Government borrowing surges to 3.1bn as Reeves faces growing pressure to raise taxesUK public sector borrowing rose unexpectedly in July, complicating budget preparations for newly appointed Chancellor Rachel Reeves.
Rachel Reeves to introduce new debt rule, unlocking 50bn for UK investmentUK introduces a new investment debt rule to support long-term capital projects while maintaining fiscal discipline.
Government borrowing surges to 3.1bn as Reeves faces growing pressure to raise taxesUK public sector borrowing rose unexpectedly in July, complicating budget preparations for newly appointed Chancellor Rachel Reeves.
Rachel Reeves to introduce new debt rule, unlocking 50bn for UK investmentUK introduces a new investment debt rule to support long-term capital projects while maintaining fiscal discipline.
Treasury warns of difficult decisions in budget after September borrowing riseThe UK government must make tough budget decisions due to increased borrowing and public sector pay pressures, against a backdrop of inherited financial challenges.