Government borrowing for financial year higher than expected
The government borrowed more than expected in the year to March due to increased spending on pay and benefits, according to official figures.Borrowing, the difference…
Government borrowing higher than expected in February
Getty ImagesUK government borrowing was higher than expected in February, adding pressure to Chancellor Rachel Reeves ahead of her Spring Statement next week.Borrowing - the…
Labour Fissures Over Cuts Test Starmer Vows on Tax and Borrowing
Breadcrumb Trail LinksPMN BusinessPrime Minister Keir Starmer is poised to slash the UK’s ballooning benefits bill next week, setting the scene for a moment of…
Government borrowing hits highest December level for four years
Government borrowing rose more than expected in December, hitting its highest level for the month for four years, official figures show.Borrowing - the difference between…
Cost of Britain’s borrowing hits 27 year high sparking fears of more tax hikes
THE cost of Britain’s borrowing hit a 27-year high yesterday — sparking fears of more tax rises.Squeezed Chancellor Rachel Reeves is “within a whisker” of…
Government borrowing lower than expected in November
Getty ImagesGovernment borrowing fell in November from a year earlier as more money was raised from taxes and less was spent on the country's debt…
Joe Biden mocked for ‘borrowing Donald Trump’s fake tan’ in ABC interview as he struggles to recover from dismal debate
PRESIDENT Joe Biden has been slammed for having a Trump-like tan in his first interview since floundering through a disastrous presidential debate. Biden, 81, came…
France’s borrowing costs rise on Macron’s snap election decision
Investors are fleeing French markets amid uncertainty following President Macron's decision to call an early parliamentary election. ADVERTISEMENTBorrowing costs for the French government on Tuesday…
Global Savings Glut’s Demise Threatens Higher Borrowing Costs
Breadcrumb Trail LinksPMN BusinessBen Bernanke’s global savings glut is drying up. Long-term interest rates worldwide may be heading higher as a result.Author of the article:Bloomberg…