The government has asked the Low Pay Commission to consult on scrapping age-based pay bands as part of plans to create a ...

Former Prime Minister Gordon Brown said “exceptional” UK defense spending to counter the threat of Russia should be exempt from the government’s fiscal rules, a move that would free up billions of ...

The U.K. government is loathe to admit it, but economists say it's highly likely that the Treasury will have to hike taxes in ...

News that interest rates are to fall by 0.25 per cent will be welcomed by mortgage holders who have been feeling the pinch ever since Liz Truss and Kwasi Karteng inflicted their mini-budget on the ...

Rachel Reeves' department issues a statement following a surge in public support for state pensioners to get reductions in ...

UK interest rates have been cut by 0.25 percentage points to 4.00%, with concerns over economic weaknesses trumping rising ...

COMMENT: By advocating an increase in online gambling levies – not to help close the yawning fiscal gap, but to pay for the ...

Despite interest rates being brought to their lowest level in more than two years, a combination of meagre economic growth, ...

The Chancellor visited a former colliery site near Port Talbot to highlight the UK Government's recent funding for coal tip ...

Higher labour costs in the food industry and supermarkets have pushed up costs for shoppers, the Bank of England said.

Chancellor Rachel Reeves has refused to rule out putting up gambling taxes, after a thinktank said the move could raise ...

Bank of England cuts interest rates by a quarter point but warns of higher inflation - The reduction is the fifth over the past year and brings borrowing costs down to their lowest since March 2023 ...