Government borrowing
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
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
Editorial
10, Jul, 2022 @4:48 PM
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
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
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
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
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
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
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
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
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
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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