Public sector employees across the United Kingdom are facing increasingly constrained pay prospects as the Treasury signals a period of subdued wage growth. The fiscal pressures weighing on government finances
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Every chancellor regards the budget as a defining moment; some emerge with their reputations intact, others do not. As the latest budget draws near, Rachel Reeves faces mounting scrutiny both
The government is poised to introduce a pay per mile tax for electric vehicles from 2028, marking a significant shift in how drivers are charged for road use. This change
Chancellor Rachel Reeves’s proposal to allow companies increased access to surpluses within defined benefit pension schemes has drawn severe criticism from representatives of pensioners affected by the infamous Robert Maxwell
Heathrow Airport has sharply criticised proposals that would see its business rates bill rise fivefold to £500 million from the current £121 million, arguing such an increase undermines the government’s
Betfred, one of the United Kingdom’s largest betting shop operators, has issued a stark warning that it could shutter its entire estate of 1,300 shops if the Treasury pushes forward
Chancellor Rachel Reeves stands on the cusp of an unexpected financial boon as UK authorities prepare to liquidate a vast trove of seized cryptocurrency — with estimates suggesting a potential
Britain’s economic outlook appears increasingly challenging as Chancellor Rachel Reeves prepares to deliver her spring statement on 26 March. The Office for Budget Responsibility’s (OBR) forthcoming forecasts are expected to
The British government attempted to quell market concerns on Thursday by reaffirming its commitment to fiscal rules, as UK borrowing costs reached levels not seen since the 2008 financial crisis.
The Chancellor of the Exchequer, Rachel Reeves, made an unprecedented second public statement in as many days, asserting her “iron grip” on public finances amidst an intensifying bond market sell-off.
The UK Treasury has breached its legal obligations by failing to disclose a £9.5 billion overspend by government departments prior to the March Budget, according to the fiscal watchdog’s leadership.
Millions of Unwanted 1p and 2p Coins Pile Up in UK Warehouses as Future of Coppers Remains Uncertain
The Royal Mint has left millions of unwanted 1p and 2p coins languishing in warehouses across Britain, as speculation mounts over the future of copper coins. According to industry data,
