ONS data shows higher debt interest payments and pay awards for public sector workers pushed figure to £16.6bn

British business confidence sank to a four-month low in October ahead of the first budget plan from the country’s new government, a survey showed on...

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...

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

Britain's Labour government is pledging its first budget will invest and put "more pounds in people's pockets" but it's increasing taxes and borrowing...

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...

The new Labour Party government said it had inherited a challenging financial position and warned of tax increases and spending cuts when it reveals...

Tax increases and spending squeezes are likely to define the Labour Party’s budget tomorrow.

By Yosephine Uliarta Indonesia’s tax-to-GDP ratio has beendeclining for over a decade, standing at 12.1 per cent in 2022 — just above Laos in...

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