Category : Search result: borrowing


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

UK debt crisis deepens as borrowing soars

Britain's national debt has skyrocketed, sparking fears of impending tax rises as the government scrambles to balance the books. Experts warn of tough economic times ahead.

Reeves' Budget: Tax Hikes & Spending Cuts

Chancellor Rachel Reeves announces a challenging budget with tax hikes and spending cuts to tackle the UK's rising borrowing costs. What does this mean for households and businesses?

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