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UK government spending

  • Thursday, 1 August, 2024
    Chris Giles
    Reeves has more legacy junk to ditch as the Treasury sorts out its finances

    The difficult reality is a recognition that we will have to spend more and get less than promised from public services

    A woman in a suit stands to deliver a speech  in the UK parliament hall
  • Thursday, 1 August, 2024
    UK ministries should get five-year budgets to ensure stability, think-tank says

    Labour government needs to reform spending review process if it wants to reach its mission targets, IfG warns

    Rachel Reeves
  • Wednesday, 31 July, 2024
    Labour’s black holes and revelations

    Macro cuts

  • Wednesday, 31 July, 2024
    Health sector
    Labour’s hospital building review risks patient safety, say NHS bosses

    Health leaders call for ‘swift’ assessment, warning service ‘cannot afford further disruption’

    Ambulances outside a hospital
  • Tuesday, 30 July, 2024
    UK public finances
    Who is to blame for the UK government’s overspending?

    Recriminations fly after Reeves’s claim of £22bn black hole

    Chancellor Rachel Reeves and her predecessor Jeremy Hunt
  • Tuesday, 30 July, 2024
    Rachel Reeves says she will raise taxes at the Budget

    Chancellor embroiled in a row over how much Labour knew before the election about a hole in the public finances

    Rachel Reeves
  • Tuesday, 30 July, 2024
    Hunt questions figures given to MPs over Labour’s claims of £22bn hole

    Former chancellor asks why number presented by Rachel Reeves differs markedly from spending estimates provided to parliament

    Rachel Reeves, left, and Jeremy Hunt attend the State Opening of Parliament at the Palace of Westminster in London on July 17
  • Tuesday, 30 July, 2024
    FT News Briefing podcast10 min listen
    The EU’s trade plan for a potential second Trump term

    Brussels will offer a quick deal then threaten retaliation against tariffs

  • Monday, 29 July, 2024
    Rachel Reeves unveils ‘incredibly tough choices’ to plug £22bn fiscal hole

    Chancellor cuts winter fuel payments for better-off pensioners as she paves the way for Budget tax rises

    Rachel Reeves speaking in the House of Commons on Monday
  • Monday, 29 July, 2024
    ‘Fiscal hole’ identified by Reeves includes £9.4bn in pay awards

    Decision to accept recommendations of pay review bodies in full was ‘a choice’, experts say

    Rachel Reeves
  • Monday, 29 July, 2024
    News in-depth
    Chancellor’s task of stabilising the public finances has only just begun

    Treasury acknowledges announcements will only go part of the way towards clamping down on 2024-25 overspend

    A montage of a pair of scissors in front of images of a home heater, rail tracks, pound notes and Stonehenge
  • Monday, 29 July, 2024
    UK infrastructure
    Axing of Stonehenge tunnel raises uncertainty for industry, warn analysts

    Cuts to infrastructure projects cast doubt over Labour’s growth strategy

    Cars make their way along the A303 past Stonehenge in Wiltshire
  • Monday, 29 July, 2024
    The FT ViewThe editorial board
    Britain’s tough fiscal choices

    Growth measures should not be sacrificed to plug ‘black hole’ in public finances

    Chancellor of the Exchequer Rachel Reeves in her office at no 11 Downing Street, London, ahead of her statement to the House of Commons on the findings of the Treasury audit into the state of the public finances.
  • Sunday, 28 July, 2024
    UK energy
    UK Labour’s tax pledge will test plan to cut North Sea emissions, warns Equinor boss

    Electrification of Rosebank field will be more ‘challenging’ under new government’s fiscal regime, says oil and gas chief

    Equinor’s floating production storage and offloading unit for Rosebank
  • Friday, 26 July, 2024
    Reeves to delay infrastructure projects to address ‘fiscal hole’

    Chancellor’s problems exacerbated by recommendations that public sector workers should get pay rises that are well above inflation

    Rachel Reeves
  • Friday, 26 July, 2024
    UK defence industry
    Leonardo chief ‘open to’ Saudi role in fighter jet project if UK cuts support

    Roberto Cingolani says ‘fourth partner could be very convenient’ for Global Combat Air Programme

    Global Combat Air Programme fighter model on display at the Farnborough air show in England on July 22 2024
  • Thursday, 25 July, 2024
    Reeves set to disclose £20bn shortfall in government funding plans

    Chancellor will outline results of an audit of finances likely to pave way for tax rises this year

    The US Secretary of the Treasury, Janet Yellen (R), shakes hands with UK Chancellor of the Exchequer, Rachel Reeves
  • Thursday, 25 July, 2024
    UK public finances
    Reeves to pave way for UK Budget tax rises

    Labour’s election pledges mean wealthy are likely to be hit

    Rachel Reeves
  • Tuesday, 23 July, 2024
    HS2
    Britons may need to be put off taking trains due to HS2 curtailment, watchdog says

    Axing northern leg between Birmingham and Manchester will mean fewer seats on existing rail services, NAO says

    Members of the engineering team behind HS2’s longest tunnel celebrate after the boring machine broke through on February 27, 2024 in Great Missenden
  • Tuesday, 23 July, 2024
    National Health Service
    NHS may ‘break’ under patient demand, warns spending watchdog

    National Audit Office notes potential ‘growing mismatch’ between demand for services and future funding

    Two nurses wheeling in a patient on a stretcher
  • Tuesday, 23 July, 2024
    Inside Politics
    The Labour government’s ‘inheritance’ retort will not work on everything

    Blaming Tory mismanagement is much more convincing on public services than it is on immigration

    Home Secretary Yvette Cooper arrives for a cabinet meeting at 10 Downing Street
  • Monday, 22 July, 2024
    Starmer raises prospect of scrapping child benefit cap

    Ex-chancellor Hunt claims Labour government is ‘softening us up for colossal U-turn’ on higher taxes

    Mother with children walking home
  • Sunday, 21 July, 2024
    UK public finances
    UK ministers point to tough autumn Budget and possible tax rises

    Rachel Reeves to give statement on Labour’s ‘spending inheritance’ as new government grapples with early crises

    Rachel Reeves
  • Sunday, 21 July, 2024
    UK public services
    Reeves hints at imminent above-inflation pay deals for teachers and nurses

    UK chancellor says ‘there is a cost to not settling’ even as Treasury grapples with straitened finances

    Rachel Reeves
  • Monday, 8 July, 2024
    Labour party UK
    Labour’s mountain to climb: the challenge facing Keir Starmer’s government

    Seven charts that show the scale of problems in UK public services after decades of under-investment

    A montage of a school crossing sign, the NHS logo, sterling coins and a house
Previous page You are on page 1 Next page

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