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Former PM set to give speech defending her time in charge and explaining spending decisionsLiz Truss will claim that Rishi Sunak’s government has spent £35bn more than she would have as prime minister, in a speech on Monday.The short-lived prime minist…
No extra money for childcare revolution as policies on areas from green economy to immigration are set outLabour has put “stable public finances and prudent spending” at the heart of its offer for the 2024 manifesto, pledging iron discipline on how new…
New Lib Dem leadership in Surrey Heath attacks previous Conservative regime for racking up debts worth £165mMichael Gove’s local council is warning that it faces effective bankruptcy within two years after racking up millions of pounds in debt for fail…
Former PM says Starmer could face an even gloomier economic situation than he inherited from John MajorKeir Starmer’s Labour must accept it will not be able to tax and spend its way out of financial trouble, Tony Blair has warned.The party’s former lea…
Government insiders believe they can justify ‘tweaking’ formula that decides pension increase in order to save £1bnTreasury officials are discussing a one-off break from the pensions triple lock that could save £1bn by preventing a bumper 8.5% increase…
Resolution Foundation predicts average Britons will be 4% poorer but better-off pensioners will be ‘big winners’UK workers’ living standards will flatline next year, leaving them on track to be 4% worse off heading into the next election than they were…
Shadow chancellor also confirms Starmer leadership pledge to increase 45p top rate is off the tableRachel Reeves has gone further than before in explicitly ruling out Labour imposing a wealth tax if it wins the next election, as the party doubles down …
Price of more than 30 different kinds of period underwear to be lowered at stores from next week John Lewis and Waitrose are cutting the price of their period underwear by a fifth, becoming the latest retailer to join the effort to make reusable period…
She made the comment in response to repeated claims she is neglecting her duty as an MPRishi Sunak is expected to carry out a reshuffle this year. At one point No 10 was keeping open the option of holding it straight after the Uxbridge, Selby and Somer…
Thinktank says increasing capital gains tax rates to same as employment tax would raise £10bn extraA graduate earning £35,000 a year pays almost double the average tax of someone with same income from rent on property, according to a study of inequalit…