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Treasury

  • UK economy: Disposable income climbs despite recession

    March 28, 2024

    Despite a rise in disposable income, household expenditure actually fell as people replenished their savings accounts and paid down debt.

  • Leasehold reforms set to be walked back after investor lobbying

    March 25, 2024

    Plans to cap ground rents on leasehold properties are set to be walked back after lobbying from pension funds and investors, according to reports.

  • Government borrows more than expected in February, but on track for lowest annual total in four years

    March 21, 2024

    The borrowing figures are the first since Jeremy Hunt's Spring Budget, in which he cut National Insurance by a further 2p.

  • Rachel Reeves: Five things we learnt from the Shadow Chancellor’s Mais Lecture

    March 20, 2024

    Rachel Reeves likely to become the UK’s first female Chancellor, the speech was a key window into her economic thinking.

  • Low-productivity public services need ‘revolution’ to avoid cuts, Hunt says

    March 19, 2024

    Hunt said the "only" way this could be delivered without cuts to public services was if there was a "productivity revolution".

  • Rachel Reeves to promise Treasury reform as Labour party promises ‘new chapter’ for Britain

    March 19, 2024

    Labour’s Rachel Reeves will unveil plans for a “new chapter” for Britain’s economy alongside reform to the Treasury as she delivers the prestigious Mais lecture.

  • Hunt doubles down on ‘long term ambition’ to abolish National Insurance

    March 13, 2024

    Jeremy Hunt today doubled down on his "long term ambition" to abolish employee National Insurance, but economists were doubtful that the measure will ever be implemented.

  • Gilts: Investors aren’t scared of UK’s ballooning deficit – yet

    March 13, 2024

    Surging demand for UK gilts comes even as the Treasury announced plans in the Spring Budget to borrow more than ever from the private sector.

  • UK proposes new laws to crack down on push payment fraud

    March 12, 2024

    New legislation to crack down on push payment scams via banking apps will be brought to parliament, the government has announced today.

  • Fact-checking Jeremy Hunt’s Spring Budget: Who are the real winners and losers?

    March 7, 2024

    "I want to make a start on bringing down taxes. I’ve never said for one moment that I can bring them right down all in one go," the Chancellor told BBC Radio 4’s Today programme.

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