Britain’s rail infrastructure budget has been cut by £1 billion following the Chancellor’s Spending Review.
The Chancellor has been urged to think again on his refusal to be grilled by MPs on his Spending Review.
Dominic Raab has denied the Government is “salami slicing” all parts of the UK’s overseas aid spending as he outlined the priorities for the slashed budget.
The impact of Chancellor Rishi Sunak’s Spending Review will feel close to a return to austerity for some public services, financial experts have said.
The Chancellor has insisted Britain is not turning its back on the world’s poorest people as he defended the Government’s plan to cut the foreign aid budget amid a growing Tory backlash.
Rishi Sunak has been accused of undermining devolution, after unveiling proposals to bypass the Scottish Government on certain spending decisions.
The freeze on pay in the public sector has been described as “disappointing” by the Northern Ireland finance minister.
Chancellor Rishi Sunak delivered a Spending Review against the backdrop of the coronavirus pandemic and the massive economic downturn it has triggered.
A minister has resigned and a furious backlash is brewing among Conservative MPs over the Government’s decision to cut billions from the overseas aid budget.
The pledge to "unleash the potential of the Union" ran through the Chancellor's spending review like letters through a stick of rock.
If the latest forecasts from the Office for Budget Responsibility (OBR) are correct, the UK is on course for its highest peacetime deficit in modern history, along with the biggest drop in economic output for more than 300 years.
Public sector workers have described Rishi Sunak’s squeeze on their wages as “a slap in the face”.
The Chancellor’s Spending Review should have included more support for the creative industries, an entertainment and media union boss has said.
The FTSE 100 slid into the red after an austere spending update by Chancellor Rishi Sunak drove caution among traders.
Chancellor Rishi Sunak has set out the budgets for Whitehall departments against the grim economic backdrop of the coronavirus crisis.
Dramatic spending cuts or significant tax hikes will be needed for Rishi Sunak to bring the public finances back under control, experts have warned.
Fifteen more proposals to reverse historical reductions in the rail network have secured development funding.
Millions of families on Universal Credit are facing “agonising uncertainty” after the Government’s spending review did not address calls for benefit increases to be extended, charities have warned.
A police pay freeze in Northern Ireland will be a “massive disappointment”, a representative organisation said.
A Foreign Office minister has resigned in protest against the Government’s decision to cut the overseas aid budget, branding the move “fundamentally wrong”.
Trade groups and experts have called on the Government for business rates relief next year as shops prepare for a multibillion-pound tax bill.
A no-deal Brexit is forecast to wipe 2% off the economy next year and lead to a long-term decline in gross domestic product (GDP), according to the latest analysis.
Cutting Britain’s overseas aid budget risks causing 100,000 otherwise preventable deaths, former international development secretary Andrew Mitchell warned as Boris Johnson faced a growing Tory backlash.
The devastation caused by coronavirus will see the economy shrink by its largest amount for 300 years and Government borrowing reach levels previously unseen in peacetime.
The Government has pledged more money to “get our country through coronavirus”.
A further £2.1 billion of taxpayers’ money has been allocated to covering private train company losses during the coronavirus pandemic.
A planned inflation shake-up will not be put in place before 2030.
The Archbishop of Canterbury has attacked the Government for its “shameful and wrong” cuts to the foreign aid budget, as Boris Johnson faced intense criticism for reversing one of the pledges in his election manifesto.
The economic emergency caused by coronavirus has "only just begun", Rishi Sunak warned in his spending review as he announced plans to borrow a peacetime record of almost £400 billion to combat the worst recession in more than 300 years.
The Government has pledged an extra quarter of a billion pounds to help tackle the scourge of rough sleeping.