The £40 billion gamble

The £40 billion gamble

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On the Albanian island Ivanka Trump wants to buy

Weeks of protests in Albania show no signs of stopping. Tens of thousands have been taking to the streets to oppose the proposed purchase and development of land by Donald Trump’s daughter and son-in-law. As the country’s tourist industry booms, there is a divide over the cost of ...  Show more

LATEST: Will Farage’s by-election gambit work?

It’s been a rollercoaster 24 hours for Nigel Farage and Reform – a by-election called, a major party boycott, and now the spectre of a two horse race against Count Binface. So will his high risk play pay off as he takes his case to the people? And what do the voters of Clacton re ...  Show more

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Tax driver: Labour’s budget
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Rachel Reeves’s first budget as chancellor of the exchequer saw the biggest tax rises in decades, as well as promi ...

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Labour’s shadow chancellor Rachel Reeves reacts, after the government announces tax rises and a spending squeeze, as well as money for schools and the NHS.She’s also quizzed on what her party would do differently.Following her, host of Radio 4’s Money Box Live Adam Shaw, with mat ...  Show more

Facing down a fiscal firestorm
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UK chancellor Rachel Reeves has had an action-packed week. She made a U-turn on winter fuel payments, announced plans to spend billions of pounds on new transport schemes and, following the prime minister’s latest announcement, she now has to find yet more money to fund a rise in ...  Show more

Labour confronts £20bn black hole
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The chancellor Rachel Reeves is about to confront the British public with the size of the black hole in the country’s finances. A funding shortfall of about £20bn is likely to lead to tax rises at the Budget later this year. So — how to fix the problem? The FT ...

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