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Government borrowing

October 2024

  • Composite of Tory leadership contenders (L-R): James Cleverly, Kemi Badenoch and Robert Jenrick

    Politics live with Andrew Sparrow
    Cleverly, Badenoch and Jenrick stay in Tory leadership race as Tugendhat knocked out – as it happened

    Trio face one more round of voting by MPs before party members have their say on final two

September 2024

  • Richard Partington

    Economics viewpoint
    Labour’s economic success lies in reshaping a doom-laden Treasury mindset

    Richard Partington
  • Chris Whitty arriving at the Covid inquiry in London on Thursday

    Politics live with Andrew Sparrow
    Lack of ICU capacity was ‘political choice’, Chris Whitty tells Covid inquiry – as it happened

  • Rachel Reeves

    UK debt hits 100% of GDP, the highest level since 1960s

  • British Airways aircraft at Terminal 5 at Heathrow Airport, London

    Jet fuel tax could raise £6bn a year in the UK, says thinktank

  • Economics viewpoint
    One more item on Labour’s long to-do list: repair the UK aid budget

    Larry Elliott
  • Can UK avoid national debt almost tripling over next 50 years?

  • UK debt projected to almost triple over next 50 years, watchdog warns

  • UK state pension could rise by about £460 a year from April, wage growth figures suggest

  • Demand for government debt shows UK still a haven for investors

  • Labour urged to place trade union members on wealth fund board

August 2024

  • Rachel Reeves

    These were not the economic choices I wanted to make, but they are right for Britain

    Rachel Reeves
    Tory overspending and unfunded commitments have badly damaged the nation. Tough decisions are needed to rebuild it from the ground up, writes Rachel Reeves
  • A group of people thought to be migrants are brought in to Dover, Kent, earlier this month.

    Politics live with Andrew Sparrow
    Labour ‘promoting age-old message of fear and hostility’ over migrants, says charity – as it happened

    Amnesty International UK says Labour is ‘reheating’ the previous government’s rhetoric as Yvette Cooper vows to increase removals
    • What personal tax rises might Rachel Reeves introduce to ease UK deficit?

    • UK government borrowing hits higher than expected £3.1bn in July

    • Economics viewpoint
      A simple solution to Rachel Reeves’ spending cuts? Stop subsidising the banks

      Larry Elliott

July 2024

  • the Treasury buildings in Whitehall.

    How bad are Britain’s finances? Key questions and answers on the state of the economy

    Several factors restrict the Labour government’s room for manoeuvre in its agenda for growth, writes Phillip Inman
  • Junior doctors hold orange and white placards reading 'pay restoration for doctors'

    Labour must take immediate action to deliver on workers’ rights, says union chief

    Post-election honeymoon will be brief unless Keir Starmer holds summit with unions within days, says TUC president
  • Keir Starmer and Rachel Reeves in the City of London.

    Labour landslide may boost investment and confidence in UK, say City analysts

    Strong mandate for Keir Starmer’s party should help restore Britain’s ‘safe haven’ status, knocked by Liz Truss and Brexit

June 2024

  • Illustration of liquid made from graph paper being poured from the box that features the words: ‘chancellor of the exchequer’

    14 years of Tory rule – in data
    The economy: how 14 years of Tory rule have changed Britain – in charts

    The effects of austerity, Covid, war and the cost of living crisis are still haunting government and domestic finances
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