21 h. ago Here comes my Budget... and you're not going to like it! Rachel Reeves braces Brits for more tax misery as she blames Brexit

Rachel Reeves admitted the economy is 'not working as it should' and she does not 'like' the situation as government borrowing hit a new post-Covid high.

Economics

22 h. ago 'Tax bomb' warning as government borrowing hits highest level in five years

Public sector net borrowing rose to £20.2 billion for the month, £1.6 billion higher than in September 2024. It puts more pressure on Chancellor Rachel Reeves ahead of the Budget

Events

23 h. ago Rachel Reeves tells business leaders Brexit is to blame for UK economic woe as fears mount over Budget raids on 'wealth' and pensions after borrowing hits new high

The Chancellor admitted the economy is 'not working as it should' as government borrowing hit a new high, but denied it was 'broken'.

Economics

26 h. ago Fears mount over Budget raids on 'wealth' and pensions after government borrowing hits new high

Public sector net borrowing was £20.2billion last month, £1.6billion higher than the same period a year earlier.

Economics

27 h. ago FTSE 100 Live 21 October: Borrowing setback for Chancellor, gold price falls

Government borrowing rose in September to the highest level in five years, piling more pressure on Chancellor Rachel Reeves over the nation’s public purse.

Politics

29 h. ago More woe for Reeves as government borrowing hits new September record outside of Covid with MPs clamouring for 'wealth taxes' at Budget

Public sector net borrowing was £20.2billion last month, £1.6billion higher than the same period a year earlier.

Economics

29 h. ago FTSE 100 Live 21 October: Borrowing highest since 2020, index maintains progress

Government borrowing rose in September to the highest level in five years, piling more pressure on Chancellor Rachel Reeves over the nation’s public purse.

Politics

29 h. ago UK Government borrowing surges to highest September figure in five years

Public sector net borrowing rose to £20.2 billion last month, £1.6 billion higher than the same month last year.

Politics

30 h. ago UK Government borrowing surges in September to highest in five years

Public sector net borrowing rose to £20.2 billion in September, £1.6 billion higher than the same month last year.

Politics

3 d. ago How the west can stop the global south being strangled by debt | Heather Stewart

Labour would do well to remember its manifesto promise to revive Britain’s global leadership on developmentWith borrowing costs rising and western governments including the UK cutting their aid budgets, unsustainable debts are driving a development crisis across the global south.In the latest evidence, Ethiopia last week faced the threat of being sued by its creditors in the English courts, after long-running negotiations about restructuring $1bn (£740m) of its debt collapsed. Continue reading...

Events

5 d. ago Eddie Hearn makes shock revelation over Anthony Joshua’s comeback fight

Joshua has not fought since his loss to Daniel Dubois in September 2024, having since undergone surgery

Events

5 d. ago Gilts stage rally as Reeves looks at tax rises and spending cuts

UK 10-year government borrowing costs see biggest weekly fall since April

Economics

1 week ago Anthony Joshua receives offer to make boxing return in Nigeria and vows to knock Tyson Fury ‘spark out’

ANTHONY JOSHUA could make his boxing return in Nigeria - before focussing on settling his drawn out score with Tyson Fury. AJ is plotting a comeback having not fought since his September 2024 knockout loss to Daniel Dubois. He had elbow surgery in the summer but has returned to training - also meeting with Eddie...

Sport

1 week ago ‘The debasement trade’: is this what’s driving gold, bitcoin and shares to record highs?

Investors fear governments will not – or cannot – rein in borrowing so are putting their money elsewhereNils Pratley: the AI valuation bubble is now getting sillyInvestors are piling into assets such as gold, bitcoin and shares amid worries about government debt, central bank independence, and the weakness of major currencies such as the dollar. The trade has even been given a moniker: the “debasement trade”. But what does it mean? Continue reading...

Politics

2 w. ago Chancellor given £2bn Budget boost after VAT error sees borrowing revised down

The ONS admitted that errors in VAT data meant that government borrowing estimates have been over-stated by between £200 million and £500 million.

Economics

2 w. ago ONS revises down UK government borrowing by £2bn after VAT error

Statistics agency reduces estimate for current fiscal year weeks ahead of Rachel Reeves’ Budget

Economics

2 w. ago ONS revises down government borrowing estimates after data error

Office for National Statistics says there was an error in VAT receipts used to calculate the figures

Politics

3 w. ago Andy Burnham calls for UK to rejoin EU within his lifetime and rejects claim he is fiscally irresponsible – UK politics live

Mayor of Greater Manchester says he would have to be ‘wrenched’ out of city and says he wants UK to rejoin EUIn her Today interview Rachel Reeves was asked about a FT report saying she will urge business leaders to highlight the risks of a Reform UK government in her speech later.The FT say Reeves will tell the Labour conference.Who is standing up for Britain’s stability. A Labour government that is resolute in cutting interest rates and borrowing or a Reform party that cheered on Liz Truss’ mini-budget?Who is standing up for Britain’s businesses? A Labour government that is forging a closer relationship with our nearest trading partners or a Reform party that talks Britain down and is hungry to cut us off from the world? Continue reading...

Politics

3 w. ago Andy Burnham says Labour leadership is too ‘factional’ – UK politics live

Mayor of Greater Manchester says he cannot recall anyone having the whip withdrawn for disagreements over policy in Blair and Brown erasIn her Today interview Rachel Reeves was asked about a FT report saying she will urge business leaders to highlight the risks of a Reform UK government in her speech later.The FT say Reeves will tell the Labour conference.Who is standing up for Britain’s stability. A Labour government that is resolute in cutting interest rates and borrowing or a Reform party that cheered on Liz Truss’ mini-budget?Who is standing up for Britain’s businesses? A Labour government that is forging a closer relationship with our nearest trading partners or a Reform party that talks Britain down and is hungry to cut us off from the world? Continue reading...

Politics

3 w. ago Reeves says she won’t take economic risks, hints at hard choices, and warns Reform will threaten living standards – UK politics live

Chancellor references chaos under Liz Truss but says some people ‘peddle idea we can abandon economic responsibility’In her Today interview Rachel Reeves was asked about a FT report saying she will urge business leaders to highlight the risks of a Reform UK government in her speech later.The FT say Reeves will tell the Labour conference.Who is standing up for Britain’s stability. A Labour government that is resolute in cutting interest rates and borrowing or a Reform party that cheered on Liz Truss’ mini-budget?Who is standing up for Britain’s businesses? A Labour government that is forging a closer relationship with our nearest trading partners or a Reform party that talks Britain down and is hungry to cut us off from the world? Continue reading...

Events