Category : Search result: Labour budget crisis


Labour's biggest union backer eyes party split

Unite, Labour's largest union backer, is reportedly considering a formal split from the party, marking a historic fracture and posing a severe challenge to Keir Starmer's leadership. Read the full story.

Ex-Labour housing chair joins Southwark Greens

Sam Foster, former Chair of Southwark's Housing Scrutiny Commission, has left Labour for the Green Party, citing asylum and housing policies. It's the second defection in a month.

Labour's £26bn Tax Rise Breaks Election Promises

Chancellor Rachel Reeves raises taxes by £26bn, breaking manifesto pledges not to increase taxes on working people. Analysis reveals the political cost for a government with a 400-seat majority.

OBR Leaks Budget 40 Minutes Early, Sparks Investigation

The Office for Budget Responsibility accidentally published its full budget analysis online 40 minutes before the Chancellor's speech, moving markets and prompting a major inquiry. Discover the full story behind the breach.

Labour's Budget: Gains for Families, Cuts Looming

Rachel Reeves' first budget lifts 350,000 children from poverty but faces OBR warnings of future Osborne-style cuts. Analysis of the fiscal strategy and its impact on public services.

Labour's £26bn budget gamble to buy time

Rachel Reeves delivers a £26bn tax-raising budget with only 20% directly helping households. Analysis reveals this is more about political survival than economic transformation.

Reeves' Budget Speech Delivers No Surprises

Chancellor Rachel Reeves' budget speech contained no surprises after policy leaks. The OBR accidentally published the full budget online before delivery. Read analysis.

Reeves' Budget Scraps Two-Child Benefit Cap

Chancellor Rachel Reeves unveils a Labour-core Budget, scrapping the two-child benefit cap to lift a million children from poverty. Discover the key measures and political impact.

Autumn Budget 2025: Rachel Reeves' Tax Plans Revealed

Chancellor Rachel Reeves delivers Autumn Budget with major tax changes expected. Watch live at 12:30pm as Labour faces crucial economic test. Full analysis of property, pension and income tax measures.

Reeves' 'Hokey Cokey' Budget Targets £20bn Shortfall

Chancellor Rachel Reeves prepares a heavily-leaked budget addressing a £20bn financial hole through tax threshold freezes, potential mansion taxes, and cost of living relief. Will it satisfy Labour MPs?

Labour MP: Budget could force founders out of UK

A Labour MP joins industry leaders in warning the Budget could crush UK tech growth and force founders abroad. Calls grow to replace the Enterprise Investment Scheme with more generous tax relief.

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