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UK government spending

  • Wednesday, 9 October, 2024
    ExplainerUK Autumn Budget 2024
    Why Reeves is ‘walking a tightrope’ ahead of the Budget

    UK chancellor will submit proposals to independent watchdog on Wednesday

    Montage shows Rachel Reeves against a backdrop of pound notes in Labour red
  • Tuesday, 8 October, 2024
    High Speed Two Ltd
    HS2 rail link will run into central London, says minister

    Louise Haigh says ‘it would never have made sense’ for controversial project to end in London suburbs

    Workers walk beside an HS2 high-speed rail construction site at Euston
  • Friday, 4 October, 2024
    Rachel Reeves vows to ‘invest, invest, invest’

    FT exclusive: Chancellor seeks to reassure investors that ‘guardrails’ will be placed around extra borrowing for investment

    Rachel Reeves meets workers during a visit to the Encirc Glass factory in Chester
  • Thursday, 3 October, 2024
    Reeves raises hopes of investment surge as she attacks Tory plans

    UK chancellor vows to avoid Jeremy Hunt’s ‘mistakes’ and stokes optimism that spending could surpass manifesto

    Britain’s chancellor Rachel Reeves
  • Friday, 27 September, 2024
    UK public finances
    UK confronts massive funding gap to tackle crumbling infrastructure

    Rachel Reeves is looking at loosening fiscal rules to allow her to increase borrowing to pay for investment

    Chancellor of the Exchequer, Rachel Reeves
  • Friday, 27 September, 2024
    UK public finances
    Gilt investors urge Reeves to keep investment ambitions in check

    Markets on edge ahead of overhaul of fiscal rules that could result in tens of billions of pounds of extra borrowing capacity

  • Friday, 27 September, 2024
    HS2
    HS2 Ltd could fall under direct state control after government review

    Whitehall and industry figures say governance at company responsible for High Speed 2 rail link to be scrutinised

    The  tunnel boring machine before it is lifted into place at the Victoria Road Crossover Box HS2 site, near to Old Oak Common in west London
  • Thursday, 26 September, 2024
    UK schools
    Private schools fill gap for special needs pupils in England

    Annual allocation up 15% as local authorities and education body warn of spiralling costs

    Learning support assistant with a child with special educational needs
  • Wednesday, 25 September, 2024
    UK economy
    UK will increase capital spending in the Budget, Starmer signals

    Prime minister hints he backs changes to Treasury fiscal rules to boost investment

    Sir Keir Starmer speaks in an interview
  • Tuesday, 24 September, 2024
    UK economy
    UK household disposable income fell below pre-pandemic levels in 2023

    ONS figures underline impact of rising prices and higher interest rates on personal finances

    Shoppers holding bags queue at a fruit and vegetable stall in Bexleyheath, London
  • Tuesday, 24 September, 2024
    Inside Politics
    Reeves sets apart Labour’s fiscal approach from the Tories’ and signals more borrowing

    Chancellor reaffirms party pledge to not raise income tax and national insurance

    Rachel Reeves
  • Monday, 23 September, 2024
    UK economy
    What are Rachel Reeves’s options for boosting public investment?

    Chancellor appears to be rethinking government’s fiscal approach to create more room for spending

    FT montage shows UK chancellor Rachel Reeves against photos of a water pipe, a railway line, the NHS logo and a wind turbine
  • Monday, 23 September, 2024
    Reeves paves way for capital spending increase

    Speech at Labour party conference fuels debate over future of chancellor’s borrowing rules

    Rachel Reeves delivers her keynote speech at the Labour party conference in Liverpool.
  • Friday, 20 September, 2024
    UK public finances
    UK economic gloom intensifies as borrowing overshoots

    Public debt hits 100% of GDP in August as chancellor prepares for first Budget

    The HM Treasury building with UK sterling notes in the background
  • Friday, 20 September, 2024
    UK foreign policy
    Lammy seeks emergency boost to aid cash to offset cost of migrant hotels

    Foreign secretary fears domestic drain on development funding will hinder efforts to project UK on global stage

  • Wednesday, 18 September, 2024
    UK welfare reform
    UK’s health-related benefits bill rose to £48bn in 2023-24, research finds

    Such welfare spending has increased faster in Britain than in comparable nations, IFS says

    Mobility scooters in Preston, Lancashire
  • Wednesday, 18 September, 2024
    Reeves orders crackdown on government use of consultants

    Chancellor seeks to save £1bn on external contracts as part of spending review ahead of UK Budget

    Whitehall street sign
  • Tuesday, 17 September, 2024
    Jeremy Hunt
    Rachel Reeves must show that she’s serious about boosting growth

    The UK chancellor should take some hard decisions on employment, productivity and investment

    UK chancellor Rachel Reeves
  • Saturday, 14 September, 2024
    UK infrastructure
    Delayed Transpennine rail upgrade reviewed again ahead of Budget

    Electrification of Manchester-Leeds route being studied for potential cost savings

    A TransPennine Express train
  • Thursday, 12 September, 2024
    UK public finances
    UK government finances are on an ‘unsustainable’ path, watchdog warns

    Demographic pressures and the costs of climate change will weigh on the public finances, says OBR

    An elderly woman holding pound coins
  • Thursday, 12 September, 2024
    ExplainerNational Health Service
    ‘Dire’ NHS report shows scale of Starmer’s turnaround challenge

    Crisis gripping health service in England is ‘laid bare’ in damning review by Lord Darzi

    Montage shows an NHS medic protesting against cuts in front of backdrops of anti-austerity banners, an image of the coronavirus, small change and a frail elderly person
  • Wednesday, 11 September, 2024
    UK infrastructure
    UK data centres to be designated critical infrastructure

    Facilities to be given greater cyber protection in effort to minimise potential effect of adverse events or attacks

    Data centre with servers
  • Wednesday, 11 September, 2024
    UK Treasury refuses to disclose key details of £22bn fiscal ‘black hole’

    Freedom of information request by FT seeking breakdown of government overspend is declined

    Chancellor Rachel Reeves
  • Wednesday, 11 September, 2024
    Labour party UK
    Starmer’s win on winter fuel cut may prove temporary reprieve

    Prime minister managed to limit Labour MP revolt over trimming winter fuel allowance but hurdles lie ahead

    Montage shows prime minister Sir Keir Starmer with a Labour red backdrop and silhouette of parliament
  • Sunday, 8 September, 2024
    UK local government finance
    UK councils face £4.3bn ‘black hole’ in financing next year, data shows

    Unison warns funding shortfalls could lead to ‘widespread collapse of local government’ across country

    Nottingham, Council House and Nottingham Express Transit
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