UK government borrowing hits record September high
Chancellor Rachel Reeves confronts unprecedented September borrowing figures while MPs push for wealth taxes in upcoming budget decisions.
Category : Search result: Public Finances
UK borrowing hits record September high of £15.9bn
New figures reveal UK government borrowing hit £15.9 billion in September 2025 - the highest for that month since records began. Chancellor Rachel Reeves faces mounting pressure as debt costs spiral and economic challenges deepen.
Reeves: UK economy in worse state than thought
Chancellor Rachel Reeves delivers sobering assessment of Britain's economic inheritance, revealing deeper problems than anticipated with Resolution Foundation analysis showing significant fiscal challenges ahead.
Reeves: No quick fix for UK economic crisis
Chancellor Rachel Reeves delivers stark assessment of UK finances, confirming previous government left economy in worst state since WWII with 'no magic wand' for immediate solutions.
UK government borrowing costs hit 20-year high
Chancellor Rachel Reeves faces mounting pressure as UK government borrowing costs surge to their highest level in two decades, threatening Labour's economic plans and increasing pressure on public finances.
Reeves: No magic money tree for UK economy
Chancellor Rachel Reeves delivers hard-hitting speech at Wembley, ruling out immediate tax rises while promising tough spending decisions and economic stability.
Reeves: No 'magic wand' for UK economy
Chancellor Rachel Reeves delivers sobering assessment of UK finances, confirming tough decisions ahead as Labour confronts 'worst economic inheritance since WWII'.
Global Debt to Hit 100% of GDP by 2029 - IMF
The International Monetary Fund issues stark warning as global government debt is projected to reach 100% of GDP within five years, with the UK facing particularly challenging economic headwinds.
Reeves hunts budget headroom to insulate UK economy
Chancellor Rachel Reeves is exploring creative fiscal measures to create additional budget flexibility, aiming to shield Britain's economy from unpredictable bond markets while prioritising economic insulation.
Scottish Government's £1bn NHS Pension Bill After Court Loss
The Scottish Government has been ordered to pay up to £1 billion in compensation after the Court of Session ruled it discriminated against senior NHS staff in pension changes.
Reeves: Treasury has 'no money' left for Labour government
Chancellor Rachel Reeves reveals Treasury discovered 'no money' left as Labour prepares emergency budget to stabilise UK economy and deliver growth plan.
Swinney's Stark Warning on Scotland's Economic Future
Scotland's Deputy First Minister issues urgent economic assessment, revealing critical challenges facing the nation's finances and public services.
VAT error gives Reeves £3bn budget windfall
Chancellor Rachel Reeves discovers unexpected £3bn for autumn budget after officials correct significant VAT calculation error, providing relief amid spending pressures.
Badenoch: Half of spending cuts to reduce deficit
Chancellor Kemi Badenoch announces radical new fiscal policy requiring 50% of spending reductions to directly tackle Britain's budget deficit, reshaping economic strategy.
Reeves: £30bn asylum black hole in Budget
Chancellor Rachel Reeves exposes massive financial shortfall in asylum system, revealing £6.2 billion annual costs and warning of tough spending decisions ahead.
Reeves Rules Out Income Tax, NI, and VAT Rises
Chancellor Rachel Reeves has used her first major speech to pledge no increases to Income Tax, National Insurance, or VAT, while warning of difficult spending decisions to rebuild the economy.
Treasury Warns Reeves: No Cash for Labour's Spending Plans
Chancellor Rachel Reeves receives a stark economic reality check from the Treasury's top official, who revealed there's no cash reserve for new spending, forcing tough fiscal choices.
Daily Mail's Stark Warning: UK Economic Crisis Looming
The Daily Mail issues a powerful critique of the UK's unsustainable economic trajectory, warning of dire consequences from unchecked public spending, soaring debt, and a looming crisis that threatens future generations.
UK Borrowing Hits £37.6bn, Exceeding Forecasts
Chancellor Rachel Reeves faces a stern fiscal test as UK public sector borrowing hits £37.6bn for the first five months of the financial year, exceeding official forecasts and complicating Labour's spending ambitions.
UK Borrowing Rises as Consumer Confidence Slumps
New ONS data reveals a sharp rise in UK public sector borrowing alongside falling consumer confidence, creating a challenging backdrop for Chancellor Rachel Reeves's upcoming autumn budget.
IFS Exposes £18bn Black Hole in Labour's Spending Plans
New Chancellor Rachel Reeves faces immediate economic reality check as Institute for Fiscal Studies exposes £18bn black hole in Labour's spending plans, forcing potential cuts to public services.
Labour's Economic Challenge: Legacy Grim, But Hope Needed
The new Labour government inherits a dire economic legacy, but voters demand solutions, not excuses. Analysis of the fiscal challenges and the urgent need for a hopeful, forward-looking strategy.
Reeves Faces £9bn Tax Black Hole in Budget Crisis
Chancellor Rachel Reeves confronts a massive £9 billion fiscal shortfall as Treasury officials reveal grim tax receipt forecasts, forcing potential emergency tax hikes or spending cuts in the upcoming Budget.
SNP climate policies risk £700m annual black hole
A bombshell report reveals the staggering £700 million per year cost of the SNP's net-zero climate policies, posing a severe risk to Scotland's public finances with no clear funding plan.
UK Economy Flatlines in July: 0.0% Growth Recorded
Britain's economic growth stalled in July with 0.0% GDP growth, delivering a major blow to Chancellor Rachel Reeves and raising fears of imminent tax hikes to fill a £22 billion black hole in public finances.
Sturgeon: Scotland's £27.4bn Benefits Bill Unsustainable
Former First Minister Nicola Sturgeon delivers stark warning about Scotland's devolved social security system, revealing benefits spending has surged by £7.4bn since 2015. Exclusive analysis shows the growing strain on public finances.
Reeves: Tory Ministers Left £22bn Black Hole in Finances
Chancellor Rachel Reeves accuses former Tory ministers of leaving the economy in a dire state, with a £22bn black hole in the public finances. Exclusive insight into the pre-Budget spending review.
Badenoch Denies UK in Secret IMF Bailout Talks
Business Secretary Kemi Badenoch has categorically denied that the UK is in talks with the IMF for a financial bailout, calling the speculation 'ridiculous' amidst growing concerns over the nation's debt and welfare spending.
September's Financial Squeeze: The New January Blues
UK shoppers are bracing for a brutal September as a perfect storm of back-to-school costs, rising bills, and early Christmas spending threatens to empty bank accounts. Experts reveal why this month is the new January for financial stress.
Scotland's benefits bill crisis may force tax hikes and cuts
Scottish ministers confront stark warnings as the nation's soaring benefits expenditure threatens to trigger significant tax increases and austerity measures, testing the limits of devolved powers.
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