Category : Search result: Budget cuts


UK Job Cuts Hit Fastest Rate Since Pandemic

Private sector employment fell 1.8% in November, the sharpest drop since July 2021. The Bank of England's survey points to a December interest rate cut amid rising inflation expectations. Read the full analysis.

OBR boss quits over Budget leak 'worst failure'

OBR chair Richard Hughes steps down, taking full responsibility for the technical failures that led to the pre-Budget leak of sensitive fiscal data. Read the full details of the damning report.

DWP Scraps PIP Car Perk in Labour Budget

Chancellor Rachel Reeves axes Motability Scheme for PIP claimants, calling it an 'easy win'. Critics warn cuts target the vulnerable. Read the full story.

Reeves defends tax rises in Labour Budget

Chancellor Rachel Reeves refuses to apologise for breaking Labour's tax pledge as Budget pushes tax take to record high. Read the full analysis of political reactions.

Rachel Reeves' Autumn Budget: Key Changes

Chancellor Rachel Reeves unveils major Budget reforms on taxes, benefits, and NHS funding. Discover the full list of changes affecting your finances and public services.

Mobico slashes jobs in major cost-cutting drive

Mobico, owner of National Express, announces job cuts and lower profit forecasts. Shares initially fell 14% as the firm tackles UK coach competition and falling bus passenger numbers.

Budget Scraps Two-Child Cap, Aiding 67,000 Kids

Chancellor Rachel Reeves is set to scrap the two-child benefit cap in the Autumn Budget, a move that will directly help 67,230 of Birmingham's poorest children and their families.

HMRC to tax pensioners with average savings

State pensioners with average savings face HMRC tax bills as the Personal Savings Allowance remains frozen. Discover how the Autumn Budget impacts your savings.

Universal Credit disability payments cut for new claimants

New Universal Credit rules will slash disability top-up payments by nearly 50% for new claimants from April 2026, creating a two-tier system. Critics call the changes 'unfair' and 'poorly designed'. Learn how this affects you.

Unilever proposes 50 job cuts in Wirral

Unilever confirms plans to cut around 50 roles at its Port Sunlight factory in Wirral to 'maximise efficiencies'. Read the full story on the proposed redundancies.

West Midlands plugs £120m transport budget gap

A projected £119.8 million deficit in the West Midlands transport budget has been drastically reduced to £38.3 million. Discover the measures taken to secure the region's transport future.

Barclays cuts mortgage rates by up to 0.3%

Barclays announces significant mortgage rate cuts, with Skipton and Leeds also reducing prices. Experts suggest a lender price war is brewing ahead of the Budget. Act now to secure a deal.

Reeves' Budget: Fuel Duty Hike and New EV Charges

Chancellor Rachel Reeves is set to target motorists in the Autumn Budget with a potential £100 annual fuel duty increase and new pay-per-mile charges for electric vehicles. Discover the full impact.

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