Category : Search result: public sector net debt


UK borrowing at £11.7bn, higher than forecasts

UK public sector borrowing fell to a four-year low for November but exceeded expectations, partly due to the government's reversal on winter fuel payments. Read the full analysis.

Joshua & Paul to Bank £70m Each in Miami Fight

Anthony Joshua and Jake Paul will each pocket a staggering £70 million from their heavyweight showdown tonight. We break down their career earnings and net worths ahead of the blockbuster fight.

Reform UK to cut 68,500 civil service jobs if elected

Reform UK unveils radical plan to slash 68,500 civil service posts, saving taxpayers £5.2bn a year. Party vows to end 'woke' policies and 'bloat' if Nigel Farage becomes PM. Read the full details.

Young Senator's Student Debt Cut Sparks Backlash

Australia's youngest senator, on a salary of nearly £125,000, faces criticism for celebrating a 20% student debt cut. Critics call the policy unfair, benefiting high earners most.

$1 Billion Minnesota Fraud Shakes Public Trust

Massive fraud schemes in Minnesota have siphoned over $1 billion from programmes for children and the homeless, leading to federal prosecutions and political fallout. Discover how it happened.

Gen Z Debt: 27% Default, Risking Mortgages

Over a quarter of UK Gen Z have defaulted on debt. Learn what a default means, its serious consequences for your credit file, and how to avoid one to protect your financial future.

Millions Vie for China's Civil Service in Tough Economy

A record 3.7 million applicants in China are competing for just 38,100 civil service posts, highlighting a major shift towards public sector job security amid economic uncertainty. Discover the driving forces behind this trend.

Australia's Public Sector Faces 5% Budget Cuts

Treasurer Jim Chalmers confirms department heads must identify savings from lower-priority spending, denying major job cuts while redirecting funds to Medicare and tax relief.

Women hit harder by public debt in Scotland

New research reveals women in Scotland are disproportionately driven into poverty by public debt collection. A wake-up call for policymakers to reform harsh recovery methods.

Whitehall's £1.3m Pension Pots Amid Private Sector Raid

Britain's top civil servants have taxpayer-funded pension pots averaging £1.3m, a new report reveals. This comes as the Chancellor plans a £3bn raid on private sector retirement savings. Discover the full story.

Reeves in 'Last-Chance Saloon' Over Budget

Chancellor Rachel Reeves faces a crucial Budget with record low approval ratings. Pollster warns she is 'losing the room' with voters on the economy and public services.

NHS Pay Row: Doctor's £100k Salary Sparks Debate

A heated debate on NHS salaries erupts after a consultant calls her £100,000 wage 'pathetic', while a teacher highlights the vast pay gap within the public sector. Share your views.

UK Government Borrowing Higher Than Forecast

UK public sector borrowing reached £17.4bn in October, overshooting forecasts and piling pressure on Chancellor Rachel Reeves ahead of next week's crucial Budget announcement.

NHS Fife boss retires amid discrimination scandal

NHS Fife CEO Carol Potter steps down with praise and early retirement package despite a tribunal case over female staff rights. Discover the full story behind this public sector controversy.

Australian Defence spends £41k on war games training

Australian taxpayers fund unexpected government purchases including war-gaming boards and Minecraft education. Defence officials justify spending as vital training tools amid rising national debt concerns.

Australian Public Service Wages Jump 3.4%

New data reveals Australian public servants are enjoying their fastest wage growth in 15 years, outstripping private sector increases and raising questions about economic fairness.

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