Chancellor Rachel Reeves ‘s financial headache has been inflamed by a surprise jump in borrowing in December, which leapt to a four-year high of nearly £18 billion.

The Office for National Statistics said public sector net borrowing stood at £17.8 billion last month, up £10.1 billion on a ...

UK borrowing reached £17.8bn in December, which was the highest figure for the month in four years, putting further pressure on Chancellor Rachel Reeves.

Debt costs pushed up UK government borrowing more than forecast last month, highlighting the fiscal challenges facing ...

Rachel Reeves has insisted the UK would continue to meet her “fiscal rules”, describing them as the “bedrock” of economic ...

Rachel Reeves was seeking to win over business chiefs in Davos to invest in Britain by portraying herself as the “Iron ...

(Reuters) - Britain ran a bigger-than-expected budget deficit in December, swelled by debt interest costs and a one-off ...

The Treasury borrowed more than expected last month to record the highest December sum for four years, official figures have ...

Marcus Bokkerink was replaced at the Competition and Markets Authority late on Tuesday by Amazon’s former boss, Doug Gurr, on an interim basis. Chancellor Rachel Reeves said the Government needed ...

Public-sector borrowing stood at £17.8 billion ($21.9 billion) last month, a £10 billion increase from December 2023, the Office for National Statistics said.