The United Kingdom faces a significant fiscal challenge as the National Lottery appears set to deliver substantially lower revenues than projected, creating an estimated £8 billion shortfall in Treasury receipts
The United Kingdom faces a significant fiscal challenge as the National Lottery appears set to deliver substantially lower revenues than projected, creating an estimated £8 billion shortfall in Treasury receipts
The United Kingdom has endured a challenging 2025, with stagnant growth, persistent inflation, and nervous bond markets contributing to a decidedly subdued economic mood. Despite these difficulties, there are emerging
Government borrowing in the United Kingdom surged to £132.3 billion between April and November, marking the second-highest level for this period, according to the latest figures from the Office for
Recent trading activity suggests that market confidence in Sir Keir Starmer and Chancellor Rachel Reeves has strengthened, signalling an end to the elevated risk premium that has burdened UK government
Rachel Reeves, Chancellor, appeared to have steadied bond market nerves after her latest Budget, implementing a broad range of tax increases to reassure investors. However, developments in Japan now threaten
The Governor of the Bank of England has issued a warning over recent criticism of the Office for Budget Responsibility amid rising tensions between the fiscal watchdog and Chancellor Rachel
Allegations have surfaced that Chancellor Rachel Reeves misrepresented the state of the United Kingdom’s finances in the lead up to the recent Budget, creating a narrative of a significant deficit
Britain’s economic calendar has become crowded with fiscal events, creating an unusual level of anticipation and controversy that distinguishes it from most other major economies. The spectacle of spring statements
At just after half past twelve on Wednesday, the UK bond market will be poised to react as Chancellor Rachel Reeves unveils her much-anticipated budget. In an era dominated by
The Chancellor Rachel Reeves has found herself with limited choices in crafting the next Budget, resorting to an array of minor tax increases as plans to raise income tax rates
During the financial crisis of 2009, economic research briefed global policymakers on the dangers of excessive public debt. The book “This Time is Different” by Kenneth Rogoff and Carmen Reinhart
The Treasury is preparing to cover almost £5 billion in losses made by the Bank of England by the end of the decade as a result of its ongoing gilt
Rachel Reeves is grappling with a significant fiscal setback after the Office for Budget Responsibility opted to lower its outlook for UK productivity growth. This revision is projected to widen
Once regarded as anchors of financial stability within the eurozone, Germany and France are now contending with turbulence that has upended old perceptions. These two former bastions, once considered the
The European Union is forecast to surpass the United Kingdom in economic growth, driven by stability across the bloc and mounting uncertainty in British fiscal policy. According to Brussels, EU
British government borrowing costs have fallen noticeably, while sterling weakened, as Chancellor Rachel Reeves unveiled a steadfast commitment to fiscal stability ahead of the upcoming budget. Investors flocked to gilts






