David Lammy has warned Rachel Reeves that defence spending may need to treble to Cold War levels if Russia is allowed to win ...

Economic Secretary to the Treasury, Emma Reynolds, recently questioned the savings habits of Brits, suggesting that the current system is not encouraging enough investments ...

Kenya’s Treasury is considering using existing tax rates to finance the 2025/2026 budget, signaling a move to sustain revenue ...

President Trump supercharged his overhaul of government agencies this week that included a fresh round of a widespread firings. Trump signed an order this week indicating agency heads initiate large ...

Military chiefs have warned Sir Keir Starmer that the Government’s defence spending plans “won’t touch the sides”, Whitehall ...

The visit by Scott Bessent was the first by a Trump official since the president’s return to office and came amid uncertainty ...

Tractor rally comes as MPs debate e-petition with 148,000 signatures calling to keep current inheritance tax exemptions for working farms ...

BoE cuts policy rate by 25bps to 4.5%. US 10-year rate up modestly overnight but down from NZ close pre-Waitangi Day.

The Treasury’s payment system is responsible for delivering trillions in Social Security payments, Medicare benefits and more to millions of Americans across the country. And Friday, the highest ...

The headquarters of the foreign aid organisation USAID has been closed, as the US president moves to slash its funding and workforce.

Treasury Secretary Scott Bessent gave Mr. Musk’s representatives at the so-called Department of Government Efficiency a powerful tool to monitor and potentially limit government spending.

Upon his inauguration, President Trump had appointed Lebryk acting Treasury secretary while nominee Scott Bessent was waiting to be confirmed. Lebryk’s retirement follows a dispute over a request from ...