UK borrowing costs rose unexpectedly to £17.8billion in December, but Chancellor Rachel Reeves remains confident in the country's financial health following the October budget. This figure was around ...

The UK government generally spends more than it ... But, if it can't, the government covers the gap by raising taxes, cutting spending or borrowing. Higher taxes mean people have less money ...

The increase in UK borrowing costs had threatened to knock finance minister Rachel Reeves off track for meeting her fiscal rules, possibly requiring her to cut spending as soon as March to get ...

16 on concerns over sluggish economic growth and stubbornly high inflation. That has pushed Britain’s borrowing costs to the highest level since the 2008 financial crisis. As borrowing costs ...

The spike in borrowing costs threatens the government's economic plans, with Chancellor Rachel Reeves facing pressure after figures last week showed the UK economy had flatlined. The government ...