The Bank of England is closely monitoring market movements following heightened volatility in the government bonds market. Governor Andrew Bailey disclosed to MPs that the Bank will “seriously” consider recent
The Bank of England is closely monitoring market movements following heightened volatility in the government bonds market. Governor Andrew Bailey disclosed to MPs that the Bank will “seriously” consider recent
Britain’s chancellor Rachel Reeves finds herself under intense scrutiny as tax speculation casts a shadow over the summer, putting pressure on the government ahead of its anticipated autumn budget. Each
The debate over the role and relevance of the Office for Budget Responsibility (OBR) has intensified as the UK’s fiscal framework faces fresh scrutiny. The New Economics Foundation (NEF), a
Rachel Reeves, the Chancellor, is weighing up whether to reduce the limit on the tax-free pension lump sum as she grapples with a public finance gap estimated at up to
The Bank of England has lowered the UK base interest rate by 0.25 percentage points to 4 per cent, marking the lowest level in over two years. The decision was
The belief that rising immigration alone can resolve Britain’s sluggish economic growth and mounting fiscal pressures has been challenged by a leading figure at the Office for Budget Responsibility. David
Britain stands at a potential turning point in its approach to wealth and fairness. A group of leading economists, including renowned French authority on inequality Thomas Piketty and Indian development
The UK government’s borrowing increased dramatically in June, reaching £20.7 billion. This figure surpassed analysts’ expectations, which had estimated a borrowing of £17.5 billion. The Office for National Statistics (ONS)
Rachel Reeves has been cautioned by the head of the Office for Budget Responsibility (OBR) that Britain’s high levels of debt and increasing reliance on taxation could stifle economic growth.
Britain’s economy experienced an unexpected contraction in May 2025, highlighting the mounting challenges facing Chancellor Rachel Reeves amidst growing speculation of impending tax rises in the autumn budget. Official data
The UK economy experienced an unexpected decline of 0.1% in May, casting a shadow over Chancellor Rachel Reeves’s preparations for the upcoming autumn budget. The disappointing data arrives at a
Britain’s economic outlook has darkened considerably as the Office for Budget Responsibility (OBR) issues stark warnings about the nation’s fiscal stability. The government’s watchdog has signalled that existing commitments, including
The Labour government faces significant fiscal challenges following a major policy reversal on welfare cuts, leaving Chancellor Rachel Reeves grappling with a £6.25 billion hole in public finances. The dramatic
Public sector borrowing in the UK reached £17.7 billion in May, marking a concerning increase from £17 billion in the previous year and settling as the second-highest May figure ever
The Organisation for Economic Co-operation and Development (OECD) has issued a warning that the UK’s economy faces significant risks to its fiscal rules amid deteriorating growth prospects. The chancellor, Rachel
The UK is bracing for slower economic growth over the next two years, according to a forecast released by the Organisation for Economic Co-operation and Development (OECD). The economic outlook






