Borrowing - the shortfall between tax revenues and spending - hit £17.8 billion in December, £10.1 billion up on last year ...

Rachel Reeves was warned the economy could enter a “doomed loop” after borrowing surged to a new high in a fresh blow to the ...

As Rachel Reeves woos the business elite in Davos, official figures showed the public sector racking up another £17.8bn of ...

“Rachel Reeves is thinking the right way but she’s in a difficult position,” said a senior UK bank executive in Davos . “Labour in the UK have made a lot of good decisions but it is very hard for them ...

Goldman Sachs has issued a new forecast that UK interest rates would fall from the current figure of 4.75 percent to 3.25 percent by spring of 2026.

Every Labour chancellor has a primal fear of falling foul of the financial markets – and with good reason. Stretching all the ...

Rachel Reeves faces a £20bn black hole in the public finances due to soaring interest rates and crumbling economic growth, ...

British finance minister Rachel Reeves said on Monday she would meet representatives from key financial services sectors, ...

Deputy governor Sam Woods told Keir Starmer that delivering economic growth and 'encouraging responsible risk-taking', was ...

Spare a thought for the Chancellor. She’s going through a tough time. The headlines at the moment are brutal. While Number 10 ...

British finance minister Rachel Reeves told Reuters today that she will announce changes if necessary in March to meet her ...

The disappointing retail data adds to the dim economic picture in the U.K. and to the challenges facing Finance Minister ...