The Labour Welsh government has lost a vote in the Senedd, after opposition members joined together to attack the UK government's Budget. A motion written by the Conservatives and backed by Plaid Cymru accused Sir Keir Starmer's government of failing to deliver for Wales.

Britain’s Labour Party government is set to deliver a high-stakes budget aimed at fixing public finances and boosting economic growth. It's a tough task.

The plan presented by the chancellor of the Exchequer, Rachel Reeves, called for spending increases and higher taxes on the wealthy and the middle class.

The U.S. government posted a higher $284 billion deficit for October in a report delayed and impacted by the recent federal government shutdown and reflecting record tariff revenues offset by a shift of some November benefit payments into last month's data,

British Chancellor Rachel Reeves raised taxes to an all-time high in the annual budget. As the UK grapples with persistent inflation and sluggish growth, she has sought to reduce the inflation’s brunt,

Chancellor Rachel Reeves’ 2025 Budget outlines new tax, wage, and pension measures - here's everything you need to know.

Sánchez’s struggle to govern isn’t always so serendipitous. Among examples, a measure to raise taxes for energy companies was later reversed by lawmakers and a punitive levy on foreign home buyers that could have driven higher revenue still hasn’t materialized.