The new UK government announces its spending plans this week in a much-anticipated budget. It must balance two big but apparently competing promises:...

Rachel Reeves's first budget as Britain’s chancellor was monumental in every way except for the one she wanted

The new Labour government in Britain announced significant tax increases and higher borrowing on Wednesday to support Prime Minister Keir Starmer’s...

LONDON (AP) — British Treasury chief Rachel Reeves raised taxes Wednesday by around 40 billion pounds ($52 billion) to plug a hole she claims to...

Big rises in public spending and tax are expected in Labour's first UK budget in 14 years after months of speculation about how much the government...

UK Chancellor Rachel Reeves announced a 40 billion pound tax hike, the largest in 30 years, to address a fiscal shortfall left by the previous...

By David Hughes, PA Political Editor Rachel Reeves announced £40 billion a year in extra taxes as she increased UK government borrowing and spending...

After a budget of big tax increases and borrowing, Britain's finance minister insists her government has more in the cupboard to help rev the UK's...

LONDON (Reuters) - Britain's new finance minister Rachel Reeves announced the biggest tax increases in three decades in her first budget on...

UK new government is raising taxes by more than $50 billion amid a widening budget deficit, While PM Starmer last week allocated 120 million pounds to...