Record public finances accompany stronger retail sales and business activity but some analysts express cautionThe economic backdrop to Rachel Reeves’s upcoming spring statement appeared to brighten on Friday after a trio...
Read MoreLargest January total since records began in 1993 is sharp reversal from December’s £11.6bn deficitThe UK government has posted the biggest ever budget surplus, official figures show, after a large boost in...
Read MoreOfficial figures better than expected after stronger receipts than a year earlierBusiness live – latest updatesThe UK government borrowed less than expected in December, official figures show, after stronger receipts than...
Read MoreChris Bryant confirms October cyber-attack as the Sun names Storm 1849, a Chinese hacker group, as being responsible Good morning.The UK’s Foreign, Commonwealth and Development Office was hacked in October, according to...
Read MoreONS figures show public sector net borrowing was £11.7bn – £1.9bn less than in same month last yearThe UK government borrowed more than expected in November, official figures show, amid pressure on the economy...
Read MoreExclusive: Chancellor says she made ‘fair and necessary choices’ in budget, and was unwilling to make cutsBritain’s wealthy must shoulder the burden of paying to rebuild the country’s “creaky”...
Read MoreDowning Street brushes off claims that the chancellor misled voters about the state of the public finances ahead of the budgetThe Office for Budget Responsibility has said that Rachel Reeves, the chancellor, was not at risk of...
Read MoreOfficial forecaster’s chair says chancellor knew about revised predictions well before her budget change of heartBusiness live – latest updatesThe Office for Budget Responsibility (OBR) has cast doubt on claims...
Read MoreChancellor axes two-child benefit cap and cuts energy bills paid for by mansion tax and freezing tax thresholds Analysis: ‘Tax-raising budget crash-lands on struggling economy’Budget 2025: key points at a...
Read MoreDamaging events could knock finances off course, says Treasury’s independent forecaster as it downgrades growth outlookReeves says budget will cut living costs after shock OBR leakBudget 2025: key points at a glanceThe...
Read MoreChancellor says she will not ‘get into semantics’ when questioned on issue after her statementAt a glance: the key points from the budgetHow does freezing income tax thresholds affect you?Paul Nowak, the TUC general...
Read MoreChancellor says she will not ‘get into semantics’ when questioned on issue after her statementAt a glance: the key points from the budgetHow does freezing income tax thresholds affect you?Paul Nowak, the TUC general...
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