Chancellor signals first budget will be painful mix of spending cuts, tax rises and higher borrowing

IFS reacts as Starmer warns of 'painful' autumn Budget

Director of the Institute for Fiscal Studies Paul Johnson said neither party was being honest in the election about raising taxes after Keir Starmer warned autumn's Budget would be "painful." "They've..

Chancellor welcomes interest rates cut

The Bank of England has cut interest rates to 5% at its August Monetary Policy Committee meeting, the first reduction of the UK’s base rate in four years. Responding to the cut, Chancellor of the..

Breaking down Trump's 'tariffs-for-tax cuts' plan

Biden administration, Trump campaign, Harris vice presidency, Congressional elections, Senate races, House of Representatives, Supreme Court decisions, Presidential debates, Campaign fundraising,..