Britain’s public debt burden is projected to exceed £3.5trillion by the 2030–31 financial year, according to new forecasts from the Office for Budget Responsibility (OBR). Annual interest costs are ...

Alongside them are currency traders, who buy and sell the pound based on how they view the UK’s economic outlook. Their ...

Clacton’s MP has confirmed no immediate tax cuts, but more support for businesses if Reform takes the reins of Britain.

The budget is unlikely to cool inflation in a sustained manner that would open the way for many more rate cuts, economists ...

In the end it was the old-fashioned Labour tax-and-spend Budget. But it was even worse marked a new era for Britain in which ...

RATTLED Rachel Reeves today insisted an eye-watering splurge on benefits funded by tax rises will not be her political ...

With a consistent poll lead over the major parties and a vote share of about 30 per cent, scrutiny turns to Reform UK's ...

The national debt stands at £2.8trillion but is set to pass £3trillion next year and top £3.5trillion in 2030-31, according ...

Europe is considering seizing billions in Russian assets to support Ukraine, as proposed by U.S. President Donald Trump ...

The broad sweep would take total public sector receipts to 1.5 trillion pounds and 42.4% of GDP by 2030-31 and will raise the ...

Britain's Debt Management Office nudged up its gilt issuance plans for this financial year to the second-highest on record, but the smaller-than-expected increase and the cancellation of some ...

In announcing the measures, Rachel Reeves, the top economic official in an increasingly unpopular government, cited the ...