DEBT interest costs pushed up UK government borrowing more than predicted last month, putting Chancellor of the Exchequer Rachel Reeves on course to overshoot official forecasts this year. Read more ...

Chancellor Rachel Reeves ‘s financial headache has been inflamed by a surprise jump in borrowing in December, which leapt to ...

The pound remained above the USD1.23 on Wednesday, despite some unfavourable data, as markets take the threat of Donald Trump tariffs in their stride. Sterling did surrender some earlier progress but ...

UK borrowing costs rose unexpectedly to £17.8billion in December, but Chancellor Rachel Reeves remains confident in the ...

The Office for National Statistics said public sector net borrowing stood at £17.8 billion last month, up £10.1 billion on a year earlier.

Yields on U.K. government bonds--which are known as gilts--surged in early January, and although they have since fallen back somewhat, they remain above the levels assumed by the OBR when it was ...

The Office for National Statistics said public sector net borrowing stood at £17.8 billion last month, up £10.1 billion on a year earlier.

(Reuters) - Britain ran a bigger-than-expected budget deficit in December, swelled by debt interest costs and a one-off ...

The ONS cautioned the latest payroll estimation, drawn from tax data, was subject to change, while the unemployment rate is still seen as unreliable due to changes to the jobs survey, but experts said ...

Stocks were called to open slightly higher on Tuesday morning, as UK market participants digest the latest unemployment data. The UK's unemployment rate rose above analysts' forecast in November, to ...

The disappointing retail data adds to the dim economic picture in the U.K. and to the challenges facing Finance Minister ...