The government recorded a monthly surplus of £15.4bn in January, according to figures from the Office for National Statistics, but this was £5.1bn short of the £20.5bn surplus anticipated by the Offic ...

(Alliance News) - The UK notched up a record government borrowing surplus in January thanks largely to self-assessed tax returns, according to official figures. The Office for National Statistics said ...

British finance minister Rachel Reeves received more bad news on the public finances on Friday after January tax receipts ...

Chancellor Rachel Reeves is accused of “maxing out” Britain’s credit card with the latest figures showing Britain has borrowed nearly £13billion more than expected. This comes as companies are ...

The £15.4 billion surplus is more than the figure seen a year ago and is the largest since monthly records began in 1993.

Driving this latest spike were rising costs of essentials like bread, meat, and private school fees, plus air fares ...

However, higher borrowing costs have put pressure on government finances, leading to warnings that she may face "difficult decisions" to meet her self-imposed financial rules, with UK government ...

Retail investors piled into UK government debt last month, as the country's borrowing costs skyrocketed and traders scooped up a bargain. The yield on 10-year gilts peaked at almost 4.9 per cent ...

(Bloomberg) -- Bank of England interest-rate cuts are not feeding through to borrowing costs for households and ... and repair the public finances. The UK has seen swap rates and gilt yields ...

The UK Nationwide House Price Index for January was ... Soaring rents and an ongoing cost of living crisis have also exacerbated this situation. Robert Gardner, chief economist at Nationwide ...

Bank of England interest-rate cuts are not feeding through to borrowing costs for households and the government, making it harder for Chancellor Rachel Reeves to deliver the economic growth she has ...