Reeves faces having to cut spending or raise taxes as UK growth disappoints

• Inside the House GOP clash over tax cuts

  Hardliners are squaring off against their top tax writer as Republicans try to assemble a package President Donald Trump's priorities.
  
  Politico - 2d
• 

  As Musk cuts federal spending, his own firms have received billions in contracts

  As Elon Musk has led an effort to slash government spending, his own companies have, over the last few years, received billions of dollars in government contracts.
  
  ABC News - 13h
• 

  A quick way to cut $1 trillion in federal spending

  President Trump suggests that state governments should have primary responsibility for handling disasters, and cutting federal taxes would allow states to access more money to address their needs.
  
  The Hill - 14h
• 

  House Republicans could raise student loan bills to pay for Trump's tax cuts

  As House Republicans look for ways to slash spending to fund President Donald Trump’s tax cuts, they’ve floated proposals that could raise federal student loan bills for millions of borrowers.
  
  NBC News - 1d

• To pay for Trump's tax cuts, House Republicans could raise student loan bills for millions of borrowers

  As House Republicans look for ways to cut spending to fund President Trump's tax cuts, they've floated plans that may raise student loan bills for millions.
  
  CNBC - 1d
• 

  Reform Isas to boost UK economic growth

  It is high time the tax system encouraged more economically productive behaviour than parking funds in a cash account
  
  Financial Times - 1d

• Poor customer service hitting trust in UK tax authority

  Both individuals and most businesses have lost faith in HMRC, spending watchdog finds
  
  Financial Times - 2d
• 

  The Papers: 'Trump wants UK tax cuts for tech giants' and 'hands off our ISAs'

  A warning that axing ISAs could "trigger a mortgage crisis" is one of the stories on Saturday's fronts.
  
  BBC News - 3d
• 

  Graham's plan for Trump tax cuts

  Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  Graham rolls out plan to tackle Trump agenda Senate Budget Committee Chair ...
  
  The Hill - 4d

More from Financial Times

• 

  ‘Trump trades’ start to misfire as dollar weakens

  Treasuries rally as investors take more bearish view on economic impact of new president’s policies
  
  Financial Times - 10h
• 

  Israel threatens to resume war against Hamas if it fails to release hostages by Saturday

  PM Benjamin Netanyahu orders IDF to mass around Gaza as Donald Trump holds meeting with Jordan’s King Abdullah
  
  Financial Times - 7h
• 

  What if Donald Trump calls the courts’ bluff?

  The US judiciary poses the ultimate test of whether the president will break the system
  
  Financial Times - 15h
• 

  The case for persisting with foreign aid

  Until now, the US has been a strikingly benign and successful hegemon
  
  Financial Times - 9h
• 

  Powell defends Fed’s authority over US monetary policy

  Central bank chief vows to ‘focus on the data’ rather than get dragged into political debates
  
  Financial Times - 8h

More in Business

• Coinbase’s bonds have soared since Trump’s election victory

  A member of the “MAGA Seven,” Coinbase is seeing an increase in interest.
  
  MarketWatch - 16m
• 

  Fed Chair Jerome Powell Shows Little Urgency to Lower Rates

  Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s policy independence is in the spotlight.
  
  The New York Times - 1h

• Rich retirees win if Trump ends taxes on Social Security benefits — but there are plenty of losers

  Well-off retirees stand to gain thousands of dollars in tax savings every year if President Donald Trump succeeds in his bid to exempt Social Security benefits from income taxes, while younger ...
  
  MarketWatch - 1h

• Upstart’s stock is skyrocketing. Here’s the biggest positive from earnings.

  Upstart was close to achieving profitability in the fourth quarter and expects to “at least” break even this year. That could broaden the stock’s appeal.
  
  MarketWatch - 2h

• Super Micro cuts its outlook — but there’s a silver lining supporting its stock

  Super Micro predicts far more revenue for its next fiscal year than analysts were projecting. The company also expects to submit its delayed annual filing by the Feb. 25 deadline.
  
  MarketWatch - 2h