UK Borrowing Jumps as Debt Interest Costs Hit Record High
UK government borrowing surged to £23.3 billion in May, driven by record debt interest costs of £11.7 billion, as Iran war pressures and political uncertainty weigh on public finances.
Category : Acquisitions
UK Borrowing Jumps as Debt Interest Costs Hit Record May High
UK government borrowing surged to £23.3bn in May, a 30.4% increase year-on-year, as debt interest costs hit a record May high amid Iran war pressures and political uncertainty.
Arsenal Join Race for PAOK Teenager Konstantelias
Arsenal join race for PAOK wonderkid Giannis Konstantelias, valued at £10m, with scouts set to watch the 19-year-old in January.
UK Borrowing Surges as Debt Interest Costs Hit Record May High
UK government borrowing rose to £23.3 billion in May, surpassing expectations, as debt interest costs hit a record high due to Iran war pressures and rising inflation.
Axel Springer Buys Telegraph Media Group for £575m
German media group Axel Springer buys Telegraph Media Group for £575m, ending a three-year ownership battle and thwarting DMGT's rival bid.
Man United Join Race for World Cup Star Baturina
Manchester United have joined the race to sign Croatia and Como midfielder Martin Baturina, who impressed against England at the World Cup. The 23-year-old is valued at over £43m.
Burnham Win Triggers New Greater Manchester Mayor Race
Andy Burnham's Makerfield by-election victory means a new Greater Manchester mayor election on July 30, with candidates from Labour, Conservatives, Greens, Lib Dems, Reform UK, and Restore Britain.
Burnham Wins Makerfield By-Election, Defeats Reform UK
Andy Burnham secures Makerfield by-election with 24,927 votes, defeating Reform UK. High turnout of 58.75% as he eyes potential Labour leadership.
Liverpool Sign Victor Munoz: Iraola's Ideal New Winger
Liverpool have confirmed the signing of Spain winger Victor Munoz from Osasuna for £34.5m. The 22-year-old, a former Real Madrid academy star, brings pace and dribbling to Andoni Iraola's attack.
Liverpool Latest: Victor Munoz Clause Claim Emerges
Liverpool continue summer transfer activity under Andoni Iraola. Victor Munoz deal reportedly includes a Real Madrid clause. Reds also edge out Newcastle once more in transfer race.
Transfer News LIVE: Man Utd, Liverpool, Arsenal Latest
Follow the latest transfer news and rumours from the Premier League and Europe, including Manchester United's interest in Croatia ace Martin Baturina, Liverpool's potential move for Francisco Trincao, and Arsenal's summer plans.
Carol Vorderman Praises Makerfield After Burnham Win
Carol Vorderman congratulated Makerfield voters after Andy Burnham's decisive by-election victory, calling them 'wonderful' and praising tactical voting to defeat Reform UK's candidate.
Man Utd Focused on Fernandes, Not Rushing West Ham Deal
Manchester United are prioritising Mateus Fernandes but won't rush a deal with West Ham, who may need to sell before June 30. Meanwhile, Rashford's £40m 'release' is a gentleman's agreement, and Malacia seeks a move.
Asda Prices Surprise First-Time Shopper vs Sainsbury's
A first-time Asda shopper was amazed at how much cheaper groceries were compared to Sainsbury's, with significant savings on staples like cakes, strawberries, and crisps.
Andy Burnham Wins Makerfield By-Election Landslide
Andy Burnham secured a landslide victory in the Makerfield by-election, gaining 24,927 votes and a majority of 9,231, with Reform's Robert Kenyon coming second.
Andy Burnham Wins Makerfield By-Election Decisively
Andy Burnham wins Makerfield by-election with 24,927 votes, defeating Reform UK's Rob Kenyon. The result is seen as a test for Labour and Starmer.
SNP Holds Arbroath and Broughty Ferry By-Election
The SNP has retained the Arbroath and Broughty Ferry seat in a by-election, with Lara Bird winning. Turnout was 31.36%, down from 58% in 2024.
Consumer Confidence Drops Among Young UK Adults
Consumer confidence among younger adults in the UK has plunged, with GfK's index showing a drop of 11 points among 16-29 year olds, while overall confidence remains at minus 23.
Ministers Must Clear Horizon Claims by Year-End: Committee
The business and trade select committee demands ministers resolve remaining Horizon Shortfall Scheme claims by end of 2024, urging Fujitsu to make interim payments immediately.
Xabi Alonso Tipped to Sign Rashford for Chelsea
Xabi Alonso has been backed to lure Marcus Rashford to Chelsea after a £40m release clause in the Manchester United winger's contract emerged, with Barcelona deciding against making the move permanent.
Explore Hoppings Rides Early: Fairground Teases Thrills
The Hoppings fair returns to Newcastle's Town Moor with over 400 rides. New website lets you filter by thrill level, and email sign-up offers up to £8 off rides.
Tottenham Sign Jan Paul van Hecke for £52m from Brighton
Tottenham Hotspur have completed the £52m signing of Dutch defender Jan Paul van Hecke from Brighton, reuniting him with manager Roberto De Zerbi.
Real Madrid Target Fernandes, Boosting Man Utd Tchouameni Hopes
Real Madrid's interest in Mateus Fernandes may allow Manchester United to sign Aurelien Tchouameni. United have already agreed a deal for Ederson and seek more midfield recruits.
Should Social Media Be Banned for Adults? Readers Debate
Readers discuss whether social media should be banned for adults, the misuse of words like 'epicentre', and the UK's defence spending amid global tensions.
Iraola Key in Liverpool's £34.5m Munoz Transfer
Andoni Iraola played a pivotal role in Liverpool's £34.5m deal to sign Victor Munoz from Osasuna, beating Newcastle and others to the Spanish forward.
Real Madrid's Fernandes Move May Free Tchouameni for Man United
Real Madrid's pursuit of Mateus Fernandes could allow Manchester United to sign Aurelien Tchouameni. United already have a deal for Ederson and are targeting another midfielder.
Scotland Fans Make Haggis Legal in Massachusetts
After thousands of Scotland fans took over Boston, Massachusetts Governor Maura Healey signed an executive order to legalize haggis, though the ban remains at the federal level.
FTSE 100 Falls as BoE Keeps Rates Unchanged at 3.75%
The FTSE 100 closed down 1% after the Bank of England held rates at 3.75%, while a hawkish Fed stance weighed on market sentiment. US markets later rallied.
Giroud Tips Arsenal Target Bouaddi for Real Madrid Move
Olivier Giroud praises Lille teammate Ayyoub Bouaddi, suggesting the 18-year-old midfielder, a £60m Arsenal target, could be playing for Real Madrid next year.
Man's Mission to Revive Iconic Liverpool Drink Schofields
Tony Morrison is reviving the iconic Liverpool soft drink brand Schofields, securing trademarks and developing new versions of classic flavours like cream soda.
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