Category : Search result: borrowing shock


Reeves' "Healey Moment" as UK Faces £22bn Budget Crisis

Chancellor Rachel Reeves confronts an economic firestorm, drawing stark parallels to Denis Healey's 1976 IMF crisis. With soaring borrowing costs and a £22bn budget black hole, the UK faces its gravest fiscal challenge in half a century.

UK's 'Moron Premium': Borrowing Costs Hit 27-Year High

Britain's borrowing costs have surged to levels not seen since 1997, with markets imposing a 'moron premium' following Chancellor Rachel Reeves' controversial fiscal plans. The gilt yield spike signals deep market anxiety over the UK's economic direction.

UK Government Borrowing Hits 26-Year High

Chancellor Rachel Reeves faces a stern economic test as public sector net borrowing hits £27.6bn, the highest since 1999. Rising debt interest payments and welfare costs drive the surge, complicating Labour's fiscal plans.

Mum Wakes Screaming After Two-Week Sepsis Coma

A mother-of-two's routine surgery turned into a two-week coma nightmare after she contracted sepsis. Doctors gave her a 5% chance of survival as her family prepared for the worst. This is her incredible story of survival against all odds.

Bank holds base rate at 5.25% amid inflation concerns

The Bank of England has kept interest rates unchanged at 5.25%, offering temporary relief to mortgage holders. However, experts warn that persistent inflation could lead to future hikes, squeezing household budgets further.

Holiday price shock: £7k increase overnight

A British couple was left stunned when their holiday package price skyrocketed by £7,000 overnight. Experts reveal the hidden reasons behind such drastic increases.

Tourist finds python in toilet at Spanish resort

A British tourist got the shock of her life when she discovered a python lurking in her toilet at a Spanish holiday resort. The terrifying encounter left her fearing for her safety.

Bank of England holds rates at 5.25% amid inflation concerns

The Bank of England has kept interest rates unchanged at 5.25% for the sixth consecutive meeting, as policymakers weigh persistent inflation against economic growth risks. Governor Andrew Bailey signals cautious optimism but warns of lingering price press

Love Island couple dumped in dramatic twist

In a jaw-dropping turn of events, a Love Island couple tipped for the final has been brutally dumped from the villa after ex-islanders delivered a crushing blow.

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