UK budget deficit surges in December as debt interest hits
Britain ran a bigger-than-expected budget deficit in December, swelled by debt interest and a one-off purchase of military ...
UK Borrowing Jumps in December as Debt Interest Climbs
(Reuters) - Britain ran a bigger-than-expected budget deficit in December, swelled by debt interest costs and a one-off ...
U.K. Government Borrowing Jumps as Interest Payments Rise
The budget deficit surged in the final month of 2024, underlining the challenge facing the government in meeting its fiscal ...
Murder teen's mum calls for 'hidden homicide' data
The mother of a teenager who was murdered by her ex-partner is campaigning for the government to include "hidden homicides" ...
Working from home 'not proper work' - ex-Asda boss
Working from home is creating a generation who are "not doing proper work", the former boss of Marks and Spencer and Asda has ...
U.K. Economy Returns to Growth, But Faces Uncertain Outlook
GDP was 0.1% higher in November than it was in October, but that is unlikely to mark the start of a recovery that will be ...
Sterling drops as weak retail sales add to stagnation woes
The pound dropped against the dollar and euro on Friday, after data showed that British retail sales fell unexpectedly in ...
Chancellor urges regulators to ‘tear down’ red tape in bid for growth
It came after fresh data from the Office for National Statistics (ONS) showed that the UK economy grew by a ...
U.K. Government Borrowing Jumps as Interest Payments Rise — Update
Yields on U.K. government bonds--which are known as gilts--surged in early January, and although they have since fallen back somewhat, they remain above the levels assumed by the OBR when it was ...
Labour faces fresh 'Stagflation' fears: Jobs and vacancies dip while pay gathers pace - making it harder for BoE to cut interest rates to help stalling economy
Fears over 'Stagflation' were fuelled today as figures showed jobs and vacancies dipping while pay gathered pace. Numbers on ...
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Surprise flop in retail sales in December after ‘poor’ month for supermarkets
The volume of retail sales, which measures the quantity bought, fell by 0.3% in December, the Office for National Statistics ...
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UK budget deficit soars on debt costs in setback for Reeves
DEBT interest costs pushed up UK government borrowing more than predicted last month, putting Chancellor of the Exchequer Rachel Reeves on course to overshoot official forecasts this year. Read more ...