The government borrows money by selling financial products called bonds. A bond is a promise to pay money in the future. Most ...
Borrowing has reached almost £18bn and the concern is more debt will be required to pay that off - and the same could happen ...
The economic outlook for the UK in 2025 presents a mixed picture, with expectations of modest growth tempered by persistent ...
Britain's deputy finance minister Darren Jones said on Tuesday the government would conduct the first zero based review of ...
Officials have been told that Wednesday’s report from the National Audit Office should serve as a ‘wake-up call’.
It revealed that a 2024 assessment by the government’s new cyber assurance scheme, GovAssure, found that 58 critical ...
The government is unable to find out how vulnerable many of its IT systems are to a cyber attack because of their age, a ...
Chancellor's second-in-command Darren Jones is leading a spending review that will determine how much money government ...
Britain said on Friday it had awarded Rolls-Royce a 9 billion pound ($11 billion) eight-year contract to design, make and ...
Britain’s new government, which is already facing anger over higher taxes, unpopular spending decisions and political ...
It could, in theory, cover all of its spending from taxes ... Most require the borrower to make regular interest payments. UK government bonds - known as "gilts" - are normally considered very ...