19 h. ago Warning issued on ‘vulnerable position’ of UK finances after Starmer’s welfare U

The OBR’s warning piles fresh pressure on Rachel Reeves ahead of the autumn Budget

Events

21 h. ago OBR: Vulnerable UK faces 'daunting' threats to stability of public finances after welfare climbdown

Successive governments’ efforts to put the UK public finances have met with only “limited and temporary success” says watchdog

Economics

22 h. ago UK finances in ‘vulnerable’ position after reversed spending cuts, says OBR

The Office for Budget Responsibility said the state finances were facing ‘mounting risks’ in the face of growing debts.

Economics

22 h. ago Risks from climate, pensions and bonds leave UK public finances ‘vulnerable’

Office for Budget Responsibility warns national debt on course to hit 270% of GDP by 2070 amid volatilityBusiness live – latest updatesThe UK’s public finances are in a “relatively vulnerable position”, with pensions costs, climate change and volatile bond markets all posing significant risks, the independent Office for Budget Responsibility has warned.In its annual assessment of the long-term threats to the government’s fiscal position, the OBR points out that the UK has “the sixth-highest debt, fifth-highest deficit and third-highest borrowing costs among 36 advanced economies”. Continue reading...

Economics

23 h. ago UK public finances in ‘vulnerable position’ after Starmer’s U

The OBR’s warning piles fresh pressure on Rachel Reeves ahead of the autumn Budget

Politics

3 w. ago Retirement poverty 'postcode lottery' revealed: Where pensioners are under most financial strain

Many over-50s are under financial strain across the country but Londoners are among the most vulnerable, new research reveals.

Economics

3 w. ago Retirement poverty 'postcode lottery' revealed: Areas of Britain where the elderly are most under strain...

Many over-50s are under financial strain across the country but Londoners are among the most vulnerable, new research reveals.

Politics

4 w. ago Aid cuts put vital work to protect millions in Ethiopia from climate crisis at risk

Programmes helping vulnerable communities in Ethiopia to deal with the financial shock of extreme weather and drought are under threat, writes Nick Ferris

Events