GBP/USD 1.366 EUR/GBP 0.864 GBP/JPY 196.092 EUR/USD 1.180 GBP/AUD 2.073 USD/JPY 143.594 USD/CAD 1.359 AUD/USD 0.659 CAD/JPY 105.695 EUR/CAD 1.603 GBP/CAD 1.855 AUD/CAD 0.895 AUD/JPY 94.589 AUD/NZD 1.081 EUR/AUD 1.791 GBP/USD 1.366 EUR/GBP 0.864 GBP/JPY 196.092 EUR/USD 1.180 GBP/AUD 2.073 USD/JPY 143.594 USD/CAD 1.359 AUD/USD 0.659 CAD/JPY 105.695 EUR/CAD 1.603 GBP/CAD 1.855 AUD/CAD 0.895 AUD/JPY 94.589 AUD/NZD 1.081 EUR/AUD 1.791
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Finance News – Fiscal Headroom

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City A.M. • Jun 27, 2025

Labour’s welfare U-turn spikes fears of tax hikes

The government’s reversal on welfare reforms is expected to reduce anticipated savings, potentially increasing fiscal pressures and raising concerns about the need for additional r...

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City A.M. • Jun 11, 2025

Reeves’ straitjacket: Why Britain’s spending problem is political, not economic

The debate over the UK’s budget highlights that decisions on public expenditure are influenced more by political priorities than by purely economic forecasts or minor changes in gr...

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City A.M. • Jun 02, 2025

Non-dom exodus could blow ‘black hole’ in public finances

A significant number of non-domiciled individuals departing the UK may substantially reduce government revenue, potentially eliminating available budget flexibility and impacting f...

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City A.M. • May 14, 2025

Is Rachel Reeves breaking up with the OBR?

Rachel Reeves implemented several last-minute adjustments to her Spring Statement aimed at maintaining fiscal stability and preserving confidence in the official budget forecasts p...

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