Government borrowing

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Soaring inflation pushes interest payments on UK debt to record high in June
Potential for future tax cuts narrows with budget deficit on course to top £100bn this year

Phillip Inman

21, Jul, 2022 @10:40 AM

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The Guardian view on Tory supply-siders: unhelpful in a cost of living crisis | Editorial
Editorial: Imaginative public spending is unlikely to feature in the Conservative leadership race, where tax cuts will be a key dividing line


10, Jul, 2022 @4:48 PM

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What cost of living crisis? Tory hopefuls’ fuss over tax cuts is devoid of reality
Candidates’ focus on reducing tax would throw petrol on the inflationary fire and turbocharge inequality

Richard Partington

10, Jul, 2022 @1:52 PM

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UK’s ‘unsustainable’ debt could reach 320% of GDP in 50 years, OBR warns
Taxes ‘must be raised to offset mounting cost of ageing population and falling fuel income’

Phillip Inman

07, Jul, 2022 @12:02 PM

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Soaring inflation pushes UK borrowing to £14bn in May
Interest on debt payment leaps 70% on a year ago to £7.6bn, a monthly record

Phillip Inman and Larry Elliott

23, Jun, 2022 @8:22 AM

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Labour urges spending watchdog to assess impact of chancellor’s £21bn package
Shadow Treasury secretary asks Office for Budget Responsibility to examine Rishi Sunak’s emergency cost of living measures

Aubrey Allegretti

30, May, 2022 @9:30 PM

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Sunak faces calls for help with living costs as budget deficit lower than forecast
Tax receipts are weaker than expected, revealing impact of UK’s slowing economy

Phillip Inman

24, May, 2022 @10:47 AM

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John Lewis boss calls for Covid-style cost of living aid package
Dame Sharon White follows Tesco head in urging UK government to help with rising energy and grocery bills

Mark Sweney

12, May, 2022 @8:22 AM

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Sunak urged to issue green bonds with higher returns if climate goals missed
Thinktank says following Chile’s example would give ministers greater incentive to meet targets

Larry Elliott Economics editor

02, May, 2022 @10:12 AM

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Sunak pours scorn on the OBR’s dire warnings – but the facts speak for themselves
The chancellor would prefer forecasts to be more upbeat, but the economic outlook is unremittingly bleak

Richard Partington

03, Apr, 2022 @10:38 PM

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UK living standards ‘to fall at fastest rate since mid-1950s’
Conditions unlikely to return to pre-Covid levels until at least 2024 despite Sunak’s intervention, warns Office for Budget Responsibility

Richard Partington Economics correspondent

23, Mar, 2022 @2:14 PM

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UK government pushed to ‘come clean’ as decision on bus funding looms
Labour fears public grants to operators will be slashed on Wednesday prompting cuts to up to one-in-three bus services

Gwyn Topham Transport correspondent

21, Feb, 2022 @6:01 AM

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