18 m. ago Rachel Reeves scrambles to play down claims she's facing a £50bn 'black hole' in the public finances as under

The Chancellor also sought to dampen speculation she is poised to announce a fresh package of tax rises on British businesses and households.

Economics

5 h. ago Starmer ‘too arrogant’ to admit he’s got things wrong, Badenoch tells Commons

The Conservative leader pressed the Prime Minister on borrowing costs, unemployment, and future tax rises, at PMQs.

Politics

7 h. ago UK services growth for August hits fastest pace in over a year

Stronger demand and lower borrowing costs helped drive improvement

Events

8 h. ago I haven't broken the economy, insists Reeves in desperate video plea amid bond market meltdown and fears of tax hike 'doom loop'... as she reveals Budget won't happen until November 26

Rachel Reeves attempted to calm markets by stressing her fiscal rules after interest rates on UK gilts crept up again this morning - having spiked to 27-year highs yesterday.

Economics

8 h. ago Rachel Reeves opts for late Budget as she admits Britain’s economy ‘not working’

Rachel Reeves has come under pressure after soaring borrowing costs reach 27-year highs

Economics

9 h. ago Reeves set to announce Budget date today as UK borrowing costs soar: Politics live

Rachel Reeves is expected to announce the date for the upcoming budget on Wednesday

Politics

9 h. ago Britain on the brink? Reeves faces threat of financial crisis as markets send UK borrowing costs rocketing AGAIN

Ministers are struggling to cool alarm after interest rates on UK gilts rose again this morning, having spiked to 27-year highs yesterday.

Economics

24 h. ago No 10 insists Reeves’s authority not dented by reshuffle after market jitters

Downing Street underscored ministers’ continuing commitment to fiscal rules as government borrowing costs surge

Culture

26 h. ago Starmer's unhappy birthday: Labour government's popularity crashes to new record low as markets ramp up borrowing costs after desperate reshuffle 'sidelining' Reeves

YouGov found Labour's approval rating has slumped to minus 59 - with 70 per cent satisfied with their performance and 11 per cent dissatisfied.

Events

27 h. ago No 10 insists Reeves’ authority not dented by reshuffle after market jitters

Downing Street underscored ministers’ continuing commitment to fiscal rules as government borrowing costs surge

Culture

28 h. ago Reeves’ authority not dented by reshuffle, No 10 says in bid to calm markets

Downing Street underscored ministers’ continuing commitment to fiscal rules as government borrowing costs surge.

Culture

29 h. ago Pressure rises on Reeves as government borrowing costs hit 27

Chancellor will face more limited fiscal headroom at budget after yield on 30-year bond increases to 5.68%Business live – latest updatesReshuffle gymnastics prepare Starmer to walk tricky budget tightropeBritain’s long-term borrowing costs have hit their highest level in 27 years, intensifying the pressure on the chancellor, Rachel Reeves, before the autumn budget.The yield, or interest rate, on 30-year UK government debt hit 5.714% on Tuesday. That is its highest level since 1998, indicating that it will cost the UK more to borrow from the markets, above the previous 27-year high of 5.649% set in April. Continue reading...

Events

30 h. ago Is Reeves about to drive Britain off a financial cliff? Alarm grows as borrowing costs soar to even HIGHER than surge that toppled Truss (...and the Chancellor's face says it all)

Yields on 30-year UK bonds, known as gilts, leapt to just below 5.7 per cent, the highest level since 1998 in the wake of a reshuffle seen as sidelining Rachel Reeves.

Economics

32 h. ago Fears UK is heading for 'economic oblivion' as government borrowing costs soar to 27

Yields on 30-year UK bonds, known as gilts, leapt to just below 5.7 per cent, the highest level since 1998 in the wake of a reshuffle seen as sidelining Rachel Reeves.

Economics

33 h. ago Chancellor under pressure as government borrowing costs surge to 27

The yield on UK government bonds – also known as gilts – jumped to the highest level since 1998.

Politics

59 h. ago Factory activity shrinks as US tariffs bite; UK house price drop – business live

Rolling coverage of the latest economic and financial newsNationwide also expects income growth to continues to outpace house price growth.That would mean that housing affordability should continue to improve, if gradually.Borrowing costs are likely to moderate a little further if Bank Rate is lowered again in the coming quarters.This should support buyer demand, especially since household balance sheets are strong and labour market conditions are expected to remain solid. Continue reading...

Economics

4 d. ago Life in the middle class town with the worst debt per person in Britain: How locals are facing endless cuts as its council owes more than £2 BILLION

But the commuter town in Surrey is hiding a financial crisis - so deep that its council is £2 billion under and has the highest levels of debt per person in Britain.

Economics

7 d. ago Trump’s attack on Fed shifts market bets on interest rates and inflation

Gap between long-term and short-term borrowing costs reaches its widest in three years

Economics

8 d. ago Voices: I’m a pest controller – after the summer heatwaves, Britain is on the brink of a vermin explosion

Thanks to our fondness for takeaways, uncollected rubbish bins and mismanagement of the nation’s sewers, rats the size of cats will soon be the norm, says veteran catcher David Parnell

Events

1 week ago BBC axe top sports pundit ahead of major event amid controversy

Michael Johnson will not be part of the BBC's punditry team for the World Athletics Championships in Tokyo, with the American sprinting legend currently embroiled in a financial crisis

Politics