IFS Warns Budget Tax Plans Are 'Fiscal Fiction'
The Institute for Fiscal Studies warns Jeremy Hunt's budget relies on 'fiscal fiction' with unrealistic spending cuts and tax rises. Read the full analysis of the UK's financial outlook.
The Institute for Fiscal Studies warns Jeremy Hunt's budget relies on 'fiscal fiction' with unrealistic spending cuts and tax rises. Read the full analysis of the UK's financial outlook.
The IFS warns Rachel Reeves' Budget relies on 'heroic' spending restraint, with major tax rises delayed until 2028, risking future fiscal credibility. Read the full analysis.
Exclusive investigation reveals UK councils have spent £633m on rent-to-rent schemes since 2020 as housing crisis deepens. Discover how middlemen profit from desperate local authorities.
Chancellor Rachel Reeves' Budget leaked before Commons speech, revealing record tax burden hitting 38.3% of GDP to fund £70bn welfare increase. Discover the full economic impact.
Guardian Australia invites readers to nominate their favourite Australian children's picture book for a major poll. Share your beloved childhood stories today!
Transport for London discloses it spent £4 million annually with O2 before switching to Vodafone. Discover the full financial details revealed by a Freedom of Information request.
Chancellor Rachel Reeves announces £12bn welfare spending increase, scrapping two-child benefit cap. Discover the Budget's economic impact and political fallout.
Chancellor Rachel Reeves must balance tax rises with spending cuts as Britain's debt servicing hits £110bn annually. Can she ignore political pressure and fix public finances?
Treasurer Jim Chalmers confirms departments must identify savings from low-priority spending, denying major job cuts while facing Coalition criticism over election promises.
B&Q owner Kingfisher boosts profit outlook despite softening UK retail market. Discover how strong management drives success in challenging economic conditions.
Australian Electoral Study reveals Peter Dutton's historic unpopularity and Labor's economic policy triumph. Discover how tax cuts and leadership shaped the election outcome.
Chancellor Rachel Reeves faces budget crisis as borrowing hits £17.4bn in October. Growth Commission proposes £105bn spending cuts to break economic 'doom loop'. Read analysis.
The cost of the Australian Bureau of Meteorology's website overhaul has skyrocketed to $96.5m, prompting an official explanation. Discover the full story behind the budget blowout.
New research reveals 83% of Brits have tightened their budgets, saving £1,411 annually. Discover how households are adapting to the cost of living crisis.
Australia's Bureau of Meteorology faces scrutiny after revealing its controversial website redesign cost taxpayers $96.5m. Environment minister demands explanation for massive budget overrun.
Chancellor Rachel Reeves announces a £1.2bn crackdown on Universal Credit fraud while scrapping the two-child limit. Discover the budget's impact on welfare and taxes.
Chancellor Rachel Reeves faces a pivotal budget to restore economic calm. Can she deliver bold tax-and-spend decisions to make future budgets reassuringly dull?
Tottenham manager Thomas Frank discusses the club's transfer strategy, revealing they're not ready for £100m signings despite new investment. Can they challenge Arsenal?
Chancellor Rachel Reeves vows to halve the UK's £1.36bn consultancy bill, but a damning NAO report reveals inconsistent data hinders progress tracking. Discover the fiscal challenge.
JD Sports warns annual profits will be at lower end of forecasts as high youth unemployment and lack of spare cash among under-25s causes a 3.3% sales slide in the UK, its worst-performing market.
Premier League clubs meet to decide on new financial rules including spending caps and anchoring that could reshape English football's competitive balance.
Labour MP alleges Microsoft overcharged the NHS in major software contracts as MPs call for more government spending with British tech firms. Discover the details.
Parliamentary committee warns UK lacks credible defence funding plan as armed forces shrink to historic lows. Read the stark assessment of Britain's military readiness.
Islington Council's homelessness budget soared from £5m to £15m in one year as temporary accommodation demand spikes. Discover how the borough is tackling London's housing crisis.
Nigel Farage's Reform UK and Kemi Badenoch's Conservatives intensify pressure on Labour with £72bn spending cut demands ahead of crucial Budget. Read the full analysis.
Exclusive analysis from Politics At Sam And Anne's podcast reveals growing concerns as the Prime Minister's overseas trips coincide with Whitehall budget tensions. Listen now for insider political insights.
Australia's national science agency, CSIRO, announces up to 350 further job cuts, described as 'some of the worst cuts ever seen' for publicly funded science.
EFL chairman Rick Parry will not support radical proposals from League One clubs for a £4.7m salary cap and luxury tax system. Discover the future of football finance.
A last-minute hemp ban in the US funding bill causes Republican dissent, threatening to derail efforts to end the government shutdown. Key industry figures react.
The UK reduces its pledge to the Global Fund by 15%, a move charities warn jeopardises the fight against preventable diseases. Discover the impact on global health.