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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
Revealed: Latest unemployment and claimant count figures for the West Midlands
The West Midlands claimant count covering those claiming unemployment benefits stood at 207,945 last month, with the figure ...
UK borrowing hits highest December level for four years
Borrowing - the difference between spending and tax revenue- was £17.8bn last month.
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Revealed: Latest unemployment and claimant count figures for Shropshire
The UK and West Midlands have seen a rise in unemployment, official figures have revealed. The jobless rate rose unexpectedly ...
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Inflation dip marks a welcome surprise for Rachel Reeves
Rachel Reeves has found brief respite this morning, with the Office for National Statistics confirming that inflation dipped ...
Fresh blow for Rachel Reeves as unemployment soars - but there's a reprieve for workers
The rate of UK unemployment rose to 4.4% in the three months to November from 4.3% in the three months to October, the Office for National Statistics said, in a fresh blow to Rachel Reeves.