The Latest Breaking News on Report warns Scotland could face £10bn budget shortfall in 50 years

East Renfrewshire Council will spread the cost of PFI payments, such as for schools, over 50 years rather than 25, a move which the council leader said was 'very sensible'.

Chancellor mulls new measures to boost investment and repel fear over UK’s faltering status as a global business hub

City comment: If the Chancellor’s exciting new plan costs or saves less than £25 billion, it is a waste of time.

City comment: If the Chancellor’s exciting new plan costs or saves less than £25 billion, it is a waste of time.

Rachel Reeves said the UK is the ‘only G7 economy that’s still smaller than it was before the pandemic’

Rachel Reeves said the UK is the ‘only G7 economy that’s still smaller than it was before the pandemic’.

Families are ‘sick to the back teeth of being ripped off by the Tory government’, SNP Westminster leader Stephen Flynn has said.

LONDON — British Prime Minister Rishi Sunak wants to use his deal with the European Union on Northern Ireland to cement a reputation for competence and delivery. Several members of his Cabinet are instead hoping it will mark a return to traditional Tory tax cutting.

A number of alterations were made to the final budget.