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 ...
Borrowing surges by more than forecast in blow to Chancellor
The Office for National Statistics said public sector net borrowing stood at £17.8 billion last month, up £10.1 billion on a ...
Blow to Reeves as UK borrowing unexpectedly jumps
Borrowing - the difference between spending and tax revenue - was £17.8bn last month, putting more pressure on the chancellor ...
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 ...
Chancellor under pressure over state of public finances as borrowing soars again
The Office for National StatisticsThe attributed this increase largely to skyrocketing debt interest payments, which have ...
Borrowing hits a four-year high for December
The official figures are released as the chancellor's stewardship of the public finances remains under intense scrutiny at a ...
FTSE 100 LIVE: Stocks rise as UK borrowing jumps unexpectedly
The FTSE 100 ( ^FTSE) and European stocks were higher on Wednesday as UK government borrowing rose more than expected in ...
UK economy: Borrowing overshoots expectations as interest bill spikes
Government borrowing overshot expectations last month, new figures show, as ministers promised to take a hard line on ...
Liberal Democrats1h
Borrowing figures: Another sign the Chancellor's Budget has not worked
Responding to figures from the Office for National Statistics (ONS) showing UK borrowing has hit its highest December level for four years, Liberal Democrat Treasury Spokesperson, Daisy Cooper MP said ...
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 ...