UK bond market in turmoil as budget changes calculus of interest ratesUK borrowing costs are rising following Chancellor Rachel Reeves's proposal for increased government borrowing of £32bn, impacting bond market yields significantly.
UK government debt highest since 1962UK's national debt at highest level since 1962, reaching 99.5% of the economy in June amid higher-than-expected borrowing, posing challenges for the new Chancellor in managing public finances.
Pound falls further as borrowing costs rise againThe pound has significantly dropped against the dollar as government borrowing costs rise to their highest levels since 2008.
Blow to Reeves as UK borrowing unexpectedly jumpsUK government borrowing in December hit a four-year high, raising concerns over economic stability and potential spending cuts.
UK borrowing overshoot stokes fears over fiscal rulesGovernment borrowing exceeded expectations in December, reaching £17.8 billion due to rising public expenditure amidst high inflation.
Sir Martin Sorrell warns business leaders confidence in the Chancellor has 'deteriorated quite seriously' - London Business News | Londonlovesbusiness.comUK warned of potential 'debt death spiral' as government borrowing hits record levels.
UK bond market in turmoil as budget changes calculus of interest ratesUK borrowing costs are rising following Chancellor Rachel Reeves's proposal for increased government borrowing of £32bn, impacting bond market yields significantly.
UK government debt highest since 1962UK's national debt at highest level since 1962, reaching 99.5% of the economy in June amid higher-than-expected borrowing, posing challenges for the new Chancellor in managing public finances.
Pound falls further as borrowing costs rise againThe pound has significantly dropped against the dollar as government borrowing costs rise to their highest levels since 2008.
Blow to Reeves as UK borrowing unexpectedly jumpsUK government borrowing in December hit a four-year high, raising concerns over economic stability and potential spending cuts.
UK borrowing overshoot stokes fears over fiscal rulesGovernment borrowing exceeded expectations in December, reaching £17.8 billion due to rising public expenditure amidst high inflation.
Sir Martin Sorrell warns business leaders confidence in the Chancellor has 'deteriorated quite seriously' - London Business News | Londonlovesbusiness.comUK warned of potential 'debt death spiral' as government borrowing hits record levels.
Starmer and Reeves navigate tricky economic backdropMarkets currently view Starmer and Reeves's economic plan unfavorably, which adds pressure to the Labour government's stability.
Reeves heads to China amid market trouble at homeChancellor Rachel Reeves aims to enhance UK-China trade relations despite domestic economic scrutiny over rising borrowing costs.
Debt rule to change to fund major projectsThe Treasury is set to relax its debt rule for increased borrowing to fund infrastructure projects, ensuring independent oversight to improve efficiency.
Reeves heads to China amid market trouble at homeChancellor Rachel Reeves aims to enhance UK-China trade relations despite domestic economic scrutiny over rising borrowing costs.
Debt rule to change to fund major projectsThe Treasury is set to relax its debt rule for increased borrowing to fund infrastructure projects, ensuring independent oversight to improve efficiency.
Borrowing higher since pandemic which could lead to tax rises in the Autumn Budget - London Business News | Londonlovesbusiness.comGovernment borrowing rose to £51.3 billion in July, the highest since 2021, spurring speculation about potential tax increases in the Autumn Budget.
Government borrowing in August highest since CovidGovernment borrowing reached its highest level for August since the Covid pandemic, driven by increased spending outpacing tax revenue.
Public sector pay deals help drive up UK borrowingGovernment borrowing increased significantly in October due to record debt interest payments and rising public sector pay, indicating fiscal challenges ahead.
Borrowing higher since pandemic which could lead to tax rises in the Autumn Budget - London Business News | Londonlovesbusiness.comGovernment borrowing rose to £51.3 billion in July, the highest since 2021, spurring speculation about potential tax increases in the Autumn Budget.
Government borrowing in August highest since CovidGovernment borrowing reached its highest level for August since the Covid pandemic, driven by increased spending outpacing tax revenue.
Public sector pay deals help drive up UK borrowingGovernment borrowing increased significantly in October due to record debt interest payments and rising public sector pay, indicating fiscal challenges ahead.
UK borrowing for September third highest on recordUK government borrowing in September reached £16.6bn, indicating financial struggles with higher spending relative to tax revenues.
Rachel Reeves warned she could spook markets if she presses ahead with borrowing planBorrowing billions for infrastructure might destabilize markets, resembling past fiscal mishaps.Market sentiment dictates borrowing capacity, not just governmental fiscal adjustments.
UK borrowing for September third highest on recordUK government borrowing in September reached £16.6bn, indicating financial struggles with higher spending relative to tax revenues.
Rachel Reeves warned she could spook markets if she presses ahead with borrowing planBorrowing billions for infrastructure might destabilize markets, resembling past fiscal mishaps.Market sentiment dictates borrowing capacity, not just governmental fiscal adjustments.
EXPLAINED: Why train passengers in Germany could see major ticket price hikesGermany's rail network struggles due to outdated infrastructure and strict borrowing limits, leading to expected fare increases for passengers.
Steve Mnuchin Acknowledges MistakeMnuchin regrets introducing the 20-year Treasury bond due to increased interest expenses.
Why government debt is not like household borrowingComparing government borrowing to household budgeting may oversimplify complex economic concepts.