The Latest Breaking News from UK Treasury

Bank of Scotland fined for breaching Russia financial sanctions

The bank processed 24 payments to or from a current account held by a sanctioned individual, a Treasury body found.

Evening Standard · Jan 26

Major UK bank fined for breaching Russian sanctions

The bank processed 24 payments to or from a current account held by a sanctioned person

The Independent UK · Jan 26

UK Treasury chief will slash financial red tape to boost investment

Reeves set out the changes in her annual Mansion House speech to finance bigwigs in London, saying she was “rolling back regulation that has gone too far in seeking to eliminate risk”.

Euronews · Jul 16, 2025

Concerns raised as Jim Murphy invites business chiefs to private Treasury meeting

FORMER Scottish Labour leader Jim Murphy invited business chiefs to a “private roundtable meeting” inside the UK Treasury headquarters last…

The National (Scotland) · Oct 4, 2024

UK Treasury chief signals tax cuts and a squeeze on welfare benefits are on the way

U.K. Treasury chief Jeremy Hunt says the government can afford to lower some taxes now that inflation is falling

The Independent UK · Nov 18, 2023

Free-market ex-UK Treasury chief Nigel Lawson dies

Nigel Lawson, the tax-cutting U.K. Treasury chief under the late Margaret Thatcher and a lion of Conservative politics in the late 20th century has died

The Independent UK · Apr 4, 2023

Freeport status should go to more than one port in Wales say Welsh Tories

Though some cross-party ministers have questioned the economic benefit of a freeport in Wales

Birmingham Post · Feb 9, 2023

Mark Drakeford says Wales cannot afford the money nurses are asking for

The First Minister placed the blame with the UK Government and said his government's hands are tied

Wales Online · Dec 18, 2022

Edinburgh asks Treasury to pay up after council foots bill for Queen's death events

THE City of Edinburgh Council has asked the UK Treasury for more than £500,000 to cover the costs of events to mark the Queens's death.

The National (Scotland) · Dec 17, 2022

UK Treasury joins chat app Discord and is met with torrent of abuse

Users on gamer-focused platform manage to respond to posts despite government blocking all comments

The Guardian - UK · Nov 15, 2022