Other economists argue that big economies like the UK could borrow much more than they currently do, and the negative impact is greatly exaggerated. The government has decided to stick to its ...
The challenge facing Chancellor Rachel Reeves ahead of her first Budget has been laid bare after figures revealed government borrowing in ... Rob Wood, chief UK economist at Pantheon ...
The increased borrowing means the UK's national debt stood at 98.5% of its economic output at the end of September, a slight drop from the month before but still around levels last seen in the ...
Despite the spending overshoot, Rob Wood, chief UK economist at Pantheon Macroeconomics, said Reeves' decision to cut winter fuel payments for pensioners appeared to have helped bring borrowing in ...
UK government borrowing hit £36.1bn in September as the UK continued its heavy spending to support the economy during the coronavirus pandemic. At the same time, the Treasury scrapped a three ...
Government borrowing rose last month ... forecast by the Office for Budget Responsibility (OBR), which monitors the UK government’s spending plans and performance.
The UK government has set out its “guardrails” for investment to reassure bond investors as chancellor Rachel Reeves prepares a multibillion-pound borrowing programme to fund capital spending.