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UK public borrowing higher than official forecast
UK public borrowing rises to £16.6bn in September, higher than official forecast, in sign of budget pressures – business live
UK has borrowed £79.6bn this financial year, £1.2bn more than a year ago, which is the third highest year-to-September borrowing since January 1993.
Budget 2024 latest: Reeves facing £16.6m peak in UK borrowing due to public sector pay rises
The ONS figures also show that spending on benefits is down to a two-year low, decreasing by £2 billion to £25.7 billion. The department says a large part of this is due to the cutback of winter fuel payments and removal of cost of living payments.
UK borrowing tops official forecasts again as Reeves readies budget
British public borrowing in the first six months of the tax year came in higher than official forecasts, data showed on Tuesday, underscoring the challenge facing finance minister Rachel Reeves in her first budget next week.
23m
on MSN
UK borrowing overshoot highlights budget pressure on Reeves
By William Schomberg LONDON (Reuters) -British public borrowing in the first six months of the tax year came in higher than ...
23h
on MSN
Swinney calls for investment boost in UK budget
First Minister John Swinney has urged the UK government to change fiscal rules so it can borrow more to fund public services.
30m
Who is Rachel Reeves? Everything we know about the UK’s first female chancellor
Rachel Reeves is set to unveil her first budget as chancellor next week, which she said will involve ‘tough decisions’ to ...
13h
US election, geopolitics and UK budget fears dent global vacancies, survey shows
Global employers reported a fall in white-collar vacancies in September, a survey showed on Tuesday citing factors including ...
1h
on MSN
October Budget predictions: When is it and what taxes will Labour raise?
Chancellor Rachel Reeves will present the Government’s first Budget to Parliament on October 30. Traditionally, the ...
1h
on MSN
Labour blasted over farming Brexit betrayal ahead of looming budget
George Freeman MP said: "On the cusp of cutting the nature-friendly farming budget by £100 million, Labour’s promise to ...
1d
Budget Nerves Mute UK’s Usual Autumn Rise in Home Asking Prices
Buyer “jitters” ahead of Chancellor of the Exchequer Rachel Reeves’ first budget this month are muting a typical autumn ...
18h
Starmer government readies brutal UK austerity budget
Reeves trailed her budget cuts at last week’s International Investment Summit, saying that Labour’s mission of “being the ...
1d
Labour tax hikes at Budget could damage UK competitiveness and growth, think tank warns
Labour tax hikes at the upcoming Budget could damage UK competitiveness and growth, a leading think tank has warned. Britain ...
5h
UK borrowing soars as Reeves scrambles to plug £40bn black hole
The Treasury’s borrowing has risen as Rachel Reeves scrambles to fill a £40bn black hole in the public finances. The ...
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United Kingdom
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