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

Scammers are preying on desperate pensioners hit by Rachel Reeves’s winter fuel raid by luring them into claiming a fake ...

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

Exclusive: In a dramatic intervention, the former governor of the Bank of England tells the chancellor she must be ruthlessly ...

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

Rachel Reeves has been dealt a huge blow after the value of the pound dropped to its lowest level in two months. Official ...

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

Chancellor Rachel Reeves will have to find more than £900m to pay existing retirees next year, with the long-term cost ...

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

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

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.

Labour cabinet members are up in arms over the Chancellor's warning that this year's £22bn black hole will be recurring for the next five years.