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    UK public finances

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    • Wednesday, 27 September, 2023
      Chris Giles
      Beware fiscal rules that are easy answers to complicated problems

      I was wrong to think that taking into account UK public sector assets, as well as debt, would be a silver bullet

      A construction worker closes a gate in hoardings around the HS2 development near Euston station in London
    • Thursday, 21 September, 2023
      Rachel Reeves
      From the OBR to new fiscal rules, we will bring back stability

      Labour’s charter of Budget responsibility aims to give businesses certainty — with no repeats of the ‘mini’ Budget

      Shadow Chancellor of the Exchequer, Rachel Reeves is seen outside the Bank of England on Thursday, when the MPC held interest rates at 5.25% per cent
    • Thursday, 21 September, 2023
      UK public borrowing comes in lower than forecast

      Better than expected data adds to pressure on chancellor to cut taxes

      UK chancellor Jeremy Hunt
    • Friday, 1 September, 2023
      UK local government finance
      Ministers look to force local councils in England to publish overdue accounts

      Government proposals designed to address backlog of more than 500 financial statements from public bodies

      The façade of Woking Borough Council offices in the town centre of Woking, Surrey, southeast England, UK
    • Wednesday, 23 August, 2023
      Inside Politics
      Sense of brighter outlook raises pressure for pre-election tax cuts

      Government speculation swirls over whether to change chancellor before public vote

      Jeremy Hunt
    • Tuesday, 22 August, 2023
      Hunt urged to cut UK taxes after better than expected borrowing data

      Tory MPs press chancellor after latest figures for public finances are stronger than anticipated

    • Friday, 21 July, 2023
      UK public borrowing falls unexpectedly as tax receipts grow

      Welcome economic boost as retail sales growth beats forecasts

      The headquarters of HM Treasury
    • Wednesday, 19 July, 2023
      Robert Shrimsley
      There is no low-tax option at the next UK election

      Both major parties have yet to be totally honest with the electorate

      A man in a suit and bowler hat rides a hot air balloon with word tax written across it
    • Thursday, 13 July, 2023
      UK politics
      UK government debt to reach 310% of GDP by 2070s, fiscal watchdog warns

      Public finances in ‘very risky’ position, says Office for Budget Responsibility

    • Tuesday, 11 July, 2023
      UK politics
      Hunt orders ministers to find £2bn savings for public sector pay rises

      Chancellor wants to offer about 6% without having to increase UK borrowing

      Striking members of the Public and Commercial Services Union protesting outside Downing Street
    • Sunday, 25 June, 2023
      UK politics
      Rishi Sunak defends possible curbs on UK public sector pay

      Unions condemn PM’s comments that he may disregard recommendations of independent review bodies

      Junior doctors protest in Manchester during strike action earlier this month
    • Wednesday, 21 June, 2023
      UK government debt surpasses GDP for first time in 62 years

      Public sector net borrowing doubled to £20bn in May

      Photo of an online energy bill
    • Monday, 12 June, 2023
      UK politics
      Hunt announces drive to boost UK public sector productivity

      Chancellor says reform of state is crucial to driving economic growth and tax cuts

      UK chancellor Jeremy Hunt
    • Thursday, 8 June, 2023
      Chris Giles
      Promising tax cuts is bad economics — and politics

      The chancellor’s fiscal rules give him room for pledges that please the Conservative backbenches but there’s a big caveat

    • Tuesday, 23 May, 2023
      Inside Politics
      Reduced immigration demands do not align with realities of low funding

      The Conservative party needs to address issue of spending on skills and staffing

      Someone holding a sign saying ‘Honk for higher education’
    • Tuesday, 23 May, 2023
      UK public borrowing rises on social security and interest payments

      Net borrowing was higher than expected at £25.6bn in April

      Montage of a woman carrying a baby, pound notes and coin, and the UK Treasury logo
    • Friday, 28 April, 2023
      UK quantitative easing
      Bank of England forecasts £100bn payment from Treasury by 2033 over QE losses

      Central bank stresses figures relating to bond-buying programme are estimates

      The Bank of England building
    • Tuesday, 25 April, 2023
      UK tax
      Inheritance tax soars as result of UK’s fiscal drag

      HMRC boosted the total tax take by 9.9 per cent in 2022-23

      A mourner places a hand on a funeral coffin
    • Tuesday, 25 April, 2023
      UK government borrows less than expected, raising prospect of tax cuts

      Public spending falls short of forecasts but so do revenues, indicating weaker economic performance

      The headquarters of HM Treasury in the Westminster district of London, UK
    • Tuesday, 21 March, 2023
      UK public borrowing rises on energy support schemes

      February figure of £16.7bn is higher than expected

      Jeremy Hunt
    • Thursday, 16 March, 2023
      Jeremy Hunt accused of gaming his fiscal rules

      Experts say public finances could be in a worse shape than figures contained in the Budget

    • Thursday, 16 March, 2023
      Paul Johnson
      The UK chancellor is caught in a dilemma, as his Budget shows

      Continuing to muddle through, massage the figures and implement bad policies will only make the problems worse

    • Wednesday, 15 March, 2023
      News in-depthUK Budget
      Jeremy Hunt uses improved public finances to serve up giveaways

      But UK chancellor’s tax incentives to nurture business investment are constrained by his own fiscal rules

      Montage of Jeremy Hunt and a chart
    • Wednesday, 15 March, 2023
      UK Budget
      Hunt’s Budget offers £9bn business tax break and surprise pension boost

      Chancellor also extends free childcare of one- and two-year-olds in fiscal plan to increase workforce

      Jeremy Hunt hold briefcase with the Budget in it
    • Sunday, 12 March, 2023
      ExplainerUK Budget
      Five things to look out for in Jeremy Hunt’s Budget

      Chancellor expected to take steps to nurture economic growth as well as address cost of living crisis

      Jeremy Hunt Budget montage
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