The Latest Breaking News from Liz Truss

Chief Secretary to the Treasury Darren said on borrowing the Government does not ‘think that we are pushing it to the limit’

David Goldstone to advise chancellor and chief secretary to the Treasury on ways to cut public spending

Labour’s first budget in 14 years appears to have avoided the Halloween nightmares that many predicted. Yes, the overall tax burden is at its highest level since 1948, but this budget’s tax and spend distribution is such that it spreads both the pain and the benefit. Most of the pain…

Voting has closed in contest to lead Britain’s Conservative Party after its crushing election defeat

Markets conclude higher level of public spending could lead to higher inflation, making cuts in Bank of England rate less likely

The Conservative shadow chancellor opened a Commons Budget debate on Thursday.

Rachel Reeves has hit back at criticism of her Budget after the chancellor received backing from the International Monetary

Institute for Fiscal Studies says increasing borrowing to fund investment ‘right thing to do’

The general recent trend for mortgage rates has been downward following the highs experienced two years ago in the wake of former prime minister Liz Truss’s disastrous mini-Budget

Tory former chancellor Jeremy Hunt has written to the UK’s top civil servant about an Office for Budget Responsibility review of his spending plans.

Department’s finances were slashed during austerity and campaigners say more cuts will stall progress to meet nature and climate targets