The Latest Breaking News from the UK Treasury

THE UK Treasury is drawing up plans to cut the funding for GB Energy in June’s spending review, according to reports.

THE SNP have hit out at Labour amid doubts over the party’s pledge to invest £8.3 billion into GB Energy in the next 5 years ...

Editorial: Labour commands the field, but its general election success is unlikely to be repeated in the 2026 Holyrood contest

THE leader of Plaid Cymru has said he would like to work with the SNP to make funding for devolved nations fairer across the UK.

THE Scottish Budget has a shortfall. In May, Shona Robison, Deputy First Minister and also Finance Secretary, announced that the Scottish Government…

“Ian Murray says more Scots will head to London if Humza Yousaf raises taxes” ...

Labour-led government needs to find £600m to balance books, blaming inflation, austerity, pay and ‘mismanagement’ by UK government

Welsh ministers had wanted to use the money to cover infrastructure spending and are furious at Westminster's actions

Governments in the UK and US took extraordinary steps to stop a potential banking crisis after the historic failure of Silicon Valley Bank, even as another major bank was shut down. The UK Treasury and the Bank of England announced early Monday that they had facilitated the sale of Silicon…