UK government borrowing fell in November as the economy continued to generate healthy tax receipts and debt costs declined, a modest boost for Chancellor of the Exchequer Rachel Reeves weeks after she ...

UK's total goods and services trade deficit widened by £3.8B to £10.8B in the three months to November 2024, because of a larger fall in exports than imports. The value of goods imports decreased by ...

(Bloomberg) -- The UK boosted its borrowing plans after the government’s budget shortfall overshot forecasts, highlighting the constraints Chancellor Jeremy Hunt faces as he eyes pre-election tax cuts ...

UK government borrowing came in below forecast in the first two months of the fiscal year, a modest boost for Chancellor of the Exchequer Rachel Reeves as she faces growing questions over whether she ...

The UK current account deficit narrowed sharply to £12.1 billion from a previous £21.2 billion, an improvement of £9.1 billion. This represents a reduction of about 43%, marking a notable shift toward ...

The UK’s monthly real GDP rose by 0.1% in August 2025, following a downwardly revised 0.1% decline in July, in line with market expectations. Monthly GDP Y/Y decreased to 1.30% in August from 1.50% in ...

The United Kingdom faces a debt crisis, with soaring borrowing costs, rising deficits, and a shrinking tax base fueling concerns of a prolonged economic downturn. Ray Dalio, a renowned founder of ...

(RTTNews) - The UK budget deficit widened more than officially estimated in September and also hit the highest level for the month since 2021, the Office for National Statistics reported Tuesday.

LONDON, April 23 (Reuters) - Britain's government borrowed more than expected in the 2023/24 financial year, data showed on Tuesday, in bad news for Prime Minister Rishi Sunak who hopes to woo back ...

Scotland’s Finance Secretary has insisted the country’s finances are “sustainable” as figures showed spending levels were more than £26 billion higher than the amount raised in revenues. The latest ...

The UK intelligence service has said that the sharp decline in oil prices threatens Russia's ability to finance its planned budget for 2025. Source: UK Defence Intelligence review dated 7 May on X ...

LONDON (Reuters) - Markets are expecting July's public finances to show a small deficit in what is traditionally a surplus month for the government's coffers -- but there is reason to believe the ...