The Chancellor has been warned against another tax raid after forecasts revealed she could be on course for a Budget deficit.

UK faces debt crisis, increasing deficits and dwindling tax base. Ray Dalio warns of a self-reinforcing cycle of economic ...

The Office for Budget Responsibility (OBR) has found that Ms Reeves is on course for a Budget deficit thanks to her decisions ...

Rachel Reeves' attempts to shore up the public finances through tax hikes are "unlikely to succeed," according to Oxford Economics.

The GDP surprise has boosted the pound, and GBP/USD is back above $1.25, as a double whammy of good news, including the Ukraine/ Russia peace talks also give hope that energy costs could fall. We ...

(Bloomberg) -- Debt costs pushed up UK government borrowing more than forecast last month, highlighting the fiscal challenges facing Chancellor of the Exchequer Rachel Reeves. The budget deficit ...

The UK economy has been in the news for the wrong reasons in recent weeks. UK growth has petered out after a promising start ...

However, trade deficits are not a problem — they are merely a symptom of something more worrisome: Our persistent large budget deficits. In fact, as long as we continue to spend beyond our means as a ...

(RTTNews) - The UK budget deficit more than doubled in December largely due to interest payments, highlighting the challenges faced by Chancellor Rachel Reeves amid high borrowing costs and weaker ...

(RTTNews) - The UK budget deficit more than doubled in December from the last year as increases in spending were much larger than increases in receipts, the Office for National Statistics said ...

UK borrows 17.8 bln pounds in December Economists ... Britain ran a bigger-than-expected budget deficit in December, swelled by debt interest costs and a one-off purchase of military homes ...