Here’s what to look out for in Philip Hammond’s Budget this week – and how to tell if the Government is serious or not
7 years, 4 months ago

Here’s what to look out for in Philip Hammond’s Budget this week – and how to tell if the Government is serious or not

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy At 12.30pm on Wednesday Philip Hammond will step up to the House of Commons despatch box and deliver the UK’s first Autumn Budget. Public sector pay The Conservatives’ 1 per cent cap on public sector pay has already been lifted for prison officers and police. Young people Labour enjoys a huge polling lead among the under-40s, largely thanks to Jeremy Corbyn’s striking promise to abolish tuition fees and ambition to “deal with” their debt burden. In the March Budget public sector net investment was pencilled in to creep up from around 2 per cent today to 2.3 per cent in 2021-2022.

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Parliament Budget Session Day 9 LIVE: Finance Minister Nirmala Sitharaman replies to Budget discussion in Rajya Sabha
1 month, 1 week ago

Parliament Budget Session Day 9 LIVE: Finance Minister Nirmala Sitharaman replies to Budget discussion in Rajya Sabha

The Hindu  

February 13, 2025 16:35 Recurring themes of transparency, co-operative federalism since 2020-21: Finance Minister Nirmala Sitharaman Finance Minister Nirmala Sitharaman mentions features of budget-making in the past 4-5 years which “speak for themselves.” She notes that during the pandemic years, the government’s attempt resulted in India becoming “fragile five,” while after Covid, with targeted support to those who needed help, …

Reeves warns ministers of cuts as ‘every pound’ of government spending to face review
3 months, 2 weeks ago

Reeves warns ministers of cuts as ‘every pound’ of government spending to face review

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Cabinet ministers have been warned they must find more savings in …

Rachel Reeves warns ministers of cuts as ‘every pound’ of government spending to face review
Trending News
3 months, 2 weeks ago

Rachel Reeves warns ministers of cuts as ‘every pound’ of government spending to face review

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Rachel Reeves has warned cabinet ministers that “every pound” of government …

Robison outlines Scottish Budget with vow it ‘offers hope for future’
3 months, 3 weeks ago

Robison outlines Scottish Budget with vow it ‘offers hope for future’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Holyrood’s Finance Secretary has said …

Budget will set Scotland up to ‘win big’ in future, says Robison
3 months, 3 weeks ago

Budget will set Scotland up to ‘win big’ in future, says Robison

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy This week’s Scottish Budget will set the country up to …

ONS figures reveal surge in borrowing: does this mean taxes will have to rise again?
4 months ago

ONS figures reveal surge in borrowing: does this mean taxes will have to rise again?

The Independent  

The latest public sector borrowing figures are enough to have anyone inside 11 Downing Street heading for the drinks cabinet. The total came to £17.4bn in October; that’s £1.6bn more than this time last year, £5bn higher than City forecasts, and the second highest October number since monthly records began in January 1993. The government also spent £9.1bn on interest …

Spike in UK Borrowing Costs Wipes Out Reeves’ Fiscal Headroom
4 months, 3 weeks ago

Spike in UK Borrowing Costs Wipes Out Reeves’ Fiscal Headroom

Live Mint  

The increase in UK borrowing costs since last week’s budget has wiped out all of Chancellor of the Exchequer Rachel Reeves’ headroom against her main fiscal rule, raising the prospect of further tax rises or spending cuts unless the debt picture changes. Tom Josephs, a senior member of the UK’s fiscal watchdog, told lawmakers Tuesday that a 0.3 percentage point …

Government borrowing costs rise further after Budget
4 months, 3 weeks ago

Government borrowing costs rise further after Budget

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Government borrowing costs leapt higher …

Spending plans mean £9 billion of cuts after next year, economists warn
4 months, 3 weeks ago

Spending plans mean £9 billion of cuts after next year, economists warn

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. I am willing to bet a substantial sum that …

Leaderless Tories can’t comment on biggest Budget for three decades
4 months, 3 weeks ago

Leaderless Tories can’t comment on biggest Budget for three decades

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. The contest will draw to a close on Saturday, with …

A strong performance, chancellor – but you can’t afford another Budget like this
4 months, 3 weeks ago

A strong performance, chancellor – but you can’t afford another Budget like this

The Independent  

Rachel Reeves played a very difficult hand as well as anyone could, in the circumstances. The title of her first Budget – “Fixing the foundations to deliver change” – was a bit clunky, and even raised the eyebrows of some Labour advisers when they first saw it. Rachel Reeves before delivering her ‘Budget for change’ But crucially, this was not …

Budget ‘most honest’ in years, Cabinet minister claims
4 months, 3 weeks ago

Budget ‘most honest’ in years, Cabinet minister claims

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Chancellor of the Duchy of Lancaster Pat McFadden said …

Public sector pay rises hand Reeves a £6.7bn headache ahead of Budget
5 months ago

Public sector pay rises hand Reeves a £6.7bn headache ahead of Budget

The Independent  

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How Britain became addicted to spending
5 months ago

How Britain became addicted to spending

The Telegraph  

Following the Government’s frequent warnings about the dire state of public finances, as well as the “worst economic inheritance since the Second World War”, households are fully primed for a series of tax raids in next week’s Budget. However, despite the Chancellor’s drastic need for cash, what might surprise voters is that tax revenues flowing into the Treasury are already …

Public sector pay rises fuel surge in borrowing ahead of Budget
5 months ago

Public sector pay rises fuel surge in borrowing ahead of Budget

The Telegraph  

Public sector pay rises have helped fuel a surge in Treasury borrowing as Rachel Reeves scrambles to fill a £40bn black hole in public finances. Public sector net borrowing excluding banks stood at £79.6bn in the six months to September, which was £1.2bn more than at the same point last year, according to the Office for National Statistics. In September …

Borrowing surges to higher than forecast £3.1bn in July in blow to Rachel Reeves
7 months ago

Borrowing surges to higher than forecast £3.1bn in July in blow to Rachel Reeves

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image in gallery Rachel Reeves is planning to raise taxes and cut spending in …

Tough choices ahead but we will not let public services crumble, says Robison
7 months, 1 week ago

Tough choices ahead but we will not let public services crumble, says Robison

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Scottish Government will make …

Public sector pay rises could cost up to £10 billion, economist warns
8 months ago

Public sector pay rises could cost up to £10 billion, economist warns

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Government could need up …

UK Government borrows higher-than-expected £8.4bn in February
1 year ago

UK Government borrows higher-than-expected £8.4bn in February

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The Office for National Statistics said public sector net …

Budget will reflect ‘economic better times coming up’, minister insists
1 year ago

Budget will reflect ‘economic better times coming up’, minister insists

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A minister has insisted the …

Everything we learnt about Jeremy Hunt’s ‘prudent’ budget from Sunday interviews
1 year ago

Everything we learnt about Jeremy Hunt’s ‘prudent’ budget from Sunday interviews

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Talking to Sky News’ Sunday Morning with Trevor Phillips, Mr …

Jeremy Hunt looks at policing budget cuts
1 year, 1 month ago

Jeremy Hunt looks at policing budget cuts

The Telegraph  

Jeremy Hunt is looking at scaling back public spending in next month’s Budget in a move that could shrink budgets for policing, border officials and prison staff by a fifth. The Chancellor is considering reducing the amount spent each year on public services after the next election from a one per cent rise in real terms to a 0.75 per …

Michael Gove gives £1.9bn of housing cash back to Treasury as ‘nothing to spend the money on’
1 year, 8 months ago

Michael Gove gives £1.9bn of housing cash back to Treasury as ‘nothing to spend the money on’

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Local government expert Jack Shaw, who uncovered the figures through a freedom of information request, …

Sunak insists he will take responsible approach to public pay deals
1 year, 8 months ago

Sunak insists he will take responsible approach to public pay deals

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. He said he wanted to be “responsible” with public finances but warned that “is …

Chancellor faces calls for bigger public sector pay after January budget surplus
2 years, 1 month ago

Chancellor faces calls for bigger public sector pay after January budget surplus

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Chancellor Jeremy Hunt is facing …

Budget overstated public spending increases, says think tank
2 years, 3 months ago

Budget overstated public spending increases, says think tank

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Deputy First Minister John Swinney laid out the draft budget on Thursday, pledging a …

John Swinney warns of ‘severe’ impact on Scotland of UK spending cuts
2 years, 4 months ago

John Swinney warns of ‘severe’ impact on Scotland of UK spending cuts

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Cuts to public spending by Westminster could have “severe knock-on …

Sunak warned public spending freeze would return services to 2010s austerity
2 years, 4 months ago

Sunak warned public spending freeze would return services to 2010s austerity

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Many public services would be stripped back to levels seen …

Treasury minister claims mini-Budget has boosted pound – as it hits 37-year low
2 years, 6 months ago

Treasury minister claims mini-Budget has boosted pound – as it hits 37-year low

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Sterling dropped almost two cents against the dollar and fell against the euro – while …

David Cameron’s legacy project has budget slashed after Independent expose
3 years, 1 month ago

David Cameron’s legacy project has budget slashed after Independent expose

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. It follows an investigation in The Independent that found the scheme had consistently failed …

Budget 2021: Everything we know so far
3 years, 4 months ago

Budget 2021: Everything we know so far

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The small print: However, business minister Paul Scully avoided …

Budget 2021: What has already been announced?
3 years, 4 months ago

Budget 2021: What has already been announced?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image in gallery There will be funding for …

Austerity to continue for many public services as Budget makes further £4bn of cuts
4 years ago

Austerity to continue for many public services as Budget makes further £4bn of cuts

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

Rishi Sunak announces £55bn extra public funding next year for Covid response
4 years, 4 months ago

Rishi Sunak announces £55bn extra public funding next year for Covid response

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK government has spent £280bn on its response to the …

The public sector pay squeeze means that austerity is back – but it’s different this time
4 years, 4 months ago

The public sector pay squeeze means that austerity is back – but it’s different this time

The Independent  

Rishi Sunak, the chancellor, will be announcing the spending review next week – all that is left of an autumn Budget statement that has been shredded by one emergency fiscal event after another since the March Budget, which came on the day the country started to shut down because of coronavirus. One was the prime minister’s speech on Thursday setting …

Government’s NHS funding pledge ‘less generous than first appears’
5 years, 1 month ago

Government’s NHS funding pledge ‘less generous than first appears’

The Independent  

Sign up for our free Health Check email to receive exclusive analysis on the week in health Get our free Health Check email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Ms Charlesworth explained: “The funding bill will enshrine in …

Budget 2018 - LIVE: Hammond announces end to PFI and ploughs extra £1bn into troubled universal credit
6 years, 4 months ago

Budget 2018 - LIVE: Hammond announces end to PFI and ploughs extra £1bn into troubled universal credit

The Independent  

✕ Close Budget 2018: Philip Hammond says 'era of austerity is finally coming to an end' Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The …

Budget 2018: What can we expect from chancellor Philip Hammond’s budget?
6 years, 4 months ago

Budget 2018: What can we expect from chancellor Philip Hammond’s budget?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Fuel duty Another announcement that will be welcomed by …

Genuine ‘end to austerity’ requires minimum of £19bn extra public spending, warns Institute for Fiscal Studies
6 years, 5 months ago

Genuine ‘end to austerity’ requires minimum of £19bn extra public spending, warns Institute for Fiscal Studies

The Independent  

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Public spending cuts have gone too far – and the Conservatives know it
6 years, 5 months ago

Public spending cuts have gone too far – and the Conservatives know it

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. And the prime minister has done …

A good news budget? Most don't believe they'll have more to spend next year
6 years, 6 months ago

A good news budget? Most don't believe they'll have more to spend next year

Dutch News  

The third Mark Rutte-led Dutch government will publish its first budget on Tuesday, after the outgoing coalition brought out a holding budget last year. Despite leaked assurances that nearly everyone will have more to spend next year, over three-quarters of the population simply don’t believe it, according to a new poll by current affairs programme EenVandaag. ‘The increase in value …

A good news budget? Most don't believe they'll have more to spend next year
6 years, 6 months ago

A good news budget? Most don't believe they'll have more to spend next year

Dutch News  

The third Mark Rutte-led Dutch government will publish its first budget on Tuesday, after the outgoing coalition brought out a holding budget last year. Despite leaked assurances that nearly everyone will have more to spend next year, over three-quarters of the population simply don’t believe it, according to a new poll by current affairs programme EenVandaag. ‘The increase in value …

Philip Hammond’s plans to bring the Budget forward could actually be good for the economy
6 years, 6 months ago

Philip Hammond’s plans to bring the Budget forward could actually be good for the economy

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. The reason, apparently, …

UK deficit falls by more than expected in April, opening way for Budget spending increases
6 years, 10 months ago

UK deficit falls by more than expected in April, opening way for Budget spending increases

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy UK government borrowing was smaller …

UK public finances show first current budget surplus in sixteen years, reports ONS
6 years, 11 months ago

UK public finances show first current budget surplus in sixteen years, reports ONS

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK’s public finances have …

Budget 2017 live - key points: Tories pivot to public spending in bid to keep out Corbyn
7 years, 4 months ago

Budget 2017 live - key points: Tories pivot to public spending in bid to keep out Corbyn

The Independent  

✕ Close Budget 2017: Chancellor abolishes Stamp Duty Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. It comes after the UK’s finances unexpectedly …

Budget 2017: Chancellor Philip Hammond rejects NHS chief's plea for emergency £4bn injection
7 years, 4 months ago

Budget 2017: Chancellor Philip Hammond rejects NHS chief's plea for emergency £4bn injection

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Chancellor has rejected an NHS chief’s plea for an emergency …

Budget 2017: Tories to address anger over inequality after seven years of austerity and cuts
7 years, 4 months ago

Budget 2017: Tories to address anger over inequality after seven years of austerity and cuts

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. While still promising …

May says Budget will make Britain 'fit for the future'
7 years, 4 months ago

May says Budget will make Britain 'fit for the future'

Daily Mail  

Theresa May insisted Philip Hammond's Budget will make Britain 'fit for the future' today - after Cabinet gathered to discuss the package. Philip Hammond briefed the Cabinet this morning on the contents of his Budget package The Prime Minister tweeted a message along with the picture today to say the Chancellor would set out how government is 'building a Britain …

Hammond suffers pre-Budget headache after borrowing rise
7 years, 4 months ago

Hammond suffers pre-Budget headache after borrowing rise

Daily Mail  

Philip Hammond is poring over the final details of his Budget tonight as he prepares to deliver his 'make or break' spending plans tomorrow. The Chancellor is under a lot of pressure to come up with a gaffe-free Budget if he wants to hang on to his job at the Treasury The Chancellor has already announced plans to build 300,000 …

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