Category: Public finance

Creaking public services are costing companies in absent staff, employers tell TUC

Union group urges chancellor to better fund health, social care and childcare to get staff back to work and boost productivityUK businesses are losing staff working time because of waits for healthcare or caring duties due to...

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Reeves: ‘My budget will match greatest economic moments in Labour history’

The chancellor says she will invest to reverse Tory decline, but stands accused of breaking party manifesto promises Labour will launch a new era of public and private investment in hospitals, schools, transport and energy as...

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Labour warned £22bn shortfall will last years without higher taxes or cuts

Resolution Foundation says overspend chancellor claims she inherited will persist unless tough choices are madeReeves spends first 100 days in power trying to ride two horsesLabour weighs £3bn tax rise on gambling...

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Labour considers up to £3bn tax raid on gambling firms

Treasury weighing proposals as chancellor attempts to plug £22bn hole in public financesThe gambler who turned tables on bookies and lobbies for UK tax riseRachel Reeves spends first 100 days in power trying to ride two...

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Labour needs £25bn a year in tax rises to rebuild public services, warns IFS

Thinktank says tax increases in budget will be necessary even if Rachel Reeves changes fiscal rulesWill Rachel Reeves’s rules on debt and spending survive the budget?Keir Starmer’s promise to end austerity and...

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Rising cost of social services in England putting arts and youth services at risk, say councils

Some councils are already spending up to 80% of their budget on social care and say costs are rising and increasingly unsustainableThe spiralling cost of social services is eating into the budgets of England’s largest...

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