The $3 billion U.K. loan for military resources will be paid for by the profits generated from frozen Russian assets.

The funds will be a part of a package aimed at supporting Ukraine's military efforts amid the ongoing war with Russia.

Chancellor Rachel Reeves said she’s reached agreement with all of her UK cabinet colleagues on their spending allocations for ...

Chancellor Rachel Reeves says she has now reached spending settlements with all government departments ahead of her ...

The Washington-based forecaster's chief economist Pierre Olivier-Gourinchas yesterday said the Chancellor must tread a ...

It’s the first UK budget for the new Labour government and Britain’s first female Chancellor, Rachel Reeves. Big tax rises ...

Payments swelled the Treasury’s coffers by £4.3bn in the six months since April, £400m more than in the same period in the ...

Rachel Reeves has said that “main taxes on working people” will not rise in the Budget. She gave the reassurance a week before she delivers her first Budget, and the first by a woman Chancellor. But ...

The International Monetary Fund suggested that the fight against inflation and the cost of living crisis had “largely been ...

All households with a car will face a £200.20 charge to keep their vehicle on the road from next month - here's how the rule ...

British finance minister Rachel Reeves is expected to impose national insurance on employers' pension contribution in her Oct ...

Rachel Reeves collects a record £2.2bn in inheritance tax as the UK government prepares potential reforms to the "death tax" ...