Economists have warned that the Chancellor will need to either hike taxes or slash public sector budgets by £6bn annually ...

David Lammy has warned Rachel Reeves that defence spending may need to treble to Cold War levels if Russia is allowed to win ...

Defence spending will be in the headlines this week as Keir Starmer races to Paris for crisis talks over Ukraine.

Rachel Reeves will have to raise taxes by an extra £12bn if she wants to boost defence spending to 2.5pc ...

Reeves has taken the decision largely to brazen out the difficult time rather than try to rebuild her reputation or turn into ...

Rachel Reeves faces a tough choice between £12billion in tax rises or significant spending cuts to meet Sir Keir Starmer's ...

It was reported the chancellor left the central bank nine months earlier than she stated in her LinkedIn profile ...

Sir Keir Starmer is reportedly set to overrule Rachel Reeves and call for increased military spending after a defence summit in Munich saw the US heap pressure on Europe to boost its support for ...

Rachel Reeves under fire for ‘exaggerating Bank of England experience on online CV’ - It was reported the chancellor left the central bank nine months earlier than she stated in her LinkedIn profile ...

Although the forecasts are subject to revision before Reeves’ Spring Statement on March 26, they indicate that her £9.9bn of headroom against her fiscal rules announced in her Budget last October has ...

BRITISH taxes are being squandered on shrimp farms in Bangladesh, poetry workshops in Colombian jails and gender lectures in ...

Some UK government departments are bracing for budget cuts of as much as 11% as Prime Minister Keir Starmer comes under mounting pressure to plow more money into defense.