All the updated news related to fiscal policy

All the news related to fiscal policy updated in real time

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Reeves sympathetic towards ‘mess’ ministers face ahead of Budget

Chancellor Rachel Reeves has said she is “sympathetic towards the mess” her Cabinet colleagues have faced, after it was reported that Sir Keir Starmer was facing backlash from his ministers over cuts that could come at next week’s Budget. Ms Reeves ...

23 Oct 2024 at 07:44

Hoyle rebukes Chancellor Rachel Reeves over ‘premature disclosure’ of Budget

Sir Lindsay Hoyle has accused Chancellor Rachel Reeves of acting with “supreme discourtesy” towards MPs given her “premature disclosure” of Budget details. The Commons Speaker said it was “totally unacceptable to go around the world telling ...

28 Oct 2024 at 18:43

S&P and Moody’s warn of fresh constraints to public finances after Budget

Ratings agencies S&P and Moody’s have warned about fresh limitations facing the UK’s public finances after Labour announced plans to borrow more at its autumn Budget. S&P said it views the UK’s fiscal position as “constrained”, following ...

01 Nov 2024 at 10:43

Fact check: Labour’s council tax promise applied to 2023-2024

At Prime Minister’s Questions on March 12 2025, Conservative Party leader Kemi Badenoch said: “The average council tax bill is increasing by over £100 in April after he promised to freeze it.” Evaluation Sir Keir Starmer and the Labour ...

12 Mar 2025 at 16:21

Reeves rules out raising taxes in Spring Statement

Rachel Reeves has ruled out raising taxes in next week’s Spring Statement. The Chancellor has repeatedly said she will not budge from her fiscal rules, which rule out borrowing to fund day-to-day spending. This has led to mounting ...

23 Mar 2025 at 00:01

Spring statement will lead to six months of ‘damaging speculation’, IFS warns

The Chancellor’s decisions at the spring statement will lead to six months of “damaging speculation and uncertainty over tax policy” ahead of the next budget, an influential economics think tank has warned. During Wednesday’s ...

26 Mar 2025 at 18:06

Reeves vows not to shy away from economic challenges amid statement criticism

Rachel Reeves has vowed not to shy away from economic challenges amid criticism from unions and political opponents after she cut welfare and squeezed Whitehall budgets in her spring statement. Writing for The Times ...

27 Mar 2025 at 00:01

Think tank forecasts lower-income households to be £500 a year worse off by 2030

Lower-income households are forecast to become £500 a year poorer over the next five years as a result of the Chancellor’s spring statement, according to the Resolution Foundation think tank. Rachel Reeves has ...

27 Mar 2025 at 06:07

Reeves ‘absolutely certain’ welfare cuts will not push people into poverty

Rachel Reeves has said she is “absolutely certain” her welfare reforms will not push people into poverty, appearing to reject official warnings about their impact. The Chancellor also denied there will be ...

27 Mar 2025 at 12:59

Starmer says Government record shows ‘mindset’ opposed to tax rises

Sir Keir Starmer has said the Government’s economic record shows a “mindset” opposed to tax rises but declined to explicitly rule out increases in the autumn amid warnings the Chancellor is likely to ...

27 Mar 2025 at 16:31

Chancellor on track to miss fiscal rules, says economic forecaster

The Government is on track to miss its key fiscal rules, increasing the likelihood of tax hikes later this year, an economic think tank has warned. Economic growth is also on track to be weaker than ...

08 May 2025 at 08:33

‘Painful’ budget measures likely, say economists as Chancellor lifts spending

The Government could have to announce “painful” fiscal measures in upcoming Budgets to balance the books after revealing fresh spending plans, economists have warned. Experts have said tax ...

11 Jun 2025 at 15:17

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