4 h. ago UK government borrowed lower than forecast in July in boost for Rachel Reeves

Economists had widely predicted a higher July borrowing figure, making the actual outcome a positive surprise

Politics

5 h. ago Government borrowing less than expected in July in boost for Reeves

The Office for National Statistics said the borrowing of £1.1 billion is the lowest July figure for three years.

Politics

26 h. ago UK inflation jumps to 3.8% as the cost of living for Britons goes up again

UK inflation rose by more than expected in July as demand for summer travel pushed up air fares and food prices continued to climb, the Office for National Statistics said today.

Economics

31 h. ago Investors warn of ‘new era of fiscal dominance’ in global markets

Combination of record government debt and rising borrowing costs puts central banks under pressure

Events

38 h. ago A dignified exit for Reeves: Chancellor should use tax reform to boost growth

The recent cut in interest rates was meant to take the heat off the economy, bolster confidence for business and provide respite to homeowners.

Politics

45 h. ago Higher airfares and hotel prices predicted to push up UK inflation in July

The rate of Consumer Prices Index (CPI) inflation is widely expected to have increased to 3.7% in July, from the 3.6% recorded in June.

Economics

66 h. ago Reeves looks at UK property tax reforms in bid to boost growth and revenue

Treasury officials examine range of measures as chancellor seeks to address looming gap in public finances

Politics

7 d. ago Boost for Rachel Reeves after surprising UK economic growth in three months to June

The Office for National Statistics (ONS) said gross domestic product grew by 0.3 per cent after 0.7 per cent growth in the first three months of the year.

Economics

7 d. ago Indian Super League in turmoil with domestic game on brink of collapse

Dispute between governing body and commercial partner has forced top-flight clubs to suspend player salariesCrystal Palace may be disappointed the court of arbitration for sport ruled against them on Monday but at least they now know their fate. Imagine if all Premier League clubs were waiting for a court decision that would, in effect, determine whether the season would go ahead at all. That is the situation the 14 Indian Super League (ISL) teams find themselves in. The whole of football there has been waiting for a ruling from the supreme court. It was expected in mid-July but has still not arrived. The season is due to start in September. Or at least, it was.The ISL, formed in 2013, has grown from eight teams to 14, becoming the top tier along the way. Football Sports Development Ltd (FSDL) runs the competition but put the 2025-26 season on hold on 11 July. At the time, despite the shock, most stakeholders felt it would go ahead but confidence, trust and bank balances have taken ...

Sport

8 d. ago The national debt has reached a record $37 trillion, the Treasury Department reports

Donald Trump’s ‘Big, Beautiful Bill’ set to ramp up government borrowing even further

Economics

9 d. ago Exact time to spot the Perseid meteor shower from the UK tomorrow

The Perseids meteor shower, which is active from July 17 until August 24, is expected to peak on Tuesday

Politics

2 w. ago White House officials rush to defend Trump after shaky economic week

US trade representative says ‘the president is the president’ after firing of labor statistics chief amid slow job growthDonald Trump administration officials fanned out on Sunday’s US political shows to defend the president’s policies after a bruising week of poor economic, trade and employment numbers that culminated with the firing of labor statistics chief Erika McEntarfer.US trade representative Jamieson Greer said Trump has “real concerns” about the jobs numbers that extend beyond Friday’s report that showed the national economy added 73,000 jobs in July, far below expectations. Job growth numbers were revised down by 285,000 for the two previous months as well. Continue reading...

Politics