UK Government Borrowing Soars Above Forecasts as December Deficit Hits £17.8…
The British government's borrowing reached £17.8 billion in December, marking the highest December deficit since…
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public spending
Major Railway Projects Face Spending Freeze Beyond Next General Election
Labour's shadow chancellor Rachel Reeves is poised to implement a significant freeze on major railway project…
Labour Chancellor Considers Deeper Public Service Cuts as UK Borrowing Costs Hit…
Rachel Reeves is weighing significant reductions to public services as the UK's borrowing costs surge to levels not…
UK Government Borrowing Costs Soar to 25 Year High Putting Pressure on Chancellor
Rising government borrowing costs have pushed UK gilt yields to their highest level since 1998, potentially forcing…
Benefits Crisis Looms as UK Welfare System Faces £100 Billion Pound Cost by 2030
The UK's welfare system is facing unprecedented strain as benefits claimants increasingly discover higher payments…
British Tax Burden Inches Closer to European Union Average in Historic Shift
The United Kingdom's escalating tax burden has pushed government revenues nearer to European Union levels than…