Will need to look at details to understand this but how do we have so much more tax and borrowing and so little increase in spending? With 1.5%pa will be hard to increase spending across all unprotected departments. Must be a big increase in spending this year.

HM Treasury not doing much for credibility of its distributional analysis by presenting effects of taxes and spending changes on households but ignoring impact of NI increase - so you see benefits of more spending without costs of biggest tax rise.

The thing about "the UK’s tax burden is now at a record high", is that this is also true for almost all countries 📈

The UK economy grew by just 0.1% during the first three months of the Labour government, according to official figures The figures are down from the 0.5% growth in the second quarter of 2024. Sky's Gurpreet Narwan has the details ⬇️ trib.al/Qgcf1Ix 📺 Sky 501

Analysis | The Chancellor Rachel Reeves says she is "not satisfied" by the latest results but is asking us to be patient with her. Her's is a long-term plan to fix the economy, writes Gurpreet Narwan

'It is through reform and economic growth that we need to be able to properly fund our public services' Sky's Gurpreet Narwan asks the Chancellor a question about the potential for some unprotected govt departments to be hit with spending cuts in the future. 📺 Sky 501 and YT

The Bank of England has held the base rate of interest at 4.75% - as many analysts had predicted. Sky's Gurpreet Narwan has more on this story. Latest: trib.al/kn8XEAk 📺 Sky 501, Virgin 602, Freeview 233 and YouTube

Analysis | The growth versus inflation bind now visible at the Bank of England - Business and economics correspondent Gurpreet Narwan Read more🔗 trib.al/Y5rVVAg

A Sky News investigation has revealed how, over two decades, some of Britain's biggest recruitment companies were linked to large-scale tax avoidance when placing workers into jobs, including government roles in Whitehall. 🔗 Read more trib.al/kCCAqjt

Another brilliant report on #loancharge by Gurpreet Narwan. Last week, I highlighted the case of a contractor who faces unbearable stress due to the #loancharge, a policy linked with 10 suicides in The Yorkshire Post . He was told the scheme was legal. yorkshirepost.co.uk/business/loan-…

Sky's Gurpreet Narwan is in Baltimore, where workers in one of the busiest ports in the US are facing an uncertain future over Trump's tariffs. trib.al/UfV5Pvp

Last year we analysed some of Reform UK's tax proposals exclusively for Gurpreet Narwan and Sky News. The tax cuts announced by Reform were both hugely expensive (costing £59bn a year) and highly regressive, benefiting the wealthiest households the most 🧵

The Chairman of NatWest tells Gurpreet Narwan he has "gratitude to the taxpayer" for bailing out the bank during the 2008 financial crisis, as it returns into private ownership after 17 years. trib.al/CZTb5Gd

Another brilliant report on the #loancharge from Gurpreet Narwan. One of the biggest scandals of our times. It truly feels like "state-sponsored bullying". Here's my analysis of latest FOI revelations for The Yorkshire Post: yorkshirepost.co.uk/business/loan-… #laonchargescandal

As revealed that accountants paid for recommending schemes to clients case for full #LoanChargeInquiry overwhelming. #LoanChargeScandal devastates lives as victims let down by experts. Thank you Gurpreet Narwan, Sky News and Richard for sharing story. x.com/SkyNews/status…

The Supreme Court have ruled that lenders were not liable for hidden commission payments in car finance schemes. Sky's Gurpreet Narwan explains what this ruling means for motorists and banks 🔗 trib.al/N3vBo1K 📺 Sky 501, Virgin 602, Freeview 233 and YouTube

Banking shares are on the rise after details of a car finance compensation scheme were made public. Gurpreet Narwan says 'pent up concern' in the banking industry about the size of the compensation bill has now eased. trib.al/kdXA2Dr 📺 Sky 501 and YouTube

Sky's @GurpreetNarwan asks Bank of England governor Andrew Bailey what is driving food price inflation. Mr Bailey says a "real mixture" of factors are to blame, including the National Insurance hike and price rises for individual commodities. Latest ➡️ trib.al/E7Gnazc

Arrests underway of Palestine Action supporters at parliament square.

More than 50 people have been arrested after a "significant number of people" turned out for a Palestine Action demonstration. Sky's Gurpreet Narwan reports from Parliament Square in London. trib.al/JerUCuF 📺 Sky 501