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The Guardian - Back to homeThe Guardian

Budget deficit

July 2024

  • They walk side by side through the Members' Lobby

    Reeves accuses Hunt of £22bn lie; nonsense, he says. What’s the truth?

    Shadow chancellor says successor confected story of ‘black hole’ to distract from tax rises, but things are not clearcut
  • Darren Jones, the chief secretary to the Treasury, leaves Downing Street carrying a red file under his arm

    Labour says higher-than-forecast UK borrowing shows economic challenge ahead

    Treasury says it has received worst postwar inheritance as figures reveal £14.5bn deficit in June
  • Junior doctors hold orange and white placards reading 'pay restoration for doctors'

    Labour must take immediate action to deliver on workers’ rights, says union chief

    Post-election honeymoon will be brief unless Keir Starmer holds summit with unions within days, says TUC president

June 2024

  • Shadow chancellor Rachel Reeves meeting staff at Royal Bank of Scotland, Edinburgh.

    Rachel Reeves under Labour pressure to raise capital gains tax to revive public services

  • the nib of a yellow ballpoint pen starts to fill in boxes in the 'pay from employment' section on a pink and blue tax form

    Reality check
    Reality check: the truth behind the Tories’ £2,000 tax claim

May 2024

  • the City of London, with the modern skyscrapers in the background and the Tower of London in the foreground

    Things can only get better? For Sunak and the UK economy, this might be as good as it gets

  • silhouetted figures pass the Bank of England under a bright blue sky

    Jeremy Hunt’s tax cut plans face setback as government borrowing tops £20bn

  • Jeremy Hunt, the chancellor of the exchequer, outside No 11 Downing Street.

    Current and future chancellor face tough choices after IMF report on UK economy

  • Jeremy Hunt leaves Downing Street

    Jeremy Hunt looks to cut NICs again despite IMF warning of £30bn fiscal hole

  • NHS spending rise lags behind Tory funding pledges, IFS finds

  • Tax rises will follow UK election unless fiscal rules are ripped up, says thinktank

April 2024

  • Thames Water’s head office.

    Thames Water collapse could trigger Truss-style borrowing crisis, Whitehall officials fear

  • Jeremy Hunt

    Jeremy Hunt’s scope for tax cuts hit by higher-than-expected borrowing

March 2024

  • a blurred slow-shutter photo of the HM Treasury sign with a woman peering at the camera (face blurred)

    UK government borrows more in February than forecast with highest debt since 1960s

  • Gordon Brown speaking at a podium

    Gordon Brown: UK has to get on war footing for economic growth

  • Richard Partington

    Economics viewpoint
    Snake oil on steroids: the dishonesty at the heart of Jeremy Hunt’s budget

    Richard Partington
  • a protest outside a shut down library in Lambeth, London

    IFS warns of Labour and Tory ‘conspiracy of silence’ over future tax and spending plans

  • Budget 2024: Hunt gambles with highest tax burden since second world war

  • Jeremy Hunt’s last budget before an election – but not his last roll of the dice

  • First Edition newsletter
    Wednesday briefing: What’s in Hunt’s spring budget – and how will he pay for it?

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