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      Diesel crisis: UK minister holds emergency talks with US Energy Secretary

      Miatta Fahnbulleh, CEO of New Economics Foundation, looking thoughtful during discussions on diesel prices.

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      Manchester City appointed new CFO just days before Premier League guilty verdict

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      ‘The world of Cat TV is more cut throat than you would ever imagine’ – inside the strange business of TV… for cats

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governement debt

  • 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 [...]

    The government set out over £40bn of tax rises at last month's Autumn Budget
  • Economists warn of tax hikes after borrowing blow

    Economics

    Figures from the Office for National Statistics (ONS) showed that tax receipts fell short of expectations in January due to the sluggish performance of the UK economy.

    The government's commitment to the triple lock has raised industry concerns
  • Investors ‘are losing confidence’ in the UK economy

    Economics

    The yield on the benchmark 10-year gilt, which reflects the cost of borrowing, hit 4.78 per cent on Wednesday afternoon, a post-financial crisis high.

    The government's commitment to the triple lock has raised industry concerns

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  • As it happened: FTSE 100 gives up gains as oil rises despite emergency release; UK GDP revised

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