George Osborne will abandon his fiscal rule that requires the public finances to be in surplus by the end of the parliament, saying that he must be “realistic” about the impact of Brexit.
Senior pro-Brexit MP Bernard Jenkin has revealed that the parliamentary committee he chairs has been asked by government to help develop a plan on how the civil service can prepare to leave the...
Michael Gove has launched a bid to become Conservative Party leader and prime minister but Boris Johnson is not among the five candidates following the close of nominations.
Cabinet Office minister Oliver Letwin is to lead a cross-Whitehall unit to prepare for Brexit ahead of the election of David Cameron’s replacement as prime minister.
The UK has lost its triple-A credit ratings from all major agencies after Standard and Poor’s downgrade following the vote to leave the European Union.
Nicola Sturgeon has won cross-party backing from MSPs for her determination to protect Scotland’s place in the European Union, ahead of flying to Brussels tomorrow to promote the Scottish...
The leaders of France, Germany and Italy have called for Brexit negotiations to begin soon in order to avoid an impasse following the vote of the UK to leave the European Union.
Half of Britain’s working households have seen no rise in living standards since the early 2000s, according to a Resolution Foundation report published today.
The International Monetary Fund has called for the UK’s decision to leave the European Union to be respected and for the exit process to be conducted smoothly.
Chancellor George Osborne this morning insisted robust contingency plans to maintain economic and fiscal stability were in place following Thursday’s vote to leave the European Union.
A second Scottish independence referendum is now “highly likely” after Scotland voted to remain in the European Union despite a vote to leave by the rest of the UK, Nicola Sturgeon has said.
Cuts in public expenditure following a withdrawal by the UK from the European Union could result in 18,000 fewer affordable homes by 2020, Labour’s shadow housing secretary John Healey has claimed.
New rules to combat corporate tax avoidance by multinational companies are to be adopted across the European Union after member states agreed a package of measures today.
The directors of three of the UK’s leading economic research institutions have issued a joint statement warning that a Brexit would almost certainly weaken the public finances.
IMF managing director Christine Lagarde has reiterated her call for Britain to vote to remain in the European Union in this week’s referendum, saying there is “a clear case” for how the UK has...
Brexit would damage the economic and political interests of the entire Commonwealth and hinder international initiatives requiring global cooperation, the chief of the Commonwealth Local Government...
Chancellor George Osborne has warned that leaving the EU would lead to £30bn in tax rises and spending cuts in order to fill a black hole in the public finances caused by a post-Brexit economic shock.