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Chancellor hopes to raise enough funds to stop damaging speculation about breaching fiscal rulesRachel Reeves v the OBR: chancellor aims to loosen the watchdog’s gripRachel Reeves is aiming to create more “headroom” against her fiscal rules in November…
Sector is sceptical over government licensing proposals given ‘ever-rising costs’ and ‘reduced consumer spend’Plans to make it easier for pubs to open until the small hours will not offset the “toxic” combination of high costs and hard-up drinkers stay…
Departments told to manage their own cost pressures as finance ministry seeks to curb overuse of contingency fundCabinet ministers have been told they will not be able to use the Treasury reserve to fund public sector pay rises and cannot access it unl…
UK ministers preparing to raise payments to end standoff with pharma industry, cited as reason for firms axing British investmentsMinisters are preparing to raise the amount the NHS pays pharmaceutical firms for medicines by up to 25% after weeks of in…
ONS says public borrowing estimates have been out by £200m-£500m a month since JanuaryBusiness live – latest updatesMistakes in recent public finances data mean government borrowing has been overstated by a cumulative £3bn, the Office for National Stat…
The Social Market Foundation thinktank says council tax reform and a property-based tax would be more sustainable and fairerVoting in the Labour deputy leadership election opens today. Lucy Powell, the former Commons leader, is seen as the favourite an…
Kent becomes latest local authority controlled by Nigel Farage’s party to signal intention to raise council taxA Reform UK-run council where the party sought to pilot drastic cost-cutting plans is going to have to raise council tax, a cabinet member ha…
Half of Tory members also want Kemi Badenoch to be replaced as Conservative leader. This live blog is closedMel Stride, the shadow chancellor, was doing an interview round for the Conservatives this morning, and Miatta Fahnbulleh, the faith and communi…
Mel Stride outlines plans to slash £47bn a year from public spending, including £23bn welfare cutUK politics live – latest updatesOverseas nationals denied benefits under a Conservative plan to limit social security to UK citizens would have the option…
Labour colleagues advise chancellor against string of small money-raising measures, as OBR presents forecastSome of Rachel Reeves’s Labour colleagues have urged her to ditch the party’s manifesto promises rather than risk a “pasty tax” budget that rais…