Hammond ushers in more years of UK austerity

Life in Europe's coronavirus hotspots: Foreign affairs columnist Gideon Rachman discusses how the coronavirus epidemic has been handled in Italy and Spain with the local FT correspondents, Miles Johnson in Rome and Daniel Dombey in Madrid. How are citizens reacting to the lockdow ...  Show more

The FT News Briefing is a rundown of the global business stories you need to know for the coming day, from the newsroom of the Financial Times. If you enjoy it, subscribe to the FT News Briefing wherever you get your podcasts, or listen at FT.com/newsbriefing.Friday, March 20Repu ...  Show more

Chancellor Rishi Sunak presented his second Budget this week, tearing up Conservative economic orthodoxy with billions of pounds of spending and tax rises. What state are the UK's public finances in? And will he actually go ahead with planned spending cuts? Plus, we examine th ...

The chancellor unveiled a £55bn plan for fiscal tightening this week, with the biggest drop in living standards for 70 years. We unpack all of the fiscal forecasts, tax rises, spending cuts and how Rishi Sunak can navigate the tricky politics. Plus, we also examine whethe ...

Why was the chancellor buoyed by forecasts that the UK would avoid a technical recession when the economy is still set to shrink? We dissect the economic and political implications of  Jeremy Hunt’s Budget, including his giveaway on pension limits - set to benefit the cou ...

Chancellor Jeremy Hunt’s overriding message in his big pre-election Budget was that hard economic choices were paying off in the form of tumbling inflation, improved growth and the promise of more cuts to personal taxes. But his Budget also promises a brutal fiscal reckoning f ...