Missed opportunities in Rishi Sunak’s spending review | Letters

It’s too easy to cut overseas aid and screw the public servants who have kept the country running while the government has been busy...

Claims the UK has 'maxed out' its credit card are bad economics | Daniela...

The government has borrowed huge amounts during the pandemic, but this is no reason for renewed austerityThe November spending review arrived with a loud...

Dominic Raab says legislation is needed to cut UK aid spending

Foreign secretary says fiscal uncertainty means target may be missed for longer than a yearFollow all the day’s political developments – liveThe foreign secretary...

IFS says UK needs £40bn of tax rises and spending cuts to balance books

Weak growth and pressure on NHS and welfare budgets will further dent public finances, warns thinktankTax increases and spending cuts totalling £40bn will be...

'Build back better'? Sunak's spending review will further impoverish Britain | John McDonnell

People are crying out for inspirational leadership, secure jobs and investment. But all we get is austerity in disguiseAlthough it was billed as delivering...

Sunak's Covid rescue plan 'will fail to help long-term wage stagnation'

Decade-long squeeze on pay packets in UK set to continue despite extra Treasury spending, thinktank saysThe government’s plans to rescue Britain from the Covid...

Rishi Sunak says Covid economic emergency has only just begun

Chancellor says in spending review that UK will have to keep spending despite record peacetime borrowingSpending review: key points at a glanceAnalysis: Sunak offers...

Rishi Sunak's £4.8bn 'levelling-up' UK fund met with scepticism

Groups warn chancellor’s plan may pit local communities against each otherThe government will launch a “levelling-up fund” for England worth £4bn to support towns...

UK private pensions 'set to lose £96bn' from switch from RPI inflation measure

Rishi Sunak’s move in spending review could result in pension holders receiving thousands of pounds less in incomeThe government will stop using the retail...

UK will need £27bn of spending cuts or tax rises, watchdog warns

Office for Budget Responsibility says tough decisions needed to fill spending gap by 2024The government will need to find up to £27bn worth of...

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