New UK government cuts billions of pounds of spending to fix ‘unsustainable’ finances
Britain’s new finance minister, Rachel Reeves, told parliament on Monday her Conservative predecessor had left public spending on track to...
archivepublic spending
Reeves to unveil ‘tough decisions’ to fix public finances as junior doctors offered pay rise
Rachel Reeves is set to announce “very tough decisions” to address a public spending black hole of around £20 billion in the...
EU rebukes France for breaking budget rules
The EU on Wednesday reprimanded France for breaching the bloc's budget rules under President Emmanuel Macron, 10 days before snap...
Eurozone stocks hit after EU rebukes France
The Paris stock excahange has taken a hit on the prospect that French public finances could be undermined if either...
