Prime Minister Andy Burnham will travel to the Commonwealth Heads of Government Meeting in Antigua this week, as the UK comes under growing pressure over slavery reparations.

Chancellor John Healey said the UK government would bring down welfare spending but declined to commit to a timetable for it, highlighting the difficulty the Labour Party faces in curbing a major pressure on public finances.

Top UK business groups gave Chancellor of the Exchequer John Healey’s first budget a thumbs-down, calling out the lack of measures to support companies.

Chancellor of the Exchequer John Healey unveiled a modest budget designed to ride out international headwinds. The question is whether his plans will sustain the optimism that his boss, Andy Burnham, has unleashed.

The UK is set to hike bank taxes less steeply than feared, as Chancellor of the Exchequer John Healey seeks to balance the competitiveness of the City with the need to raise funds for voter giveaways in his first budget.

Chancellor of the Exchequer John Healey said his first budget would deliver “breathing space” for Britain, as Andy Burnham’s new administration seeks to sustain a poll bounce at minimal cost.

UK Chancellor of the Exchequer John Healey will deliver his first budget on Wednesday in a key test for Andy Burnham’s new Labour administration as it seeks to maintain a bounce in the polls and keep investors on side.

Prime Minister Andy Burnham said he wanted the UK to rejoin the European Union during his lifetime, calling for an “honest” discussion about the impact of Brexit.

Next week, UK Chancellor of the Exchequer John Healey must deliver what his predecessor, Rachel Reeves, couldn’t: A budget that keeps both the bond market and the governing Labour Party happy.

Britons looking for a flavor of the upcoming first budget of Andy Burnham’s UK government need look no further than the descriptors emanating from Chancellor of the Exchequer John Healey and his officials at the Treasury: Do no harm. Steady as she goes. Focused.

UK Chancellor of the Exchequer John Healey is set to raise taxes on banks to fund cost-of-living support for voters and stabilize the public finances, as he looks for sources of revenue that won’t violate Labour Party campaign pledges.

Chancellor of the Exchequer John Healey declined to rule out raising taxes on banks in this month’s budget, despite praising them as the “jewel” in the UK’s economic crown.

One of the Bank of England’s most hawkish officials cast doubt on market pricing that suggests the UK central bank will hike interest rates four times by next summer.

Chancellor of the Exchequer John Healey wants to help British voters with the cost of living while staying within the limits of his country’s stretched public finances. To square this circle, he’s planning a series of strictly short-term giveaways — and hoping the war in Iran comes to an end.

Chancellor of the Exchequer John Healey wants to help British voters with the cost of living while staying within the limits of his country’s stretched public finances. To square this circle, he’s planning a series of strictly short-term giveaways — and hoping the war in Iran comes to an end.

The UK’s City minister said the Labour government understands the importance of a globally competitive financial services sector, as Chancellor of the Exchequer John Healey considers whether to hike taxes on banks at his upcoming budget.

The UK is preparing to impose import levies on Chinese electric vehicles to meet a key demand from the European Union, the Times of London reported, in a blow to a group that now accounts for nearly one in four cars sold in the country.

Some City of London executives are concerned the government may use this month’s budget to levy a windfall tax on the profits of domestic banks even as the UK operations of international lenders are exempted, according to people with knowledge of the matter.

Tourists to London’s Oxford and Bond Streets are used to parting with their cash, but they could soon find themselves embroiled in a more complex financial transaction.

Prime Minister Andy Burnham said he would drop the UK’s pensions triple lock to help fund a new national social care service, saying he was willing to pay a political price to fix a crucial issue.