‘The government aren’t the experts’: Liberal Democrats vow to push back controversial Pension Schemes Bill
UK government borrowing blows past estimates on Labour’s spending plans Economics Government borrowing spiked in April, official data has shown, reflecting Rachel Reeves’s difficulties in controlling public finances. The rise to £20.2bn in monthly borrowing was more than economists’ prediction of £18bn. Capital Economics suggested that the rise in borrowing costs since March via debt interest payments has slashed Reeves’ headroom down to £5.7bn. Tax receipts [...]
What is a gilt? And why should you care? Economics Investors have been drawing comparisons to the bond market meltdown following Liz Truss's mini-Budget as well as the IMF bailout way back in 1976.