UK Still Paying £439bn Lockdown Debt in Budget
Britain's public finances remain constrained by £439bn lockdown borrowing as analysis reveals costs outweighed benefits. Discover the economic trade-offs.
Category : Search result: public finances
Budget 2025: Tax Hikes and Growth Pledges Revealed
Chancellor Rachel Reeves unveils a 'smorgasbord' of tax increases to fill a £30bn fiscal black hole while promising the 'biggest drive for growth in a generation'. Discover the key announcements.
Australia's public sector faces 5% budget savings search
Treasurer Jim Chalmers confirms departments must identify savings from low-priority spending, denying major job cuts while facing Coalition criticism over election promises.
Reeves Vows Growth Drive in Budget Amid Tax Rises
Chancellor Rachel Reeves pledges biggest growth drive in a generation while announcing tax rises to fill £30bn black hole. Full budget breakdown and analysis.
Economists criticise Reeves' Budget amid £20bn OBR downgrade
Rachel Reeves faces Budget scrutiny as senior economists question her fiscal strategy ahead of expected tax rises. Discover why experts claim productivity warnings were ignored.
Reeves' Budget Crisis: £17.4bn Borrowing Spike
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.
Nando's posts £38.2m profit after years of losses
Nando's has returned to profit for the first time since 2016 with £38.2m, but warns Rachel Reeves' tax hikes threaten future performance. Discover the full financial turnaround.
Reeves faces £30bn tax gap before Budget
Chancellor Rachel Reeves must address a £30bn fiscal shortfall with potential tax rises, risking business and consumer confidence. Discover the Budget's impact.
Hillingdon Finance Chief Forced Out in Council Shake-Up
Exclusive: Hillingdon Council's finance chief was asked to stand down as financial crisis deepens. Labour claims 'chaos' as council seeks third government bailout.
Former Soho toilet to become café or shop
Westminster Council plans to convert Broadwick Street's former public toilet, once labelled the UK's top cottaging spot, into retail or café space despite local opposition over toilet provision.
Government borrowing third-highest October record
Official figures reveal UK government borrowing reached £17.43bn in October, exceeding forecasts as consumer spending fell unexpectedly. Stay informed about economic developments.
UK's £15bn October Borrowing as Energy Cap Set to Fall
Final UK economic health check before the budget reveals £15bn October borrowing, stagnant retail sales, and a slight energy price cap fall from January. Stay informed on the key data.
UK Consumer Confidence Hits Bleak -19 Before Budget
UK consumer confidence has cratered to -19, with Brits bracing for tax rises. Discover the bleak GfK survey findings and what it means for the economy ahead of the Budget.
Former Soho toilet set to become café or shop
A former Soho toilet, once notorious as a 'cottaging' spot, is set for a new life as a café or shop. Westminster Council's plan faces criticism over the area's lack of public facilities.
Brent Council uses AI to plug £10m budget hole
Facing a £10m deficit, Brent Council proposes AI service redesign and selling empty buildings. Council tax to rise 4.99%. Have your say on the draft budget by January 30.
Mansion Tax Back? Chancellor's Budget Dilemma
With one week until the budget, Chancellor Rachel Reeves faces tough tax decisions to fix the public finances. Listen to the Politics at Sam and Anne's podcast for expert analysis.
Reform and Tories Battle Over Budget Spending Cuts
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.
HMRC accused over child benefit handling
HMRC faces criticism for 'cavalier' approach affecting child benefit claimants' finances. Learn about the payment issues and what it means for families.
John Oliver: US Public Media Defunding 'Just Stupid'
John Oliver exposes the dire consequences of Republican-led defunding of US public media, threatening local news and emergency services. Discover why this matters.
4th Hounslow Labour councillor defects to Tories
West London councillor Vickram Grewal leaves Labour for Conservatives, citing financial mismanagement. The fourth defection in a week signals turmoil ahead of 2026 local elections.
Enfield Council's £1.2bn Debt Crisis
An auditor has issued statutory recommendations to Enfield Council to de-risk its £1.286bn debt, warning that its financial reserves have fallen below a safe threshold. Discover the full story.
SEND funding crisis pushes councils to brink
Spiralling special educational needs costs threaten to bankrupt most English councils by 2028. Experts demand urgent government action to fix the £6.6 billion deficit. Read the full report.
Is the UK's fiscal black hole actually real?
Sky News Daily podcast explores whether the UK's fiscal black hole is genuine or self-imposed as Sir Keir Starmer faces budget pressures. Listen now for expert analysis.
English Rugby's £34m Crisis: Six Clubs Insolvent
Shocking audit reveals English rugby's financial crisis with £34m losses. Former star Haskell warns the sport is heading 'off a cliff'. Discover the urgent reforms needed.
Three Quarters of Brits Pessimistic About UK Future
New polling reveals 76% of Britons believe the UK is heading in the wrong direction amid economic concerns. Discover what's driving this pessimism ahead of the Autumn Budget.
Reeves' Budget: Tax Cuts to Ease Living Costs?
As living costs continue to squeeze household budgets, Chancellor Rachel Reeves faces mounting pressure to deliver meaningful income tax relief in her upcoming budget announcement.
Arsenal's youth spending 'unprecedented' says Slavia chief
Slavia Prague director reveals Arsenal's extraordinary financial might in youth transfers, calling their spending 'absolutely unprecedented' in football history.
Chelsea's £150M buffer against FFP fines revealed
Football finance experts reveal Chelsea have built a significant £150 million buffer that could protect them from substantial penalties despite ongoing Financial Fair Play investigations.
HMRC child benefit error freezes payments for thousands
A major HMRC system error has left thousands of parents without vital child benefit payments, prompting urgent parliamentary scrutiny and demands for immediate solutions.
Knife attack on busy Welsh train sparks police manhunt
Shocking details emerge about the violent knife attack aboard a crowded train in South Wales as British Transport Police launch major investigation into the rush hour incident that left passengers traumatised.
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