Recriminations fly after Reeves’s claim of £22bn black hole
Treasury acknowledges announcements will only go part of the way towards clamping down on 2024-25 overspend
Growth measures should not be sacrificed to plug ‘black hole’ in public finances
Rachel Reeves is preparing to unveil the result of an audit of UK public spending, paving the way for tax rises
Chancellor will outline results of an audit of finances likely to pave way for tax rises this year
Labour’s election pledges mean wealthy are likely to be hit
Rachel Reeves to give statement on Labour’s ‘spending inheritance’ as new government grapples with early crises
UK chancellor says ‘there is a cost to not settling’ even as Treasury grapples with straitened finances
Figures highlight challenges for new Labour government of funding its economic agenda
The coming fiscal statement will set an economic baseline for the new government
UK’s new Labour chancellor has instructed Treasury to examine state spending under the Conservatives
New UK chancellor will try to boost output and avoid imposing drastic cuts on frayed public services
Claims that higher growth will boost revenues and bolster public finances are called into question
Limited election pledges a ‘downpayment’ for future investment, says Labour leader
Former chancellor says it could be ‘one big throw of the tax dice’ before the UK general election
Shadow chancellor also indicates speedy post-election Budget not on the agenda
Fund says real departmental spending growth may rise at double the pace seen in official projections
Data for March and full fiscal year will be disappointment for Jeremy Hunt
£8.4bn in net borrowing highlights fragility of public finances ahead of general election
State intervention in everything from childcare to small-town soccer clubs will help the opposition argue for even more
Jeremy Hunt’s new regime is a clear improvement — but the saga distracts from bigger public finance challenges
The UK’s spending rules and procedures are not working
The chancellor’s fiscal straitjacket meant there were few measures in the Budget likely to help an investment-starved economy
Fiscal watchdog’s forecasts at odds with Hunt’s assertion that his plans would secure ‘not just higher GDP but higher GDP per head’
