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borrowing

  • Growth, inheritance tax and Natwest: Five subplots from the latest borrowing figures

    August 21, 2024

    New figures show that the government borrowed more than expected in July as spending on public services increased faster than tax receipts.

  • Government borrowing exceeds estimates as public sector spending jumps

    August 21, 2024

    Monthly borrowing figures will be closely watched over the coming months for clues about how much Labour will raise taxes in October's Budget.

  • UK government borrows more than expected as debt pile grows

    July 19, 2024

    The governement borrowed more than expected during the month of June.

  • Next government will have to increase taxes ‘aggressively’ or ‘do a Liz Truss’

    June 25, 2024

    UK government debt could be at risk of a sell-off if the next government needs to increase borrowing by more than expected, a major investor in gilts has warned.

  • UK borrowing totalled £15bn last month as debt nears 100 per cent of GDP

    June 21, 2024

    In fresh figures from the ONS, public sector net debt, excluding public sector banks, was just under 100 per cent of total GDP.

  • UK credit card debt jumps as household finances squeezed in warning sign for the economy

    March 18, 2024

    Outstanding debt on UK credit cards jumped nearly 10 per cent last year, according to new data, as households turned to borrowing amid inflationary pressures and the cost-of-living crisis.

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