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The Latest Breaking News from Finance

Chancellor blew chance to end Energy Profits Levy, say opposition parties

The SNP and Tories accused Rachel Reeves of a missed opportunity to support the North Sea in her spring statement.

Evening Standard

Bipartisan Senate bill promises 'commonsense fixes' to IRS

Senate Finance Committee leaders introduced a bipartisan bill Thursday to overhaul the procedures and administration of the IRS.

Roll Call

ED clears prosecution of ex-FM P. Chidambaram in Aircel-Maxis & INX Media cases

The Enforcement Directorate (ED) has placed prosecution sanction orders against former Union Finance Minister P. Chidambaram before the Special Court under the Prevention of Money Laundering Act (PMLA) at Rouse Avenue, New Delhi, in connection with the Aircel-Maxis and INX Media money laundering cases.

Whats Hot

From analysis to the latest developments in health,
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Robison urges her successor to be ‘bold and ambitious’ as Holyrood backs Budget

The Scottish Budget for 2026-27 was passed by the Scottish Parliament.

Evening Standard

MSPs to back Holyrood Budget that Shona Robison says will ‘make lives better’

The Scottish Government’s Budget for 2026-27 will be approved by MSPs when it faces its final vote at Holyrood on Wednesday.

Evening Standard

Why the Canadian finance minister is taking an interest in the euro

François-Philippe Champagne was the special guest at Monday’s meeting of euro area finance ministers in Brussels – the first time a Canadian representative had been invited to this restricted format, from which non-euro area ministers are normally excluded.

Euronews

MSPs vote to back draft Budget as Lib Dems agree deal with Scottish Government

The Lib Dems confirmed they had struck a deal on social care, hospices and hospitality.

Evening Standard

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Extra £400m to support health and education in Northern Ireland

Finance Minister John O’Dowd said the reserve claim from the Treasury would be repaid over three years.

Evening Standard

5 Budget 2026 Decisions That Could Change Life for Girls

Budget 2026 did not speak about girls through emotional slogans. It addressed the real reasons girls drop out of education, remain financially dependent, or never enter the workforce. In her speech and budget documents, Finance Minister Nirmala Sitharaman focused on access, safety, economic participation, and long-term continuity rather than one-time…

Times Life

Health budget grows every year. So why isn’t public healthcare improving?

Finance Minister Nirmala Sitharaman announced a Rs 1.06 lakh crore health budget for 2026-27, a 9 percent increase from the current financial year. Yet persistent gaps in utilisation, staffing and quality suggest higher allocations alone cannot fix India's public health crisis.

Newslaundry

Robison cannot say if five more national treatment centres will be delivered

The infrastructure pipeline was published alongside Tuesday’s Budget, leaving out the national treatment centres.

Evening Standard

‘Brighter future’ ahead for Scots under Budget plans, claims Shona Robison

The Scottish Finance Secretary has unveiled her draft tax and spending plans for 2026-27.

Evening Standard

Tax cut for lower earners in Scotland as richest set to pay more for homes

Two of the three lowest tax brackets will increase by 7.4%.

Evening Standard

SNP faces last-minute pleas ahead of final Budget before election

The Finance Secretary faces calls from parties, charities and business leaders ahead of Tuesday’s Budget.

Evening Standard

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Evening Standard

Holyrood Budget to focus ‘resolutely’ on people’s priorities, vows Robison

The Scottish Finance Secretary will set out her draft tax and spending plans on Tuesday.

Evening Standard

Labour will not block the Scottish Government’s Holyrood budget, says Sarwar

Finance Secretary Shona Robison will lay out her tax and spending plans on Tuesday.

Evening Standard

We need to get budget right, says Little-Pengelly

Deputy First Minister Emma Little-Pengelly has claimed the proposed budget is ‘not sufficient’.

Evening Standard

NI’s Finance Minister publishes draft budget despite ongoing impasse over plan

The DUP rejected John O’Dowd’s spending proposals as ‘deeply flawed’.

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Evening Standard

John Swinney calls on parties to agree budget quickly

The Scottish Government’s tax and spending plans have been delayed as a result of the UK Budget.

The Independent UK

Scots Tory leader Findlay ‘not holding breath’ on budget deal

Scotland’s Finance Secretary will lay out the Government’s budget plans in January.

AAP

Chalmers spins battery blowout into budget savings

Clever accounting has been used by the treasurer to claim the government's policy decisions improved the budget bottom line for the first time in eight years.

AAP

Return to surplus pushed out again in New Zealand

New Zealand's fiscal woes are set to lengthen with the mid-year budget pushing out a return to surplus to 2030.

Euronews

Greek Finance Minister Kyriakos Pierrakakis elected as president of Eurogroup

Kyriakos Pierrakakis elected head of Eurogroup in recognition of Greece's reform agenda. Belgian candidate caught in crossfire over reparations loan for Ukraine. The Eurogroup handles key economic and financial dossiers.

Evening Standard

‘Panto season’ hits Executive amid row between ministers over budget

The Executive is expected to meet on Tuesday following budget tension between Education Minister Paul Givan and Finance Minister John O’Dowd.

The Independent UK

Scotland could ‘lose our high streets as we know them’, retailers warn

The Scottish Retail Consortium (SRC) is pressing the Finance Secretary to introduce a discount on business rates.

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