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Government borrowing

UK’s cost of borrowing on international markets overtakes Greece and Italy

Britain’s cost of borrowing on international money markets has jumped above the rates paid by Greece and Italy as...

City braces for more volatility after mini-budget rocks pound

City investors are bracing for more volatility after the bonanza of tax cuts and spending measures in Kwasi Kwarteng’s...

Truss’s go-for-broke gamble means Labour inherits economic mess if it wins election | Larry Elliott

L abour tends to come to power with the economy in poor shape. That was the case for...

Kwarteng accused of reckless mini-budget for the rich as pound crashes

Kwasi Kwarteng has been accused of delivering a reckless mini-budget for the rich after his £45bn tax-cutting package sent...

UK’s mounting debts unsustainable if sweeping tax cuts go ahead, warns IFS

Britain’s mounting debts will be unsustainable if the government presses ahead with sweeping tax cuts in a mini-budget on...

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