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The Latest Breaking News from British Treasury

Iran war casts a pall over UK economic update

With oil prices soaring and stocks tanking, the fast-evolving Iran war has cast a pall over the economic forecasts that British Treasury chief Rachel Reeves is set to unveil later Tuesday

The Independent UK · Mar 3

UK plans to create pension megafunds with aim of unlocking $100 billion for investment

British Treasury chief Rachel Reeves says the government plans to merge dozens of pension funds with the aim of unlocking tens of billions of pounds for investment and boosting the U.K.’s sub-par economic growth

The Independent UK · Nov 15, 2024

UK's First Female Finance Minister Delivers High-Stakes Budget

British Treasury chief Rachel Reeves set to deliver Labour Party's first budget in 15 years, focusing on investments, tax increases, and economic revitaliz...

More spending and tax hikes expected in the first budget from Britain's Labour government

British Treasury chief Rachel Reeves is set to deliver her first budget in Parliament

The Independent UK · Oct 30, 2024

Britain's Treasury chief tries to turn on the economic optimism after months of gloomy talk

British Treasury chief Rachel Reeves has promised not to return to an era of public spending cuts despite the dire state of the U.K.’s national finances

The Independent UK · Sep 23, 2024

Labour Party Pledges No Return To Austerity Measures

British Treasury chief Rachel Reeves pledges no public spending cuts, Labour Party focuses on growth and fiscal challenges at annual conference.

British Treasury Announces Tax Cuts Amid Election Pressure

British Treasury chief Jeremy Hunt plans tax cuts to boost Conservative Party's popularity before general election amidst economic challenges.

Sunak, UK's next PM, gets cheers from unlikely place: India

Rishi Sunak, the former British Treasury chief who won the race to be leader of the Conservative Party and is likely to become the country’s next prime minister, is getting cheers from an unlikely place: India, its former colony

The Independent UK · Oct 24, 2022

Sunak leads in race for UK leader; Johnson yet to declare

Former British Treasury chief Rishi Sunak is frontrunner in the Conservative Party’s race to replace Liz Truss as prime minister

The Independent UK · Oct 23, 2022

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