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UK public borrowing exceeds official forecast
UK public borrowing rises to £16.6bn in September, higher than official forecast, in sign of budget pressures – business live
UK has borrowed £79.6bn this financial year, £1.2bn more than a year ago, which is the third highest year-to-September borrowing since January 1993.
UK Borrowing Tops Official Forecasts Again as Reeves Readies Budget
In September alone borrowing stood at 16.6 billion pounds, less than a median forecast of 17.5 billion pounds in a Reuters poll of economists but higher than the OBR's projection of 15.1 billion pounds made earlier this year. It was the third biggest September borrowing total since records began in 1993.
UK public borrowing exceeds official forecast in September
UK public sector borrowing increased in September and was higher than official forecasts, underlining the scale of the challenges facing chancellor Rachel Reeves as she prepares to raise taxes in next week’s Budget.
7h
IMF raises UK's 2024 GDP growth forecast as Reeves readies budget
Adjusted for population growth, Britain's economic performance is less impressive. The IMF estimates British GDP per head ...
9h
When will the UK budget be announced and what could it include?
Rachel Reeves will deliver Labour's first budget in 14 years on October 30, 2024, facing tough decisions to address a £40bn ...
2h
Labour not trusted by public on taxes amid fears of Budget bombshell
Gareth Davies, Shadow Exchequer Secretary, warned: “If the rumours are to be believed, this country might be facing the most ...
8h
on MSN
UK borrowing overshoot highlights budget pressure on Reeves
By William Schomberg LONDON (Reuters) -British public borrowing in the first six months of the tax year came in higher than ...
1d
on MSN
Swinney calls for investment boost in UK budget
First Minister John Swinney has urged the UK government to change fiscal rules so it can borrow more to fund public services.
5h
When is the UK's Autumn Budget? all you need to know
The 2024 Autumn Budget will be held on Wednesday, October 30 shortly after 12:30pm. This is expected to last approximately an hour. The last budget was held under the previous government and took ...
21h
US election, geopolitics and UK budget fears dent global vacancies, survey shows
Global employers reported a fall in white-collar vacancies in September, a survey showed on Tuesday citing factors including ...
1d
Budget Nerves Mute UK’s Usual Autumn Rise in Home Asking Prices
Buyer “jitters” ahead of Chancellor of the Exchequer Rachel Reeves’ first budget this month are muting a typical autumn ...
1d
Labour tax hikes at Budget could damage UK competitiveness and growth, think tank warns
Labour tax hikes at the upcoming Budget could damage UK competitiveness and growth, a leading think tank has warned. Britain ...
13h
UK borrowing soars as Reeves scrambles to plug £40bn black hole
The Treasury’s borrowing has risen as Rachel Reeves scrambles to fill a £40bn black hole in the public finances. The ...
3d
Reeves Puts Bond Market Over UK Ministers in High-Risk Budget
Rachel Reeves’ first challenge when it comes to delivering a delicately balanced UK budget at the end of the month is winning ...
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Rachel Reeves
United Kingdom
Keir Starmer
Labour Party
Financial Times
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