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Keir Starmer, spending cuts

BBC on MSN · 21h

Ministers complain to Starmer over spending cuts

Cabinet ministers have written to the Treasury to complain about departmental cuts being proposed ahead of this month's Budget and spending review. Whitehall sources have suggested that the government is facing a £40bn gap in funding public services that would have to be filled by tax rises.

Bloomberg L.P. · 1d

UK Ministers Protest Spending Cuts in Formal Letters to Starmer

Senior UK ministers have written to Prime Minister Keir Starmer expressing their alarm at the scale of spending cuts that their departments face in the country’s Oct. 30 budget, people familiar with the matter said.

The Independent on MSN · 15h

Keir Starmer facing cabinet revolt over Budget spending cuts of up to 20%

Sir Keir Starmer is facing a cabinet backlash over “huge” cuts to departmental spending to be unveiled in Rachel Reeves ’ Budget. The prime minister has received letters from senior ministers raising concerns about the spending cuts after a number spoke out against the measures at Tuesday’s cabinet meeting.

The Financial Times · 1d

Starmer and Reeves face down cabinet revolt over spending cuts

Prime Minister Sir Keir Starmer on Wednesday joined forces with chancellor Rachel Reeves to face down a cabinet revolt over plans for “grim” curbs to public spending next year. Reeves has faced resistance from a number of ministers over her plan to rein in public spending in 2025-26,

Reeves eyes up to £40bn in tax rises and spending cuts

The Independent on MSN · 1d

Budget 2024 – latest: Inflation falls to lowest rate in three years, Reeves ‘eyes £40bn’ in cuts and spending

The tax rate is 40 per cent, but it’s only charged on the part of the estate that’s above the threshold. In 2023/24, only 5 per cent of deaths generated an inheritance tax bill, raising around £7 billion.

Reeves eyeing £40bn in tax rises and spending cuts

Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.

GB News on MSN · 1d

Rachel Reeves plots 'unprecedented' £40bn tax rises as Budget looms

Chancellor Rachel Reeves is looking into implementing up to £40billion in tax rises and spending cuts in the upcoming Budget, as the Government aims to avoid a return to austerity. The Treasury has identified a larger funding gap than previously reported,

13h

Solid U.S. Spending Points To Cautious Cuts

Consumers may be feeling less confident on the economic outlook amidst job worries, but for now, are happy to continue ...

20hon MSN

Exclusive: Cabinet Civil War Erupts Over Chancellor's Demand For Spending Cuts

A cabinet civil war has erupted after senior ministers wrote to Keir Starmer to complain about spending cuts they are being ...

15h

Politics latest: No 10 issues warning amid reports of cabinet splits over spending cuts

Number 10 has warned government departments won't be able "to do everything they want to" amid reports of cabinet splits over ...

Committee for a Responsible Federal Budget8h

Did Trump Propose Deep Medicare Cuts?

In a recent report, “The Trump-Vance ‘Concept’ on,” Vice President Kamala Harris’s presidential campaign claims that former ...

9hon MSN

Strong spending data shows economy can grow without rate cuts: Point72's Dean Maki

Dean Maki, Point72 Asset Management chief economist, and CNBC's Steve Liesman join 'The Exchange to discuss new economic data ...

15hon MSN

No 10 warns of ‘tough decisions’ on spending, as Reeves submits Budget plans to watchdog

The Chancellor and Prime Minister have submitted the “major measures” of the upcoming Budget for scrutiny by the Office for ...

17h

North Ayrshire union boss urges politicians to stop rowing about spending cuts

Councillors in North Ayrshire need to stop rowing about spending cuts and start halting them, according to a leading trade ...

7d

Main spending cuts and tax increases in France's 2025 budget

France's government presented on Thursday its 2025 budget aimed at plugging a gaping hole in the public finances with 60 ...

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