Category : Search result: government borrowing costs


Reeves' Income Tax U-Turn Spooks UK Markets

Chancellor Rachel Reeves' decision to scrap income tax rise plans causes pound to fall and borrowing costs to surge. Discover the market fallout and political implications.

Reeves: Tax Rises Inevitable in Budget Statement

In a stark House of Commons address, Chancellor Rachel Reeves declares tax increases inevitable as Britain faces mounting borrowing costs and economic instability. Get the full breakdown of what this means for your wallet.

EV Charging Costs Skyrocket 75% - Are You Paying Too Much?

New data reveals electric vehicle owners are facing massive price hikes at public charging points, with costs increasing by up to 75% in some areas. Discover which networks are charging the most and how to save on your EV charging bills.

Why Rachel Reeves Must Gamble on Tax Hikes

Exclusive analysis reveals why the Chancellor faces an impossible choice between fiscal responsibility and crumbling public services as economic pressures mount.

4 Times Parents Needn't Pay for Child's Car

Discover the surprising situations where parents have no legal obligation to pay for their child's car, insurance, or running costs. Essential reading for UK families navigating motoring expenses.

50+ Ways to Slash Your Bills & Save £500+

Discover expert money-saving hacks that could save British households over £500 annually on energy, food, and household bills with simple lifestyle changes.

Fed's Powell: No Rate Cuts Until Inflation Cools

Federal Reserve Chair Jerome Powell delivers cautious message on interest rates, emphasising need for sustained inflation control before considering cuts. Market reactions and economic outlook analysed.

Child costs hit £250,000 in Australia

Shocking new research from the Australian Institute of Family Studies reveals the true cost of raising children in Australia, with housing and education driving expenses to unprecedented levels.

US per capita debt surpasses Greece and Italy

Stunning analysis reveals the average American carries more government debt than citizens of European nations notorious for fiscal crises. Discover what this means for global markets.

Reeves Under Fire Over £25bn Interest Bill Crisis

Chancellor Rachel Reeves faces mounting pressure as economists question her fiscal rules amid soaring government borrowing costs and a £25 billion interest payment bill that threatens Labour's investment plans.

UK borrowing outstrips forecasts as Amazon outage hits

UK government borrowing surged past official predictions in September, creating an early challenge for Chancellor Rachel Reeves. The financial uncertainty coincides with a major Amazon Web Services outage that disrupted global businesses before being reso

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.

Sarah Ferguson Borrowed Cash from Epstein

Sarah Ferguson borrowed thousands from Jeffrey Epstein after her divorce from Prince Andrew, with new court documents revealing the extent of their financial relationship during her financial struggles.

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.

New Tool to Slash Home Energy Bills Launches

Discover how a revolutionary online calculator could help British families save hundreds of pounds annually on heating and electricity costs amid the energy crisis.

Bank of England Holds Interest Rates at 5.25%

The Bank of England maintains interest rates at 5.25% despite falling inflation, with policymakers divided on the timing of future cuts as economic uncertainty persists.

Labour's VAT on Taxis: Ministers Face Backlash

Exclusive: Labour ministers under fire as Treasury considers imposing 20% VAT on taxi journeys, sparking outrage from drivers and passengers facing fare hikes during cost of living crisis.

EVs Cost More Than Petrol Cars, New Study Reveals

Groundbreaking research from the UK shows electric vehicles are now more expensive to fuel than their petrol counterparts, challenging government net-zero policies and consumer assumptions about EV ownership costs.

Banks Cut 0% Interest Periods on Credit Cards

Major UK banks are dramatically reducing interest-free periods on balance transfers, leaving borrowers with higher costs. Discover how this shift affects your finances and what alternatives remain.

MPs' energy costs surge to £7.5 million

Exclusive investigation reveals UK government spent staggering £7.5 million on energy bills for MPs' offices and parliamentary buildings amid cost of living crisis, with costs tripling in some regions.

Council spends £1.6M on asylum seeker bus travel

A struggling Yorkshire council faces backlash after revealing it spends millions annually on free bus travel for asylum seekers while cutting essential local services and raising council tax.

UK pubs face £1,500 licensing fee crisis

British publicans confront fresh financial pressures as government plans could impose substantial new licensing costs, adding to existing challenges in the hospitality sector.

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