She also added: "We're investing in Britain's renewal to make working people better off".So what exactly is GDP and how does ...

The three letter acronym that oversees government finances has hung over Gilt markets like Banquo’s ghost ever since they were butchered by the dagger of Lady Truss. If the OBR portends doom, the ...

The Justice Department has abruptly canceled hundreds of grants to community organizations and local governments, including funding for gun-violence prevention programs and crime-victim advocacy ...

The UK economy is expected to have grown by a miserly 0.1 per cent in May, consensus among City economists suggests, ...

Rachel Reeves has been handed a "horror show" report card by the Office for Budget Responsibility, which has warned that ...

The UK's state finances are on an "unsustainable" path due to a raft of public spending promises the government "cannot afford" in the longer term, the boss of UK's official forecaster has warned. It ...

The government has promised not to touch the triple lock this Parliament, but rising costs mean reform could be inevitable eventually ...

The OBR highlighted the 'risks' of trying to milk too much from 'high net worth' individuals as it painted a grim picture of ...

Rachel Reeves should be as open as possible about tax rises - THE INDEPENDENT VIEW: Editorial: The chancellor ought to take ...

Of course I am aware that Rachel Reeves is no ordinary woman and this is no ordinary workplace – but the reaction was wildly ...