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Keir Starmer, spending cuts

BBC on MSN · 19h

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 · 13h

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,

10h

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 ...

7hon 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 ...

13h

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 ...

1hon MSN

Rachel Reeves planning £3bn welfare cuts in Budget

Rachel Reeves will seek to make around £3 billion of cuts to welfare over the next four years by restricting access to ...

3d

BOK Rhee Says Rate Cuts No Panacea to Lift Spending After Pivot

Bank of Korea Governor Rhee Chang-yong dismissed the idea of faster interest rate cuts to boost consumption, reiterating his ...

1don MSN

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 ...

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 ...

1d

Rachel Reeves 'rolling pitch for big tax rises' in Budget with £40billion plan briefing, says top economist

He believes part of the £40billion will be smaller rises in spending in some parts of the public sector. But this would still ...

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