British finance minister Rachel Reeves is eyeing tax rises and spending cuts to a value of around 40 billion pounds ($52 ...

Chancellor of the Exchequer Rachel Reeves faces growing Cabinet disquiet over the scale of spending cuts she wants to help ...

Fuel duty would be an easy target for increases in the budget.

Britain's borrowing costs have risen before the new government's first budget, which could open the door to a big rise in ...

The chancellor has emphasised the need to fill the apparent £22bn hole in the nation's finances. Sky News takes a look at ...

Sir Keir Starmer, prime minister, on Wednesday joined forces with chancellor Rachel Reeves to face down a cabinet ... the ...

Ms Reeves has previously said the Conservatives left the new government with a £22bn shortfall, requiring "tough decisions" ...

Rachel Reeves was accused of inventing a “bogus” £40 billion blackhole to justify hammering taxpayers in her first budget.

Inflation falls to lowest rate in three years, Reeves ‘eyes £40bn’ in cuts and spending - Value of pound has fallen after ...

As the FT’s chancellor game shows, the new ‘golden rule’ is her binding constraint. Meeting it could bolster fiscal credibility ...

Chancellor’s ‘extraordinary’ plan to raise double her alleged £20bn black hole will dwarf tax rises imposed in wake of 2010 ...

The rate of Consumer Prices Index inflation decreased to 1.7% in September from 2.2% in August, marking the first time it has fallen below the 2% target for over three years.