house prices and stock market jitters creating a perfect storm for the world's second-largest economy.
Australia's Opposition Pledges Major Income Tax Cuts
Australia's opposition Coalition pledges sweeping income tax reforms that could reshape the nation's economic landscape. Discover what this means for workers and the economy.
Reeves scraps Birmingham NEST hub in economic shake-up
Labour Chancellor Rachel Reeves has abruptly terminated the planned £150 million NEST innovation hub in Birmingham, marking one of her first major economic decisions and raising concerns about the UK's regional development strategy.
Australia's inflation crisis deepens as energy prices soar
Australia faces a perfect economic storm as inflation surges beyond expectations, energy costs skyrocket, and the government faces mounting pressure over its economic management ahead of a crucial by-election.
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Brexit Has Weakened UK Economy, Says Bailey
Andrew Bailey reveals Britain's economy has been 'weakened' by Brexit, with persistent inflation and reduced competitiveness creating long-term challenges for growth and stability.
Bank Chief: Brexit Has Damaged UK Economy
Andrew Bailey reveals Britain's economy has suffered long-term damage from leaving EU, with imports hit hardest and no Brexit dividend in sight.
American parents bankroll adult children through 30s
New research exposes how millions of American parents are sacrificing their retirement savings to support grown-up children struggling with soaring living costs and student debt.
Britain's Wealth Creators Flee Labour's Tax Policies
As Labour's tax policies target high earners, Britain's most successful entrepreneurs and professionals are discovering happier, more sophisticated alternatives abroad. Discover where they're going and why.
Bailiffs visit one UK home every 59 seconds
Shocking new data reveals bailiffs are visiting UK households at unprecedented rates as families struggle with mounting debt and rising living costs.
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Reeves: Labour will grow economy, not cut welfare
Shadow Chancellor Rachel Reeves pledges to boost Britain's economy through growth rather than welfare cuts, while securing union support for Labour's fiscal plans.
Charities warn Reeves: Don't cut public services
More than 120 charities and community organisations plead with Chancellor Rachel Reeves to protect essential services from spending cuts in upcoming budget decisions.
Reeves to remove luxury cars from Motability scheme
Labour's first Budget targets premium vehicles on disability scheme in major welfare reform, saving millions while sparking debate about essential mobility support.
From rejection to £40M: The entrepreneur who never quit
Discover the incredible journey of a determined entrepreneur who faced four devastating rejections and refused a tempting bribe to build his multi-million pound success story against all odds.
Kerala Temple's Gold Treasure Sparks Smuggling Crisis
Kerala's Sabarimala Temple faces security crisis as gold reserves hit record value, triggering smuggling concerns and urgent protection measures.
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Reeves' First Budget: Labour's Economic Tightrope
Chancellor Rachel Reeves prepares her debut budget amid warnings of tough choices, potential tax rises, and questions about Labour's economic credibility.
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