Morrisons has become the latest UK supermarket giant to announce a major round of job cuts in the wake of the government’s ...

The US budget deficit widened to a new record in the October to December period, according to Treasury Department data released Tuesday, as spending grew while tax revenue slipped.

Her October budget pledged to significantly slow spending ahead of the next election, and since then Reeves’ room for maneuver has been slashed by a sharp rise in borrowing costs.

While 2024 was a record revenue year, it was also a record spending year; spending is growing faster. Read more here.

A report by the University of Strathclyde’s Fraser of Allander Institute predicts the economy will grow at a much higher rate ...

Furthermore, the marginally improved outlook for 2025 pales against the extra 0.5 percentage point boost to growth that the UK’s Office for Budget Responsibility said Reeves’ October budget ...

Accountancy body warns steep decline was driven by unprecedented concerns over the impact of the tax burden and weaker ...