#government-borrowing
#government-borrowing
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fromLondon Business News | Londonlovesbusiness.com
5 hours agoUK bond market issuing Truss-era warning to Rachel - London Business News | Londonlovesbusiness.com
UK long-term borrowing costs have surged to near 1998 highs, forcing Chancellor Reeves to consider tax rises, spending cuts, or both to restore fiscal credibility.
fromBusiness Matters
1 week agoUK government borrowing lower than forecast in July as tax receipts rise
Government borrowing came in well below expectations in July, offering some short-term relief to chancellor Rachel Reeves as she prepares her autumn budget. Public sector net borrowing totalled £1.1 billion last month, the Office for National Statistics (ONS) said - less than half the £2.6 billion forecast by economists and below the Office for Budget Responsibility's (OBR) £2.1 billion projection.
UK politics
fromwww.theguardian.com
3 months agoTesla sales halve in Europe; markets welcome US delay to EU 50% tariffs business live
Bond prices in Europe are rising, leading to lower government borrowing costs.
The UK government is shifting toward shorter-term borrowing to ease financial pressure.
UK share prices are increasing after positive trade news from the US.
Food inflation in the UK has consistently risen for four months.
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