Category : Search result: UK borrowing costs


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.

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.

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.

London's £1,200 Monthly Parking Shock

Exclusive investigation reveals how Westminster's car park charges have hit record highs, with some Londoners paying more for parking than accommodation.

Aldi and Asda cut fuel prices by 5p per litre

Aldi and Asda have launched a major fuel price battle, cutting petrol and diesel costs by 5p per litre across their UK forecourts in a move that could save drivers over £2 per tank.

Rachel Reeves's Economic Wonderland: Fantasy Over Reality?

Chancellor Rachel Reeves faces mounting criticism as her economic policies draw alarming parallels to fantasy over reality. Experts question the sustainability of her borrowing plans and warn of serious consequences for Britain's economy.

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.

Bank of England holds interest rates at 5.25%

The Bank of England's Monetary Policy Committee votes 7-2 to maintain current interest rates. Governor Andrew Bailey warns of persistent inflationary pressures despite economic slowdown.

Bank of England Holds Interest Rates at 5.25%

The Bank of England's Monetary Policy Committee votes 7-2 to maintain current interest rates as inflation shows signs of easing, though Governor Andrew Bailey remains cautious about future cuts.

Hunt's Pre-Election Budget Walks Fiscal Tightrope

Exclusive analysis: Chancellor Jeremy Hunt prepares a pivotal pre-election Budget, walking a tightrope between voter-friendly tax cuts and fiscal responsibility as the UK economy sends mixed signals.

Bank of England Holds Interest Rates at 5.25%

The Bank of England's Monetary Policy Committee votes 7-2 to maintain the base rate at a 16-year high of 5.25%, offering a cautious reprieve for borrowers while continuing its fight against persistent inflation.

Badenoch's Leadership Reality Check Begins

As the new Prime Minister, Kemi Badenoch faces a harsh political awakening. Inheriting a legacy of economic turmoil and party division, her premiership is already being tested by the cold realities of power, soaring borrowing costs, and a restless party.

UK Economic Crisis as Borrowing Costs Soar to 10-Year High

Britain faces a severe economic storm as government borrowing costs hit alarming highs, sparking fears of a fiscal crisis. Chancellor Rachel Reeves confronts mounting pressure amid market turmoil and Labour's internal reshuffle.

UK Moving House: The Shocking Hidden Costs of 2025

Exclusive investigation reveals the crippling financial and emotional toll of buying and selling homes in Britain. From soaring fees to estate agent tricks, discover what the industry doesn't want you to know.

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.

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