News

Chancellor defends way Wales is funded by UK government
The chancellor has defended the way the UK government funds Wales despite calls within her own party for changes. Welsh ...
Dire economic crosswinds mean Rachel Reeves must raise income tax
Editorial: Despite interest rates being brought to their lowest level in more than two years, a combination of meagre ...
Rachel Reeves opens door to gambling tax hike after Gordon Brown poverty demand
Ex-PM Gordon Brown says a hike in tax on the 'massively undertaxed profit' of the gambling industry could raise enough cash ...
Rachel Reeves should exempt defence pledge from budget rules, says Gordon Brown
Gordon Brown has said Chancellor Rachel Reeves should exempt the Government’s defence spending pledge from her borrowing ...
Rachel Reeves threatens pensions by using employee savings for 'government agendas'
Rachel Reeves is set to damage confidence in the private pensions system with new laws giving her the power to decide how ...
Rachel Reeves thinks tax hikes can plug her black hole – but they’re only blowing it wider
Take capital gains tax. After her CGT hike in October’s Budget, receipts have fallen, not risen. In the first six months of ...
Reeves faces US$68bil budget shortfall, says UK think tank
UK Chancellor of the Exchequer Rachel Reeves is facing a £51bil (US$68bil) shortfall to fill at the autumn budget, according ...
Chancellor Rachel Reeves 'determined' to get new train stations open in Wales as 'quickly as possible'
Rachel Reeves has said she is determined to get new railway stations open in Wales as "quickly as possible". The chancellor ...
Rachel Reeves skewered by furious GB News star after £50bn black hole bombshell
Rachel Reeves could be forced to break a major Labour manifesto promise to avoid economic collapse, which could see the end ...
Voices: Rachel Reeves won’t thank Gordon Brown for his tax advice
Rachel Reeves won’t thank Gordon Brown for his tax advice - COMMENT: By advocating an increase in online gambling levies – ...
Rachel Reeves is celebrating the Bank of England's interest cut – but behind the scenes she has little to cheer
The Bank of England has cut the interest rate to 4% in its fifth reduction so far this year. On the other hand, though, the ...
Opinion
Rachel Reeves abandoned as BoE ducks big rate decision – now she’s doomed
Yes, inflation is still stubborn at 3.6%. The Bank is right to be cautious about that. The last two years of spiralling prices wrecked household finances, shook business confidence and helped boot the ...