Category: Tax and spending

UK reports record-breaking budget surplus of £30.4bn in surprise boost for Rachel Reeves

Largest January total since records began in 1993 is sharp reversal from December’s £11.6bn deficitThe UK government has posted the biggest ever budget surplus, official figures show, after a large boost in...

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Reeves urged to reassure MPs over public finances amid £6bn-a-year Send costs

City analysts say financial market investors will be worried if cost is deducted from budget surplusRachel Reeves is under pressure to reassure MPs over the state of the UK’s public finances, amid concerns that the rising...

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Starmer says he ‘will never walk away’ as Burnham joins Labour figures backing PM – as it happened

This blog is now closed, you can read more on this story hereKemi Badenoch has said that Keir Starmer just received a “stay of execution” yesterday. Speaking to reporters on a visit this morning, she said:[Starmer]...

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‘It’s a hospitality-wide problem‘: night-time traders react to business rates relief plan

Gyms, pharmacies, restaurants and cafes and convenience store owners question why only pubs and live music venues should get help Pubs and live music venues to get support after business rates backlashWaterstones boss defends...

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Reform UK mayoral candidate apologises for Lammy ‘go home’ tweet, saying it was ‘clumsily worded’ – UK politics live

Chris Parry, who is contending for the Hampshire and Solent mayoralty, says his post was intended ‘ironically’Downing Street has defended its decision to single out pubs for special help with the problems created by...

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X response to Grok sexualised images scandal ‘insulting’ to victims of misogyny, says No 10 – UK politics live

Image-creation function has been limited to paying subscribers after Elon Musk’s platform was threatened with fines and regulatory actionDowning Street has defended its decision to single out pubs for special help with the...

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Starmer warned of £28bn defence funding shortfall by head of UK military – UK politics live

Prime minister expected to order fresh overhaul of defence investment plan, already delayed from expected autumn releasePeers are this morning resuming their debate on the assisted dying bill, after last night approving a motion...

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