UK's Reeves faces budget pressure after January tax shortfall
British finance minister Rachel Reeves received more bad news on the public finances on Friday after January tax receipts ...
UK Runs Record January Budget Surplus but Misses Forecasts
LONDON (Reuters) - Britain's government ran a record budget surplus of 15.4 billion pounds ($19.5 billion) last month, ...
UK 'economy in stagflation' as experts warn of worse to come
UK businesses have been cutting jobs at the fastest rate in more than four years, and last October's Budget will only make things worse, a survey has revealed.
Why Keir Starmer may gamble on increasing Britain’s defence spending
Amid rising tensions around the world, the UK government faces pressure to increase defence spending. External threats and ...
UK consumers defy weak outlook to ramp up their spending
British retail sales rose in January for the first time since August and by much more than expected, according to official ...
UK runs 15.4 billion pound budget surplus in January
Britain's government ran a budget surplus of 15.4 billion pounds ($19.5 billion) last month, official figures showed on ...
Brits face brutal tax rises to pay for huge defence spending hike
Experts warned meeting US President Donald Trump ’s demands would cost the UK £80 billion, twice the sum raised in last year’s Budget which included hikes to National Insurance and inheritance tax on ...
Rachel Reeves faces tough decisions as UK borrowing soars, tax hikes and spending cuts loom
The latest public finance figures showed the tax receipts undershot expectations in January due to the sluggish performance ...
Weekly economic and financial commentary
Residential construction and existing home sales were muted in January, illustrating continued stress on the housing market ...
Think ahead: More spending, more growth? Don’t be so sure
In short, that extra spending probably won’t give the European economy the shot in the arm it so dearly needs – or at least ...
Huge amount Europe needs to spend on its military to protect itself from Russia WITHOUT US support is revealed
For decades, Europe has relied on the United States as the backbone of NATO , trusting that Washington would always be there ...
More pressure to raise taxes or cut spending - despite greatest budget surplus since records began
New figures have given the first snapshot of public finances since the market wobbles over whether Rachel Reeves could meet ...