42 h. ago Tax rises ‘feel inevitable’ after jump in Government borrowing

The Office for National Statistics said public sector net borrowing rose to £20.2 billion, its fourth-highest April figure on record.

Politics

46 h. ago UK government borrowing rises to £20.2 billion as pressure mounts on Rachel Reeves

The latest figure showed that the Chancellor had to borrow more money than expected over the month

Economics

48 h. ago UK borrowing rises to £20.2bn, putting pressure on Rachel Reeves

April figure more than expected and comes despite increase in employer national insurance contributionsBusiness live – latest updatesThe UK government borrowed more than expected in April, underscoring the challenge for Rachel Reeves to fix public services and grow the economy while meeting her fiscal rules.With the chancellor under pressure on Labour’s tax plans, the Office for National Statistics (ONS) said public sector net borrowing rose to £20.2bn in April, £1bn more than the same month a year earlier. City economists had forecast borrowing of £17.9bn. Continue reading...

Economics

6 d. ago Rachel Reeves comes under pressure from her own local Labour Party to abandon her disability benefits cuts

The Leeds West and Pudsey Constituency Labour Party (CLP) has agreed to write to Rachel Reeves 'as soon as possible' to make clear it does not support the cuts.

Events

9 d. ago Blue Badge fraud skyrockets 1,000% as disabled drivers 'exploited' in sick 'abuse'

Blue Badge fraud and misuse is a huge issue on the rise, with experts warning that the 'harmless' act of borrowing a permit from family can have serious consequences

Events

2 w. ago Reeves insists she understands voters’ concerns after Labour election setbacks

Chancellor Rachel Reeves defended her actions in office as pressure mounted on Labour to U-turn on the winter fuel payment cut.

Politics

2 w. ago More than 8 million New Yorkers will get inflation refund checks, says governor

Kathy Hochul announces ‘first-ever’ plans to distribute $2bn, as well as plans for free meals for 2.7 million studentsNew York governor, Kathy Hochul, announced that the state will be distributing inflation refund checks to more than 8 million New Yorkers.Last week, as part of New York’s fiscal year 2026 budget, Hochul announced the state’s “first-ever inflation refund checks” which is slated to put $2bn back into the pockets of millions of New Yorkers. Continue reading...

Economics