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Ahead of next week’s statement, the chancellor is to announcing transport investments outside LondonRachel Reeves unveils £15bn for trams, trains and buses outside LondonRachel Reeves’s spring statement in March ended up being defined by deep cuts to d…
Reserve Bank vetoed a 50 basis point cut in cash rate last month, but is willing to take such action if global economy demands it Australia news live: latest politics updatesGet our breaking news email, free app or daily news podcastThe Reserve Bank of…
Exclusive: Report suggests government has overestimated its housebuilding figures and will miss target for EnglandUK politics live – latest updatesRachel Reeves is under renewed pressure to spend billions more on affordable housing, after an industry r…
Government argues investment creates skilled jobs, but others say spending elsewhere would have more impactDefence review to say UK must prepare to fight war in Europe or AtlanticLabour’s push towards increased militarisation, with Keir Starmer already…
Exclusive: Ex-minister to call for wealth tax, and Andy Burnham to demand focus on housing and educationNext month’s spending review must be an “economic reset” based on a bold wealth tax and higher public investment, the former cabinet minister Louise…
Sale ends state ownership of the banking group, then known as Royal Bank of Scotland, after 2008 rescue The UK has sold its final shares in NatWest Group, ending 17 years of state ownership since the £45bn taxpayer bailout that saved the bank from coll…
IMF suggests chancellor could refine fiscal rules, but some fear policing and social housing face spending cutsThe Treasury is in a standoff with some ministers over proposed cuts to public services including policing and social housing, as the Interna…
Fund, which has been in UK assessing economy, upgrades growth forecast this year to 1.2% from 1.1%Business live – latest updatesRachel Reeves should loosen her fiscal rules to prevent the need for emergency spending cuts, the International Monetary Fun…
Charities and experts urge government to honour pledge on energy efficiency as it looks to pay for policy reversalPlans to reinstate the winter fuel payment will be undermined if the government presses ahead with mooted cuts to home insulation upgrades…
Chancellor hopes investment in homes, transport and energy will stave off pressure from MPs and discontent among publicRachel Reeves will put £113bn of new capital investment at the forefront of the spending review and argue that the billions of invest…