Labour’s spending review must apply this test to every departmental proposal
Labour minister had warned of the ‘economy crashing’ without immediate cuts
This week’s Big Question asks readers: should the UK government raise personal taxes to plug a gap in the public finances?
An MPC meeting next month looks set to shape interest rates, normalise risk taking and kill a silly fiscal rule
Wealth managers report upswing in activity as investors position themselves ahead of October Budget
Economists expect higher levies on capital gains after Keir Starmer warns of ‘painful’ decisions on the public finances
Trade groups call for stability after prime minister says fiscal event will target ‘those with broadest shoulders’
Prime minister gives strongest hint yet of tax rises to improve public finances
British pharmaceutical company unhappy at chancellor Rachel Reeves’ plan to cut state aid for project
Removing winter fuel subsidies for all but the poorest pensioners is the first of many tough choices, the chancellor has warned
The difficult reality is a recognition that we will have to spend more and get less than promised from public services
Macro cuts
Recriminations fly after Reeves’s claim of £22bn black hole
Growth measures should not be sacrificed to plug ‘black hole’ in public finances
Conservatives say Labour is ‘scamming’ British people by paving the way for tax rises
Chancellor’s problems exacerbated by recommendations that public sector workers should get pay rises that are well above inflation
Chancellor will outline results of an audit of finances likely to pave way for tax rises this year
Lobby group’s warning comes as government lays ground for tough autumn Budget
Ex-chancellor Hunt claims Labour government is ‘softening us up for colossal U-turn’ on higher taxes
Estimates offer stark illustration of challenges facing Rachel Reeves as she prepares for autumn Budget
Rachel Reeves to give statement on Labour’s ‘spending inheritance’ as new government grapples with early crises
Figures highlight challenges for new Labour government of funding its economic agenda
Bill would make big fiscal announcements subject to oversight by watchdog
The coming fiscal statement will set an economic baseline for the new government
The chancellor’s mission to stoke economic growth faces dire headwinds, and might call for harsh trade-offs