Emma HaslettBusiness reporter, BBC NewsEPAThe UK economy is forecast to grow slightly more than previously expected in 2025, but the International Monetary Fund (IMF) has warned that the Chancellor ...

Lucy Gilder, Jake Horton and the Data Science teamBBC VerifyBBCElon Musk's Department of Government Efficiency (Doge) - set up to cut US government spending - claims to have saved, ...

The Treasury has earmarked several billion pounds in draft spending cuts to welfare and other government departments amid expectations the chancellor's room for manoeuvre has all but been wiped ...

Higher borrowing costs for the government may mean tax rises or spending cuts if it wants to stick to its own self-imposed rules, a leading economic think tank has ...

Getty ImagesRetail sales fell last month as shoppers held back on spending ahead of the Budget, according to official figures.Sales volumes fell by 0.7% in October, the Office for ...

ReutersElon Musk will co-head a new Department of Government EfficiencyThe boss of Tesla and the social media site X, Elon Musk, suggested last month at Donald Trump’s rally in ...

Several cabinet ministers have written to the prime minister and the Treasury two weeks ahead of the Budget, to voice concerns over the scale of cuts their departments may ...

Chancellor Rachel Reeves is looking to make tax rises and spending cuts to the value of £40bn in this month’s Budget, government sources have told the BBC.At a political ...

More than 120 international charities have warned UK aid spending will fall to its lowest level since 2007 unless the government takes urgent actions in next month's Budget.They fear ...

Boeing is making immediate spending cuts and says it may temporarily lay off staff, as it grapples with a strike by more than 30,000 workers in the US.The cuts ...

The sum is more than five times the previous quarterly record, in the 2008 financial crisis. Source link

PA MediaThe deficit is closely linked to North Sea oil and gas revenues Scotland's public spending deficit increased by £3.6bn to £22.7bn last year as oil and gas revenues ...